Light At The End Of The Tunnel
The frequency of ransomware attacks will be lower a half-decade from now as victim nations limit the ability of hackers to get paid via cryptocurrency and successfully apply pressure on Russia to stop harboring cybercriminals, according to Kevin Mandia, Mandiant’s CEO and board director.
Zero-days are increasingly in the hands of cybercriminals rather than just nations as hackers invest part of their proceeds from ever-growing ransom payments into coming up with new and more sophisticated attacks, Mandia said during an interview with CRN as well as a keynote address to the more than 4,000 in-person and virtual attendees of the Mandiant Cyber Defense Summit 2021 in Washington, D.C.
As large enterprises get better at quickly detecting zero-day attacks, Mandia said adversaries are turning to implanting source code in the software they obtain from third-party suppliers as an alternate point of entry into the business. From why implants are fair game for cyberespionage to why enterprises must scrutinize the risk profile of their suppliers, here’s what Mandia had to say about the threat landscape.