Report by CyberCube

2% of Large Firms at Highest Scattered Spider Risk

14 FINDINGSPublished Jul 4, 2025
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Key Findings

In 2023, two hospitality companies attacked by Scattered Spider.

Scattered SpiderHospitality

11 of the 21 incidents attributed to Scattered Spider over 36 months occurred in the short window between April and early July 2025, indicating a steep rise in activity in 2025.

Scattered Spider

In 2022, four technology companies attacked by Scattered Spider.

Scattered SpiderTechnology

In 2025 (through 7/2/2025), four retail, four insurance, and three aviation firms attacked by Scattered Spider.

Scattered SpiderRetailInsuranceAviation

91% of companies analyzed by CyberCube are currently classified as "low risk" for Scattered Spider attacks.

Scattered Spider

In 2023, MGM absorbed approximately $100 million in losses due to Scattered Spider.

Scattered Spider

2% of large firms are at the highest risk from Scattered Spider. This equates to 287 companies in the analysed portfolio. These companies use three or more technologies frequently targeted by Scattered Spider and have security lapses the group exploits.

Scattered Spider

Total financial losses for Scattered Spider victims have ranged from tens to hundreds of millions of dollars.

Scattered Spider

In 2023, Caesars reportedly paid a $15 million ransom to Scattered Spider.

Scattered Spider

There was a reported lull in activity in 2024 for Scattered Spider.

Scattered Spider

7% of companies, or 1,037 firms, use at least one of the group’s preferred technologies and exhibit security weaknesses that could enable partial attack progression.

Scattered Spider

In May 2025, UK retailers Marks & Spencer and Co-op faced combined damages estimated at up to $592 million due to Scattered Spider.

Scattered Spider

Among highest-risk companies of Scattered Spider attacks, seven aviation firms were identified, including Hawaiian Airlines, which was a recent victim.

Scattered SpiderAviation

Over 36 months, 21 major publicly disclosed cyber incidents have been attributed to Scattered Spider.

Scattered Spider