From small-time scams to billion-dollar threats. [Research Saturday]
CyberWire Daily22 Feb 2025

From small-time scams to billion-dollar threats. [Research Saturday]

This week, we are joined by Selena Larson from Proofpoint, and co-host of the "Only Malware in the Building" podcast, as she discusses the research on "Why Biasing Advanced Persistent Threats over Cybercrime is a Security Risk." The cybersecurity industry has historically prioritized Advanced Persistent Threats (APTs) from nation-state actors over cybercrime, but this distinction is outdated as cybercriminals now employ equally sophisticated tactics. Financially motivated threat actors, especially ransomware groups, have evolved to the point where they rival state-backed hackers in technical capability and impact, disrupting businesses, infrastructure, and individuals on a massive scale. To enhance security, defenders must shift focus from an APT-centric mindset to a broader approach that equally prioritizes combating cybercrime, which poses an immediate and tangible risk to global stability. The research can be found here: Why Biasing Advanced Persistent Threats over Cybercrime is a Security Risk

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