Tinexta Cyber and SentinelLabs have tracked threat activities targeting business-to-business IT service providers in Southern Europe. Based on the malware, infrastructure, techniques used, victimology, and the timing of the activities, researchers have assessed that it is highly likely a China-nexus threat actor conducted these attacks with cyberespionage motivations.
The relationships between European countries and China are complex and characterized by cooperation, competition, and underlying
cyberespionage (2)
Cybercrime and cyber espionage activity continue to multiply against all industries and sectors, causing financial and material damage to targeted networks. Cyber insurance has assisted in mitigating the impacts of cyber malfeasance, offsetting costs associated with recovering from cyber-attacks. A Government Accountability Office report found that the increasing severity and frequency of cyberattacks led more organizations to seek cyber coverage, which has been increasing in price as the volu
