Cyber Security News & Trends – 02-08-19


This week, SonicWall highlights how the UK is taking malware seriously, there is an investigation into new vehicles that are vulnerable to cyberattacks, and an update on the average price paid for ransomware.

SonicWall Spotlight

Bill Conner: How the UK Is Taking Malware Seriously – Information Age

  • SonicWall CEO Bill Conner was interviewed by Information Age editor Nick Ismail on the changing cybersecurity landscape, how malware can be region specific, the possibilities of cross-border collaboration, and more.

DCC Inks Distribution Deal With SonicWall

  • IT products distributor Drive Control Corporation (DCC) has been appointed as an official distributor for SonicWall in South Africa.

SMBs Need Layered Security to Defend Their Businesses – Forbes

  • Bill Conner, CEO of SonicWall, talks as part of the Forbes Technology Council on why small and medium businesses (SMBs) need layered cybersecurity. He argues that if you’re running an SMB online cybercriminals see you as an easy target and, without adequate investment in cyberdefenses, they might just be correct.

Cyber Security News

Is Your Car Hackable? Cybersecurity Experts Say It Might Be – USA Today

  • A modern car is full of small computers, but in a new survey of 15,900 IT security practitioners and engineers in the automotive industry, many acknowledged a huge number of flaws in the cybersecurity makeup of the vehicles. 62 percent of those surveyed say a malicious attack against automotive technologies is likely or very likely to occur in the next 12 months.

Trojan Malware: The Hidden Cyber Threat to Your PC – ZDNet

  • While Ransomware and cryptocurrency mining have been making the headlines recently, ZDNet investigates the quiet growth of Trojan malware – made possible by the huge number of recent breaches leading to targeted phishing emails.

Ransomware Victims Who Pay Cough up $6,733 (on Average) – BankInfoSecurity

  • A new report has found that in the fourth quarter of 2018 ransomware victims who paid the ransom spent, on average, $6.73; an increase of 13 percent from the previous quarter. Unsurprisingly Bitcoin is the preferred method of payment.

Two Hacker Groups Responsible for 60 Percent of All Publicly Reported Hacks – ZDNet

  • Blockchain analysis firm Chainalysis investigated publicly reported cryptocurrency exchange hacks and concluded that 60 percent could be traced back to two hacking groups.

True Crime: SamSam Ransomware I Am – SC Magazine

  • SamSam may not be the worst malware out there but its impact on enterprise cybersecurity became difficult to ignore in 2018. SC Magazine traces the history of the malware throughout the year.

Report: Nation-State Malware Attack Could Cripple US – BankInfoSecurity

  • A new report has concluded that without improved private and public data co-operation, the US is at risk of being crippled by well-made malware. The report recommends closer technical data sharing and action taken to improve communication between public and private entities.

A Hacker’s Take on Blockchain Security – Forbes

  • With Blockchain seen by some as the solution to cybersecurity problems, Forbes asks a black hat hacker to investigate with them just how true that is. They come across some less obvious stumbling blocks in blockchain security.

In Case You Missed It

SonicWall Staff