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Key findings: the cyber threat landscape in 2025 1. Ransomware and state-sponsored attacks continue to escalate Canada's critical sectorsincluding healthcare, energy, education, and retailhave become prime targets for cybercriminals. Ransomware is no longer an "if" but a "when," making proactive defense strategies essential.
In 2023, major ransomware incidents targeted healthcare providers, educational institutions, and large corporations. Phishing and SocialEngineering : Phishing remains a popular attack method, leveraging emails, fake websites, and social media to deceive users into providing sensitive information.
This practice is said to be leading to socialengineering based cyber attacks like online fraud and phishing attacks. In the world of cyber hacking, most of the threat actors have vast amounts of time and the only thing they do is to wait for the targets to fall in the laid online traps.
Initially focused on government and industrial sectors, the group has recently turned its attention to healthcare , which poses significant risks due to the sensitive nature of medical data and the potential for disruptions to life-saving operations. Implement advanced threatdetection tools to identify and block ransomware campaigns early.
Organizations should likewise leverage GenAI to better detect AI-enhanced threats and counter the attack volumes that we expect to see in 2024. Moving ahead, it’s crucial for SMBs, municipalities and healthcare institutions to prioritize. I really feel as though the bad guys have the upper hand. Or rather, an organization!
This creates exposure to compliance breaches, which could lead to lost revenue, regulatory fines, and reputational damageespecially in sectors like healthcare and finance that demand rigorous data governance. On the one hand, AI is helping detect and prevent cyber-attacks through advanced threatdetection and response capabilities.
Image Source: AI Generated Recent data breaches have exposed sensitive information from millions of customers across healthcare, financial services, and technology sectors. The threat actors accessed source code repositories and internal systems, though Microsoft confirmed no customer-facing systems were compromised. healthcare system.
Seen in attacks against healthcare and manufacturing agencies, RedLine started with heavy-hitter industries and only got worse as more users purchased it. Through a combination of technical and procedural solutions, most of the issues caused by insider threats can be mitigated: Defense Against Phishing. Regular employee training.
The use of voice-based socialengineering to gain entry into networks is on the rise—a technique made popular by Scattered Spider and the Qakbot threat group. It can also help find and stop possible attackers from moving around through identity threatdetection and response (ITDR) and deception capabilities.
Threat actors used AI tools to orchestrate highly convincing and scalable socialengineering campaigns, making it easier to deceive users and infiltrate systems. This trend, among other AI-powered socialengineering attacks, will amplify identity compromise, ransomware, and data exfiltration in 2025.
Despite all the advances in cybersecurity, email remains the starting point for the vast majority of cyberattacks, as phishing, malware and socialengineering remain effective attack techniques. As some of these solutions are pretty low-cost, they potentially offer high ROI considering the enormity of the email threat problem.
Top ransomware predictions for 2025Prediction 1: AI-powered socialengineering attacks will surge and fuel ransomware campaignsIn 2025, threat actors will increasingly use generative AI (GenAI) to conduct more effective socialengineering attacks. A top emerging AI-driven trend is voice phishing (vishing).
Conversely, defenders will increasingly rely on AI-driven solutions for threatdetection, anomaly detection, and automated response systems. Ransomware Reaches New Heights Ransomware operators will target critical infrastructure, healthcare, and small-to-medium businesses at an unprecedented scale.
He has 15 years of cybersecurity technical product and program management experience delivering cyber solutions and developing thought leadership across multiple verticals, with a focus on threatdetection, threat exposure management, response/remediation and protection.
Latest email security trends Phishing and spear-phishing attacks: Phishing is a type of socialengineering attack where cybercriminals use deceptive emails to trick recipients into divulging sensitive information or downloading malware. These attacks often rely on socialengineering tactics and email spoofing.
Socialengineering attacks , including phishing, spam, and viruses introduced via clickable links within e-mail affected 80% of the banking institutions in 2016. The key enterprise cyber security risk management process Maintain increased cybersecurity awareness of major types of threats.
AI's ability to evolve and adapt will redefine the cybersecurity landscape, making threatdetection smarter and more proactive.' Critical infrastructure in the crosshairs: Rising geopolitical tensions could lead to threat actors demonstrating their capabilities in response to economic or political pressures.
Twitter released a statement indicating that this attack was the result of employees with internal access falling victim to socialengineering that allowed the bad actors to take advantage of their insider privilege. In fact, larger corporations experience more insider threats than small and mid-sized businesses.
“As organizations quickly adopt technologies like Okta Fastpass which uses biometrics for authentication instead of passwords, … we expect an increase in two areas: breaches caused by socialengineering (already on the rise), and breaches caused by Insiders (already over 40% of all breaches).
Sectors like energy, healthcare, transportation, utilities, and financial systems are increasingly at risk because they are integral to national security and daily life. These groups are also shifting toward more human-centric exploits , like socialengineering and insider assistance. But it doesnt stop there.
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