Security News > 2024 > January > Escalating cyber threats: Bots, fraud farms, and cryptojacking surge, urgently requiring attention

Cybercriminals turn to ready-made bots for quick attacks.

Bots and human fraud farms were responsible for billions of attacks in the H1 of 2023 and into Q3, according to Arkose Labs.

Despite the decline in global ransomware attempts, a variety of other attacks have trended up globally, including cryptojacking, IoT malware and encrypted threats.

European organizations experienced a greater volume and frequency of BEC attacks over the last year, as compared to organizations in the United States, according to Abnormal Security.

While total attacks in the United States grew by 5x between June 2022 and May 2023, Europe saw total attacks increase by 7x during the same period-to an average of 2,842 attacks per 1,000 mailboxes in May. Cyber extortion hits all-time high.

The geographical shift of cyber extortion attacks has continued, with a significant year on year increase in Southeast Asia, with Indonesia, Singapore, Thailand, Philippines, and Malaysia the most impacted.

News URL

https://www.helpnetsecurity.com/2024/01/05/cyber-threats-statistics/