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Qilin Dominates Ransomware Market Amid Growing Cybercrime Consolidation

The ransomware ecosystem is moving from fragmentation back to consolidation, with Qilin emerging as the dominant ransomware-as-a-service (RaaS) operation after the disruption of major groups including LockBit and RansomHub. Yet despite Qilin's strong position, the rapid emergence of other groups, such as The Gentlemen, demonstrates how quickly the cybercrime landscape continues to evolve. Lotem Finkelstein, VP research at Check Point, highlighted that based on the cybersecurity firm’s research in their 2026 Cyber Security Report, Qilin now holds around 16% of the cybercriminal market share. Qilin has been active since at least October 2022 and today operates a technically mature infrastructure. Speaking to Infosecurity Finkelstein said, "Over the last few months, what we have observed is…

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Source
infosecurity-magazine.com
Published
Jul 3, 2026
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language: en
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