These Facts About Nation-State Cyberattacks Prove That They Aren’t Just a Government Problem Anymore
Throughout the US election season, the media was focused on nation-state cyberattacks and the possibility of those threat actors affecting the outcome of the US elections. But what often gets glossed over is the potential for economic and defensive harm on a large scale presented by this threat. As shadowy cybercrime gangs step up their efforts, even interfering in COVID-19 vaccine research, it’s clear that nation-state cyberattacks against public and private sector targets are here to stay – and that fact that needs to become a part of every company’s risk calculus immediately.
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10 Essential Facts About Nation-State Cyberattacks
Nation-state cybercrime gangs are especially problematic for businesses because they’re not just your average hackers. These threat actors are sophisticated, practiced, and innovative, with deep playbooks and access to cutting-edge technology to facilitate their attacks – and they’ve got their fingers in every pie. They’re patient and willing to do slow, personalized work to take down the right targets because they’re motivated by ideology instead of profit, making them especially dangerous.
Keep these facts in mind as you explore the danger that nation-state hackers could pose to your business:
- Over 90% of security alerts released by Microsoft about nation-state cyberattacks in 2020 warned of danger against non-governmental or infrastructure targets.
- Just over 60% of nation-state activity zeroed in on IT organizations.
- The next most common targets were commercial facilities, critical manufacturing, financial services, and the defense industrial base.
- Over a dozen states that are ranked by international relations experts as hostile to the United States and its allies are actively involved in launching offensive nation-state sponsored cyberattacks.
- Ransomware is the most commonly used tool of nation-state cybercriminals.