Check Point Research (CPR), the Threat Intelligence arm of Check Point® Software Technologies Ltd. (https://www.Checkpoint.com/) (NASDAQ: CHKP), a leading AI-powered, cloud-delivered cyber security platform provider, released its much-anticipated 2024 Annual Security Report. This year's edition delves into the increasing complexity of cyber threats, with a special focus on the dramatic rise in ransomware incidents and the strategic use of AI in cyber security defences.
Reflecting on a year marked by significant cyber turmoil, the report highlights a 90% increase in publicly extorted victims of ransomware attacks. Such ransomware attacks now account for 10% of all malware detected by Check Point’s sensors. The Check Point Incident Response Team (CPIRT) observed that nearly half of their cases involved ransomware, with the number of publicly shamed victims soaring to approximately 5,000, doubling from the previous year.
Key Findings of the 2024 Security Report include:
Ransomware Evolution: Attackers have refined their strategies, leveraging zero-day vulnerabilities and enhancing Ransomware-as-a-Service (RaaS) with new extortion tactics. High-value targets are increasingly in the crosshairs, demonstrating the need for robust defence mechanisms.
Targeting Edge Devices: The report identifies a growing trend in attacks on edge devices, highlighting the critical need for comprehensive security measures that encompass all network elements.
Rise in Hacktivism: State-supported hacktivism has escalated, with notable increases in cyber activities tied to geopolitical conflicts. The use of destructive wipers for maximum impact underscores the evolving nature of cyber warfare.
Maya Horowitz, VP of Research at Check Point commented, “In an era of relentless innovation in cyber crime and accumulating tensions involving nation-state threat actors and hacktivists globally, organisations must adapt. Investing in stronger defences with robust AI-powered and cloud-delivered cyber security measures, and proactively fostering collaboration, is key to effectively safeguarding against these evolving dangers.”
The 2024 Security Report serves as a crucial resource for organizations, policymakers, and cyber security professionals, offering deep insights into attack trends and providing guidance for strengthening cyber resilience. The findings are based on data drawn from the Check Point ThreatCloud AI Cyber-Threat Map (https://ThreatMap.Checkpoint.com/) which looks at the key tactics cyber criminals are using to carry out their attacks. A full copy of the report is available here (https://apo-opa.co/48pnCUM).
Distributed by APO Group on behalf of Check Point Software Technologies Ltd..
Follow Check Point via:
LinkedIn: https://apo-opa.co/3ubUlyG
X: https://apo-opa.co/3SEBgPG
Facebook: https://apo-opa.co/3QEdjFz
Blog: https://blog.Checkpoint.com
YouTube: https://apo-opa.co/46dJB05
Latest Stories
-
East Legon crash: Police pursue TikTokers for ‘false claims’ about Salifu Amoako’s son’s location
22 mins -
Severe food shortage force some SHSs to serve repetitive meals
32 mins -
Don Julio 1942 launched by Guinness Ghana Breweries with an enchanting Halloween Ball celebration
34 mins -
3 Central Region MCEs intensify cholera control efforts after 5 deaths
40 mins -
Bawumia’s 12 ‘Bold Steps’ to expand educational opportunities for all
41 mins -
Mahama criticises NPP for accumulating energy debt to pass on to next NDC gov’t
42 mins -
Agromonti empowers Techiman farmers with sustainable agriculture training in CSR event
47 mins -
Ghanaians deserve certificates for enduring hardship under NPP – Mahama
47 mins -
AG’s office needs 1,500 public attorneys for proper discharge of functions – Godfred Dame
49 mins -
Court sentences man to life imprisonment for murdering girlfriend; daughter
1 hour -
Bawumia’s $80 bn value claim for Spotify, false – Dubawa
1 hour -
GBA President calls for transparent and fair December election
1 hour -
November 8 not a public holiday – Interior Ministry
2 hours -
Policies the Church can promote to ensure every birth by a congregant is wanted, not unintended
2 hours -
Next NPP government to build new AG offices in all regions – Godfred Dame
2 hours