2024 Sophos Threat Report: Ransomware still the biggest threat

2024 Sophos Threat Report: Ransomware still the biggest threat>
The Business Standard
Sophos’s 2024 Threat Report, titled “Cybercrime on Main Street,” highlights the biggest threats facing small- and medium-sized businesses (SMBs)
The report reveals that nearly 50% of malware detections for SMBs in 2023 were keyloggers, spyware, and stealers, which attackers use to steal data and credentials for unauthorized access, extortion, and ransomware deployment
Highlights:
Ransomware remains the biggest cyber threat to SMBs, with LockBit being the top ransomware gang, followed by Akira and BlackCat
Ransomware operators are changing tactics, including leveraging remote encryption (increased by 62% between 2022 and 2023) and targeting managed service providers (MSPs)
Business email compromise (BEC) attacks were the second highest type of attacks handled by Sophos Incident Response (IR) in 2023, with attackers using more sophisticated social engineering techniques
Attackers are experimenting with new formats for malicious content, such as embedding images with malicious code or sending malicious attachments in OneNote or archive formats
In one case investigated by Sophos, attackers sent a PDF document with a blurry, unreadable thumbnail of an “invoice,” with the download button containing a link to a malicious website
The report emphasizes the need for SMBs to remain vigilant and proactive in their cybersecurity measures to protect against these evolving threats.
Link: https://www.tbsnews.net/tech/2024-sophos-threat-report-ransomware-still-biggest-threat-816961?amp


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