Ransomware's Future is Still Pointing Up and to the Right :(
Our Take
Many were hopeful that 2022’s payment decline would be a trend, but ransonmware certainly made a comeback in 2023. As these articles describe, there are many reasons why. From our perspective, their evolving tactics and the rise of RaaS underscores the importance of a comprehensive strategy that sprinkles in prevention, visibility, and resiliency.
Ransomware Payments Exceed $1 Billion in 2023, Hitting Record High After 2022 Decline
https://www.chainalysis.com/blog/ransomware-2024/
The ransomware business is booming, even as enforcers shut down some major player
https://www.theverge.com/2024/2/5/24059486/ransomware-victims-palo-alto-networks-unit-42
This is our CINS Army Brief for February 2024, curating the most interesting cyber news from the previous month. Learn more and subscribe here.
- Cyberattacks on hospitals are likely to increase, putting lives at risk, experts warn
https://apnews.com/article/cyberattacks-hospital-lurie-childrens-ransom-eb6f9528198b4e3c2a5e82f74c4cb7e9 - Cybercriminals have Small Town, USA, in their crosshairs: How to fight back
https://thehill.com/opinion/cybersecurity/4468537-cybercriminals-have-small-town-usa-in-their-crosshairs-how-to-fight-back - Converging State Privacy Laws and the Emerging AI Challenge
https://www.darkreading.com/cyber-risk/converging-state-privacy-laws-emerging-ai-challenge - DOE announces $45 million investment for cybersecurity research
https://cyberscoop.com/energy-department-funding-research-cybersecurity - Security Leaders And C-Suite Disconnect: Solving The Zero-Trust Strategy Gap
https://www.forbes.com/sites/forbestechcouncil/2024/02/27/security-leaders-and-c-suite-disconnect-solving-the-zero-trust-strategy-gap/?sh=503667c725b5 - “Ruthlessly prioritize what’s critical”: Check Point expert on CISOs and the evolving attack surface
https://www.itpro.com/security/ruthlessly-prioritize-whats-critical-check-point-expert-on-cisos-and-the-evolving-attack-surface - Insurers Use Claims Data to Recommend Cybersecurity Technologies
https://www.darkreading.com/cyber-risk/insurers-claims-data-recommend-cybersecurity-technologies - Ransomware Groups Gain Clout With False Attack Claims
https://www.darkreading.com/threat-intelligence/ransomware-groups-gain-clout-fake-attack-claims - SMBs at Risk From SendGrid-Focused Phishing Tactics
https://www.infosecurity-magazine.com/news/smbs-risk-innovative-phishing - Hackers using stolen credentials to launch attacks as info-stealing peaks
https://www.csoonline.com/article/1308864/hackers-using-stolen-credentials-to-launch-attacks-as-info-stealing-peaks.html - Telecom bears brunt of 2023 DDoS surge, attacks increase 16% globally
https://fiercetelecom.com/telecom/telecom-bears-brunt-2023-ddos-surge-16-worldwide - Health care data breaches hit 1 in 3 Americans last year: Is your data vulnerable?
https://www.usatoday.com/story/news/health/2024/02/18/health-data-breaches-hit-new-record-2023/72507651007 - Manufacturing bears the brunt of industrial ransomware
https://cyberscoop.com/dragos-manufacturing-industrial-ransomware - US’s ransomware, cybercrime crackdown to persist, official says
https://www.scmagazine.com/brief/uss-ransomware-cybercrime-crackdown-to-persist-official-says - Microsoft and OpenAI say hackers are using ChatGPT to improve cyberattacks
https://www.theverge.com/2024/2/14/24072706/microsoft-openai-cyberattack-tools-ai-chatgpt - It’s Time to Rethink Third-Party Risk Assessment
https://www.darkreading.com/cyber-risk/it-s-time-to-rethink-third-party-risk-assessment- - Hunter-killer malware volumes seen surging
https://www.computerweekly.com/news/366569897/Hunter-killer-malware-volumes-seen-surging - Choosing the right partner when outsourcing cybersecurity
https://www.helpnetsecurity.com/2024/02/08/anya-shpilman-wdigital-outsourcing-cybersecurity - “All About the Basics”: Cyber Hygiene in the Digital Age
https://healthsystemcio.com/2024/01/31/all-about-the-basics-cyber-hygiene-in-the-digital-age - Why Gen Z Is the New Force Reshaping OT Security
https://www.darkreading.com/ics-ot-security/why-genz-new-force-reshaping-ot-security - States slowly embrace ‘whole-of-state’ cybersecurity approach
https://www.route-fifty.com/cybersecurity/2024/01/states-slowly-embrace-whole-state-cybersecurity-approach/393734