< Previous50 edge_ april 2024 A s we transitioned from one year to the next, numerous companies unveiled reports and research findings that offered insights into what the technological landscape of 2023 looked like. In a surprising, yet not-so-surprising turn of events, cybercrime numbers were through the roof. In 2023, hackers swooped in and made $1.7 billion from cryptocurrency platforms. Though it is a huge sum, it’s just a fraction of what’s happening in the shadowy world of cybercrime. According to Chainalysis, cyber bandits pulled off 231 hacking incidents last year, up from 219 in 2022. A significant portion of these breaches has been attributed to North Korea-linked organisations, a fact contradicted by official denial. Nevertheless, Chainalysis estimated their yield at over $1 billion. Qualys’ research reveals a substantial increase in disclosed vulnerabilities in 2023, surpassing the previous year by over 1,500 CVEs. Parallel to this, Kaspersky’s findings expose a concerning trend in the dark web, with nearly 40,000 posts facilitating the illicit trade of corporate information. This includes a notable rise in offers for access to corporate infrastructures, indicative of a growing market for pilfered data. These developments underscore the pervasive nature of cybercrime and its potential consequences for individuals and enterprises worldwide. However, amidst the escalating threat landscape, there exists an imperative for heightened awareness and proactive measures. But here’s the silver lining – awareness is key. By staying informed and vigilant, we can better protect ourselves against these digital predators. Whether it’s beefing up our cybersecurity measures or just being a little more cautious online, every little bit helps. Both individuals and organisations must fortify their cyber defences, leveraging robust security protocols and remaining vigilant against emerging threats. Additionally, collaborative efforts between industry stakeholders, law enforcement agencies, and regulatory bodies are essential in combating cybercrime effectively. As we try to navigate this cybercrime landscape, we should recognise the shared responsibility in safeguarding against cyber threats. Through collective action and a commitment to cybersecurity best practices, we can mitigate risks and foster a more secure digital ecosystem for all. “Awareness is key. By staying informed and vigilant, we can better protect ourselves against these digital predators” The invisible threat in the cyber world By Arya Devi Commercial Editor, edge backlogFor sponsorship enquiries: Priyanka Pillai Group Commercial Manager edge Middle East T: +971 4 444 3399 M: +971 52 576 0260 E: priyanka.pillai@itp.com For speaking opportunities: Sindhu Kashyap Editor edge Middle East T: +971 4 444 3497 E: sindhu.varadarayan@itp.com For event enquiries: Karishma Vithalani Senior Events Manager T: +971 4 444 3226 E: karishma.vithalani@itp.com BUILDING A GEN AI FRONTIER REGISTER INTEREST TO ATTEND SCAN TO VISIT WEBSITE itp.events/edgeDigitalFutureForum WEDNESDAY 12 TH JUNE 2024, DUBAI, UAEDual-Band MMMMeeesssshhhh AAAAXXX6660000000000 2.5G LAN PoE Capabble PPoorrtt Band Steering WWWiiiFFFiii Roammmmmmmmmmmmmiiiiiiingggggg Support 4x4:4 for both 2.4GHz and 5GHz, providing up to 6.0Gbps 1x 2.5GbE PoE-PD Utilize Transmission Opportunity with OFDMA Airtime Fairness Band Steering AP-Assisted Roaming Built-in Virtual Controller, manage VigorAPs (for wired and wireless nodes) when operating in Root mode, or managed by other Root VigorAP/Vigor Router Support managed by Router AP Management Support managed by VigorConnect/VigorACS www.draytek.com sales@draytek.com VigorAP 1062C 802.11ax Ceiling-mount APNext >