New Report Reveals Hackers Now Aim for Money, Not Chaos

New Report Reveals Hackers Now Aim for Money, Not Chaos

Recent research from Mandiant revealed that financially motivated hackers are the new trend, with more than (55%) of criminal gangs active in 2024 aiming to steal or extort money from their targets, a sharp rise compared to previous years. 

About the report

The main highlight of the M-Trends report is that hackers are using every opportunity to advance their goals, such as using infostealer malware to steal credentials. Another trend is attacking unsecured data repositories due to poor security hygiene. 

Hackers are also exploiting fractures and risks that surface when an organization takes its data to the cloud. “In 2024, Mandiant initiated 83 campaigns and five global events and continued to track activity identified in previous years. These campaigns affected every industry vertical and 73 countries across six continents,” the report said. 

Ransomware-related attacks accounted for 21% of all invasions in 2024 and comprised almost two-thirds of cases related to monetization tactics. This comes in addition to data theft, email hacks, cryptocurrency scams, and North Korean fake job campaigns, all attempting to get

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This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents

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