The Arctic Wolf Threat Report reveals a trend where cybercriminals are reassessing their strategies to bypass security protocols. They are placing a greater emphasis on Business Email Compromise (BEC) and exploiting known vulnerabilities, with a particular impact in the finance and insurance industries. BEC accounts for a significant portion of incident response cases, while ransomware, despite its prevalence, has shown signs of diminished recoverability. A majority of ransomware incidents analyzed indicate data theft as a primary concern, with incidents involving demands averaging $600,000, stressing the importance of patch management and effective cybersecurity strategies.
Malicious actors are increasingly leveraging data exfiltration in ransomware incidents, with 96% of analyzed cases involving data theft, leading to higher demands.
Business Email Compromise (BEC) is becoming a favored tactic, particularly in finance and insurance, comprising 53% of incident response cases in those sectors.
Collection
[
|
...
]