Summary
This report presents an analysis of cybercrime trends observed in the first half of 2023, based on data collected from incident response engagements by Arete. It outlines significant shifts in the cyber threat landscape, including the rise and fall of various ransomware variants and changes in ransom demands and payments. The report highlights the increasing complexity of cybercriminal tactics, particularly in response to enhanced security measures adopted by organizations. Notably, the professional services sector emerged as the most targeted industry, with a marked increase in attacks attributed to the extortion group Luna Moth. The report also discusses the impact of artificial intelligence on cybercrime and the evolving methods of initial access used by threat actors. Additionally, it details the collaboration between law enforcement and cybersecurity organizations, which has led to successful operations against cybercriminal groups. The findings emphasize the ongoing evolution of cyber threats and the necessity for adaptive defense strategies.
