Rethink security priorities

April 2019 News, Cyber Security

Trend Micro recently released its 2018 Security Roundup Report, which depicts a threat landscape that has evolved heavily through both approach and tactics. One shift in attacks that businesses should be aware of is the rapid growth of cryptocurrency mining, which increased 237%. Overall, attacks that capitalise on the human desire to respond to urgent requests from authority are on the rise, such as business email compromise (BEC) and phishing, with phishing URL detections having increased 269% compared to 2017.

“The changes across the threat landscape in 2018 reflect a change in cybercriminal’s mindset,” said Jon Clay, director of global threat communications for Trend Micro. “Today’s most prevalent attacks are targeted and well planned, as opposed to one-size-fits-all attacks of the past. Knowing this pattern, we’re developing products that can outsmart these attack methods and allow us to be one step ahead of the bad guys.”

The number of BEC attacks in 2018 increased by 28%. While these attacks are less frequent than phishing attacks, they are more sophisticated and take more careful planning for cybercriminals and they yield an average of $132 000 per attack. As these attacks contain no malware and go undetected by traditional security measures, companies need to increase their protection against these attacks with smart solutions that analyse the email writing style of key executives in order to identify whether the email may be fraudulent. Trend Micro’s Writing Style DNA does exactly that and effectively helps detect business email compromise (BEC) attacks.

Another area of change across the threat landscape in 2018 was seen in zero-day vulnerabilities. Trend Micro’s Zero Day Initiative (ZDI) bought and disclosed more vulnerabilities in 2018 than ever before, including 224% more industrial control system bugs. This is particularly significant for organisations that struggle to implement patches across their systems. While zero-day exploits are less and less common, known vulnerabilities were used to execute the largest attacks in 2018. These tactics rely on vulnerabilities that have had patches available for months, even years, yet remain exposed in corporate networks.

Another strong indicator of how the threat landscape is shifting can be seen in the types of threats that decline. Ransomware detections decreased by 91% compared to 2017, along with a 45% decrease in new ransomware families. This reinforces the shift in attack tactics, as ransomware does not require extensive planning, technical skills or ingenuity due to the large number of resources available for malicious hackers in the cybercriminal underground.

To find out more on the key developments in the 2018 threat landscape, please visit: https://www.trendmicro.com/vinfo/gb/security/research-and-analysis/threat-reports/roundup/advanced-defenses-for-advanced-email-threats




Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

TAPA: The role of an effective treasury function in business risk management
June 2019, Technews Publishing , News
Neil Le Roux, the Founder of Diligent Advisors will speak at the TAPA SA (Transported Asset Protection Association) annual conference on 26 July 2019.

Read more...
Platforms are us
September 2019, Technews Publishing , News
A conversation I had at the recent Residential Estate Security Conference Hi-Tech Security Solutions hosted in August (which will be reviewed in the October issue) got me to thinking about the security ...

Read more...
TAPA conference 2019 explores layered approach to security
September 2019, Technews Publishing, TAPA (Transported Asset Protection Association) , News, Transport (Industry)
The Transported Asset Protection Association (TAPA) held its annual South African conference at Emperors Palace in Johannesburg on 26 July 2019.

Read more...
Hennie Lategan joins Centurion as head of exports
September 2019, Centurion Systems , News, Access Control & Identity Management
Centurion Systems has announced the appointment of Hennie Lategan as the head of the company’s exports department.

Read more...
New Africa sales manager for Axis Communications
September 2019, Axis Communications SA , News, CCTV, Surveillance & Remote Monitoring
Axis Communications has appointed Brendon Hall, previously the founder and MD of Pentagon, as its new sales manager, Africa.

Read more...
Check Point appoints new regional director for Africa
September 2019 , News, Cyber Security
Check Point Software Technologies has appointed Pankaj Bhula as regional director for Africa.

Read more...
ISO standard for protecting personal data
September 2019 , News, Cyber Security
Tackling privacy information management head on: first ISO standard for protecting personal data has been published.

Read more...
Hikvision helps secure African Union Summit
September 2019, Hikvision South Africa , News, CCTV, Surveillance & Remote Monitoring
Hikvision established a complete intelligent video solution to ensure the security of the thirty-third African Union (AU) Summit held on 7 July in Niamey, the capital of Niger.

Read more...
The hunt for the Carbanak group
September 2019 , Editor's Choice, Cyber Security, News
Tomorrow Unlocked has released a free four-part documentary that tells the story of the notorious Carbanak APT group and its $1 billion bank heist.

Read more...
Rockwell Automation a founding member of ISA Global Cybersecurity Alliance
September 2019 , News, Industrial (Industry)
To better secure today’s complex and often vulnerable production operations, the ISA Global Cybersecurity Alliance recently announced Rockwell Automation as a founding member.

Read more...