IBM X-Force released a report, disclosing that ransomware attacks declined by 11.5% in 2023, compared to 2022.
IBM says the decline in ransomware attacks is largely due to the new cybercrime focus of infostealing tactics which rose by 32%. IBM X-Force’s report gathered data for the report based on 150 billion daily security events from 130 countries last year.
Politically-motivated hacking, known as ‘hacktivism’, is now on the rise across large sections of the globe. Politically motivated groups are increasingly attacking their enemies with primitive but effective distributed denial-of-service (DDoS) attacks, which involve overwhelming the target’s servers with vast volumes of internet traffic.
But, according to cybersecurity firm Cloudflare’s DDoS Threat Report, the organizations being targeted most are environmental agencies pursuing green agendas such as Net Zero. While Cloudflare reported an overall increase of 117 percent in DDoS attacks around Black Friday and the holiday season, DDoS attacks on environmental agencies have soared over sixty-thousand-fold over the same period.
According to an ESET report, the threat landscape of the second half of 2023 was dominated by AI-generated malicious activity and newly emerged Android spyware.
Coming from ESET’s “Threat Report: H2 2023,” based on the firm’s recorded incidents, the report also states that a new economy has arisen from OpenAI API keys, especially for cybercriminals.
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.
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