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Sonicwall Cyber Threat Report 2019 Finds Escalation in Ransomware Attacks-As-A-Service

Global malware volume down by 20%, while ransomware attacks rise: SonicWall report.

Based on the real world data from more than 1 million international security sensors in more than 200 nations, SonicWall made public the discoveries from its mid-year update of the 2019 through the 'SonicWall Cyber Threat Report'.

With the global malware volume going down by 20%, researchers found a 15% increment in ransomware attacks comprehensively.

This expansion in ransomware-as-a service, open-source malware kits and cryptojacking utilized by cybercriminals comprised of the major highlights of the new data found.

"Organizations continue to struggle to track the evolving patterns of cyber-attacks — the shift to malware cocktails and evolving threat vectors — which makes it extremely difficult for them to defend themselves," said SonicWall President and CEO Bill Conner.

"In the first half of 2019, SonicWall Real-Time Deep Memory Inspection (RTDMI) technology unveiled 74,360 'never-before-seen' malware variants. To be effective, companies must harness innovative technology, such as machine learning, to be proactive against constantly-changing attack strategies,” he added later.

In the first part of 2019, SonicWall also observed a 55% increase in IoT attacks, a number that outpaces the initial two quarters of the previous year, all because organizations and purchasers keep on connecting devices to the web without appropriate safety measures.



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Cryptojacking

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