Covid-19 has forced many businesses to digitize their operations virtually overnight and adopt new security habits in a very short timeframe. In turn, cybercriminals have adapted to this new environment and have even become more efficient at finding and targeting vulnerable organizations.
This is according to a new report from BlackBerry, which details the cybersecurity landscape in the age of Covid-19.
We are witnessing a merging of cyber and physical threats, the report asserts, with criminals targeting healthcare organizations and using the pandemic as a hook to trick vulnerable citizens.
The report also states that the crimeware-as-a-service business model is growing more popular, as well as more sophisticated, because many hacker-for-hire groups have begun to collaborate.
With hackers equipped with more advanced tools, businesses everywhere are dealing with a whole new level of threat, with attacks becoming more frequent, skilful and targeted.
Ransomware, for example, is no longer used indiscriminately, but rather aimed at a select group of victims that are more likely to pay out.