Check Point Q1 2026 Ransomware Report: Attacks Decline, But Impact Rises

Ransomware activity remained elevated in Q1 2026, continuing the trend established over the past year.

According to the State of Ransomware Q1 2026 report from Check Point Research, overall attack volume stayed near historic highs. At the same time, the structure of the ransomware ecosystem changed materially. After two years of increasing fragmentation, activity is consolidating around a smaller number of dominant groups. For organisations, this shift reduces the number of active actors but increases the potential impact of individual incidents.

Key Findings of the Check Point Research Report

The following are among the key findings of the latest Check Point Research report:

• 2,122 organisations were listed on ransomware data leak sites in Q1 2026, making it the second-highest Q1 on record.
• The top 10 ransomware groups accounted for 71% of all victims, reversing the fragmented landscape seen throughout much of 2025.
• Qilin remained the most active ransomware operation for the third consecutive quarter, posting 338 victims.
• The Gentlemen emerged as the breakout group, increasing activity from 40 victims in Q4 2025 to 166 in Q1 2026.
• LockBit confirmed its comeback, posting 163 victims and re-entering the global top tier.

Taken together, these figures show that ransomware volume has stabilised at a high baseline, while operational power is concentrating in fewer, more capable hands.

High Volume Is the New Normal

Check Point Research tracked more than 70 active ransomware data leak sites during Q1 2026. These sites recorded:

• More than 700 victims per month on average
• Minimal fluctuation between January, February, and March

At first glance, year-over-year (YoY) numbers suggest a modest decline compared to Q1 2025. However, that comparison is misleading. Last year’s figures were inflated by a single mass-exploitation campaign. When that anomaly is removed, ransomware activity actually increases YoY.

The takeaway for business leaders is straightforward. Ransomware is no longer driven by short-term spikes alone. Instead, activity has settled into a persistently high operating level with consistent growth, creating a risk environment organisations must plan for.

From Fragmentation to Consolidation

The most important change this quarter is not how many attacks occurred, but who carried them out.

• In Q3 2025, ransomware activity was spread across a record number of groups
• By Q1 2026, the number of active groups had declined
• At the same time, the share of victims claimed by top operators surged past 70%

This pattern is familiar. Law enforcement pressure, infrastructure disruption, and the competitive landscape tend to scatter smaller players. Stronger groups survive, absorb displaced affiliates, and grow. In Q1 2026, groups such as Qilin, Akira, The Gentlemen, and LockBit together accounted for 41% of all victims, with the top 10 ransomware groups accounting for 71% of all victims.

For defenders, consolidation raises the stakes. Larger ransomware operations tend to be:

• More organised
• More operationally consistent
• More resilient to disruption

The Breakout Story: The Gentlemen

One of the most notable increases in activity during Q1 2026 was attributed to The Gentlemen, a ransomware group that reached third place globally within a few months of initial activity.

Their growth was fuelled by pre-positioned access at scale. Rather than relying on slow, opportunistic exploitation, the group operated with a large inventory of compromised network entry points, allowing it to launch attacks immediately and in volume.

Their targeting pattern also stands out:

• Only 13% of publicly extorted victims were based in the United States, compared to an ecosystem average of 49.6%
• Activity clustered in APAC and Latin America, mirroring the geographic distribution of compromised access points instead of a shift in the broader threat landscape

This disparity does not indicate deliberate avoidance of US targets but rather reflects where the group already had established access. Increasingly, in some cases, attackers go where access is available, not necessarily where victims are most lucrative.

LockBit’s Return, With a Strategic Shift

LockBit’s reappearance in Q1 2026 confirms that the group has recovered operationally after significant law enforcement disruption in 2024.

While overall activity more than doubled compared to the previous quarter, the most notable change was geographic. Historically focused on the United States, LockBit’s recent victims were spread more evenly across Europe, Latin America, and other regions.

The shift suggests a deliberate effort to reduce exposure to aggressive enforcement jurisdictions while maintaining scale. For global organisations, this reinforces a critical point—geographic diversification by attackers expands risk; it does not reduce it.

Geographic and Industry Distribution: How Access Shapes Impact

Ransomware activity in Q1 2026 shows that both industry and geographic impact are also shaped, in some cases, by where attackers already have access.

Industries with high downtime sensitivity and complex environments continued to experience frequent attacks, including:

• Manufacturing
• Business services
• Healthcare
• Industrial sectors

In many cases, victims appeared in sectors where exploitable infrastructure, exposed VPNs, or pre-positioned access already existed, rather than where attackers expressed a clear industry preference.

The same access-driven pattern was visible geographically:

• The United States accounted for nearly half of all reported victims (49.6%), consistent with its large enterprise footprint, with Western developed economies making up the clear majority of targets.
• Thailand accounted for 10.8% of victims tied to a single dominant ransomware group (The Gentlemen), pushing it into the top-targeted countries for the first time.
• Play concentrated 85.1% of its activity on US-based organisations, demonstrating how individual groups can heavily focus on a certain country.

Taken together, these trends show that ransomware risk is less about sector or location in isolation and more about the underlying exposure created by deployed technology, connectivity, and available access paths.

What This Means for Organisations

Ransomware in 2026 is defined by concentration, not volume. Fewer groups now drive the majority of attacks, and these operators are more capable, better resourced, and harder to disrupt.

For organisations, this changes the risk equation:

• Fewer incidents may occur, but each carries greater potential impact
• Attacks are more repeatable and access-driven
• Prevention and containment matter more than reaction alone