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

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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.

“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.

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.

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.

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.

“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.

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.

“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.

Chip processors, IoT are emerging battlegrounds.

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

“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.”

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