In this year’s Annual Cyber Threat Monitor Report, we take a look back at the key events that shaped the cyber threat landscape in 2023, as well as looking ahead at the year to come, sharing insights from our Cyber Threat Intelligence team here at NCC Group. 2023 showed signs that the international community is beginning to take the threats from cyber adversaries more seriously. We saw several examples of coordinated law enforcement action against criminal groups, including key ransomware operators and individuals believed to be acting on behalf of foreign intelligence services.