ArmorWorks Enterprises Acquires Fox Valley Metal-Tech

 

BlackBerry Limited just released its newest Global Threat Intelligence Report, which shows that threat actors are targeting high-value data in the global financial sector. There were one million attacks recorded over a 120-day period. These attacks are mainly using common malware, suggesting that many independent actors are going after the industry for financial gain. Attacks on critical infrastructure, such as government, financial, healthcare, and communications industries, made up 62 percent of industry-related attacks from September to December 2023.

The BlackBerry Threat Research and Intelligence team saw a 27 percent increase in new malware, with 3.7 new malicious samples per minute stopped by their AI-powered cybersecurity solutions, up from 2.9 per minute in the previous period. Overall, BlackBerry's cybersecurity solutions prevented 31 attacks every minute, a 19 percent rise from the last period.

Ismael Valenzuela, Vice President of Threat Research and Intelligence at BlackBerry, noted, "We're seeing more attacks in lucrative industries using new malware. This type of malware often indicates specific motivations from threat actors targeting particular victims to bypass defenses. Traditional detection methods are no longer sufficient to tackle this complex issue. AI must be the primary tool for detection and defense against these evolving threats."

More Information : https://www.techdogs.com/tech-news/pr-newswire/armorworks-enterprises-announces-acquisition-of-fox-valley-metal-tech