Ransomware group profits are rising faster than FTSE 350 firms

▤ Summary

Rapid7 Labs says ransomware remains highly profitable, with criminal groups generating an estimated $529.2 million in Q1 and growing revenue 39% year over year. The research highlights how groups like Qilin and Gentleman operate like structured businesses with specialist roles and resilient infrastructure. Rapid7 urges organizations to reduce exposed attack surfaces, strengthen identity controls, and use threat intelligence earlier in the attack chain. The piece frames ransomware as a persistent security and resilience problem for businesses, not a one-time incident.

▦ Linked Companies

NVIDIA Corporation

$1B+

Rapid7

$500M to $1B