Ransomware, geopolitics, nation state and supply chain attacks rank as the biggest cyber threats

Published: Wednesday, 01 June 2022 08:43

The 2022 Infosecurity Group State of Cybersecurity Report, produced by Infosecurity Europe and Infosecurity Magazine looks at the views of cyber security leaders about the current threat landscape. This is the fourth in the series, which began in 2018, after a brief hiatus in 2021. 

This years’ top trends representing a departure from previous reports where they remained largely static. The 2022 study found that ransomware was the biggest trend among survey respondents (28 percent), surging ahead having not made the top three trends in 2020. This is closely followed by geopolitics/nation-state attacks (24 percent) and supply chain attacks (22 percent). Additional trends of interest included, cloud/multi-cloud security (21%), remote work and return (18 percent), deperimeterization and zero trust (15 percent), human factor (15 percent) and AI/ML (10 percent). 

Ransomware attacks have increased because they remain effective in not only locking up customer data, but bringing businesses to a halt and offering huge financial gain for the attackers. No other type of attack, other than, perhaps, a distributed denial of service (DDoS), can do such immediate and profound damage to an organization's bottom line.  

Geopolitical unrest was also a critical talking point in this years’ report with the war in Ukraine causing a shift in hostilities into cyberspace. Expectations for global change to address cyber warfare was heightened amongst the respondents.

Furthermore, supply chain security leapt from a tangential issue in the 2020 report to a top three trend this year. The discovery of the SolarWinds attack in December had huge repercussions as dozens of agencies and hundreds of companies found themselves compromised by malicious code that had been injected into the vendor's software.  

More details.