Ransomware is known to be one of the most potent cyber attacks that affect businesses of all sizes. While corporate networks and government organizations maintain stringent cybersecurity policies to discourage ransomware attacks, the attackers, ransomware gangs, have shifted their focus to small and medium-sized businesses. According to Ransomware Trends 2023, Q2 Report from Cyberint, there has been a significant surge in ransomware incidents in Q2 of 2023, a staggering 67% increase in comparison to Q2 of 2022. Oftentimes cybercriminals work alone and under the radar. However, ransomware gangs are the new way cybercriminals collaborate and continue to increase their profits.