In 2024, businesses must brace for increasingly sophisticated ransomware attacks. Ransomware gangs have refined their tactics, focusing on high-value targets through big-game hunting strategies, leading to fewer but more impactful attacks. The rise of ransomware-as-a-service (RaaS) has made it easier for new cybercriminals to enter the field, driving up the number of attacks. AI is playing a dual role, both enhancing the attackers’ capabilities with more personalized and complex threats and aiding defenders in detecting and mitigating these threats. Businesses should expect more indiscriminate attacks, including those targeting critical infrastructure and larger entities, as well as a notable increase in mobile ransomware and supply chain attacks. To counteract these threats, organizations must adopt a multi-layered defense strategy, emphasizing system hardening, automated patching, and robust endpoint protection (Tech Monitor) (Proven Data) (SecurityWeek).