pwshub.com

Cyberthreat report from Critical Start shows significant uptick in ransomware and data leaks

A new report out today from managed detection and response company Critical Start Inc. reveals a significant uptick in cyberattacks across multiple industries, with healthcare and manufacturing emerging as primary targets in the first half of 2024.

The biannual Critical Start Cyber Intelligence Report features the top threats observed in the first of 2024 and emerging cybersecurity trends impacting the manufacturing, healthcare, technology, professional services, engineering and construction industries. Through the first half of the year, the Critical Start Cyber Research Unit analyzed 3,438 high and critical alerts generated by 20 supported endpoint detection and response solutions, as well as 4,602 reports detailing ransomware and database leaks across 24 industries in 126 countries.

The report found that manufacturing and industrial products remained the top target industry by threat acts in the first half of 2024, with 377 confirmed reports of ransomware and database leaks. Healthcare and life sciences were also heavily targeted, with database leaks and ransomware surging by 180% in February compared to the same time in the previous year.

Professional services saw an increase in reported database leaks and ransomware attacks, up 15% in the first half of the year, coming in at 351 cases versus 334 in the first half of 2023. Legal service organizations, including courthouses and supply chains, are also noted to have become prime targets due to the wealth of intellectual property and sensitive data they possess.

Engineering and construction industries were also increasingly targeted, with companies in the sector in the U.S. seeing a 46% increase in the first half of 2024. Bucking the trend, technology companies surprisingly saw nearly a 13% decrease in database leaks and ransomware attacks compared to the first half of 2023.

The report also highlights emerging threats, including a shift of business email compromise attacks from large corporations to smaller, less secure businesses. The report also reveals a 3,000% surge in deepfake fraud attempts and increasing misuse of open-source repositories for repo confusion and supply chain attacks.

“The first half of 2024 has painted a concerning picture of the ransomware threat landscape,” said Callie Guenther, senior manager of cyberthreat research at Critical Start. “With bad actors becoming more sophisticated, it is vital for organizations to have a strong security culture and strategy in place. MDR solutions that integrate asset inventory, endpoint controls security coverage and MITRE ATT&CK mitigations help organizations proactively mitigate risk, leading to a reduced attack surface and a more resilient security infrastructure.”

Source: siliconangle.com

Related stories
1 month ago - Data relating to customers of Toyota Motor Co. has been shared online in yet another case involving the Japanese car maker and a data breach, but Toyota is claiming that the data came from a third-party supplier and that it was not...
3 weeks ago - A new report out today from business risk intelligence startup Flashpoint has found that new vulnerabilities that were discovered rose, though not by a lot, in the first half of this year and that cybercriminals are increasingly using...
1 day ago - A new report out today from Imperva Inc., a Thales company, is warning that vulnerable application programming interface and bot attacks are costing businesses up to $186 billion annually as incidents have risen sharply in recent years....
1 month ago - At the start of July, CrowdStrike (NASDAQ: CRWD) investors were a happy bunch. The stock was up over 50% for the year and doing incredibly...
11 hours ago - Cybersecurity validation startup Picus Security Inc. is highlighting the need for organizations to adopt more proactive security measures after closing on a $45 million round of funding today. The Series C round was led by a new investor,...
Other stories
25 minutes ago - Shares of Truth Social’s parent company fell Thursday, extending the latest round of declines for Trump Media & Technology Group.
58 minutes ago - European Union officials are taking new steps to ensure that Apple Inc. complies with the bloc’s DMA tech industry regulation. The European Commission, the EU’s executive arm, announced the initiative today. The DMA is a piece of...
58 minutes ago - Shares in automotive chip maker Mobileye Global Inc. jumped nearly 15% today after its majority shareholder, Intel Corp., said that it has no plans to divest its interest in the company. Reports earlier this month suggested that Intel...
58 minutes ago - Cybersecurity risk management is becoming more critical than ever as industries adapt to an increasingly digital landscape. The rapid growth of artificial intelligence, combined with complex cyber threats, is pushing companies to rethink...
1 hour ago - Nike named a new CEO as Wall Street has questioned the company's plan to reinvigorate sales growth.