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Safe Mode Podcast

Trellix’s John Fokker on the latest cybercriminal snapshot

Sep 26, 2024
In a captivating discussion, John Fokker, Head of Threat Intelligence at Trellix and a leading expert on ransomware-as-a-service, shares insights on the evolving cybercrime landscape. AJ Vicens, a cybersecurity reporter, dives into the Snowflake breach, exploring how a notorious cybercriminal is facing increasing pressure from law enforcement. The conversation also highlights how AI is reshaping threat tactics, with criminals experimenting with new tools while law enforcement struggles to keep up. A must-listen for anyone interested in the future of cybersecurity!
40:09

Podcast summary created with Snipd AI

Quick takeaways

  • The ransomware landscape has shifted dramatically as active strains increased significantly due to law enforcement pressure, forcing criminals to adapt.
  • Cybercriminals are experimenting with generative AI for tactics like crafting convincing phishing emails, though the overall threat level remains stable.

Deep dives

The Snowflake Cyberattack Insights

A significant cyberattack on Snowflake's customers revealed a sophisticated method of stealing and collating login credentials using InfoStealer malware. This breach impacted up to 165 customers, including major enterprises like AT&T and Ticketmaster, highlighting the scale and severity of the attack. Mandiant, the cybersecurity firm involved, identified a key threat actor linked to this incident who has reportedly earned between $2 million and $2.7 million from extortion related to these attacks. This case underscores the continuous threat posed by cybercriminals who, despite being monitored, still engage in extortion attempts against large organizations.

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