The Ransomware Trends Report Q1 2024 is a detailed report analyzing cybercrime activities related to ransomware on a global scale. It presents statistics on ransomware attacks categorized by industries, countries, ransomware groups, and company sizes, based on a study of 947 incidents. The report compares data from the first quarter of 2024 with the fourth quarter of 2023, highlighting significant trends and shifts in ransomware activities. Brandefense CTI Analysts tracked 46 active threat groups during this period. The report identifies that 25.9% of ransomware incidents affected the business, professional, and legal services sector, while 18.2% impacted the manufacturing sector. The report also discusses the tactics and techniques employed by various ransomware groups, providing context through notable news stories related to ransomware attacks. This comprehensive analysis aims to equip security leaders with the necessary information to understand current trends and enhance their organizations' defenses against ransomware threats.