Press release
FortiGuard Labs Reports Tenfold Increase in Ransomware
Public and Private Sector Actions Are Gaining Momentum in Disrupting Cybercrime Supply Chains SUNNYVALE, Calif., Aug. 23, 2021 (GLOBE NEWSWIRE) -- Derek
About this update from Fortinet, Inc.
[{"type":"text","content":"Public and Private Sector Actions Are Gaining Momentum in Disrupting Cybercrime Supply Chains\nSUNNYVALE, Calif., Aug. 23, 2021 (GLOBE NEWSWIRE) -- Derek Manky, Chief, Security Insights & Global Threat Alliances, FortiGuard Labs“We are seeing an increase in effective and destructive cyberattacks affecting thousands of organizations in a single incident creating an important inflection point for the war on cybercrime. Now more than ever, everyone has an important role in strengthening the kill chain. Aligning forces through collaboration must be prioritized to disrupt cybercriminal supply chains. Shared data and partnership can enable more effective responses and better predict future techniques to deter adversary efforts. Continued cybersecurity awareness training as well as AI-powered prevention, detection, and response technologies integrated across endpoints, networks, and the cloud remain vital to counter cyber adversaries.” News Summary: Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated, and automated cybersecurity solutions, today announced the latest semiannual FortiGuard Labs Global Threat Landscape Report. Threat intelligence from the first half of 2021 demonstrates a significant increase in the volume and sophistication of attacks targeting individuals, organizations, and increasingly critical infrastructure. The expanding attack surface of hybrid workers and learners, in and out of the traditional network, continues to be a target. Timely collaboration and partnership momentum across law enforcement as well as public and private sectors is an opportunity to disrupt the cybercriminal ecosystem going into the second half of 2021. For a detailed view of the report, as well as some important takeaways, read the blog. Highlights of the 1H 2021 report follow: 1) Ransomware Is About Much More Than Just Money: FortiGuard Labs data shows average weekly ransomware activity in June 2021 was more than tenfold higher than levels from one year ago. This demonstrates a consistent and overall steady increase over a year period. Attacks crippled the supply chains of multiple organizations, in particular sectors of critical importance, and impacted daily life, productivity, and commerce more than ever before. Organizations in the telecommunications sector were the most heavily targeted followed by government, managed secur...