The increasing frequency of ransomware attacks is a significant challenge, as seen by the recent rise in APT groups with ties to Pakistan before the Indian elections and the disruption of significant Ransomware-as-a-Service (RaaS) operations.
The Seqrite report states that initial access brokers are selling more access to Indian entities (corporate and government) in the underground forums. This led to over 2900 disruptive actions in the first quarter of 2024 by over 85 Telegram hacktivist groups, including DDoS, website defacement, and database dumps. According to the report, there is one ransomware attack for every 650 detections.
The most recent findings paint a picture of increasing threats, with sophisticated attacks targeting governments, organisations, and individuals alike.
The report also highlighted a recent spike in cyberattacks by Pakistan-linked APT groups such as SideCopy and APT36 (Transparent Tribe) targeting not only the Indian government and military bodies, which is especially concerning given the ongoing elections, but also new spear-phishing campaigns such as Operation RusticWeb and FlightNight.
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