Ransomware has lately been the primary method of monetization for threat actors. Still, research has revealed a slight decrease in ransomware attacks and ransomware payments this past year, suggesting cybercriminals are evolving their strategies. Mariano Nunez Threat actors have been leveraging more discreet techniques to make a profit by directly targeting an enterprise’s crown jewels—enterprise resource planning (ERP) applications. We’ve already seen threat groups entering business applications and staying undetected for months while quietly siphoning millions of dollars. As enterprises accelerate their digital transformation projects, protecting their business-critical applications from threats directly targeting them should be of utmost importance. But while many organizations are prioritizing ERP application security, others are instead focusing on and investing heavily in traditional cybersecurity tools that only address more common threats, like ransomware. As ERP attacks increase this year, more organizations must ensure their security strategy takes these applications into account to keep their sensitive data and files. But first, it’s crucial that they understand what risks are threatening their ERP applications. There are numerous security risks that can leave business-critical applications vulnerable to cybercriminals. Here are three common business application security risks organizations should keep an eye out for this year and specific […]
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