PRESS RELEASE
London, UK. 24th April 2024: Performanta, the multinational cybersecurity agency specialising in serving to firms transfer past safety to realize cyber security, has uncovered a pattern in how creating international locations are being focused by nation state actors.
The agency’s evaluation explored the origins and traits of Medusa, a ransomware-as-a-service focusing on organisations globally. The patterns recommend that creating international locations are hit first with a pattern that exhibits a rising affect on developed international locations. It implies that ransomware actions aren’t solely random and a technique is in place to give attention to organisations inside creating international locations as their preliminary targets.
Guy Golan, CEO and Executive Chairman of Performanta, states: “Our analysis suggests that BRICS nations, and particularly the African continent, have become a testing ground for nation-state attacks. In order to achieve a more cyber safe environment for all organisations globally, we need to increase awareness of this growing issue. It is only through understanding the trends and patterns of geopolitical cyber warfare that will enable us to bring clarity to the global threat landscape.”
Performanta’s analysis has delved into exactly how attackers are utilizing Africa, and the extent to which the area is beneath main risk.
In South Africa, a 10-year assessment of the cyber risk panorama discovered that essentially the most prevalent perpetrators of attackers had been educated hackers, and the highest three most certainly focused industries on the continent are finance, manufacturing and power. This poses a major problem, with the typical profitable nation-state-backed cyber assault costing a median of $1.6 million per incident.
Performanta’s report additionally reveals a big improve in monetary/banking trojans with a 59% improve in Kenya and a 32% improve in Nigeria throughout a single quarter.
Golan continues: “Attackers likely perceive attacking Africa to have fewer risks to themselves than directly attacking the West, and as a bridge to the Western world, it’s likely that methods are tried and tested in Africa first, before being deployed across developed countries later. As an emerging economy, Africa may have become an entry point for attackers aiming to access and disrupt Western assets indirectly. No matter the reasoning, the West and Africa must implement long-term collaborative efforts to build a strong defence against this threat.”
With a robust foothold in each South Africa and the UK, Performanta is uniquely positioned to bridge the hole between nations to kind a cyber secure defence in opposition to nation-state enemies.
For extra data or to learn Performanta’s full report, obtain right here.
About Performanta
Performanta is a multinational firm that specialises in cyber security. Founded in 2010, we now have grown to over 180 safety professionals. We present threat and resilience consulting, managed detection and response, and steady risk publicity administration providers, with a human contact. Our focus extends past your safety controls, to your wellbeing. We work tirelessly with purchasers to handle the cyber safety dangers.
Performanta is a number one Microsoft Solutions Partner. We have been nominated by Microsoft to hitch its Intelligent Security Association (MISA), a worldwide group comprising 300 of its most proficient companions.
Performanta is permitted to design, develop and function safety options for on-premises and cloud service customers. We specialize in Managed Extended Detection & Response (MXDR), Identity and Access Management, and Threat Protection.
We work with enterprises throughout many business sectors, that require a cyber security service. Operating from the UK, South Africa, North America and continental Europe, our groups ship international providers with a neighborhood really feel.