Cybersecurity Insights: Riedel Networks‘ H2 2024 Incident Report

In its latest OOPS (Observations, Outlooks, Predictions & Strategy) report, Riedel Networks presents key security incidents and trends from the second half of 2024. The report reveals a significant rise in cyberattacks targeting European mid-market enterprises, with a notable increase in social engineering tactics, credential theft, and lateral movement via supply chain vulnerabilities.

Key takeaways:

  • 41% of recorded incidents originated from phishing or social engineering vectors.

  • Lateral movement through third-party services continues to be a favored path for attackers, especially in finance and logistics.

  • Zero-day exploits in network appliances and VPNs saw a 19% rise compared to H1 2024.

  • Companies with managed detection and response (MDR) services reduced breach impact time by an average of 53%.

Riedel Networks recommends increased investment in real-time anomaly detection, routine pentesting of edge devices, and cross-functional training across IT and operations teams. Their RED (Riedel Enterprise Defense) platform has proven effective in reducing incident response time and improving detection rates in complex hybrid networks.

For customers and partners, this data is a call to act—not only to improve technical defenses but to foster a culture of cyber awareness.

Read the full report here: https://riedel-networks.net/lp_whitepaper-oops-h2-2024