Intelligent CISO Issue 58 | Page 22

Beyond the sale of ransomware and other Malwareas-a-Service offerings , new a la carte services will emerge . offerings , new a la carte services will emerge . CaaS presents an attractive business model for threat actors who can easily take advantage of turnkey offerings without investing the time and resources up front to craft their own unique attack plan .
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FORTIGUARD LABS PREDICTS CONVERGENCE OF ADVANCED PERSISTENT THREAT METHODS WITH CYBERCRIME

ortinet , a global

F leader in the cybersecurity field , has unveiled predictions from the FortiGuard Labs global threat intelligence and research team about the cyberthreat landscape for 2023 and beyond . Highlights of the predictions and key takeaways for CISOs can be found below :

1 . Success of RaaS is a preview of what ’ s to come with CaaS Given cybercriminal success with Ransomware-as-a-Service ( RaaS ), a growing number of additional attack vectors will be made available as-a-Service through the Dark Web to fuel a significant expansion of Cybercrime-as-a-Service ( CaaS ). Beyond the sale of ransomware and other Malware-as-a-Service

Beyond the sale of ransomware and other Malwareas-a-Service offerings , new a la carte services will emerge . offerings , new a la carte services will emerge . CaaS presents an attractive business model for threat actors who can easily take advantage of turnkey offerings without investing the time and resources up front to craft their own unique attack plan .

One of the most important methods to defend against these developments is cybersecurity awareness education and training .
2 . Reconnaissance-as-a-Service models could make attacks more effective As attacks become more targeted , threat actors will likely hire ‘ detectives ’ on the Dark Web to gather intelligence on a particular target before launching an attack . Reconnaissance-as-a-Service offerings may serve up attack blueprints to include detailed information to help a cybercriminal carry out a highly targeted and effective attack .
Luring cybercriminals with deception technology will be a helpful way to not only counter RaaS but also CaaS at the reconnaissance phase .
3 . Money laundering gets a boost from automation to create LaaS To grow cybercriminal organisations , leaders and affiliate programmes employ money mules who are knowingly or unknowingly used to help launder money . The money shuffling is typically done through anonymous wire transfer services or through crypto exchanges to avoid detection . Cybercriminals will soon start using Machine Learning ( ML ) for recruitment targeting , helping them to better identify potential mules while reducing the time it takes to find these recruits . Manual mule campaigns will be replaced with automated services . Money Laundering-as-a-Service ( LaaS ) could quickly become mainstream as part of the growing CaaS portfolio . And for the organisations or individuals that fall victim to this type of cybercrime , the move to automation means that money laundering will be harder to trace .
Looking outside an organisation for clues about future attack methods will be more important than ever to help prepare before attacks take place .
4 . Virtual cities and online worlds are new attack surfaces fuelling cybercrime The Metaverse is giving rise to new , fully immersive experiences in the online world , and virtual cities are some of the first to foray into this new version of the Internet driven by Augmented Reality technologies . While these new online destinations open a world of possibilities , they also open the
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