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                How Cybercriminals Are Adapting to Outwit Defenses and Rake in the Profits

                Key findings from Secureworks State of Cybercrime Report 2018

                Speaker: Alex Tilley - Senior CTU® Security Researcher
                Recorded: December 5, 2018
                Duration: 60 Mins

                Key findings from the report:

                • Ransomware is now more sophisticated than ever. Secureworks’ CTU researchers observed no less than 257 new and distinct ransomware families in 12 months
                • Cryptocurrency mining remains an extremely popular way for criminals to monetize access to infected computers. In 2017, at least one in three organizations experienced cryptocurrency mining activity on their network
                • Criminal gangs have combined advanced social engineering and network intrusion techniques with POS malware to generate millions of dollars of revenue through stolen payment card data. According to the FBI, business email compromise and business email spoofing alone have now generated $12B in financial losses since October 2013

                From July 2017 through June 2018, Secureworks Counter Threat Unit® (CTU) researchers analyzed incident response outcomes and conducted original research to gain insight into threat activity and behavior across 4,400 companies. Their findings, which include new data about who is conducting what types of attacks and why, will be shared in person by CTU experts on this webcast.

                We’ll examine a small subset of professional criminal actors responsible for the bulk of cybercrime-related damage worldwide and explain: how they’re leveraging the underground hacker economy, why they can’t be seen by researchers and law enforcement who monitor the dark web, and how we know their tools and techniques are as sophisticated, targeted and insidious as most nation-state actors.

                You’ll also learn how constant "background noise" from low-level criminality is impacting businesses around the world and see latest cost of stolen goods, hacking tools, and hacking services on the underground marketplace.

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                Secureworks (NASDAQ: SCWX) a global cybersecurity leader, enables our customers and partners to outpace and outmaneuver adversaries with more precision, so they can rapidly adapt and respond to market forces to meet their business needs. With a unique combination of cloud-native, SaaS security platform and intelligence-driven security solutions, informed by 20+ years of threat intelligence and research, no other security platform is grounded and informed with this much real-world experience.