In the first half of 2024 [1] [2], there was a significant increase in malware-based threats compared to the same period in 2023, with a notable spike in attacks observed between March and May.
Description
May alone saw a 92% increase in malware attacks year-on-year [1], with a total of 78,923 new variants identified. Threat actors are increasingly using sophisticated malware and delivery methods to bypass common security protocols [1], with PowerShell being exploited by over 90% of malware families to evade detection [1]. Additionally, encrypted threats surged by 92% [2], and attacks targeting Internet of Things (IoT) devices rose by 107% in the first half of 2024. Ransomware attacks have increased in North America and Latin America [1] [2], while showing a decrease in the EMEA region. Business email compromises (BECs) are now reported at a rate of 10 times for every ransomware incident [1], indicating a shift in the threat landscape [1].
Conclusion
These findings highlight the growing sophistication and prevalence of malware-based threats, as well as the need for enhanced cybersecurity measures to protect against such attacks. Organizations should prioritize security awareness training, implement robust security protocols, and regularly update their defenses to mitigate the risks posed by these evolving threats. Looking ahead, it is crucial for businesses to stay vigilant and proactive in addressing cybersecurity challenges to safeguard their data and operations.
References
[1] https://cybermaterial.com/malware-threats-surge-30-with-major-spike/
[2] https://www.infosecurity-magazine.com/news/malware-attacks-surge-30-per-cent/