TLDR:
- Ransomware threat continues to evolve, with breach-for-ransom campaigns becoming more prevalent.
- Small and medium-sized businesses face a higher risk of cyber threats due to credential theft.
Mimecast’s Q4 Global Threat Intelligence Report highlights the growing threat of extortion campaigns, geopolitical tensions, and attacks on SMBs in the cybersecurity landscape. One of the key findings is the evolution of ransomware tactics, moving from crypto-ransomware to breach-for-ransom campaigns to double- and triple-extortion strategies. The report also emphasizes the higher level of threats faced by SMBs, particularly in Australia where 97.3% of businesses are small to medium enterprises.
The report provides actionable recommendations for organizations to improve their cyber defense against the increasing malicious activities. It also points out the shift in attack strategies towards malicious links rather than attachments, highlighting the need for heightened security measures in the face of evolving cyber threats.