Excite Cyber ECDC Threat Intelligence Report – Q4 2025

The fourth quarter of 2025 demonstrated an escalating convergence of nation-state espionage, ransomware innovation, and supply-chain exploitation across the Asia–Pacific region. As geopolitical tensions intensify and digital dependencies deepen, threat actors have pivoted from opportunistic attacks to systematic campaigns targeting trust architectures—identities, cloud infrastructure, and third-party integrations that underpin modern enterprise operations.