Cybercrime continues to evolve and become more sophisticated. AI and machine learning are leveraged by many criminal organizations to help them better understand how to improve their attacks and they are now targeting specific industry verticals, organizations and even individuals. Increases in the frequency of ransomware, phishing and crypto jacking attacks were experienced by businesses of nearly every size, vertical and locale.
On average, 81% of organizations had some degree of concern around security issues, according to the results of a new research: What Keeps You Up at Night – The 2019 Report, released by KnowBe4.
When it came to attack vectors, data breaches were the primary concern, with credential compromise coming in as a close second. These two issues go hand-in-hand, as misuse of credentials remains the number one attack tactic in data breaches, according to Verizon’s 2018 Data Breach Investigations Report. Phishing and ransomware ranked next, demonstrating that organizations are still not completely prepared to defend themselves against these relatively “old” attack vectors.