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2018 Press Releases

March 07, 2018

SonicWall Cyber Threat Report Illustrates Intense Cyber Arms Race; Cyber Attacks Becoming No. 1 Business Risk

SonicWall, announces research and intelligence from its 2018 Cyber Threat Report. In sum, the company recorded 9.32 billion malware attacks in 2017 and saw more than 12,500 new Common Vulnerabilities and Exposures (CVE) reported for the year.
 
“The cyber arms race affects every government, business, organization and individual. It cannot be won by any one of us,” said SonicWall CEO Bill Conner. “Our latest proprietary data and findings show a series of strategic attacks and countermeasures as the cyber arms race continues to escalate. By sharing actionable intelligence, we collectively improve our business and security postures against today’s most malicious threats and criminals.”
 
“Enterprises across the board are going digital at an accelerated pace in Asia, but security still remains a top concern for them as cyber attacks become more prevalent and disruptive,” commented Wias Issa, Vice President and General Manager, Asia Pacific and Japan, SonicWall. “We work closely with all our customers to arm them with proper security solutions that are layered, integrated, intelligent and versatile, ready to take on evolving attack variants.”
 
The annual threat report frames, compares and contrasts advances made by both cybersecurity professionals and global cybercriminals.

  • Cyber attacks are becoming the No. 1 risk to business, brands, operations and financials
  • 9.32 billion total malware attacks in 2017, an 18.4 percent year-over-year increase from 2016
  • Ransomware attacks dropped from 638 million to 184 million between 2016 and 2017; Asia Pacific accounts for 7 percent of the attacks in 2017
  • Ransomware variants, however, increased 101.2 percent. In Asia Pacific, Nemucod accounts for 65 percent of the ransomware variant, followed by WannaCrypt at 14 percent, Locky at 13 percent, and Cereber at 4 percent
  • Traffic encrypted by SSL/TLS standards increased 24 percent, representing 68 percent of total traffic
  • Without SSL decryption capabilities in place, the average organization will see almost 900 attacks per year hidden by SSL/TLS encryption
  • SonicWall identifies almost 500 new previously unknown malicious files each day

 
“The risks to business, privacy and related data grow by the day — so much so that cybersecurity is outranking some of the more traditional business risks and concerns,” said Conner.