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Ransomware Report February 2026

An In-Depth Analysis of the Latest Ransomware Trends and Threat Landscape

Dive into the constantly shifting world of ransomware, as we uncover the latest tactics, dissect the most prolific actors, and offer insights to keep your organization one step ahead.

Welcome to the February 2026 ransomware update, highlighting the latest trends, threat actors, and significant developments shaping the ransomware landscape. The Black Kite Research Group tracked 750 ransomware victim listings this month.

Black Kite recorded 750 ransomware victim listings in February 2026, up 33 (4.6%) from January. The main development was The Gentlemen's rise to second place, while Clop's listings fell back after its January increase.

Geographic Distribution

The United States accounted for 370 victims, or 49.3% of the month's listings, compared with 45.3% in January. The next most represented countries were Canada (33), Italy (23) and France (22).

Threat Actor Activity

Qilin remained the most active group with 129 victims (17.2%), up from 117 in January. The Gentlemen (90) and Akira (48) were the next most active groups.

Seven newly observed threat actors appeared in February: Insomnia (27), Payload (8), CipherForce (6), Linkc (3), The Green Blood Group (2), KittyKatKrew (1) and Reynolds (1).

Industry Impact

Manufacturing was again the most affected industry with 164 victims (21.9%), compared with 167 (23.3%) in January. Professional, Scientific, and Technical Services (149, 19.9%) and Construction (54, 7.2%) followed.

The Black Kite Research Group continues to monitor ransomware activity each month to provide organizations with insight into the shifting threat landscape and help prepare defenses against the evolving tactics of cybercriminal groups.

Total victims (ransomware victim listings)
750
Month-over-month change (+33 vs January 2026 (717))
+4.6%
Active threat actors (named groups with at least one listing)
53
Countries affected (countries with at least one victim)
71
Leading threat actor (129 victims · 17.2%)
Qilin
Leading country (370 victims · 49.3%)
United States of America
Leading industry (164 victims · 21.9%)
Manufacturing
Newly observed threat actors (first observed in our dataset this month)
7

01Threat Actor Distribution

  • The Gentlemen doubled from 45 to 90 listings and ranked second behind Qilin (129).
  • Clop fell from 90 to 35 listings and Sinobi from 57 to 17.
  • Insomnia was first observed in our dataset with 27 listings, and DragonForce rose from 9 to 36.

02Geographic Distribution

  • US victims rose from 325 to 370; Qilin accounted for 72 of them, more than twice any other group.
  • Most of The Gentlemen's listings were outside the United States; Thailand was its largest country with 11 of Thailand's 17 victims.
  • Victims were recorded in 71 countries, up from 60, while the United Kingdom fell back from 45 to 18.

03Industry Distribution

  • Health Care and Social Assistance rose from 34 to 50 victims; Qilin (10) and Insomnia (8) listed the most.
  • Administrative and Support and Waste Management and Remediation Services nearly doubled from 16 to 31 victims.
  • Qilin listed more victims in Professional, Scientific, and Technical Services (25) than in Manufacturing (23).

04Threat Actor × Country Matrix

The matrix below shows how leading ransomware groups distributed their activity geographically.

Qilin
The Gentlemen
Akira
INC Ransom
Play
DragonForce
Clop
Lockbit 5.0
NightSpire
Insomnia
Others
USA
72
7
32
19
35
21
23
10
9
23
119
Canada
3
1
4
3
4
2
3
2
11
Italy
3
2
3
1
1
1
1
3
8
France
4
4
1
1
2
2
8
Brazil
6
1
4
2
1
6
Germany
6
1
2
1
1
2
7
UK
4
2
2
2
2
6
Thailand
1
11
1
1
1
2
India
3
1
1
2
1
2
6
Japan
2
2
2
1
5
Others
34
51
4
11
1
7
1
17
7
3
63
Grand Total
129
90
48
41
41
36
35
34
28
27
241
  • Qilin listed the most victims in the United States (72 of 370 victims).
  • Akira listed the most victims in Canada (4 of 33 victims).

05Threat Actor × Industry Matrix

This view highlights sector specialization across leading ransomware groups.

Qilin
The Gentlemen
Akira
INC Ransom
Play
DragonForce
Clop
Lockbit 5.0
NightSpire
Insomnia
Others
Manufacturing
23
21
16
11
7
9
3
6
9
4
55
Professional, Scientific, and Technical Services
25
15
11
10
8
6
13
4
5
4
48
Construction
6
7
5
3
8
6
4
1
3
1
10
Health Care and Social Assistance
10
3
1
1
4
2
8
21
Wholesale Trade
17
1
3
1
5
2
2
1
2
10
Information
2
4
3
2
3
1
22
Transportation and Warehousing
3
6
3
3
3
3
4
1
1
5
Administrative and Support and Waste Management and Remediation Services
7
2
3
3
1
4
1
3
7
Retail Trade
7
6
3
2
1
3
1
1
7
Finance and Insurance
5
3
1
1
3
4
1
1
9
Others
24
22
3
6
6
3
6
8
3
2
47
Grand Total
129
90
48
41
41
36
35
34
28
27
241
  • Qilin listed the most victims in Manufacturing (23 of 164 victims).
  • Qilin listed the most victims in Professional, Scientific, and Technical Services (25 of 149 victims).

06Six Month Trend Context

Since October's jump, monthly listings have stayed between 717 and 813 without a sustained direction; February's 750 sits in the lower half of that range.

07Security Findings

  1. Misconfiguration69.0%

    MX and DNS misconfiguration that may enable spoofing or phishing

    493 of 715
  2. Fraudulent Domains55.7%

    At least one possible phishing domain

    398 of 715
  3. Critical Exposed Network Services52.4%

    Open RDP or SMB ports publicly visible

    375 of 715
  4. Software Vulnerability46.0%

    Out-of-date services/products with potentially highly exploitable vulnerabilities

    329 of 715
  5. Stealer Logs41.0%

    At least one record found in stealer logs

    293 of 715
  6. Credential Stuffing14.8%

    At least one credential leaked in the last 90 days

    106 of 715
  7. Botnet Activity4.5%

    At least one IP address involved in botnet, malware propagation or spam propagation

    32 of 715

Misconfiguration (69.0%) and Fraudulent Domains (55.7%) were the most common findings among scanned victims, and Botnet Activity the least common (4.5%). Scans can take place after the disclosure date, so these figures describe exposure at the time of the scan.

08Key Takeaways

  • The Gentlemen doubled its listings to 90 and ranked second for the first time.
  • Clop's listings fell from 90 to 35, one month after its January increase.
  • Health Care and Social Assistance rose from 34 to 50 victims, with Qilin and Insomnia listing the most.

09Data Methodology and Sources

  • The Black Kite Research Group monitors ransomware leak sites and supporting threat intelligence sources to track publicly disclosed victims.
  • Victims are categorized by headquarters country and industry using NAICS classifications.
  • Repeated listings of the same victim by the same threat actor are counted once, while disclosures by different actors are recorded separately.
  • Since not all ransomware incidents become public, the figures reflect observed disclosures rather than the full extent of ransomware activity.

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