Cybersecurity News & Trends – 12-03-21

SonicWall’s widely quoted threat reports are still pulling in massive attention from the US and European news organizations, helped along by the Agence France-Presse (AFP). Several news outlets also noted SonicWall’s launch of the Gen7 NGFW products and winning the Frost & Sullivan’s 2021 Global Competitive Strategy Leadership Award. Meanwhile, in Industry News, the FBI netted international arrests by selling a “secure” communication app, damage from ‘Double-Extortion’ ransomware rises 935%, and civilians find themselves in the crossfire of a rising cyberwar between Iran and Israel.

SonicWall in the News

China’s Missile Turducken

Politico: In 2019, security threat researchers at SonicWall Capture Labs estimated that ransomware gangs deployed 129.3 million malware attacks during the week of Thanksgiving, a 63% increase from the year before.

700M Attacks in 2021 and Counting: Can Businesses Fight the Ransomware Tsunami?

Toolbox: Asking whether businesses are investing enough into technology, or “organizational culture” is to blame, the writer observes surprise at the enormous rise in breaches this year. They also cite SonicWall’s recently released Q3 Threat Report. From the scale of the attacks, we get a peek into how cybercriminals leverage ransomware as their weapon of choice to hit anyone.

SonicWall Applauded by Frost & Sullivan

Business Chief: SonicWall is recognized for delivering excellent and reliable cybersecurity tools to worldwide organizations. The publication also mentions that Frost & Sullivan recognized SonicWall’s industry-leading network firewall solutions that enhance organizational security, efficiency, and reliability.

The True Cost Of Rising Cyber Threats

Forbes: The actual cost of ignoring rising cyber threats and ‘being too late’ is not lost on today’s business leaders, and cybersecurity is annually rated as a top priority for company IT budgets. SonicWall predicted that by the end of 2021, the ransomware attack total would be near 714 million, a 134% year-on-year increase.

Frost & Sullivan recognizes SonicWall

Yahoo Finance: Based on its recent analysis of the network firewall market, Frost & Sullivan recognizes SonicWall with the Frost & Sullivan’s 2021 Global Competitive Strategy Leadership Award for redefining and leading the network market roadmap.

Did the Cybersecurity Stakes Get Even Higher in 2021?

Government Technology: In 2021, cybersecurity will get more serious. Already a growing threat, ransomware exploded, with attacks becoming more frequent and costly. The volume of ransomware attacks against US targets rose 185 percent year over year in the first half of 2021, according to Internet security solutions provider SonicWall.

SonicWall’s new firewall models protect enterprises from the most advanced cyberattacks

ITWire: SonicWall adds three new firewall models— NSa 5700, NSsp 10700, and NSsp 11700—to its Generation 7 cybersecurity evolution, touted to be the most extensive product launch in the company’s 30-year history.

How to Cut Down on Data Breach Stress and Fatigue

Security Intelligence: If you’re tired of hearing the words’ data breach’, you’re not alone. It’s looking like 2021 might end up becoming the year with the most ransomware attacks on record. In August, SonicWall reported that the global ransomware attack volume had increased 151% during the first six months compared to 2020.

SonicWall’s new firewalls: Trimmed for throughput

Market Research Telecast: SonicWall adds the three firewalls NSa 5700, NSsp 10700 and NSsp 11700 to its cybersecurity portfolio MSSPs (Managed Security Service Providers). The design goal of the new products was primarily performance.

Act now to protect yourself against cybercrime, says former hacker Marshal Webb

Daily Record (UK): Cybercrime is a fast-growing threat to every organisation online. According to the 2021 SonicWall Cyber Threat Report, in the first half of this year, there were 304.7 million ransomware threats – a rise of more than 150% on the same time last year. Former hacker turned cybersecurity expert Marshal Webb is calling for organisations to protect themselves and their customers.

Cryptocrimes Proliferate: Ransomware, New Threat Campaigns

BankInfo Security: The cryptocurrency sector has witnessed ransomware incidents, malware campaigns and a cryptocurrency address-altering attack. SonicWall security researcher Dmitriy Ayrapetov said, “The new campaign is another example of how relentless cybercriminals are in their search for profit.”

Tech 2022 trends: Meatless meat, Web 3.0, Big Tech battles

AFP, Dunyan News (India): Cybersecurity company SonicWall wrote in late October: “With 495 million ransomware attacks logged by the company this year to date, 2021 will be the most costly and dangerous year on record.”

Trends for 2022: Big Tech battles

AFP, Manila Times (Philippines): The spike toward record ransomware attacks and data leaks in 2021 looks likely to spill over into the coming year. Cybersecurity company SonicWall wrote in late October: “With 495 million ransomware attacks logged by the company this year to date, 2021 will be the most costly and dangerous year on record.”

Tech 2022 trends: Web 3.0 and crypto, Big Tech battles

AFP, ET Telecom (India): After a year that made the terms like ‘work from home’ and metaverse instantly recognizable, cybersecurity company SonicWall reported that 495 million ransomware attacks were logged by the company this year. They said that “2021 will be the most costly and dangerous year on record.”

Industry News

How a Complicated Cybersecurity Story Got More Complicated

Slate: In one of the more unusual cybersecurity policing stories of the past year, the FBI announced in June that it had created its own company, called ANOM, to sell devices with a pre-installed encrypted messaging app to criminals. They marketed the ANOM app as providing end-to-end encrypted messaging, comparable to the security protections offered by services like Signal, WhatsApp, and iMessage. However, the messages were intercepted by law enforcement, which had designed the app for precisely that purpose. The effort’s success surprised even the FBI with more than 12,000 ANOM devices and services sold. The operation, named Operation Trojan Shield, led to the arrests of 800 people worldwide along with the seizure of contraband, 250 firearms, and more than $48 million.

Ransomware attack on Planned Parenthood steals data of 400,000 patients

ARS Technica: Hackers broke into a Planned Parenthood network and accessed medical records or sensitive data for more than 400,000 patients. The organization says that the intrusion and data theft were limited to Planned Parenthood’s Los Angeles chapter patients. Organization personnel first noticed the hack on October 17 and investigated.

‘Double-Extortion’ Ransomware Damage Skyrockets 935%

Threat Post: The ransomware business is booming, and researchers say that inadequate corporate security and a flourishing ransomware-as-a-service (RaaS) affiliate market are to blame. Access to compromised networks is cheap, thanks to a rise in the number of initial-access brokers, and RaaS tools can turn everyday petty crooks into full-blown cybercriminals in an afternoon for just a few bucks.

New Ransomware Variant Could Become Next Big Threat

Dark Reading: Yanluowang is one among numerous new ransomware variants that have surfaced this year. Just this week, Red Canary researchers reported observing a threat actor exploiting the ProxyShell set of vulnerabilities in Microsoft Exchange to deploy a new ransomware variant called BlackByte, which others, such as TrustWave’s SpiderLabs, have recently warned about as well.

Israel and Iran Broaden Cyberwar to Attack Civilian Targets

New York Times: Iranians couldn’t buy gas. Israelis found their intimate dating details posted online. As a result, the Iran-Israel shadow war is now hitting ordinary citizens. Millions of ordinary people in Iran and Israel recently found themselves caught up in the crossfire of a cyberwar between their countries. The escalation comes as American authorities have warned of Iranian attempts to hack hospitals’ computer networks and other critical infrastructure in the United States. As hopes fade for a diplomatic resurrection of the Iranian nuclear agreement, such attacks are only likely to increase.

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