Horrified, BlackCat Ransomware Group Claims to Steal Health Data at 70,000 Pharmacies!

On the other hand, CrowdStrike just announced a report on cybersecurity trends in 2024, showing a significant spike.

In the findings of the CrowdStrike 2024 Global Threat Report, the company highlighted a significant spike in the speed and sophistication of cyber attacks.

Not only that, now more and more hackers or cybercriminals are focusing on exploiting cloud infrastructure and stolen identity data.

Quoting the report CrowdStrikeWednesday (28/2/2024), the average hacking time dropped drastically from 84 minutes to 62 minutes, with the fastest hacking case being only 2 minutes 7 seconds.

“2023 represents an unprecedented new modus operandi, targeting multiple sectors across the globe,” said Adam Meyers, Head of Counter Adversary Operations, CrowdStrike.

Cybercriminals' capabilities in the cloud and identity data space continue to expand, and they are experimenting with new technologies such as generative AI to increase the effectiveness and speed of attacks.

There has also been an increase in “hands-on-keyboard” cyber attacks, which now reach 60 percent with misuse of stolen identity data.

Since more and more companies are adopting work from anywhere (WFA) and relying on the cloud, it is natural that hackers target cloud services.

Evidently, cloud attacks have increased by 75 percent with “cloud-conscious” cases soaring to 110 percent.

The potential for misuse of generative AI is also increasingly widespread, with the aim of weakening defenses and launching sophisticated attacks.

With the elections taking place in Indonesia and the United States this year, many criminals have made this their main target to spread misinformation and disinformation.