Cybercriminals are getting more devious than ever

Date:
Mon, 21 Feb 2022 21:44:55 +0000

Description:
It's high time for businesses to adopt zero-trust, new report from BlackBerry suggests.

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Cybercriminals are getting more devious than ever, a new report from BlackBerry argues, claiming that theyre optimizing their infrastructure, sharing resources, and creatively taking advantage of the transition to
cloud, to steal identities and wreak ultimate havoc among small and medium-sized businesses.

Criminals are working out how to target us better. The infrastructure of the cyber underground has evolved so they can deliver more timely and
personalized deceptions to the public, said Eric Milam, Vice President of Research and Intelligence, BlackBerry.

This infrastructure has also incubated a criminal shared economy, with threat groups sharing and outsourcing malware allowing for attacks to happen at scale. In fact, some of the biggest cyber incidents of 2021 look to have been the result of this outsourcing. Teamwork makes the ransomware work

According to the report, small businesses continue being an epicenter for cybercriminal focus. Today, SMBs are looking at more than 11 cyberthreats per endpoint each day, a figure which will most likely only grow, in the future, as cybercriminals adopt collaborative mindsets.

In fact, one of the biggest attacks to happen in 2021 shows just how collaborative they can be. In multiple incidents, BlackBerry found threat actors leaving behind playbook text files, with IP addresses and other information. The company surmised that ransomware builders and ransomware operators often arent the same people. TechRadar needs you!

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Furthermore, threat actors are taking advantage of the digital
transformation, and the ease of use provided by cloud computing, to
distribute malware. The majority the payloads hosted on public clouds are highly malleable, BlackBerry states, meaning they can be cheaply customized. Read more

SMBs are more worried about cybersecurity now than they were pre-pandemic

SMB employees are taking risks on unsecure devices

Most businesses now have a ransomware payout policy

This trend was especially prevalent in North America, where local hosting of vicious payloads including Cobalt Strike surged, it says.

To keep up with the times and ensure the general safety of their operations, businesses are advised to adopt the zero-trust strategy, BlackBerry
concludes. The Biden Administration recently rolled out its Zero Trust strategy, and widely adopting the new approach to security is imperative across all sectors, BlackBerry added. Check out our list of the best
firewalls right now



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Link to news story: https://www.techradar.com/news/cybercriminals-are-getting-more-devious-than-ev er/


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