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Ransomware Attacks Rise 3% in Q2 as Supply Chain Compromises Escalate, NCC Group Warns

by Lara Joseph
July 22, 2026
in News
Ransomware Attacks Rise 3% in Q2 as Supply Chain Compromises Escalate, NCC Group Warns
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Global ransomware attacks climbed 3% in the second quarter of 2026, rising from 2,165 incidents in Q1 to 2,229, according to NCC Group’s latest Quarterly Cyber Threat Intelligence Report. While the increase in volume was modest, the security firm warned that supply chain attacks are growing rapidly in both scale and sophistication, and that the overall trajectory of ransomware activity continues to point upwards.

The report recorded 665 ransomware attacks in June alone, with the industrials sector once again the most heavily targeted, accounting for 30% of attacks across the quarter and 28% in June. Consumer Discretionary and Information Technology rounded out the top three targeted sectors for the quarter.

North America remained the most targeted region, absorbing 44% of all Q2 attacks and 41% of June’s total, followed by Europe (26% for the quarter, 23% in June) and Asia. Qilin held its position as the most active ransomware group for a fifth consecutive quarter, linked to 14% of all Q2 attacks (301 victims), ahead of The Gentlemen (238 victims) and DragonForce (145 victims). NCC Group also flagged the emergence of KryBit, a new Ransomware-as-a-Service operation that claimed 56 victims in its first full quarter of activity.

VPNs remain a favoured entry point

The report’s spotlight section highlights corporate VPNs and internet-facing edge devices as the ransomware ecosystem’s most exploited entry point so far in 2026. Groups including Akira, Qilin and The Gentlemen have all been observed exploiting vulnerabilities in products from vendors such as Fortinet, SonicWall, Citrix and Check Point to bypass authentication and gain a foothold inside victim networks.

NCC Group said vulnerabilities affecting VPN products account for around 15% of the 150-plus Threat Intelligence Alerts it has issued so far this year, many rated high or critical severity. The report also points to “FortiBleed,” a large-scale credential exposure incident uncovered in June affecting roughly half of all publicly exposed FortiGate devices, as a development likely to fuel further exploitation in the coming months.

Software supply chain under sustained assault

Alongside the ransomware data, NCC Group’s analysts describe a marked escalation in attacks against the software development ecosystem during Q2, with campaigns hitting GitHub Actions, npm, PyPI, Docker Hub, Open VSX and the Visual Studio Code Marketplace. The financially motivated group TeamPCP was linked to some of the most significant activity, including the self-propagating “Mini Shai-Hulud” worm, which continued to spawn derivative campaigns, dubbed Miasma and Hades, after its source code was published to GitHub in May.

The report warns that these campaigns exploit “transitive trust” in software supply chains, turning maintainer accounts, CI/CD tokens and cloud credentials into high-value targets, with effects that can cascade well beyond the organisation initially compromised.

“A board-level issue”

Matt Hull, VP and Head of Cyber Intelligence and Response at NCC Group, said supply chain attacks remain one of the most attractive routes for threat actors to inflict significant operational, financial, and reputational damage, and that businesses need continuous, rather than ad hoc, monitoring and resilience.

“Although there has not been a material rise in ransomware volume in the last quarter,” Hull said, the trajectory of attacks continues upwards, and VPNs remain an increasingly attractive target. He added that organisations must treat cyber security as the board-level issue it is, pointing to geopolitical tensions and rapidly evolving AI capabilities as compounding pressures on defenders.

NCC Group’s report also examines the deepening professionalisation of ransomware operations such as The Gentlemen, a rapidly-scaling RaaS group whose leaked internal database revealed structured negotiation tactics and a dedicated suite of EDR-disabling tools distributed to affiliates. Separately, the report notes a growing convergence between commodity infostealer malware and higher-end intrusion tradecraft, with new variants adopting rootkit-style concealment, browser-extension-based credential theft, and off-host decryption to evade detection.

The full report also covers geopolitical developments, including rising China-Taiwan tensions, Belarus’s shifting posture toward Russia, and Ireland’s incoming EU Council presidency, which NCC Group assesses could shape targeting patterns for state-linked threat actors in the second half of the year.

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