Summary: Google warns that cybercrime has become a national security threat and is increasingly linked to state-backed attacks, as shown in a report released prior to the Munich Security Conference. The research highlights a significant rise in financially motivated cyber intrusions while emphasizing the need for international cooperation to address the intertwined nature of cybercrime and state-sponsored hacking. Healthcare institutions are particularly vulnerable, with rising incidents of ransomware attacks impacting patient outcomes.

Affected: Google, Mandiant, healthcare institutions

Keypoints :

• Cybercrime is no longer isolated; state-backed groups exploit the cybercriminal ecosystem for their benefit.
• The volume of financially motivated attacks is increasing, overshadowing state-backed intrusions.
• Healthcare institutions face critical threats, with ransomware attacks impacting patient health outcomes.