Trend Micro report reveals more criminals drawn to low-profile attacks

Trend Micro report reveals more criminals drawn to low-profile attacks

Sivan Nir, Senior Analyst, Skybox Security Research Lab, makes her predictions for the year ahead

Trend Micro, a global leader in cybersecurity solutions, has released its Midyear Security Roundup 2018, revealing that cybercriminals are moving away from attention-grabbing ransomware attacks to more covert methods intended to steal money and valuable computing resources.

Cryptojacking attempts are making the biggest impact so far this year. Trend Micro recorded a 96% increase in cryptocurrency mining detections in the first half of 2018 compared to all of 2017, and a 956% increase in detections versus the same period in 2017. This indicates cybercriminals are shifting away from the quick payout of ransomware in favour of the slower, behind-the-scenes approach of stealing computing power to mine digital currency.

“The recent change in the threat landscape mirrors what we’ve seen for years – cybercriminals will constantly shift their tools, tactics and procedures (TTPs) to improve their infection rates,” said Bharat Mistry, Principal Security Strategist for Trend Micro. “Standard spray and pray ransomware attacks and data breaches had become the norm, so attackers changed their tactics to be more covert, using entry vectors not previously seen or used extensively. This means once again business leaders must evaluate their defences to ensure sufficient protection is in place to stop the latest and most pressing threats.”

Another shift in the first half of the year is toward unusual malware types, such as fileless, macro and small file malware. Trend Micro recorded a 250% increase in detections of one particular small file malware, TinyPOS, compared to the second half of 2017, which may be due to the increased ability of these malware types to circumvent defences that employ only one type of security protection.

Additionally, the Trend Micro Zero Day Initiative (ZDI) published more than 600 advisories in the first six months of 2018. Based on this increase in advisories, the ZDI is able to predict what types of vulnerabilities will likely be used next in real-world attacks.

Among the advisories this year, the ZDI purchased and disclosed twice as many SCADA vulnerabilities compared to the same time last year. IT security managers running these environments must stay alert to this growing threat, especially as actors begin to perform destructive attacks rather than mere reconnaissance and testing.

Faced with rapidly evolving threats, organisations need to consolidate using a vendor that can provide complete, multi-layered protection against both commodity malware and emerging threats.

Trend Micro’s leading threat intelligence collected over 30 years of business allows comprehensive protection, blocking more than 20 billion threats so far this year and counting.

For a complete look at the Midyear Security Roundup 2018, visit trendmicro.com/vinfo/us/security/research-and-analysis/threat-reports/roundup/unseen-threats-imminent-losses

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