Cybercrime makes up a majorityof the malicious activity onlineand occupies the majority of defenders’ resources. In 2024, Mandiant Consulting responded to almost four times more intrusions conducted by financially-motivated actors than state-backed intrusions. Despite this overwhelming volume, cybercrime receives much less attention from national security practitioners than the threat from state-backed groups. While the threat from state-backed hacking is rightly understood to be severe, it should not be evaluated in isolation from financially-motivated intrusions.
hospital disrupted by a state-backed group using a wiper and a hospital disrupted by a financiallymotivated group using ransomware have the same impact on patient care. Likewise, sensitive data stolen from an organization and posted on a data leak site can be exploited by an adversary in the same way data exfiltrated in an espionage operation can be. These examples are particularly salient today, as criminals increasingly target and leak data from hospitals. Healthcare’s share of posts on data leak sites has doubled over the past three years, even as the number of data leak sites tracked by GTIG has increased by nearly 50% year over year. The impact of these attacks mean that they must be taken seriously as a national security threat, no matter the motivation of the actors behind it.