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AXIOS AND UNIT 42’S SAM RUBIN DISCUSS DISRUPTIVE CYBERATTACKS

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By Amelia Albanese
Dec 10, 2024
2 minutes
91 views
Company & Culture
Interview
Points of View
Predictions
Unit 42
Axios

Sam Rubin, SVP of Consulting and Threat Intelligence at Unit 42, recently spoke
with Sam Sabin, cybersecurity reporter at Axios, about the increasingly
destructive cyberattacks organizations face.

The article highlighted how threat actors are shifting their strategies from
traditional ransomware attacks to more disruptive methods designed to cripple
businesses' critical systems and cause extended downtime. While Unit 42 Incident
Response insights indicate that the volume of ransomware incidents in 2024 are
consistent with 2023, attackers are increasing the intensity of their attacks to
force companies into paying higher ransoms.

> If you're a [software-as-a-service] business, and you are absolutely shut down
> and hemorrhaging customers and hemorrhaging money, that's an incredibly
> painful situation.

- Sam Rubin in Axios

Recent attacks are highly targeted and sophisticated, as hackers accurately
identify the critical systems and dependencies of organizations. In one example
that Sam Rubin highlighted, an attack on a single vendor disrupted over 100
partner businesses, leading to weeks of business downtime. In another case, a
company losing millions daily from operational downtime quickly paid a ransom to
stop the financial fallout.


Sam Rubin, Unit 42's SVP of Consulting and Threat Intelligence

Ransomware groups, like Scattered Spider and BlackCat/ALPHV are at the forefront
of some of the most recent high-profile campaigns, leveraging advanced tools and
tactics, including generative AI, to target organizations. These groups are
weaponizing software vulnerabilities at scale and conducting highly targeted
phishing campaigns to obtain initial access into organizations, before targeting
their virtual machines in many cases. With destructive attacks on the rise,
heading into 2025, organizations must prioritize resilience and preparedness to
mitigate potential disruptions.

Find the full article following the conversation with Axios.

Unit 42 recently discussed this and more in our 2025 threat landscape
predictions, where Sam Rubin explored emerging cybersecurity challenges and
strategies for the coming year.

--------------------------------------------------------------------------------


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