Cybersecurity

Clorox, Boeing, MGM and More: Why Big Hacks Have Surged in 2023

  • ‘Activity is at an all-time high,’ Palo Alto Networks CEO says
  • Safe havens for hackers hinder efforts to curb cybercrime

Photographer: Chainarong Prasertthai/iStockphoto/Getty Images

Widely disruptive, large-scale hacks are surging.

After a lull in 2022, ransomware attacks on high-value targets such as big companies, banks, hospitals or government agencies have seen a “massive uptick” this year, rising 51% through late November, according to cybersecurity firm Crowdstrike Holdings Inc. Last year, such attacks declined from the year before, the company said.