Our new report breaks down the factors that contribute to the converging nature of cyber threats as well as the perpetual cycles that allow cybercrime to thrive. Through this lens, we examine the trends, data, analysis, strategies, and insights that will impact the ways in which security and intelligence teams tackle challenges in 2023—read about it here.
Here’s what you need to know about the cyber threat landscape:
Illicit markets are thriving
Illicit markets directly impact data breaches and cyberattacks—and Flashpoint found that threat actors exposed or stole 22.62 billion credentials and personal records, ranging from account and financial information to email and Social Security numbers.
“Fraudsters, initial access brokers, ransomware groups, and Advanced Persistent Threat groups alike to turn to illicit markets, shops, and forums to trade in stolen credentials and personal records, which are leveraged in a variety of illicit activities—from DDoS attacks to ransomware.“State of Cyber Threat Intelligence
Threat vectors are converging
Cyber threats are overlapping and intersecting, with threat actors taking advantage of both stolen credentials and vulnerability exploits. Vulnerability exploits often underpin stealer malware and crimeware—while stolen credentials are leveraged in brute-forcing and other forms of cyberattacks.
Organizations cannot afford to view, prepare for, mitigate, and prevent these threats in silos, as though one threat (and the cycle it exists in) is separate from another. Multiple disjointed feeds and solutions make identifying, prioritizing, and mitigating persistent and evolving threats difficult and costly. Since threat vectors are converging, CISOs should aim to unify and rally their security and intelligence teams behind a single source of truth that integrates workflows between their Cyber Threat Intelligence (CTI), Fraud, Vulnerability Management (VM), and IT Security teams, as well as other functions.
Read the report to find more answers to:
- How the state of illicit markets directly impacts cyber events such as data breaches, ransomware, and other cyberattacks
- The growing complexity of malware and phishing kits
- Why cybercriminals are constantly canvassing vulnerability exploits on illicit forums and markets
- Why ransomware will continue to get worse in 2023
- What security and intelligence teams can do to fight back
Achieve consolidated intelligence with Flashpoint
Threat vectors are converging at breakneck speeds, and the multiple disjointed feeds and solutions makes addressing risk increasingly difficult. Therefore, organizations need consolidated intelligence that unites and supports all of their security and intelligence teams. Sign up for a free trial, or download our latest report today.