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Monday, May 6, 2024

Cybercriminals locating more victims

Cybercriminals are expanding their targets to e-sports, satellite internet, edge computing and crypto wallets to reach more victims in the digital world, says Fortinet, a global cybersecurity company.

Rattipong Putthacharoen, senior manager for systems engineering at Fortinet, said cybercriminals are investing more time and strategy to prepare attacks through reconnaissance.

There will be a rise of crime-as-a-service offering, including malware-as-a-service, phishing and botnet-as-a-service and the sale of access to pre-compromised targets, he noted.

FortiGuard Labs foresees ransomware will get more destructive as it will combine with distributed denial-of-service (DDoS), which will create additional urgency for companies to pay up quickly, he said.

FortiGuard Labs expects to see new proof-of-concept (POC) threats targeting satellite networks as satellite-based…

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