A group of Chinese state-backed hackers is also launching financially motivated attacks for personal gain in what cybersecurity researchers call a “remarkable” deviation from a singular focus on espionage.
Why it matters: The group, dubbed Advanced Persistent Threat 41 (APT41), is known for having targeted the healthcare, high-tech, and telecommunications sectors in 14 countries ranging from the US to Turkey and South Africa.
The group is unique among China’s state-backed hackers for its use of tools typically reserved for espionage operations in missions that fall outside state control.
“APT41 carries out an array of financially motivated intrusions, particularly against the video game industry, including stealing source code and digital certificates, virtual currency manipulation, and attempting to deploy ransomware.”
—Cybersecurity researchers wrote in their report
Details: The researchers from cybersecurity firm FireEye said the group’s skills gained from cybercrime activities have ultimately supported its state-sponsored operations.
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The social media company on weekday same it's begun testing a less complicated methodology for users to reclaim their compromised accounts.
The move, initial reportable by web solutions services Instagram hacking Motherboard, permits users fastened out of their hacked accounts to invite a six-digit code to be sent to the e-mail address or sign originally accustomed open the account.
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Hackers have attempted to steal information from Chinese government employees by faking email login pages for several high profile agencies and state-owned enterprises, cybersecurity researchers say.
Why it matters: The apparent espionage attempt may be linked to an advanced persistent threat (APT) group, an organization that accesses private information for a prolonged period while remaining undetected.
The offensive began as early as the second half of 2018.
The hackers targeted China’s Ministry of Foreign Affairs, state planner the National Development and Reform Commission, and the Ministry of Commerce, among others.
“By stealing email credentials, and accessing internal email content, it would be possible to gain insight into what decisions are being made within the target organization and could lead to the theft of sensitive information.”
—Cybersecurity researchers said in a report published on Thursday
According to a new market research report "Advanced Persistent Threat (APT) Protection Market by Offering (Solutions (Sandboxing, Endpoint Protection, SIEM, IDS/IPS, and Next-generation Firewall) and Services), Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2025" published by MarketsandMarkets™, the APT Protection Market size in the post-COVID-19 scenario is projected to grow from USD 5.2 billion in 2020 to USD 12.6 billion by 2025, at a CAGR of 19.5% during the forecast period.The major factors driving the market include the increasing number of security breaches and advanced cyberattacks such as zero-day exploits, persistent threats, malware, and ransomware; stringent government regulations towards the adoption of APT protection policies; and proliferation of cloud-based APT protection solutions and services.Browse in-depth TOC on "Advanced Persistent Threat (APT) Protection Market”214- Tables41- Figures287- PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=7303302By organization size, the large enterprise segment to lead the market in 2020Large enterprises are organizations that have more than 1,000 employees.
Large enterprises are widely opting APT protection solutions and are expected to invest significantly in advanced APT protection solutions to provide optimum security to their enterprises’ intense competitive environment.
Organizations and businesses that possess large amount of sensitive and personal information such as BFSI, government, healthcare, telecom, and education institutions run the highest risks of being targeted by APTs.
Large enterprises have adopted APT protection solutions, as they use a large number of cloud and Internet of Things (IoT)-based applications that are highly susceptible to cyberattacks.
Moreover, stringent regulatory pressure is driving cyber risk awareness with the need for APT protection solutions.
For example, in the US, CCPA is one of the toughest data privacy law.North America is expected to hold the largest market size during the forecast period.North American has sustainable and well-established economies, which empower it to invest significantly in Research and Development (R) activities, thereby contributing to the development of new technologies in the APT Protection Market.