In line with this philosophy, CrowdStrike has developed automated anti-cyber crime services aimed at helping organisations to improve defences particularly against financial cyber attacks. This is in response to a 700% increase in the detection of ransomware through the Falcon Host Platform in the first half of 2016.
This increase demonstrates the popularity of ransomware as the attack of choice for criminal actors, with these threats affecting enterprises of all sizes.
CrowdStrike said dozens of variants of ransomware emerged during that same time period, with each seeking to implement novel features to evade traditional security tools.
Defending against ransomware and other financial threats, such as the Dridex banking Trojan , requires intelligence and security systems that can operationalise that intelligence, said CrowdStrike.
“In addition to the massive uptick in ransomware, we have seen an increase in business email compromise [also known as whaling and CEO fraud],” said Meyers.“This is where threat actors are understanding what the financial organisation inside businesses of all sizes looks like to create realistic-looking phishing emails to convince people to transfer millions of dollars into their accounts.”
As a result, the security firm has announced that it is expanding its eCrime offerings to support broader, premium subscription options for Falcon Intelligence and threat intelligence customers.