Royal Ransomware Deep Dive
by Laurie Iacono, Keith Wojcieszek, George Glass
Social engineering in its many forms took center stage in Q3 2023. The quarter saw “human hacking” evolve from a long-standing security challenge to threat actors’ method of choice. This was evidenced by our observations of the dramatic escalation of social engineering tactics, with significant increases in phishing, smishing, valid accounts, voice phishing and other tactics—adding up to the highest volume of incidents we have seen in 2023.
Key Findings
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Kroll’s findings for Q2 2023 reveal a notable shift towards increased supply chain risk, driven not only by the CLOP ransomware gang’s exploitation of the MOVEit transfer vulnerability but also by a rise in email compromise attacks. This and other key security trends depict a threat landscape where cyber threats are lurking behind every corner.
Key Findings
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In Q1 2023, Kroll observed a 57% increase in the overall targeting of the professional services sector from the end of 2022. Ransomware propelled this increase, as the sector, particularly legal firms, was the most likely target of extortion and encryption attacks in Q1.
Key Findings
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In Q4 2022 Kroll identified a volatile and fragmented threat landscape, with ransomware peaking and tech and manufacturing sectors being increasingly frequently targeted.
Key Findings
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In Q3 2022, Kroll saw insider threat peak to its highest quarterly level to date, accounting for nearly 35% of all unauthorized access threat incidents, set against a background of an increasingly fluid labor market and economic turbulence.
Key Findings
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In Q2 2022, Kroll observed a 90% increase in the number of healthcare organizations targeted compared to Q1 2022, dropping the final nail in the coffin for the “truce” some criminal groups instituted earlier in the COVID-19 pandemic.
Key Findings
Dive Deeper
Handling over 3,000 cyber incidents worldwide every year, Kroll is one of the largest incident response providers in the world. This unparalleled volume of investigations feeds a rich cyber threat intelligence database, from which our investigators and analysts publish trends every quarter.
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by Laurie Iacono, Keith Wojcieszek, George Glass
by Eric Zimmerman, Andrew Rathbun
by Laurie Iacono, Keith Wojcieszek, George Glass
by David White