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Fortinet Report Reveals New Cyber Threats and Defense Strategies
In a recent report, Fortinet, a leader in cybersecurity solutions, predicts a new era of cybercrime for 2024. The study, conducted by FortiGuard Labs, Fortinet's threat intelligence and research laboratory, 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)
As technology advances, cybercrime also evolves. Fortinet highlights the growth of cybercrime-as-a-service (CaaS) operations and the impact of generative AI on the threat landscape. These developments allow criminals to carry out 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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Evolution of traditional methods and new trends
Favorite attack methods are adapting. Advanced Persistent Threat (APT) groups are becoming more active and diverse, focusing on disruptive and extortionist attacks. FortiGuard Labs also sees an increase in cyber “turf wars,” with multiple groups targeting the same targets and aggressively using ransomware.
Generative AI is another area of concern, as it amplifies cybercriminals' capabilities, from enhancing social engineering techniques to mimicking human behaviors. Additionally, Fortinet predicts an increase in attacks focused on critical industries, a rise in zero-day attacks, and a shift to insider tactics, where cybercriminals can recruit from within target organizations to gain initial access.
Evolving Cybercrime Preparedness and Response
To navigate this challenging landscape, Fortinet emphasizes the importance of collaboration between the public and private sectors, adopting standardized measures for incident reporting, and creating a culture of cyber resilience. Additionally, it is crucial to develop cybersecurity education programs and hands-on exercises for executives, as well as tap new talent to fill cybersecurity skills gaps.
About FortiGuard Labs
FortiGuard Labs is comprised of experienced threat hunters, researchers, analysts, engineers, and data scientists. They continuously monitor the global attack surface, analyzing information with the help of AI and other technologies to identify new threats.
About Fortinet
Fortinet is recognized for comprehensive cyber threat protection and network and security convergence. With an extensive product portfolio, Fortinet serves more than half a million customers globally. Its training institute offers cybersecurity enablement programs, while FortiGuard Labs works to provide actionable threat intelligence and consistent protection.
Source: Fortinet Communication.
