Download the Report
Key Findings
- The number of newly formed ransomware groups increased by 30% during the 12 months to the end of October 2025
- New, white-label Ransomware-as-a-Service (RaaS) platforms now enable cybercriminal groups to create their own brands
- Cybercriminal groups are abandoning encryption in favour of pure data exfiltration for faster, lower-cost cyber-attacks
- Global vulnerability disclosures rose 21% to exceed 35,000 in the year to the end of October 2025
- First evidence of a nation-state-backed threat group leveraging Claude’s agentic capabilities to orchestrate attacks, with AI agents performing up to 90% of the intrusion activity
- Threat actors from Russia, China, and Iran remain the top threats to the public sector as they sustain large cyber espionage campaigns, while nation-state-sponsored bad actors likely earned over $2 billion from cybercrime in 2025.
- Targeting against the energy sector increased by over 60%
- The sector experienced a 196% surge in data breaches
- Activity was spread across 75 countries with most attacks hitting the US, Spain, and Israel
- Ransomware levels remained on par with the previous year
- Hacktivism targeting leapt up by 39%
Take Action
Every sector faces cyber security challenges. Our range of managed security services and incident response services are designed to defend and protect organisations wherever they are on their security journey.
To explore how intelligence-led security approaches translate into practical defensive outcomes, organisations are encouraged to participate in the Microsoft Threat Protection Workshop.





