Issue Details
NEW TRENDS IN CYBER-CRIME AND ITS IMPACT ON BUSINESS
Dr. Sandeep
Page No. : 87-96
ABSTRACT
Cyber threats are evolving faster than ever and the cybercrime underground has become an organized cyber crime ecosystem. In 2021, ransomware activity increased significantly. The number of hacked companies found in our sources has almost doubled – from 1,460 to 2,860 victims. To effectively combat these threats, it is essential for cybersecurity professionals to stay abreast of the latest trends in cybercrime. New technology increases the reach and impact of cybercrime: malware and ransomware attacks (the latter threatening to release data or block it permanently if a ransom is not paid) increased by more than 350 percent and 430 percent respectively in 2020. Next-generation tools are antivirus bypassing, which is why living off the land (LOtL) attacks, where attackers use legitimate software and features to commit malicious actions, accounted for nearly two-thirds of all reported incidents in 2021. In this paper, we look at the trends shaping the future of cybercrime threat intelligence and how organizations can protect themselves. We’ll also discuss how these trends are impacting the way businesses need to protect themselves from attacks.
FULL TEXT
