Intelligent CIO Europe Issue 12 | Page 27

//////////////////////////////////////////////////////////////////////////////////// TRENDING REPORT FINDS MAJORITY OF CYBERCRIME DAMAGE IS CAUSED BY A FEW POWERFUL THREAT GROUPS Cybercrime remains an extremely prevalent issue for IT enterprises which comes down to the lucrative nature of the industry. A recent report conducted by Secureworks highlights the security challenges enterprises face and the trends relating to threat activity. S ecureworks, a leading global cybersecurity company that protects organisations in the digitally connected world, has released the findings of its State of Cybercrime Report 2018 to illuminate the cybercrime trends and events that shaped the year. From July 2017 through to June 2018, Secureworks Counter Threat Unit (CTU) researchers analysed incident response outcomes and conducted original research to gain insight into threat activity and behaviour across 4,400 companies. www.intelligentcio.com Among the findings was evidence that a small subset of professional criminal actors is responsible for the bulk of cybercrime-related damage, employing tools and techniques as sophisticated, targeted and insidious as most nation-state actors. These sophisticated and capable criminal gangs operate largely outside of the dark web, although they may leverage low-level criminal tools occasionally when it serves their purposes. At the same time, there has been no lull in the overall volume of threats and low-level cybercriminal activity remains a robust market economy, often taking place in view “ A SMALL SUBSET OF PROFESSIONAL CRIMINAL ACTORS IS RESPONSIBLE FOR THE BULK OF CYBERCRIME- RELATED DAMAGE. INTELLIGENTCIO 27