FEATURE : RANSOMWARE
Surge in cybercrime puts industry on back foot
Ransomware incidents are on the rise and thus fuelling the ongoing ransomware pandemic that industry leaders are trying to grapple with . Check Point ’ s 2023 Mid-Year Security Report has revealed that 48 ransomware groups have breached over 2,200 victims , While JUMPSEC ’ s research supports this by revealing that in the first half of 2023 , UK ransomware attacks rose by 87 % and by 37 % globally .
Check Point Research ( CPR ), the Threat Intelligence arm of Check Point Software Technologies , a leading provider of cybersecurity solutions globally , has unveiled its 2023 Mid-Year Security Report . The report uncovers an unsettling 8 % surge in global weekly cyberattacks in the second quarter , the most significant increase in two years , highlighting how attackers have cunningly combined next-gen AI technologies with long-established tools like USB devices to conduct disruptive cyberattacks . The report also showcases how ransomware attacks have escalated in the first half of the year with new ransomware groups coming onto the scene .
From the triple extortion attack on the University of Manchester to the rise of new group , Anonymous Sudan , targeting western organisations , the 2023 Mid-Year Security Report uncovers the trends and behaviours that have defined the year so far .
Key insights from the report include :
• Ransomware groups have stepped up their game , exploiting vulnerabilities in commonly used corporate software and shifting their approach from data encryption to data theft .
• USB Devices have resurfaced as significant threats , with both state-affiliated groups and cybercriminals
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