Week 11: Cyber Security Emerging Threats

This week I read an article by the wall street journal which talks about the Deloitte report which highlights a rise in ransomware attacks in 2024, fueled by ransomware-as-a-service models and nation-state groups using ransomware for both profit and distraction. Attackers increasingly use AI, especially large language models, to create convincing phishing campaigns, causing a surge in attacks. Despite law enforcement efforts, cybercriminals remain resilient, selling personal data on underground forums. The report urges organizations to stay vigilant, use intelligence-driven defenses, and strengthen public-private partnerships to combat these evolving cyber threats.

 By Fuchee Young

Source: https://deloitte.wsj.com/cio/cyber-threat-trends-a-ciso-guide-to-emerging-risks-113d986a

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