Verizon details cloud cybercrime roots in data breach report [telecom]

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By Louis Columbus

Upswings in ransomware and phishing, as well as cloud and web application attacks, mark the computing landscape today. Events like the Colonial Pipeline hack highlight the increased role threat actors play as they reinvent themselves to exploit newly found weaknesses.

Verizon's Data Breach Investigations Report for 2021 finds the world's threat actors have one thing in common. They all crave cold hard cash and are digitally transforming themselves fast to get it. Cloud apps, phishing, and ransomware are where the digital transformation begins.