Crypto Scams Are Down 77% — But This Exploit Is Making a Huge Comeback.

Attackers of this kind are supposedly “big game hunting” large-scale organizations with deep pockets to extract ”the most money possible” out of these firms.

Important points from Attackers of this kind are supposedly “big game hunting” large-scale organizations with deep pockets to extract ”the most money possible” out of these firms:

1. Targeting large-scale organizations: These attackers focus on targeting large-scale organizations rather than individual users or small businesses. These organizations are often chosen due to their financial resources and potential for a higher payout.

2. Extracting maximum financial gain: The primary objective of these attackers is to extract the maximum amount of money possible from the targeted organizations. They employ various tactics, such as ransomware attacks or data breaches, to achieve their goal.

3. Deep pockets as an attractive target: Attackers view organizations with deep pockets as attractive targets because they have the financial means to pay significant ransoms or suffer substantial financial losses. This makes them more likely to succumb to the attackers’ demands.

Summary:

Attackers engaging in “big game hunting” specifically target large-scale organizations with the intention of extracting the most money possible. These attackers exploit vulnerabilities in the organizations’ systems and infrastructure, using tactics like ransomware attacks or data breaches. Organizations with deep pockets are particularly attractive targets due to their ability to pay significant ransoms or suffer substantial financial losses. It is crucial for these organizations to prioritize cybersecurity measures and invest in robust defense mechanisms to protect themselves from such attacks.