Jun 23, 2023Cybercriminals have always been quick to exploit evolving technologies, and as cybercrime evolves, so should your security strategy.
The efforts to cut down cybercrimes is approaching hopeless proportions, with a 15% annual growth rate. At that rate, these clever cybercrooks are even bound to increase their bounties by around $10.5 trillion by 2025.
Botnets and Automated Malware Deployment Tools Are Becoming More Sophisticated.
As the Internet of Things expands, so do the opportunities for attackers.
More and more devices are connected to the internet, providing new entry points for malicious actors.
And as these devices become increasingly sophisticated, so do the tools and techniques used by attackers.
Over the last few years, there has been an increase in the use of bo.
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Collaboration Between State-Sponsored Actors and Cybercriminals Is on The Rise.
Increased collaboration between nation-state threat actors and cybercriminals is a dangerous trend with far-reaching implications.
On the one hand, nation-states have access to a wealth of resources and talent that criminals can use to carry out sophisticated cyberattacks.
On the other hand, cybercriminals are motivated by profit, not politics, and.
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Cyberattacks Are on The Rise and Becoming More expensive.
According to some estimations, nearly two-thirds of companies say they have been the victim of a cyberattack in the past year.
The economic impact of these attacks is significant, costingthe global economy about $445 billion every year, and it will only get worse.
This trend has highlighted the need for companies to protect data and ensure business.
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Cybercriminals Are Becoming More Collaborative and Specialized.
These days, almost all cybercrime is carried out by organized groups.
The solo hacker is essentially a thing of the past.
Even script kiddies operate in small groups.
The largest and most sophisticated attacks require the skills of dozens or even hundreds of attackers.
The most prolific cybercriminals have become segmented by expertise and collabor.
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How can we fight cybercrime?
Cybercrime statistics indicate the problem has increased significantly during the COVID-19 pandemic.
Breaking down barriers and working collaboratively are crucial in fighting cybercrime.
The World Economic Forum’s Partnership Against Cybercrime is a group of organisations focused on tackling the problem on a global scale.
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How much will Cybercrime cost US in 2024?
By 2024, the collective cost of data breaches will reach $5 trillion, according to a study by Juniper Research.
This is just one indication of how the future of cybercrime will impact us.
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Is cybercrime a global threat?
Cybercrime is high on the agenda of nation states, corporations and international organizations everywhere.
As the forthcoming 2023 Global Risk Report will show, deepening geopolitical tensions have increased the prevalence of so-called advanced persistent threats (APTs), which are becoming as sophisticated as they are pervasive.
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Organizations of All Sizes Are in Danger—Especially SMBs.
Malicious actors aren’t just targeting large corporations, which is often what we see make the news.
They’re targeting SMBs (small-medium businesses) as well, which they may deem an easier target because SMBs often don’t have robust tools for threat detection and to guard against attacks.
In 2021, 60% of SMBswere victims of at least one cyberattack.
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What trends are shaping the future of cybercrime threat intelligence?
In this article, we’ll look at five trends shaping the future of cybercrime threat intelligence and how organizations can protect themselves.
We’ll also discuss how these trends are impacting the way businesses need to protect themselves against attacks. 1.
Cyberattacks are on the rise and becoming more expensive.
