What are the statistics saying about the number of ransomware attacks vs. other types of hacks?

Statistics reveal that ransomware attacks have been increasing in prevalence compared to other types of hacks. Ransomware attacks have become a significant cybersecurity threat, with a growing number of incidents targeting individuals, businesses, and organizations globally. They are particularly concerning because they can lead to data encryption, financial extortion, and significant disruption to operations. Ransomware attacks have been on the rise due to their profitability for cybercriminals and their ability to exploit vulnerabilities in systems.