Security News

SonicWall Research Finds Rise in IoT Attacks

Sonicwall has unveiled third-quarter threat intelligence report through September 2020, which says that cyber criminals’ growing use of ransomware, encrypted threats and attacks leveraging non-standard ports, while overall malware volume declined for the third consecutive quarter.

SonicWall President and CEO Bill Conner,  says, “For most of us, 2020 has been the year where we’ve seen economies almost stop, morning commutes end and traditional offices disappear.

However, the overnight emergence of remote workforces and virtual offices has given cybercriminals new and attractive vectors to exploit. These findings show their relentless pursuit to obtain what is not rightfully theirs for monetary gain, economic dominance and global recognition.”

SonicWall Capture Labs key findings include:

39% decline in malware (4.4 billion YTD); volume down for third consecutive quarter

40% surge in global ransomware (199.7 million)

19% increase in intrusion attempts (3.5 trillion)

30% rise in IoT malware (32.4 million)

3% growth of encrypted threats (3.2 million)

2% increase in cryptojacking (57.9 million)

Malware Volume Dipping as Attacks More Targeted, Diversified

SonicWall research concludes that overall global malware volume continues steadily decline in 2020. In a year-over-year comparison through the third quarter, SonicWall researchers recorded 4.4 billion malware attacks – a 39% drop worldwide.

Regional comparisons show India (-68%) and Germany (-64%) have once again seen a considerable drop-rate percentage, as well as the United States (-33%) and the United Kingdom (-44%). Lower numbers of malware do not mean it is going away entirely. Rather, this is part of a cyclical downturn that can very easily right itself in a short amount of time.

Ransomware Erupts, Ryuk Responsible for Third of All Attacks

Ransomware attacks are making daily headlines as they wreak havoc on enterprises, municipalities, healthcare organizations and educational institutions. While sensors in India (-29%), the U.K. (-32%) and Germany (-86%) recorded decreases, the U.S. saw a staggering 145.2 million ransomware hits — a 139% YoY increase.

Reserachers observed a significant increase in Ryuk ransomware detections in 2020.

SonicWall Capture Advanced Threat Protection (ATP), with patent-pending Real-Time Deep Memory InspectionTM (RTDMI), protects against all Emotet, TrickBot and Ryuk ransomware variants — in real time.

IoT Dependency Grows Along with Threats

Report also found that there is 30%somware, increase in IoT malware attacks, a ton)

(Image Courtesy:www.mabonsolutions.com)

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