The 2024 M-Trends report by Google Cloud’s Mandiant indicates that financially motivated cyber threats are the most prevalent risk, accounting for 55% of active threat groups, up from previous years. This growth underscores the profitability of cybercrime, which now includes more sophisticated tactics such as infostealer malware and the exploitation of Web3 technologies. Mandiant emphasizes the need for organizations to adopt proactive threat intelligence strategies due to the increasing automation and sophistication of cyber attacks propelled by AI.
Financially motivated threats are the leading cyber criminal activity worldwide, comprising 55% of tracked threat groups in 2024, showing an alarming increase year-on-year.
According to Mandiant, the evolution of cyber crime is characterized by increasing complexity, sophistication, and diversity in the threat landscape, especially in ransomware and data theft.
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