Articles Tagged: cybercrime trends

Showing 2 of 2 articles tagged with "cybercrime trends"

Advertisement

The Hacker News on in hacking

Discussion Points

  1. r.
  2. The information provides valuable insights for those interested in AI.
  3. Understanding AI requires attention to the details presented in this content.

Summary

The global ransomware attack landscape has become increasingly complex in 2024. Following a slow start, attacks surged in Q2 and Q4, with a notable spike in incidents during the latter quarter.

This sharp increase can be attributed to law enforcement actions against major groups like LockBit, which have led to fragmentation and an uptick in competition among smaller gangs. The result is a 40% rise in active ransomware groups, from 68 in 2023 to 95 this year.The surge in attacks has also seen a significant jump in the number of incidents reported, with 5,414 cases recorded globally in 2024.This increase highlights the need for collective efforts to combat ransomware and protect against these types of threats.

In 2024, global ransomware attacks hit 5,414, an 11% increase from 2023.  After a slow start, attacks spiked in Q2 and surged in Q4, with 1,827 incidents (33% of the year's total). Law enforceme...

Read Full Article »

Krebs on Security on in hacking

Discussion Points

  1. r.
  2. The information provides valuable insights for those interested in research.
  3. Understanding research requires attention to the details presented in this content.

Summary

The use of major US cloud providers by Chinese and Russian cybercriminals has become increasingly sophisticated. Researchers have uncovered a network called "Funnull" linked to organized crime gangs in China, which uses US cloud services to host malicious traffic.This phenomenon poses significant challenges for cloud services, making it difficult for them to detect and block malicious activity.

The use of legitimate cloud providers as a front for illicit activities can lead to a cat-and-mouse game, where cybercriminals constantly adapt and evolve their tactics.The implications of this trend are far-reaching, affecting not only individual users but also the global cybersecurity landscape. As such, it requires a collective effort from governments, cloud providers, and international organizations to address the root causes of this issue and develop effective countermeasures.

In an effort to blend in and make their malicious traffic tougher to block, hosting firms catering to cybercriminals in China and Russia increasingly are funneling their operations through major U.S. ...

Read Full Article »