cxo voice
  • Home
  • News
  • View Points
  • Leaders Talk
  • Cyber Security
  • AI
  • Blockchain
No Result
View All Result
  • Home
  • News
  • View Points
  • Leaders Talk
  • Cyber Security
  • AI
  • Blockchain
No Result
View All Result
Leaders Interview, IT and Technology News India | CXO VOICE
No Result
View All Result

Home » Cyber Security » Ransomware Grows 118% in 2019, McAfee Labs Report Shows Firms Face 504 New Threats per minute

Ransomware Grows 118% in 2019, McAfee Labs Report Shows Firms Face 504 New Threats per minute

Deepa Sharma by Deepa Sharma
August 28, 2019
Reading Time: 4min read
McAfee labs report 2019 ransomware cyberthreats by cybercriminals
Share on FacebookShare on TwitterShare on LinkedinShare via E-Mail

Firms facing challenge securing their data and and digital assets because cybercriminals continuously adopting new tactics and code innovations depending firms cybersecurity system. Latest McAfee Labs report in Q1 2019 data shows firms facing approx 504 new cyberthreats per minute. CSOs and cybersecurity leaders must be ready with advance and updated security model to combat any future cyberthreats.

McAfee labs report Q1 2019 shows New malware grows by 118%, New coin mining malware grows by 29%, New PowerShell malware grows by 460%, there are more than 2 billion stolen accounts credentials available on cybercriminals underground.

On McAfee labs report 2019 – Raj Samani, McAfee chief scientist, said, “The impact of these threats is very real, It’s important to recognize that the numbers, highlighting increases or decreases of certain types of attacks, only tell a fraction of the story. Every infection is another business dealing with outages, or a consumer facing major fraud. We must not forget for every cyberattack, there is a human cost.”

Cybercriminals using anonymous email system to manage their campaigns versus the traditional approach of setting up command-and-control (C2) servers. Using email system is perceived by threat actors to be a more anonymous method of conducting criminal business. 

McAfee Labs report 2019 shows the most active ransomware families is Dharma (also known as Crysis), GandCrab and Ryuk. There are many more ransomware families of the are Anatova, which was exposed by McAfee Advanced Threat Research before it had the opportunity to spread broadly, and Scarab, a persistent and prevalent ransomware family with regularly discovered new variants. Overall, new ransomware samples increased 118%.

Active ransomware family:

  • McAfee labs report 2019 ransomware cyberthreats by cybercriminals

McAfee labs report 2019 findings are follows

1. Attack vectors: Malware led disclosed attack vectors, followed by account hijacking and targeted attacks.

2. Cryptomining: McAfee labs report 2019 shows new coin mining malware increased 29%. McAfee ATR observed CookieMiner malware targeting Apple users, attempting to obtain bitcoin wallets credentials. As a byproduct, the malware also gained access to passwords and browsing data. Total coin mining malware samples grew 414% over the past four quarters.

3. Fileless malware: New JavaScript malware declined 13%, while total malware grew 62% over the past four quarters. New PowerShell malware increased 460% due to the use of downloader scripts. Total malware grew 76% over the past four quarters.

4. IoT: Cybercriminals continued to leverage lax security in IoT devices. New malware samples increased 10%; total IoT malware grew 154% over the past four quarters, shows McAfee labs report 2019. 

5. Malware overall: New malware samples increased by 35%. New Mac OS malware samples declined by 33%.

6. Mobile malware:  New mobile malware samples decreased 15%, total malware grew 29% over the past four quarters. 

7. Security incidents: McAfee Labs report 2019 counted 412 publicly disclosed security incidents, an increase of 20% from Q4. Thirty-two percent of all publicly disclosed security incidents took place in the Americas, followed by 13% in Europe and 13% in Asia-Pacific.

8. Regional Targets: Disclosed incidents targeting the Asia-Pacific region increased 126%, Americas declined nearly 3% and Europe decreased nearly 2%. 

9. Vertical industry activity: Disclosed incidents impacting individuals spiked 78%, education sector increased 50%, healthcare increased 18%, public sector decreased 10%, and financial sector increased 89%.

10. Targeted attacks: McAfee identified a high number of campaigns that effectively minimized the data reconnaissance required to successfully execute attacks. Actors primarily focused on large organizations in the Government/Administration sector, followed by Finance, Chemical, Defense, and Education sectors.

Underground. Biggest dark market, Dream Market, announced its plan to close, citing a large number of distributed denial of service (DDoS) attacks.

Click here to read or download full pdf McAfee Labs Report 2019

  • Also Read: Fortinet Threat Landscape Report Demonstrating Continued Increase In Cyberattacks
Tags: cyberattacksCybercriminalscybersecuritymcafee labs reportMcAfee labs threat report 2019Ransomware
Deepa Sharma

Deepa Sharma

Senior Writer and Editor at CXO VOICE, She covers technology, cybersecurity, and financial and other tech news and updates. She can be reached at "[email protected]"

Related Posts

Banking cybersecurity
Cyber Security

Why Banks and NBFCs must exercise extra cybersecurity measures during festival times?

December 11, 2020
Enterprises, and MSMEs IoT
Leaders Talk

IoT is now seen as an essential enabler for the enterprises to be future ready : Joyjeet Bose

November 30, 2020
Cyber Security Awareness
Cyber Security

Five Ways To Enhance Cyber Security Awareness

November 18, 2020
Cloud Security and Digital Transformation, the Top Priority for Enterprises as Pandemic Drags On
Cloud

Cloud Security and Digital Transformation, the Top Priority for Enterprises as Pandemic Drags On

November 17, 2020
Why digital India is vulnerable to new-age cyber attacks
Cyber Security

Why digital India is vulnerable to new-age cyber attacks

November 6, 2020
Endpoints security
Cyber Security

Endpoints, the New Data Security Frontier in the age of WFH

September 28, 2020
XDR to Transform Enterprise Threat Detection & Response
Cyber Security

XDR to Transform Enterprise Threat Detection & Response

September 3, 2020
protect against insider threats: CyberSecurity practices
Cyber Security

How to protect against insider threats: CyberSecurity practices

August 18, 2020
Load More
Next Post
Wipro and Google Cloud adoption

Wipro Expands Partnership with Google Cloud to Accelerate Cloud Adoption for Enterprises

ADVERTISEMENT

Expert Views

Key Fintech Trends to look out for in 2021
Finance

Key Fintech Trends to look out for in 2021

January 8, 2021
Banking cybersecurity
Cyber Security

Why Banks and NBFCs must exercise extra cybersecurity measures during festival times?

December 11, 2020
impact of Covid-19 on retirement planning
Insurance

The impact of Covid-19 on retirement planning

December 1, 2020
Cyber Security Awareness
Cyber Security

Five Ways To Enhance Cyber Security Awareness

November 18, 2020
Low Code: Transforming Banking, Today and Tomorrow
Banking

Low Code: Transforming Banking, Today and Tomorrow

November 9, 2020

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Inerviews

Enterprises, and MSMEs IoT
Leaders Talk

IoT is now seen as an essential enabler for the enterprises to be future ready : Joyjeet Bose

-
Security While Working Remotely interview with Filip Coftas
Cyber Security

Security While Working Remotely [Interview]

-
Akita Security Device Help you Protect your Security During COVID-19 [Interview with Zakir Hussain]
COVID-19

Can Akita Security Device Help you Protect your Security During COVID-19 [Interview]

-
digital transformation and customer experience Newgen software
Interview

Digital Transformation Journey helps Newgen Software Improve Customer Experience [Interview]

-

Entrepreneur

Technology Adoption For Entrepreneurs

Volunteering management is the need of the Hour

Significance Of Ethical Entrepreneurship In The Post COVID-19 Economy

Five tips for entrepreneurs to tide over the coronavirus crisis

CXO VOICE is a premier resource for the enterprises, SMBs and Startups CXOs and business leaders, It enables CXOs and business executives gain access key insights, experts views, analysis, business strategy, and leaders interviews on what’s happening in the market and its impact.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

[email protected]

Newsletter

Subscribe to our mailing list to receives newsletter direct to your inbox!

  • Home
  • About
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

© 2018 CXO VOICE

No Result
View All Result
  • Home
  • News
  • View Points
  • Leaders Talk
  • Cyber Security
  • AI
  • Blockchain

© 2018 CXO VOICE