A study conducted by threat intelligence agency Check Point Research has concluded that during 2021 there has been a 40% increase in weekly cyberattacks that have severely affected almost every industry and region.
According to the research, Europe and America have seen the largest increase in cybercrime between 2020 and 2021, with Africa-based organisations seeing the highest volume of attacks overall.
Ransomware has been the talk of the cybersecurity sector for well over a year, with 2021 bringing a significantly increased level of attack frequency and intensity. Ransomware attackers look to exploit a networks’ weaknesses for financial gain, with one group amassing over $100,000,000 during the first half of 2021 alone. But what happens when the desired impact of the attack is more sinister?
The first botnet traces back to the EarthLink spammer in 2000. Created by Khan K. Smith, this botnet sent 1.25 million emails and gleaned $3 million before eventually being sued for $25 million by the owners of the network he was abusing, EarthLink.
Ransomware is now a global crisis, with its effects rippling throughout every sector from private business to governments to schools - there isn’t an industry that has gone untouched by cybercrime.
‘‘A little bit of ransomware, a little bit of DDoS extortion, and a whole lot of trouble.’’ – NETSCOUT
First revealing themselves in 2018, Spectre-style attacks have been quietly exploiting security flaws in Chromium-based browsers (Google Chrome, Microsoft Edge, and Brave) to gain access to private and confidential information. Much like its counterpart, Meltdown, the Spectre vulnerability utilises a flaw in CPU optimization to breach security mechanisms and access a devices memory space - allowing hackers to obtain information all over the internet.