Threat Monitor Annual Report 2023

CONTENT

Foreword by Matt Hull, Global Head of Threat Intelligence ......................................................................... 2

SECTION 1 - Critical Events Timeline . .......................................................................................................... 4

SECTION 2 - Incidents of Note ....................................................................................................................... 10

SECTION 3 - Law Enforcement Interventions . ............................................................................................. 14

SECTION 4 - Incident Response Findings .................................................................................................... 20

SECTION 5 - SOC Findings ............................................................................................................................24

SECTION 6 - Ransomware Threat Landscape .............................................................................................. 28 Sectors...............................................................................................................................................................32 Industrials...........................................................................................................................................................33 Industries (Industrials)........................................................................................................................................34 Consumer Cyclicals...........................................................................................................................................35 Industries (Consumer Cyclicals)........................................................................................................................36 Technology.........................................................................................................................................................36 Industries (Technology)......................................................................................................................................38 SECTION 7 - Threat Actors .............................................................................................................................40 LockBit 3.0.........................................................................................................................................................43 Sectors Targeted................................................................................................................................................45 Industries Targeted............................................................................................................................................45 BlackCat.............................................................................................................................................................46 Sectors Targeted................................................................................................................................................47 Industries Targeted............................................................................................................................................47 CL0P..................................................................................................................................................................48 Sectors Targeted................................................................................................................................................49 Industries Targeted............................................................................................................................................49

SECTION 8 - Regions ......................................................................................................................................50

SECTION 9 - Vulnerability Landscape .......................................................................................................... 52

SECTION 10 - Global Conflicts . ..................................................................................................................... 56 Russian Invasion of Ukraine..............................................................................................................................57 Increased Attacks, Reduced Impact..................................................................................................................57 Influence and Information Operations ................................................................................................................ 57 Disruption and Hacktivism.................................................................................................................................58 Destructive Operations . .....................................................................................................................................58 Global Impact.....................................................................................................................................................59 Summary............................................................................................................................................................59 Israeli-Palestinian Conflict ..................................................................................................................................59

SECTION 11 - Threat Spotlight ....................................................................................................................... 60

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