The Sophistication of Cybercriminals Intensifies With Emerging Strategies for Cashing in or Causing Chaos
25 Janeiro 2024 - 8:00AM
Business Wire
Cybergang alliances, small moves for big impact
and six-party breaches on the horizon, according to the 11th Annual
Experian® Data Breach Industry Forecast
While tried and true tactics like phishing and malware are here
to stay, there are always new approaches to watch out for in the
cybersecurity space. Experian’s 11th annual Data Breach Industry
Forecast includes six predictions for 2024 that focus a global lens
on what savvy moves cybercriminals from near and far will
potentially make to penetrate organizations and reap rewards.
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the full release here:
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To download the Experian Data Breach
Resolution Industry Forecast, go to
https://ex.pn/2024databreachindustryforecast. (Graphic:
Experian)
While 2023 was a “successful” year for bad actors, we may see
the following emerge to shake up the cyber landscape even more this
year:
- Six Degrees of Separation: There’s no question
third-party data breaches have made headlines. With increased data
collection, storage and movement there are plenty of partners down
the supply chain that could be targeted. We predict attacks on
systems four, five or six degrees from the original source as
vendors outsource data and technology solutions who outsource to
another expert and so on.
- Little by Little Becomes A lot: When trying to achieve a
goal, it’s said that taking small steps can lead to big results.
Hackers could apply that same rule. Instead of making drastic moves
and trying to reap instant reward such as with ransomware, bad
actors may just manipulate or alter the tiniest bits of data to
stay under the radar such as changing a currency rate or adjusting
the coordinates for transportation, which can have a major
impact.
- Not a Third Wheel: It’s widely known who the major
players are globally that sponsor attacks and a new country in
South Asia may join the international stage with their large
population of engineers and programmers. While reportedly having
been in the game focusing cyberattacks regionally due to political
tensions, this country may broaden their sights in the future.
- No, not Mother Earth!: Plutonium, terbium, silicon
wafers — these rare earth materials that are the building blocks
for today’s hardware are rapidly becoming the most sought-after
resources on the planet. Any disruption to an already strained
supply chain could send the industry (and the economy that relies
on these materials) spinning. This presents an intriguing
opportunity for hackers looking to create disruption, or
nation-states wanting to corner a market or disrupt an enemy’s
economy.
- The Scarface Effect: Like drug cartels, cybergangs are
forming sophisticated organizations as joining like-minded actors
can be incredibly advantageous. This spans globally with countries
potentially helping each other to advance common goals and
interests. We’ll see more hackers for trade, crews looking to
expand their monopolies, and cyberwarfare alliances.
- Winning from the Inside: In 2024, we may see
enterprising threat actors target more publicly traded companies to
gain insights to cheat the stock market or plan their attacks and
sell their stash before value nosedives. Rather than breach an
organization and play in the underground with stolen data, threat
actors could leverage data extraction and their talents in plain
sight as everyday investors.
“Cybercriminals are continually working smarter not harder,”
said Michael Bruemmer, vice president, Global Data Breach
Resolution at Experian. “They are leveraging new technologies like
artificial intelligence and applying their talents in different
ways to be more strategic and stay a step ahead. Organizations
should not ignore even the slightest security abnormalities and be
more aware of what global interests may make them a target.”
To access the complimentary report, visit
https://ex.pn/2024databreachindustryforecast.
“Today, perpetrators can come from anywhere in the world and
bring with them robust resources and expertise,” added Jim Steven,
Head of Crisis and Data Response Services at Experian Global Data
Breach Resolution in the United Kingdom. “There are many global
crime syndicates and nation-backed operations, so companies need to
invest in sophisticated prevention and response methods to protect
themselves.”
Experian Global Data Breach Resolution offers international
resources for companies impacted by a security incident and
services include IdentityWorks℠ Global, multilingual call centers,
and notifications covering more than 100 countries. Experian has
also recently expanded capabilities to Japan, Taiwan and
Thailand.
To learn more about Experian Global Data Breach Resolution, go
to
https://www.experian.com/business/solutions/fraud-management/global-data-breach-services.
About Experian
Experian is the world’s leading global information services
company. During life’s big moments – from buying a home or a car,
to sending a child to college, to growing a business by connecting
with new customers – we empower consumers and our clients to manage
their data with confidence. We help individuals to take financial
control and access financial services, businesses to make smarter
decisions and thrive, lenders to lend more responsibly, and
organizations to prevent identity fraud and crime.
We have 22,000 people operating across 32 countries and every
day we’re investing in new technologies, talented people, and
innovation to help all our clients maximize every opportunity. With
corporate headquarters in Dublin, Ireland, we are listed on the
London Stock Exchange (EXPN) and are a constituent of the FTSE 100
Index.
Learn more at www.experianplc.com or visit our global content
hub at our global news blog for the latest news and insights from
the Group.
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version on businesswire.com: https://www.businesswire.com/news/home/20240125797127/en/
Sandra Bernardo Experian 949 529 7550
sandra.bernardo@experian.com
Experian (LSE:EXPN)
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