March Threat Intelligence Spotlight Report

April 24, 2025

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Each month, our Cyber Threat Intelligence team compiles data from our engagements to determine key industry trends. We look at the initial access methods threat actors are using to gain entry into a network, types of incidents most commonly impacting organizations, which sectors are being more heavily targeted, and which threat groups are most prevalent. 

Our Methodology 

  • Kroll CTI monthly spotlights are based on intelligence from Kroll’s cyber incident response engagements where we are engaged to respond, manage, or mitigate a cybersecurity incident.
  • Kroll’s incident response work is informed by intelligence gained from the 3,000+ engagements handled per year by the Kroll Cyber Risk team. 
  • Data is collected and processed by the Kroll Cyber Threat Intelligence team during the initial scoping intake as well as during the lifecycle of a Kroll engagement. 

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Sector Analysis

  • Email Compromise was the top threat incident type impacting the Professional, Scientific, and Technical services industry.
  • Ransomware was the second most observed threat incident type impacting the industry
  • Email Compromise was the top reported threat incident type impacting the Insurance industry.
  • Ransomware was the top reported threat incident type impacting the Finance and Insurance industry.
  • In March, threats against the Finance and Insurance industry most often involved Phishing: Link and Valid Accounts as the initial access method

Ransomware Analysis

AKIRA was the most common ransomware variant observed by Kroll in March 2025.

  • In March, Professional, Scientific, and Technical services was the top industry targeted by ransomware actors across Kroll engagements
  • Ransomware actors primarily gained initial access through the exploit of public facing applications and external remote services, such as VPN. The most frequently observed VPN was SonicWall.
  • Manufacturing was the top industry for victims posted to ransomware actor-controlled shaming sites and blogs.
  • North America was the top region for victims posted to ransomware actor-controlled shaming sites and blogs.

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