- BlackBerry’s (TSX:BB) latest global threat intelligence report reveals significant cybersecurity threats and new trends in the threat landscape
- Between July and September 2024, BlackBerry detected 600,000 attacks against critical infrastructure, with 45 per cent targeting the financial sector
- 430,000 attacks were specifically detected against commercial enterprise industries.
- BlackBerry Ltd. stock (TSX:BB) opened trading at C$5.85
BlackBerry’s (TSX:BB) latest global threat intelligence report reveals significant cybersecurity threats and new trends in the threat landscape.
Between July and September 2024, BlackBerry detected 600,000 attacks against critical infrastructure, with 45 per cent targeting the financial sector. 430,000 attacks were specifically detected against commercial enterprise industries.
The report provides an in-depth analysis of the behaviours of dangerous but lesser-known threat actor groups, exploring their methodologies and motivations. This quarter, the report also addresses threats in telecommunications infrastructure, offering strategies to better protect personal devices and secure communication practices.
“Our attack surface has never been wider, with threat actors and nation states broadening their horizons into cyber espionage attacks, while ransomware groups are becoming more sophisticated in their campaigns,” Ismael Valenzuela, vice president of threat research & intelligence at BlackBerry stated in a media release. “However, we’ve also never been better prepared. We have the tools, technology, and protocols to protect ourselves and mitigate the impact of attacks, and our industry is equipped to keep up with changes in threat actor methodology.”
The report features insights from BlackBerry’s continued partnership with the Royal Canadian Mounted Police’s National Cyber Crime Coordination Centre. Together, they share intelligence on the rise of new ransomware groups, top ransomware threats, and challenges for law enforcement in combating cyberattacks.
Highlights from the report
- Most targeted regions: North America and Latin America saw the highest volume of attacks and most instances of unique malware. APAC and EMEA were the second and third most targeted regions, respectively.
- Emerging threats: BlackBerry identified activity related to Lynx ransomware, the Coyote banking trojan, and threat groups RansomHub and Hunter’s International.
- Rise of deepfake threats: The growing use of AI-based scams has led to new regulatory frameworks, including the U.S. No AI Fraud Act and Canadian non-consensual media legislation.
- Geopolitical influences: Cybercrime is being used in human trafficking rings in Southeast Asia, and North Korean operatives are using deepfake technology and fake identities to infiltrate Western IT companies.
To read the latest global threat report, click here.
This follows BlackBerry’s recent global threat report from this past summer, which detected and stopped 3.1 million cyberattacks (37,000 per day) in Q1 2024, of which were said to be “more dangerous” than what had been dealt with before.
About BlackBerry Ltd.
BlackBerry offers intelligent security software and services to enterprises and governments worldwide. The company leverages AI and machine learning to deliver cybersecurity, safety and data privacy solutions.
BlackBerry Ltd. stock (TSX:BB) opened trading more than 2 per cent higher at C$5.85 and has climbed 63.89 per cent over the past three months.
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(Top image: BlackBerry)