Trend Micro presents A Time to React: Trend Micro Experts’ Reaction Series, a video series in which Trend Micro experts discuss evolutions in the threat landscape and how these developments impact our daily operations.
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The cybercrime economy is one of the runaway success stories of the 21st century — at least, for those who participate in it. Estimates claim it could be worth over $1trillion annually, more than the GDP of many countries. Part of that success is due to its ability to evolve and shift as the threat landscape changes. Trend Micro has been profiling the underground cybercrime community for several years. And over the past five, we’ve seen a major shift to new platforms, communications channels, products and services, as trust on the dark web erodes and new market demands emerge.
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According to American media unidentified hackers recently breached at least one US critical infrastructure. “Since May, hackers have been penetrating the computer networks of companies that operate nuclear power stations and other energy facilities.” (The New York Times, July 6th)
“Today we see more attacks on ICS, industrial control systems, and scada systems”, says Robert McArdle, EMEA Threat Research Lead at Trend Micro.
A large-scale ransomware attack reported to be caused by a variant of the Petya ransomware is currently hitting various users, particularly in Europe. This variant, which Trend Micro already detects as RANSOM_PETYA.SMA, is known to use both the EternalBlue exploit and the PsExec tool as infection vectors.