BDO Cyber threat Insights 2018 4th Quarter Report
08 February 2019
Original content provided by BDO Switzerland
This year has proven to be a challenging one for cybersecurity professionals worldwide. We have seen the blurring of the major cyber threat actors—nation-state cyberattack groups from China, Russia, Iran and North Korea—with criminal cyberattack groups from their respective countries and other nations worldwide. As a result, there has been a 350 percent increase in ransomware attacks globally, a 70 percent increase in the number of spear-phishing email attacks and the unprecedented growth of Business Email Compromises (BEC), also known as spoofing campaigns. The cyberattack groups are continually modifying their attack vectors, methods and tactics to: (1) optimize theft of money, cryptocurrencies and intellectual property; (2) disrupt national economies, social media platforms and political campaigns; and (3) destroy valuable data assets on a global basis.