In this report, we explore the big names in ransomware, the most frequently targeted sectors, trends in data exfiltration, and which malware and tools are leveraged by ransomware operators. This data creates insights into how organizations can better protect their environments from cyberattacks. The 2023 threat landscape was characterized by a combination of mainstay threat actors and new or reemerging groups. While top variants continue evolving to maintain dominance, the widespread impact of newer groups demonstrates the constant evolution of today’s threats and the need for adaptable defenses and increased cyber resilience.