Sygnia’s Incident Response team identifies impactful changes in ransomware strategies during the past year. Ransomware groups transitioned from encryption-oriented attacks to data exfiltration and extortion strategies, employing tactics that yield faster monetization and refining new ways to cripple organizations and pressure them into paying ransom demands.
Sygnia’s Adversarial Tactics team shares last year’s key improvements and developments that affect threat actors’ operations and identifies the most common TTPs they have utilized within clients’ environments, noting a marked increase in the number of exploited systemic misconfigurations, and a need for innovative and effective mitigation strategies.
Sygnia’s Enterprise Security team notes a return to basics in the cybercrime community, as evidenced by the simplicity of some of 2023’s major cyberattacks. While the dual challenge of SEC compliance and CISO accountability as well as the rise of AI in security pose new challenges.
Sygnia’s Managed XDR team notes the impact of major technological advancements, market dynamics, and user adoption in the MXDR, which will have a profound impact on the 2024 landscape as trends combine with emerging technologies that will propel the XDR market forward.
Sygnia’s Engagement Management team advises executives on how to build a security team, prioritize security budget and measure the effectiveness of a cybersecurity program. Sygnia’s Legal team identifies the three most notable topics that must be addressed in 2024; CISO liability, the regulatory landscape, and emerging trends in 3rd party-based attacks and their impact on risk management.
Sygnia is the foremost global cyber readiness and response team, applying creative approaches and battle-tested solutions to help organizations beat attackers and stay secure. With decades of digital combat experience, from a team who brings extensive cyber warfare and enterprise security backgrounds, we support the entire cybersecurity journey so our clients can stay secure in the face of any and all cyber threats.
This advisory and any information or recommendation contained herein has been prepared for general informational purposes and is not intended to be used as a substitute for professional consultation on facts and circumstances specific to any entity. While we have made attempts to ensure the information contained herein has been obtained from reliable sources and to perform rigorous analysis, this advisory is based on initial rapid study, and needs to be treated accordingly. Sygnia is not responsible for any errors or omissions, or for the results obtained from the use of this Advisory. This Advisory is provided on an as-is basis, and without warranties of any kind.
Thank you for registering for Sygnia’s Annual Field Report series. Access the full series in the links below:
1. The Threat Landscape Perspective
3. The Defender’s Perspective – Preparedness
