India & UK Emerge as the Only Countries to Witness a Decline in Ransomware Attacks in SonicWall's Recent Report

By SiliconIndia   |   Monday, 01 April 2019, 05:13 Hrs
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India & UK Emerge as the Only Countries to Witness a Decline in Ransomware Attacks in SonicWall's Re

SonicWall, a Silicon Valley based network security products & solutions company, recently released the findings of its latest ‘SonicWall Cyber Threat Report – 2019’. As per the study, there was a significant & continued increase in the ransomware attacks across all countries, with India and UK being the only exceptions. Despite India witnessing a 49 percent reduction in malware attacks, India has a very daunting task ahead to efficiently combat malware attacks, as attacks had seen a massive 53 percent increase last year.

Commenting on the occasion Debasish Mukherjee, Country Director, SonicWall India & SAARC, says, “India is one of the fastest digitizing countries in the world today. SonicWall is here to partner Indian businesses as they build secure enterprises with solutions that focus on prevention rather than being remedial. With machine learning maturing for example, never seen before malware can be detected early on and advanced cyber security solutions can mitigate the threats. It is also encouraging to see the growing adoption of enterprise security solutions by the SME sector”.

The SonicWall Cyber Threat Report – 2019 provides in-depth analysis of the global cybersecurity landscape by deriving data from its over one million sensors from across the world. During the study, SonicWall analyzed 3.9 trillion events across 215+ countries, where the company’s threat researchers studied over 200,000 malicious events and malware samples daily to compare & document online criminal activity.

The survey also revealed that 3.9 trillion intrusion attempts were made globally, of which 10.52 billion malware attacks were blocked in 2018, and IoT attacks saw a massive 217.5 percent increase in 2018, raising a major concern among users regarding the connected devices and the security measures that those devise possess. Additionally the number of encrypted malware attacks saw a 27 percent YoY increase from 2017, amounting up to 2.8 million. Overall, ransomware attacks witnessed 11 percent increase YoY, while web app attacks increased by 56 percent.

SonicWall’s patent-pending Real-Time Deep Memory Inspection (RTDMI) identified 74,290 never-seen-before attacks in 2019. These attacks had no signature at the time of discovery and also comprised of multiple side-channel attacks, thus making them very unique and complex. Also, 19.2 percent of malware attacks used non-standard ports, and this technique saw a YoY increase of 8.7 percent.

“Cyber perpetrators are not letting up in their relentless pursuit to illegally obtain data, valuable information and intellectual property. We must be unyielding in this cyber arms race. Sharing vital threat information with our customers and partners provides them a tactical advantage. But it’s also important to arm those at the forefront of this battle with this intelligence, promote global awareness of the threat landscape and continue to facilitate important dialogue around today’s most prevalent cyber threats,” says Bill Conner, President & CEO, SonicWall.

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