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Fortinet Report Reveals New Cyber Threats And Defense Strategies
In a recent report, Fortinet, a leader in cybersecurity solutions, forecasts a new era of cybercrime for 2024. The study, conducted by FortiGuard Labs, Fortinet’s threat research and intelligence lab, analyzes the growing use of Artificial Intelligence (AI) in malicious activities and explores emerging trends that companies should monitor to strengthen their cybersecurity.
The Rise Of Cybercrime As A Service (CaaS)
With the advancement of technology, cybercrime is also evolving. Fortinet highlights the growth of cybercrime operations as a service (CaaS) and the impact of generative AI on the threat landscape. These developments enable criminals to execute more sophisticated and stealthy attacks, increasing the need for robust security controls. Attacks are becoming more targeted, evading traditional defenses and requiring a more agile and efficient approach to incident response.
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Google’s new super submarine cable project was suddenly halted on Christmas Island, and the reason drew attention: 120 million red crabs made their way to the sea and forced the operation to stop mid-schedule.
Evolution Of Traditional Methods And New Trends
Favorite attack methods are adapting. Advanced Persistent Threat (APT) groups are becoming more active and diversified, focusing on disruptive and extortionate attacks. FortiGuard Labs also notes an increase in cyber “territorial wars,” with multiple groups targeting the same victims and aggressively using ransomware.
Generative AI is another area of concern, as it amplifies the capabilities of cybercriminals, from enhancing social engineering techniques to mimicking human behavior. Furthermore, Fortinet anticipates an increase in attacks targeting critical sectors, a rise in zero-day attacks, and a shift towards internal tactics, where cybercriminals may recruit within the target organizations to gain initial access.
Preparation And Response To Evolving Cybercrime
To navigate this challenging landscape, Fortinet emphasizes the importance of collaboration between the public and private sectors, the adoption of standardized incident reporting measures, and the creation of a culture of cyber resilience. Additionally, it is crucial to develop cybersecurity education programs and practical exercises for executives, as well as to explore new talent to fill the cybersecurity skills gaps.
About FortiGuard Labs
FortiGuard Labs comprises threat hunters, researchers, analysts, engineers, and data scientists with extensive experience. They continuously monitor the global attack surface, analyzing information with the aid of AI and other technologies to identify new threats.
About Fortinet
Fortinet is recognized for its comprehensive protection against cyber threats and the convergence of network and security. With an extensive product portfolio, Fortinet serves over half a million customers globally. Its training institute offers cybersecurity training programs, while FortiGuard Labs works to deliver actionable threat intelligence and consistent protection.
Source: Fortinet Communication.
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