Fortinet, a global leader in cybersecurity, has revealed the results of its 2024 threat landscape report for Jamaica, highlighting a surge in cyberattack attempts during the first half of the year. According to data from FortiGuard Labs, Fortinet’s threat intelligence and analysis unit, Jamaica experienced over 4 million attempted cyberattacks between January and June, with February witnessing the highest spike in malicious activity.
Carlo Caloca, Fortinet’s Regional Sales Manager for the English Caribbean, pointed out that the constantly evolving nature of cyber threats is raising the stakes for businesses in Jamaica. “Cybercriminals are becoming more specialised, using advanced evasion and recognition tactics that make them harder to detect,” said Caloca. “This increase in sophistication is boosting their chances of success.”
The Shifting Threat Landscape
While the report noted a 70% drop in ransomware detections compared to the same period in 2023, this is not necessarily a positive development. Attackers have moved away from mass ransomware distribution and are now targeting specific sectors with greater focus. In Jamaica, the industrial sector, which includes energy, healthcare, manufacturing, transportation, and logistics, was among the most frequently targeted.
Fortinet’s findings show that 44% of ransomware and wiper attacks in the first half of 2024 were directed at industrial entities. The shift from broad to targeted attacks makes it imperative for businesses in these industries to bolster their cybersecurity strategies.
Strengthening Cyber Defenses with AI and Threat Intelligence
To counter the rise in sophisticated attacks, Fortinet stresses the importance of adopting a coordinated, real-time cybersecurity approach powered by artificial intelligence (AI). “Organisations need to focus on enabling actionable threat intelligence across all security devices,” Caloca explained. “AI can help detect suspicious activities and initiate coordinated responses across an increasingly broad attack surface.”
In addition to AI-driven solutions, the report emphasizes the critical role of proactive threat monitoring. By identifying vulnerabilities before they can be exploited, businesses can implement timely defenses and better protect their digital assets, including IoT devices, remote access points, and core network infrastructure.
Human Error Still a Leading Threat
Despite advances in technology, human error remains one of the most significant contributors to successful cyberattacks. Phishing campaigns, in particular, continue to be a major entry point for cybercriminals. Ronald Donaldson, Senior Major Account Manager at Fortinet Jamaica, stressed the importance of ongoing education and awareness programs within organizations.
“Human carelessness is often the gateway for cyberattacks, especially through phishing schemes. Regular employee training on cybersecurity risks, coupled with continuous updates to infrastructure, can help reduce these vulnerabilities,” said Donaldson.
The Path Forward for Jamaica’s Cybersecurity
As cyber threats evolve, Fortinet’s report underscores the urgency for Jamaican businesses to adapt and enhance their cybersecurity measures. The integration of AI and machine learning, combined with comprehensive education on cyber risks, will be key to fortifying defenses against increasingly sophisticated attacks.
With 4 million cyberattack attempts in just six months, the message is clear: Jamaican organizations must be proactive in protecting their digital assets, adopting smarter, more agile cybersecurity strategies to stay ahead of emerging threats.
