Security

Fileless Malware Attacks Surge by 900% and Cryptominers Make a Comeback, While Ransomware Attacks Decline

30 March 2021 – WatchGuard® Technologies’ latest Internet Security Report reveals that fileless malware and cryptominer attack rates grew by nearly 900% and 25% respectively, while unique ransomware payloads plummeted by 48% in 2020 compared to 2019. The WatchGuard Threat Lab also found that Q4 2020 brought a 41% increase in encrypted malware detections over the previous quarter and network attacks hit their highest levels since 2018. The report includes new insights based on endpoint threat intelligence following WatchGuard’s acquisition of Panda Security in June 2020.

Network attacks hit two-year high during pandemic despite shift to remote working

9 December 2020 – Network attacks and unique attack signatures both hit two-year highs between July and September this year, according to the latest Internet Security Report from WatchGuard Technologies. Findings from the research show that attacks detected grew to more than 3.3 million, representing a 90% increase over the previous quarter. The report reveals how COVID-19 has impacted the cyber security threat landscape, with evidence that attackers continue to target corporate networks despite the shift to remote working.

5 Digital Transformation-Driven Cybersecurity Considerations

On their road to recovery from the pandemic, businesses face unique dilemmas. This includes substantial and entirely necessary investments in digital transformation, however tight budgets are making such endeavors difficult if not impossible. Businesses continue to struggle with pivots like adopting new digital platforms, shifting their corporate model to resolve supply chain disruption and enabling a remote workforce.

The inability for businesses to quickly adopt technologies that support digital transformation processes, including identity-based segmentation, virtual desktop interfaces and full-stack cloud, is hindering their ability to adequately address new threats and even to test new security systems and protocols.

Essential Cybersecurity Questions Every Business Should Ask

According to the National Cyber Security Alliance, 70% of organizations that encounter a data breach are small businesses. The same study highlights that most companies neglect the importance of cybersecurity. Namely, only 33% of them have taken precautionary steps to mitigate data loss risks. 

A cyberattack can affect your business’ performance on multiple levels, from compromising your brand image to increasing your expenses.

Here are a few cybersecurity questions you should ask to protect your business.

Automation will shape cyber security for better and worse in 2021

24 November 2020: Researchers in WatchGuard Technologies’ Threat Lab are predicting that automation will play a major role in shaping cyber security attack and defense activities in 2021. Traditionally a high-investment, high-return targeted attack, WatchGuard predicts that automation tools will replace manual techniques to help cyber criminals launch spear phishing campaigns at record volumes, by harvesting victim-specific data from social media sites and company web pages. And as society continues to grapple with the impact of COVID-19, it is likely that these automated spear phishing attacks will prey on fears around the pandemic, politics and the economy.

Size Doesn’t Matter for Cybercrooks: Your Business is Next on the Hacking Block

Cybercrime is on the rise on an international scale, and no business or entity is safe. Large companies and multinational businesses may be high on cybercriminals’ list of targets, but that certainly doesn’t mean they’re the only entities affected. Small companies are being hard hit by criminal activities too.

VMware Global Report: Surge in Sophisticated Cyberattacks as eCrime Groups Grow More Powerful

Reading, UK. — 20th October, 2020 — VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today released the results of its sixth Global Incident Response Threat Report, entitled: “The Cybersecurity Tipping Point: Election, COVID-19 Create Perfect Storm for Increasingly Sophisticated Cyberattacks.”

Half of Organizations Experienced Security Incidents While Working Remotely, Reveals New Data

September 29, 2020 – SAN FRANCISCO – A new report from email security company Tessian reveals that 75% of IT decision makers believe the future of work will be remote or “hybrid” - where employees choose to split their time between working in the office and anywhere else they’d like. As businesses try to deliver a seamless hybrid experience, Tessian’s Securing the Future of Hybrid Working report reveals the security risks they must overcome and the pressures on IT teams.

A New Look for the Modern Workforce

WatchGuard Research Finds 12% Spike in Evasive Threats Despite Decrease in Overall Malware Volume

24 September 2020 – In its latest Internet Security Report, WatchGuard Technologies found that despite an 8% decrease in overall malware detections in Q2 2020, 70% of all attacks involved zero day malware - variants that circumvent antivirus signatures, which represents a 12% increase over the previous quarter.