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SonicWall Cyber Threat Report Illustrates Intense Cyber Arms Race; Cyber Attacks Becoming No. 1 Business Risk
 

SonicWall, the trusted security partner protecting more than 1 million networks worldwide, announces research and intelligence from its 2018 Cyber Threat Report. In sum, the company recorded 9.32 billion malware attacks in 2017 and saw more than 12,500 new Common Vulnerabilities and Exposures (CVE) reported for the year.

“The cyber arms race affects every government, business, organization and individual. It cannot be won by any one of us,” said SonicWall CEO Bill Conner. “Our latest proprietary data and findings show a series of strategic attacks and countermeasures as the cyber arms race continues to escalate. By sharing actionable intelligence, we collectively improve our business and security postures against today’s most malicious threats and criminals.”

The annual threat report frames, compares and contrasts advances made by both cybersecurity professionals and global cybercriminals.

Cyber attacks are becoming the No. 1 risk to business, brands, operations and financials
9.32 billion total malware attacks in 2017, an 18.4 percent year-over-year increase from 2016
Ransomware attacks dropped from 638 million to 184 million between 2016 and 2017
Ransomware variants, however, increased 101.2 percent
Traffic encrypted by SSL/TLS standards increased 24 percent, representing 68 percent of total traffic
Without SSL decryption capabilities in place, the average organization will see almost 900 attacks per year hidden by SSL/TLS encryption
SonicWall identifies almost 500 new previously unknown malicious files each day

“The risks to business, privacy and related data grow by the day — so much so that cybersecurity is outranking some of the more traditional business risks and concerns,” said Conner.

Security Industry Advances

Total ransomware attack volume declines.

Even with WannaCry, Petya, NotPetya and Bad Rabbit ransomware attacks stealing the headlines, the expectations of more ransomware attacks simply did not materialize as anticipated in 2017. Full-year data shows that ransomware attacks dropped from 638 million to 184 million between 2016 and 2017.

Volume marked a 71.2 percent drop from the 638 million ransomware attack events SonicWall recorded in 2016

Regionally, the Americas were victimized the most, receiving 46 percent of all ransomware attack attempts in 2017

Europe saw 37 percent of ransomware attacks in 2017

SonicWall Capture Advanced Threat Protection (ATP), a cloud-based, multi-engine sandbox, identified one new malware variant for every 250 unknown hits

SSL/TLS use increases again.

Web traffic encrypted by SSL/TLS standards made yet another significant jump in 2017. This shift has already given more opportunity for cybercriminals and threat actors to hide malicious payloads in encrypted traffic.

 

Encrypted SSL/TLS traffic increased 24 percent

SSL/TLS traffic made up 68 percent of total traffic in 2017

Organizations are beginning to implement security controls, such as deep packet inspection (DPI) of SSL/TLS traffic, to responsibly inspect, detect and mitigate attacks in encrypted traffic


Effectiveness of exploit kits impacted.

With most browsers dropping support of Adobe Flash, no critical flash vulnerabilities were discovered in 2017. That, however, hasn’t deterred threat actors from attempting new strategies.

 

SonicWall provided protection against Microsoft Edge attacks, which we observed grew 13 percent in 2017 over 2016


SonicWall also protects the most popular Adobe products — Acrobat, Acrobat DC, Reader DC and Reader — and we observed attacks against these applications were down across the board


New targeted applications (e.g., Apple TV, Microsoft Office) cracked SonicWall’s top 10 for the first time

Law enforcement turns the tide.

Key arrests of cybercriminals continued to help disrupt malware supply chains and impact the rise of new would-be hackers and authors.


Law enforcement agencies are making an impact by arresting and convicting malware authors and disruptors

Cybercriminals are being more careful with how they conduct business, including dynamic cryptocurrency wallets and using different transaction currencies

Cooperation between national and international law enforcement agencies is strengthening the disruption of global cyber threats


“Stabilizing the cyber arms race requires the responsible, transparent and agile collaboration between governments, law enforcement and the private sector,” said the Honorable Michael Chertoff, Chairman of the Chertoff Group, and former U.S. Secretary of Homeland Security. “Like we witnessed in 2017, joint efforts deliver a hard-hitting impact to cybercriminals and threat actors. This diligence helps disrupt the development and deployment of advanced exploits and payloads, and also deters future criminals from engaging in malicious activity against well-meaning organizations, governments, businesses and individuals.”  

 

Cybercriminal Advances

 

More unique types of ransomware found in the wild.

While the total volume of ransomware attacks was down significantly year over year, the number of ransomware variants created continues an upward trend since 2015. The variant increase, coupled with the associated volume of 184 million attacks, leaves ransomware a prevelant threat.

 

Ransomware variants increased 101.2 percent in 2017

SonicWall Capture Labs threat researchers created 2,855 new unique ransomware signatures in 2017, up from the 1,419 published in 2016

Ransomware against IoT and mobile devices is expected to increase in 2018


SSL encryption still hiding cyber attacks.
Hackers and cybercriminals continued to encrypt their malware payloads to circumvent traditional security controls. For the first time ever, SonicWall has real-world data that unmasks the volume of malware and other exploits hidden in encrypted traffic.

Encryption was leveraged more than previous years, for both legitimate traffic and malicious payload delivery

SonicWall Capture Labs found, on average, 60 file-based malware propagation attempts per SonicWall firewall each day

Without SSL decryption capabilities in place, the average organization will see almost 900 file-based attacks per year hidden by TLS/SSL encryption

“Industry reports indicate as high as 41% of attack or malicious traffic now leverages encryption for obfuscation, which means that traffic analysis solutions and web transaction solutions such as secure web gateways each must support the ability to decrypt SSL traffic to be effective,” wrote Ruggero Contu and Lawrence Pingree of Gartner.* 

Malware cocktails mixing things up.

While no single exploit in 2017 rose to the level of darknet hacker tools Angler or Neutrino in 2016, there were plenty of malware writers leveraging one another’s code and mixing them to form new malware, thus putting a strain on signature-only security controls. SonicWall Capture Labs uses machine-learning technology to examine individual malware artifacts and categorizes each as unique or as a malware that already exists.

SonicWall collected 56 million unique malware samples in 2017, a slight 6.7 percent decrease from 2016

Total volume of unique malware samples in 2017 was 51.4 percent higher than 2014

Chip processors, IoT are emerging battlegrounds.

Cybercriminals are pushing new attack techniques into advanced technology spaces, notably chip processors.

Memory regions are the next key battleground that organizations will battle over with cybercriminals

Modern malware writers implement advanced techniques, including custom encryption, obfuscation and packing, as well as acting benign within sandbox environments, to allow malicious behavior to remain hidden in memory

Organizations will soon need to implement advanced techniques that can detect and block malware that does not exhibit any malicious behavior and hides its weaponry via custom encryption

“Sandbox techniques are often ineffective when analyzing the most modern malware,” said SonicWall CTO John Gmuender. “Real-time deep memory inspection is very fast and very precise, and can mitigate sophisticated attacks where the malware’s most protected weaponry is exposed for less than 100 nanoseconds.”

 


Posted by : Dubai PR Network Editorial Team
Viewed 7893 times
PR Category : Others
Posted on : Thursday, March 8, 2018  12:06:00 PM UAE local time (GMT+4)
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