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Indian Companies Faced Malware Attacks, an Increase Over 48% Then 2018: Seqrite

Seqrite the endpoint and network security provider has revealed there has been 48% malware spike compared to 2018 making it obvious that enterprise cybersecurity is in danger. The malware count is said to be 146 million said the Seqrite Annual Threat Report 2020, identified by Quick Heal Technologies.

Malware attacks will continue to rise and evolve said the report. The Trojan invasion continued at 8 million counts across the year. The month of December & Q4 2019 in general, seeing the maximum attacks on enterprises. Real-Time Scanning capabilities detected and blocked maximum malware at 51%. Researchers observed that Manufacturing sector saw the maximum increase in attack. The report also highlighted two dreadful APT attacks targeted towards governments and critical national infrastructure viz. Operation m_project & Backdoor.

DTrack focuses on how cyber criminals were turning to newer, more nuanced attack methodologies to steal sensitive data of national importance.

Sectors Most at Risk

“With the latest Seqrite annual threat report, we want to empower CIOs, CISOs, business leaders and all key public stakeholders with the insights they need to combat the growing complexity of the threat landscape,” said Sanjay Katkar, Joint Managing Director and CTO, Quick Heal Technologies.

Observations from research:

Manufacturing, BFSI (banking, financial services and insurance), education, healthcare, IT/ITES, and the government were the most at-risk industries in the country, said the report from Seqrite, the enterprise arm of Quick Heal Technologies. Maximum malware were detected by the Real-Time Protection methodology for 2019. Behaviour-based malware detection technology was responsible for 23% signatureless detection in 2019. Trojan was the highest detected malware across 2018 & 2019 indicating its popularity with cyber attackers. MS-Security was the most potentially unwanted application for 2019.

The researchers observed that Advanced Persistent Threats (APTs) are an elite breed of cyberattacks designed to infiltrate high-value targets important to national governments such as the military, power grids, nuclear plants etc. The motive of these attacks is to stay undetected for a long period of time in order to monitor and steal extremely sensitive information.

(Image Courtesy: www.afcea.org)

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