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BlackBerry Quarterly Threat Intelligence Report Finds Governments and Public Services Facing 40 Percent More Cyberattacks

August 03, 2023 06:30 PM AEST | By Businesswire India
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 BlackBerry Quarterly Threat Intelligence Report Finds Governments and Public Services Facing 40 Percent More Cyberattacks
Image source: Businesswire India
Business Wire India
BlackBerry Limited (NYSE: BB; TSX: BB) today released its latest Quarterly Global Threat Intelligence Report, highlighting a 40 percent increase in cyberattacks targeting government agencies and the public services sector, with the company’s AI-driven cybersecurity solutions stopping 55,000 individual attacks overall between March and May 2023.

“Governments and public services, such as public transit, electricity, water services, schools, and non-profit organizations, stand as unfortunate bullseyes for cybercriminals and other threat actors, whose attacks seek to wreak maximum havoc and who often times face very little resistance,” said Ismael Valenzuela, Vice President of Threat Research and Intelligence at BlackBerry. “With limited resources and immature cyber defense programs, these organizations are struggling to defend against the double pronged threat of both nation states and cybercriminals. Now, more than ever, they need access to actionable cyber intelligence to direct and strengthen their security strategies, while safeguarding the vital services, institutions, and trust upon which our societies thrive.”

Other highlights from the latest BlackBerry Global Threat Intelligence Report include:
  • Increase in Cyberattacks Per Minute: Over the past 90 days, BlackBerry stopped over 1.5 million attacks. Threat actors deployed an average of 1.7 new malware samples per minute, a 13 percent increase from the previous reporting period’s average of 1.5 new samples per minute, highlighting attackers’ work to diversify their tooling to bypass defensive controls.
     
  • Healthcare and Financial Services Industries Are Most Targeted: In healthcare, the convergence of valuable data and critical services presents a lucrative target for cybercriminals. BlackBerry stopped over 109,922 attacks across the healthcare sector over the past 90 days. As ransomware groups continue to target organizations in these industries with information-stealing malware, the report highlights the importance of securing patient data and safeguarding the delivery of essential medical services.
     
  • Mobile Malware on the Rise: Financial services institutions are facing persistent threats through smartphone-centric commodity malware, ransomware attacks, and the rise of mobile banking malware targeting the growing trend of digital banking services. The report explores cybersecurity challenges for the financial sector as threat actors exploit an online-banking-first mindset. 
     
To learn more, download a copy of BlackBerry’s Global Threat Intelligence Report at BlackBerry.com.

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Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC

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1914 translation by H. Rackham

"But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?"

1914 translation by H. Rackham

"But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?"

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