Furthermore, ransomware-as-a-Service (RaaS) model seems to be thriving. This model allows less technical criminals to rent access to pre-built ransomware tools and infrastructure, further democratising cybercrime and contributing to the surge in attacks. Experts warn that the ransomware threat will continue in 2024. Governments and organizations are urged to prioritize cybersecurity measures, including data backups, employee training, and robust security protocols.