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Ransomware attacks surged to a record high in December 2024, with 574 incidents reported. FunkSec, a newly identified group combining hacktivism and cybercrime, accounted for over 100 attacks, making it the most active group that month. The attacks targeted the industrial sector and used a variety of ransomware techniques. This highlights a surge of cyberattacks.

FunkSec, a rising ransomware group, blurs the lines between cybercrime and hacktivism. This group utilizes AI to develop malware and has quickly gained notoriety by breaching databases and selling access to government websites. They have unusually low ransom demands and operate as a four-member team, indicating a blend of financial and visibility motivations. This group emphasizes the evolving landscape of ransomware and the potential for AI to lower the barrier for new groups to engage in cybercrime. This group is being tracked as an evolving cyber threat. Organizations should implement robust security measures, including network segmentation, data backups and security awareness trainings.