FortiGuard Labs Reports Disruptive Shift of Cyber Threats

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Fortiguard
FortiGuard Labs Reports Disruptive Shift of Cyber Threats

Fortinet today announced the findings of the latest semi-annual FortiGuard Labs Global Threat Landscape Report.

Threat intelligence from the second half of 2020 demonstrates an unprecedented cyber threat landscape where cyber adversaries maximized the constantly expanding attack surface to scale threat efforts around the world. Adversaries proved to be highly adaptable, creating waves of disruptive and sophisticated attacks. They targeted the abundance of remote workers or learners outside the traditional network, but also showed renewed agility in attempts to target digital supply chains and even the core network. For a detailed view of the report, as well as some important takeaways, read the blog. Highlights of the 2H 2020 report follow:

  • Onslaught of Ransomware Continues: FortiGuard Labs data shows a sevenfold increase in overall ransomware activity compared to 1H 2020, with multiple trends responsible for the increase in activity. The evolution of Ransomware-as-a-Service (RaaS), a focus on big ransoms for big targets, and the threat of disclosing stolen data if demands were not met combined to create conditions for this massive growth. In addition, with varying degrees of prevalence, the most active of the ransomware strains tracked were EgregorRyuk, Conti, Thanos, Ragnar, WastedLocker, Phobos/EKING and BazarLoader. Sectors that were heavily targeted in ransomware attacks included healthcare, professional services firms, consumer services companies, public sector organizations, and financial services firms. To effectively deal with the evolving risk of ransomware, organizations will need to ensure data backups are timely, complete, and secure off-site. Zero-trust access and segmentation strategies should also be investigated to minimize risk.

Download Full report: https://www.fortinet.com/content/dam/fortinet/assets/threat-reports/threat-report-2h-2020.pdf

Also read: Fortinet Announces AI-powered XDR for Fully Automated Threat Detection, Investigation, and Response

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