In 2025, the ransomware landscape became increasingly crowded, with a record high number of unique DLS with at least one post. The growing pool of ransomware actors engaging in extortion operations combined with persistent targeted efforts by law enforcement and enhanced organizational security has likely shrunk profit margins for ransomware operators in recent years. In response, threat actors appear to be adopting new strategies from who they target to the technologies they use. This evolution has included an apparent increase in targeting smaller organizations, and a possible focus on data theft extortion without ransomware deployment. Furthermore, threat actors are incorporating artificial intelligence (AI) into aspects of their operations (e.
g. , negotiations) and leveraging Web3 technologies to bolster the resilience of their infrastructure. While we see expansions in these aspects, internal and external disruptions seen in recent years have prompted some threat actors to become more cautious resulting in more rigorous vetting of potential partners. We expect ransomware actors to continue to adjust and evolve their tactics in an attempt to maintain some level of success or regain the levels of profitability they reached historically. 2025 marked a record year for the number of posts on DLS, with the total number of posts surpassing that of 2024 by almost 50%.
Despite these record setting numbers, we caution against relying solely on DLS data to ascertain the overall volume of ransomware activity. Threat actors typically only create DLS posts for victims that have refused to initiate or complete extortion negotiations. Public reporting indicates that ransom payment rates have been declining, which could, at least partially, fuel the steady increase of posts on shaming sites. It can also be difficult to differentiate between DLS posts associated with data theft-only operations and those that also include ransomware deployment.