Report by Bitsight

2025 State of the Underground

6 FINDINGSPublished May 7, 2025
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Key Findings

There was a 43% increase in data breach data shared on underground forums in 2024.

Bitsight2025 State of the Underground·May 7, 2025
Data breachSensitive informationUnderground forumsDark web

14.5 million compromised credit cards listed on underground markets in 2024. This represents a 20% increase over 2023

Bitsight2025 State of the Underground·May 7, 2025
Credit cards

There was a 25% increase in ransomware attacks in 2024.

Bitsight2025 State of the Underground·May 7, 2025
Ransomware

There was a 53% increase in the number of ransomware group leak sites in 2024.

Bitsight2025 State of the Underground·May 7, 2025
Ransomware Leak site

Nearly 20% of data breach victims were U.S. organizations.

Bitsight2025 State of the Underground·May 7, 2025
Data breachUS

2.9 billion unique sets of compromised credentials identified in 2024. This is an increase from 2.2 billion in 2023.

Bitsight2025 State of the Underground·May 7, 2025
Credentials