threat actors

Cheryl Chiodi, Industry Strategist for Financial Services, Akamai

Gaining, or perhaps regaining and retaining customer trust should be a key concern for any financial services institution. Ensuring security is another cornerstone with cyberattacks costing 50% more for banks and financial services institutions (BFSIs) than all other industries combined, according to data from industry consortium the Financial Services Information Sharing and Analysis Center (FS-ISAC) and Akamai, which offers a suite of cloud computing, security, and content delivery services. Robin Amlôt of IBS Intelligence speaks to Cheryl Chiodi, Industry Strategist for Financial Services at Akamai

This week's episode:

Key Issue: Mitel devices targeted by an unknown actor with a zero-day exploit
Cybercriminals: Quantum Ransomware gang using Bumblebee malware to infect victims Nation-State: Chinese group targets Industrial Control Systems to deliver backdoor Hacktivists: Pro-Russian hackers target Norwegian companies through DDoS 

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Resources: 

Ransomware on a Rampage; a New Wake-Up Call (Forbes): https://www.forbes.com/sites/chuckbrooks/2021/08/21/ransomware-on-a-rampage-a-new-wake-up-call/?sh=5d7680d52e81

2022 Global Digital Trust Insights Survey (PwC): https://www.pwc.com/gx/en/issues/cybersecurity/global-digital-trust-insights.html 

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In this episode, host Bidemi Ologunde presented an overview of the relationship between nation-state threat actors whose main goals are to carry out the objectives of their governments using cyber tools, and individual cyber criminals whose main goal is to make money regardless of what they do online to get the money. He also showed some interesting linkages based on recent and previous information from court documents, news articles, some of his own confidential sources, and so on.

Please send questions, comments, and suggestions to bidemi@thebidpicture.com. You can also get in touch on LinkedIn, Twitter, the Clubhouse app (@bid), and the Wisdom app (@bidemi).

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