Cybersecurity Market Watch

Europe Becomes Ransomware's Favorite Region

Europe Becomes Ransomware's Favorite Region

Key Questions

How much has ransomware activity increased in Europe recently?

Europe saw a 55% surge in ransomware attacks in early 2026 compared to 2025, driven by US market oversaturation and AI-assisted targeting.

Which European country is the top ransomware target?

Germany remains the leading target, experiencing nearly double the growth rate of France, with attacks focused on public administration and healthcare sectors.

What supply chain risks are contributing to the ransomware surge?

Manufacturing and digital services sectors are major drivers of supply chain vulnerabilities that ransomware groups are exploiting across Europe.

What is the example of The Gentleman ransomware group?

The Gentleman group targeted Indra Group, a NATO contractor, using double extortion tactics, stealing sensitive data, and imposing a 9-day payment deadline.

Why does this highlight investment opportunities in European cybersecurity?

The rising attacks reinforce the need for third-party risk management (TPRM) vendors and increased cybersecurity spending by European organizations.

Europe saw a 55% attack surge in early 2026 vs 2025, driven by US oversaturation and AI-assisted targeting. Germany remains top target with nearly double France's growth, hitting public admin and healthcare. Supply chain risk via manufacturing and digital services is a major driver. New example: 'The Gentleman' ransomware group hit Indra Group (NATO contractor) with double extortion, sensitive data theft, 9-day deadline. Reinforces investment thesis in TPRM vendors and European cybersecurity spending.

Sources (3)
Updated Jul 2, 2026