Today, businesses and individuals heavily rely on technology and this is the reason the importance of cybersecurity cannot be overstated. Cybersecurity firm Red Canary has lately come up with a report and reveals a concerning picture of the techniques used by cyber attackers. The report highlights a significant rise in the cloud account compromise segment as well as email forwarding rule abuse. This means that there is an immediate requirement to exercise proactive measures in safeguarding online threats.
Red Canary’s report states that the misuse of email forwarding rules has lately witnessed a leap jump. In 2023, about 600% rise was detected. Basically the adversaries are exploiting compromised email accounts to redirect sensitive communications. They are trying to manipulate payroll or wire transfer destinations. They reroute the funds into their own accounts. Hence, it is important to secure email systems and implement robust authentication protocols to safeguard from such unauthorized access in the future.
Similarly, there has been a tremendous rise of compromise of cloud accounts. It is now a serious challenge for organizations. Attackers are frequently targeting privileged credentials to gain unauthorized access to valuable accounts. They are stealing sensitive data stored in the clouds. As cloud infrastructure is gradually becoming an integral part of business operations, it is important for them to strengthen their security measures. They are suggested to closely monitor user access as well as permissions.
The Threat Detection Report of Red Canary simultaneously sheds light on a couple of other notable trends like the uptick in macOS threats as well as the continued prevalence of ransomware precursors. The report basically highlights the techniques used by cyber criminals and they are continuously upgrading their tactics. Hence, there is an urgent need for adaptive security strategies to minimize risks.
