Cyber risk explained The changing threat landscape

[SrGuard]

What do you consider to be the main sources of cyber security risk for companies today?
In today's environment, the challenges facing organisations are multifaceted and constantly changing as the external risk evolves and internal challenges multiply.

Ransomware and business email compromise (BEC) fraud attacks continue to offer criminals significant financial rewards. Ransomware attacks have become increasingly sophisticated and frequent. Criminals now routinely employ data theft and aggressive extortion tactics such as threats, public shaming, and threats of legal and business consequences alongside traditional encryption attempts. Meanwhile, a sophisticated criminal ecosystem has grown up around the industry, distributing the skillsets needed to engineer such attacks and lowering the bar to entry. Generative AI enhances such trends.

Source/full article:
https://www.herbertsmithfreehills.com/insights/2024-12/cyber-risk-explained--the-changing-threat-landscape