"State-Sponsored Hackers Are Diversifying Tactics, Targeting Small Businesses"

According to SonicWall's 2023 Cyber Threat Report, state-sponsored threat actors are shifting their attention toward small and midsize businesses (SMBs). While large companies, public services, and crucial national infrastructure have historically been the primary targets of state-sponsored threat actors, it is expected that in 2023, adversaries will diversify their tactics to target SMBs and a larger variety of victims. The report also indicated that the change towards targeting SMBs correlates with a 21 percent reduction in the overall volume of ransomware attacks. The findings are consistent with those of other cybersecurity companies, which have mostly concurred in their various threat reports that ransomware detections have decreased over the past year. Global malware attacks rose by 2 percent last year using over 400,000 unique variants, marking the first increase in this attack method since 2018. Internet of Things (IoT) malware and cryptojacking tactics increased by 87 percent and 43 percent, respectively, as threat actors adopted slower and stealthier techniques to conduct financially motivated cyberattacks. This article continues to discuss key findings shared in SonicWall's 2023 Cyber Threat Report.

ITPro reports "State-Sponsored Hackers Are Diversifying Tactics, Targeting Small Businesses"