Seqrite detects 50 million cyber threats during H2 2018

The IT/ITeS industry had the maximum malware detections at 27%, followed by professional services (24.43%) and manufacturing (17.70%).
  • Published On Mar 13, 2019 at 12:42 PM IST

PUNE: Endpoint security provide Seqrite said that it had detected close to 50 million cyber threats during the second half of 2018. Cryptojacking malware was among the most prominent threats with over 15,000 hits detected every day as per the Seqrite Threat Report H2 2018. Seqrite is the cybersecurity division of Quick Heal Technologies. During the period, Seqrite detected close to 50 million threats targeting enterprises– or around 186 detections every minute. These detections included known and unknown threats such as cryptojacking, ransomware, trojans, exploits, worms, infectors, potentially unwanted applications (PUAs), and adware. The IT/ITeS industry had the maximum malware detections at 27%, followed by professional services (24.43%) and manufacturing (17.70%).

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Ransomware continued to get more sophisticated, with over 2000 detections daily. GandCrab, for instance, has evolved five times since it was first detected in January 2018, demonstrating why ransomware remain the most worrisome threat for organisations. There was also a sharp increase in the number of fileless malware, underlining the importance of robust, multi-layered defense that is rightly deployed and configured.

Sanjay Katkar, Chief Technology Officer, Quick Heal Technologies said, “The growing scale, speed, and sophistication of cyber-attacks underlines just how critical it is for enterprises to keep up with the developments within the global cybersecurity domain. The Seqrite Threat Report H2 2018 is aimed at identifying the latest enterprise security trends and emerging threats that affect the business ecosystem. The insights available in this report analyse various attack methodologies and tactics adopted by cybercriminals with the objective to empower organisations with an in-depth understanding of the level of threat that they are exposed to, and the measures they can take to defend themselves against advanced threats.”

The report also said that advanced persistent threats were likely to be made available as a service. In early 2018, the company had said that RaaS (Ransomware as a Service) will become the new pillar of MaaS (Malware as a Service). This is now happening with RaaS developers selling entire attack packages along with the intrusion mechanism for a lucrative cut. Seqrite expects this evolution to lead to the possibility of an as-a-Service model for Advanced Persistent Threats (APTs).

Malware authors will leverage generic loopholes in data-intensive sectors such as healthcare, BFSI, and cloud services to sell well-organized APT attack vectors to prospective threat actors. There is also the possibility of APTs being deployed against specific nation-states, large organizations, government agencies, law enforcement systems etc.

  • Published On Mar 13, 2019 at 12:42 PM IST
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