Press release

FortiGuard Labs: Organizations Detecting Ransomware Decline as the Volume and Impact of Targeted Attacks Continue to Rise

Top-ranked vulnerabilities are 327x more likely to be attacked within one week of being published compared to all other Common Vulnerabilities and Exposures

articleFortinet, Inc.August 7, 20235/company/fortinet-inc/news/fortiguard-labs-organizations-detecting-ransomware-decline-as-the-volume-and-0
FortiGuard Labs: Organizations Detecting Ransomware Decline as the Volume and Impact of Targeted Attacks Continue to Rise

About this update from Fortinet, Inc.

[{"type":"text","content":"Top-ranked vulnerabilities are 327x more likely to be attacked within one week of being published compared to all other Common Vulnerabilities and Exposures\nSUNNYVALE, Calif., Aug. 07, 2023 (GLOBE NEWSWIRE) -- Derek Manky, Chief Security Strategist & Global VP Threat Intelligence, FortiGuard Labs“Disrupting cybercrime is a global effort that comprises strong, trusted relationships and collaboration across public and private sectors, as well as investing in AI-powered security services that can help overwhelmed security teams coordinate actionable threat intelligence in real time across their organization. Security teams cannot afford to sit idle with targeted threats at an all-time high. Fortinet’s FortiGuard Labs continues to provide innovative and actionable intelligence, like the Red Zone and new Exploit Prediction Scoring System analysis, to help security teams proactively prioritize patching efforts and respond to threats faster than ever.” News Summary: Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the latest semiannual Global Threat Landscape Report from FortiGuard Labs. In the first half of 2023, FortiGuard Labs observed a decline in organizations detecting ransomware, significant activity among advanced persistent threat (APT) groups, a shift in MITRE ATT&CK techniques used by attackers, and much more. In addition to the highlights below, readers can find the full analysis by reading the 1H 2023 Global Threat Landscape Report. While organizations continue to find themselves in a reactive position due to the growing sophistication of malicious actors and the escalation of targeted attacks, ongoing analysis of the threat landscape in the 1H 2023 Global Threat Landscape Report helps provide valuable intelligence that can serve as an early warning system of potential threat activity and help security leaders prioritize their security strategy and patching efforts. Highlights of the report follow: Organizations Detecting Ransomware Are on the Decline: FortiGuard Labs has documented substantial spikes in ransomware variant growth in recent years, largely fueled by the adoption of Ransomware-as-a-Service (RaaS). However, FortiGuard Labs found that fewer organizations detected ransomware in the first half of 2023 (13%) compared to this time five ye...

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