It would be an understatement to say that the last year was devastating; it was so much more. However, 2020 was a big year for the cybercrime landscape. We saw tons of cyberattacks. Different tactics, techniques, and procedures. Novel scams and threats. And, the situation has not yet changed. This article will be talking about key trends in e-crime and nation-state threat activity. 

Check out the latest findings

  • CrowdStrike revealed that there has been a humongous increase in interactive intrusion activity. There has been a fourfold increase, in two years, in these activities.
  • Supply chain attacks, data extortion, ransomware, and nation-state threats are more fervent than ever. 
  • The report, moreover, highlights that eCrime attacks accounted for a whopping 79% among all intrusions. In other words, nearly four out of five interactive intrusions in 2020 were motivated by eCrime actors. 
  • As per IBM Security, the COVID-19 theme played a significant role in deciding the fate of the threat landscape. In the early days of the pandemic, the primary objective of interactive intrusions was to acquire information on COVID-19 responses. 

eCrime and nation-state activity facts

  • Carbon Spider shifted from targeted attacks on PoS systems to ransomware attacks on large organizations.
  • Wizard Spider bagged the position of the top-reported attacker for the second year in a row.
  • Although people associated with the group were charged, the Chinese threat actor group Wicked Panda continued to wreak havoc. 
  • Lazarus APT group persisted with their foreign exchange efforts.

Let’s talk about ICS threats too

  • Four new ICS threat actors—Kamacite, Stibnite, Vanadinite, and Talonite—were identified by Dragos. These groups were spotted targeting energy and manufacturing sectors. 
  • In addition, 703 ICS/OT vulnerabilities were observed in 2020, which is a 29% increase over 2019. 
  • As the pandemic spread across the globe, remote services were ruthlessly abused by attackers against OT. 

Other findings

  • The healthcare sector is not yet secure against attacks and thus, will continue to be barraged by cyberattacks.
  • 2021 is predicted to observe increased activity by DPRK, owing to COVID-19 and the resulting shortage of food.
  • Data extortion is not anticipated to stop anytime soon because of dedicated leak sites.

The bottom line

Threat actors are getting bolder with each passing day and hence, it is crucial that cybersecurity takes the forefront in every business strategy. Moreover, with the changes brought by remote working, various flaws have been highlighted that need to be addressed for a safe and secure work environment.

Cyware Publisher