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Trustwave SpiderLabs Exposes Unique Cybersecurity Threats in Public Sector - Trustwave, a leading cybersecurity and managed security services provider released a comprehensive report titled
Trustwave SpiderLabs Exposes Unique Cybersecurity Threats in Public Sector

 

NewswireTODAY - /newswire/ - Chicago, IL, United States, 2024/05/17 - Trustwave, a leading cybersecurity and managed security services provider released a comprehensive report titled "2024 Public Sector Threat Landscape: Trustwave Threat Intelligence Briefing and Mitigation Strategies" - Trustwave.com.

   
 
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The research dives deep into the distinct cybersecurity challenges facing the public sector and offers actionable insights and strategies for cybersecurity leaders to strengthen their defenses.

Cyberattacks threaten the stability and security that governments provide. Robust cybersecurity is essential to safeguard sensitive data and ensure the smooth operation of critical services citizens rely on, from national defense to infrastructure. Breaches can erode public trust, disrupt daily life, and even endanger lives in the case of attacks on critical infrastructure.

"The public sector continues to be a strong focus for highly motivated criminals, hacktivists, and nation-state-sponsored organizations," said Trustwave Global CISO Kory Daniels. "Breaches in the public sector extend beyond financial loss; they can be highly coordinated, malicious, multi-pronged digital and physical attacks. We've observed successful attempts to disrupt critical systems and services while disorienting operations that citizens rely on every day. This includes telecommunications, healthcare, trademark and patent systems, transportation, citizen PII data, law enforcement, and national security. A successful attack can shake the very foundations of society, erode trust in government, and create a climate of fear and uncertainty."

Trustwave SpiderLabs' latest research delves into the attack flow employed by threat groups, shedding light on their tactics, techniques, and procedures. The public sector faces a unique cybersecurity challenge due to a combination of factors including legacy systems, prioritizing public service over security, fragmented IT infrastructure, vast amounts of sensitive data, siloed information, limited budget resources, complex regulations, and being a target for international actors.

"It's particularly concerning how geopolitical motivations tap into the digital realm to perform espionage leveraging deepfakes, social media manipulation, and election interference,” continued Daniels. “As citizens, we entrust the government with vast amounts of our personal information, which is why public-private partnership is critical for defending individuals, businesses, and the government itself."

The Trustwave SpiderLabs report analyzes threat groups and their methods throughout the attack cycle, from initial foothold through to exfiltration. To ensure comprehensive coverage, the report examines cybersecurity challenges facing the public sector globally, encompassing government institutions and essential public services, a few key findings from the report include:

• Phishing is a leading threat in the public sector, responsible for a staggering 80% of initial access gained by attackers.
• 43% of ransomware attacks in the public sector were carried out by LockBit 3.0, with Medusa and Play accounting for 13% and 12%, respectively.
• Local governments are the most vulnerable public sector entities to ransomware attacks, accounting for 60% of incidents.

About Trustwave

Trustwave (trustwave.com) is a globally recognized cybersecurity leader that reduces cyber risk and fortifies organizations against disruptive and damaging cyber threats.

Trustwave’s comprehensive offensive and defensive cybersecurity portfolio detects what others cannot, responds with greater speed and effectiveness, optimizes its client’s cyber investment, and improves security resilience. Trusted by thousands of organizations worldwide, Trustwave leverages its world-class team of security consultants, threat hunters, and researchers, and its market-leading security operations platform to decrease the likelihood of attacks and minimize potential impact.

Trustwave is an analyst-recognized leader in managed detection and response (MDR), managed security services (MSS), cyber advisory, penetration testing, database security, and email security. The elite Trustwave SpiderLabs team provides industry-defining threat research, intelligence, and threat hunting, all of which are infused into Trustwave services and products to fortify cyber resilience in the age of inevitable cyber-attacks.

 
 
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Trustwave SpiderLabs Exposes Unique Cybersecurity Threats in Public Sector

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Threat Landscape | Trustwave SpiderLabs
Contact: Devon Swanson - Trustwave.com 
312-873-7500 devon.swanson[.]trustwave.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Trustwave securities in any jurisdiction including any other companies listed or named in this release.

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