According to cybersecurity company SecureWorks’ annual State of the Threat Report, over the last 12 months, attackers have shortened the time between the initial penetration of the corporate network to the ransomware demand itself from 4.5 days to less than one day. This period, known in the cybersecurity industry as ‘dwell time’, offers well-equipped cybercriminals a leisurely opportunity to drain the company of funds and its most sensitive secrets. In 10 percent of cases, ransomware was even deployed within five hours of initial access.
According to the Wall Street Journal, a trio of major cyber companies announced layoffs, further highlighting a slowdown in the sector, which though resilient, is starting to feel the impact of a wider downturn. Rapid 7, a Boston-based company, announced layoffs affecting 400 people, while Atlanta’s Secureworks cut 300, and Dragos let go of 50.
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