The global threat landscape in cybersecurity has evolved over the last few years, but cybercriminals still rely on many of their tried-and-true methods. The reason is simple: these methods continue to be financially rewarding for them.
What has changed, however, is that new technologies, more resources, and decentralized defenses have given these criminals better tools to launch attacks more effectively and frequently. Recent breaches at major government agencies and businesses show how critical this issue is: sensitive information and essential operations are at risk. One small security mistake can open the door for cybercriminals to exploit vulnerabilities.
Take the 2023 cyberattacks at MGM Resorts, for example. Cybercriminals used a mix of simple and advanced techniques to breach the company’s defenses. Once they were inside the network, they could move around and gain higher levels of access, leading to the theft of sensitive information. Implementing basic cybersecurity practices, such as compartmentalization and separation of duties, could have reduced the impact of such a breach.
This example highlights the need for organizations to return to fundamental security measures to protect against growing threats.
Looking at a cybercriminal’s toolkit reveals some insights. Cybercrime has become easier, cheaper, and more scalable thanks to innovations in technology and business models. Tools like Metasploit and Cobalt Strike, along with malware-as-a-service offerings, allow even less experienced criminals to launch sophisticated attacks. Additionally, generative AI helps cybercriminals automate and enhance their efforts.
Hackers know that enterprises are using advanced threat detection techniques, so they develop strategies to evade these defenses. Threats are also targeting cloud infrastructures, exploiting misconfigurations, weak access controls, and unsecured credentials.
Cyberattacks are now a global issue; adversaries can launch attacks from anywhere in the world, often tailoring them to specific regions. Today’s cyber threats are truly international.
Organizations must revisit cybersecurity basics as a primary defense against these sophisticated threats. First, focus cybersecurity efforts on what affects your specific industry, technology, and region. Invest in technologies and strategies that address your biggest risks.
Controlling permissions is another key step. Cybercriminals who infiltrate an IT environment seek higher access levels by targeting admins. Limiting account privileges can minimize the potential damage.
Businesses should move away from human-managed passwords as the main authentication method. Machines can handle encrypted passwords, making it harder for hackers to compromise accounts. Multifactor authentication (MFA) adds another layer of security.
Adopting a “secure by design” approach is essential. Preventive measures are always better than cures. Set up IT tools and processes to be inherently secure without requiring extra efforts from users.
While these cybersecurity fundamentals may not be exciting, they are vital. They form the foundation necessary for any organization aiming to navigate the constantly changing global threat landscape. In cybersecurity, sticking to the basics pays off.