Hall of Hacks Q4 – 2024
The Good, The Bad, and The Ugly of cybersecurity in Q4 2024
Welcome back to Hall of Hacks Weekly
Every quarter, we publish our comprehensive Hall of Hacks report, spotlighting The Good, The Bad, and The Ugly of the global cybersecurity landscape. Today, we're excited to release the full Q4 2024 edition, packed with threat intelligence, policy updates, breach analysis, and judicial actions from around the world.
This is your go-to resource for understanding what shaped cybersecurity in late 2024 and what’s coming next. Download the full Hall of Hacks Q4 2024 report now.
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Cybersecurity in Q4 2024: What You Need to Know
Here are the biggest takeaways from this quarter’s Hall of Hacks:
The Good
$ 700M+ raised by top cyber firms, including Cyera ($300M), Armis, and Halcyon.
121 M&A deals, led by Thoma Bravo’s $5.6B acquisition of Darktrace.
41 new cybersecurity policies were introduced globally, including the UN Cybercrime Convention and the EU's Cyber Resilience Act.
Strong early-stage funding in MSSP, GRC, and Cloud Security, highlighting investor confidence.
The Bad
478 recorded incidents, with Change Healthcare as the top victim (190M affected).
Microsoft reported the most vulnerabilities (587 CVEs).
New malware strains like BianLian and ransomware groups like Sarcoma and LockBit caused major disruption.
Critical ICS/OT vulnerabilities in ABB, Cleo, Rockwell, and Delta Electronics raise systemic concerns.
The Ugly
INTERPOL's record-breaking 5,500 arrests and $400M in asset seizures.
Roman Sterlingov was sentenced to 12 years for operating Bitcoin Fog.
Meta fined $280M in Q4’s largest single penalty.
Government and healthcare were the most affected industries, with over 225M records compromised.
What’s Coming in Q1 2025?
Starting next week, we’ll begin breaking down the Q1 2025 Hall of Hacks report into bite-sized weekly content. You'll get focused briefings on:
The most active ransomware groups and malware strains
The latest cyber regulations and compliance shifts
Major breaches and how they happened
Judicial actions and global law enforcement crackdowns
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