The launch of the annual SonicWall Cyber Threat Report always reminds us why we’re in this business.

Our engineers and threat researchers dedicate months to the project in order to shed light on how people, businesses and organizations online are affected by cybercrime.

What they found is telling. Across the board, cyberattacks are up. Criminals aren’t relenting. Hackers and nefarious groups are pushing attacks to greater levels of volume and sophistication. And the 2019 SonicWall Cyber Threat Report outlines how they’re doing it and at what scale.

To understand the fast-changing cyber arms race, download the complimentary 2019 SonicWall Cyber Threat Report. The unification, analysis and visualization of cyber threats will empower you and your organization to fight back with more authority, determination and veracity than ever before. So, let’s take a look at what’s included.

Malware Volume Still Climbing

In 2016, the industry witnessed a decline in malware volume. Since then, malware attacks have increased 33.4 percent. Globally, SonicWall recorded 10.52 billion malware attacks in 2018 — the most ever logged by the company.

UK, India Harden Against Ransomware

SonicWall Capture Lab threat researchers found that ransomware was up in just about every geographic region but two: the U.K. and India. The report outlines where ransomware volume shifted, and which regions were impacted most by the change.

Dangerous Memory Threats, Side-Channel Attacks Identified Early

The report explores how SonicWall Real-Time Deep Memory Inspection^TM (RTDMI) mitigates dangerous side-channel attacks utilizing patent-pending technology. Side-channels are the fundamental vehicle used to exploit and exfiltrate data from processor vulnerabilities, such as Foreshadow, PortSmash, Meltdown, Spectre and Spoiler.

Malicious PDFs & Office Files Beating Legacy Security Controls

Cybercriminals are weaponizing PDFs and Office documents to help malware circumvent traditional firewalls and even some modern day network defenses. SonicWall reports how this change is affecting traditional malware delivery.

Attacks Against Non-Standard Ports

Ports 80 and 443 are standard ports for web traffic, so they are where many firewalls focus their protection. In response, cybercriminals are targeting a range of non-standard ports to ensure their payloads can be deployed undetected in a target environment. The problem? Organizations aren’t safeguarding this vector, leaving attacks unchecked.

IoT Attacks Escalating

There’s a deluge of Internet of Things (IOT) devices rushed to market without proper security controls. In fact, SonicWall found a 217.5 percent year-over-year increase in the number of IoT attacks.

Encrypted Attacks Growing Steady

The growth in encrypted traffic is coinciding with more attacks being cloaked by TLS/SSL encryption. More than 2.8 million attacks were encrypted in 2018, a 27 percent increase over 2017.

The Rise & Fall of Cryptojacking

In 2018, cryptojacking diminished nearly as fast is it appeared. SonicWall recorded tens of millions of cryptojacking attacks globally between April and December. The volume peaked in September, but has been on a steady decline since. Was cryptojacking a fad or is more on the way?

Global Phishing Volume Down, Attacks More Targeted

As businesses get better at blocking email attacks and ensuring employees can spot and delete suspicious emails, attackers are shifting tactics. They’re reducing overall attack volume and launching more targeted phishing campaigns. In 2018, SonicWall recorded 26 million phishing attacks worldwide, a 4.1 percent drop from 2017.

Exclusive cyber threat intelligence and analysis. Only from SonicWall Capture Labs.

Download the complete 2019 SonicWall Cyber Threat Report to gain new perspectives on cybercriminal attack strategies and understand how to properly defend your organization or business from the most sophisticated cyberattacks.

READ IT NOW

On-Demand Webinar: The State of the Cyber Arms Race

Join SonicWall security experts as we share findings, intelligence, analysis and research from the 2019 SonicWall Cyber Threat Report. This on-demand session, “The State of Cyber Arms Race: Unmasking the Threats Coming in 2019,” will help you improve your security preparations and posture through 2019 and beyond.

WATCH NOW

So, here’s the problem: unknown zero-day threats are just that — unknown. You have no way (besides historical experience) to predict the next vulnerability avenue that will be exploited. You, therefore, don’t know what will need patching or what extra security layer needs injecting. This ultimately leads to a forecast-costing dilemma as you cannot predict the man hours involved.

The other quandary faced when tackling complex targeted zero days is the skills gap. Staffing a security operations center (SOC) with highly skilled cybersecurity professionals comes at a cost and only becomes profitable with economies of scale that a large customer base brings.

Coupled with the shortage of skilled cybersecurity professionals in the open market, how can you get your SOC off the ground? Could artificial intelligence (AI) level the playing field?

Machine Learning Reality Check

Machine learning and behavioral analytics continue to grow and become synonymous with zero-day threat protection. Is this all hype or is it the new reality? The truth is, it is both.

There is a lot of hype, but for good reason: AI works. Big data is needed to see the behaviors and therein the anomalies or outright nefarious activities that human oversight would mostly fail to catch. Delivered as a layered security approach, AI is the only way to truly protect against modern cyber warfare, but not all AI is deterministic and herein lies the hidden cost to your bottom line.

AI-based analysis tools that provide forensics are very powerful, but the horse has bolted by the time they are used. This approach is akin to intrusion detection systems (IDS) versus intrusion prevention systems (IPS). The former are great for retrospective audits, but what is the cleanup cost? This usage of behavioral analysis AI solely for detection is not MSSP-friendly. What you need is automated, real-time breach detection and prevention. Prevention is key.

So, how do you create an effective prevention technology? You need security layers that filter the malware noise, so each can be more efficient at its detection and prevention function than the last. That means signature-based solutions are still necessary. In fact, they are as important as ever as one of the first layers of defense in your arsenal (content filtering comes in at the top spot).

By SonicWall metrics, the ever-growing bombardment of attacks the average network faces stands at 1,200-plus per day (check out the mid-year update to the 2018 SonicWall Cyber Threat Report for more details).

When you do the math, it’s easy to see that with millions of active firewalls, it’s not practical to perform deep analysis on every payload. For the best results, you must efficiently fingerprint and filter everything that has gone before.

Aren’t All Sandboxes Basically the Same?

Only by understanding the behavior of the application and watching what it’s attempting to do, can you uncover malicious intent and criminal action. The best environment to do this is a sandbox, but no SOC manpower in the world could accomplish this with humans at scale. In order to be effective, you must turn to AI.

AI understands the big data coming from behavioral analysis. It can adapt the discovery approach to uncover threats that try to hide and, once determined as malicious, can fingerprint the payload via signature, turning a zero day into a known threat. It is the speed of propagation of this new, known signature to the protection appliances participating in the mesh protection network that drives the efficiencies to discover more threats.

Also, it’s the size of the mesh network catchment area that allows you the largest overall service area of attaches, which helps your AI quickly learn from the largest sample data set.

Luckily, SonicWall has you covered on all these fronts. With more than 1 million sensors deployed across 215 territories and countries, SonicWall has one of the largest global footprint of active firewalls. Plus, the cloud-based, multi-engine SonicWall Capture Advanced Threat Protection (ATP) sandbox service discovers and stops unknown, zero-day attacks, such as ransomware, at the gateway with automated remediation.

Our recent introduction of the patent-pending Real-Time Deep Memory Inspection (RTDMI^TM) technology, which inspects memory in real time, can detect and prevent chip vulnerability attaches such as Spectre, Meltdown and Foreshadow. It’s included with every Capture ATP activation.

At SonicWall, the mantra of automated, real-time breach detection and prevention is fundamental to our security portfolio. It is how our partners drive predictable operational expenditures in the most challenging security environments. Only via connected solutions, utilizing shared intelligence, can you protect against all cyber threat vectors.

A version of this story originally appeared on MSSP Alert and was republished with permission.

Just a month removed from the mid-year update to the 2018 SonicWall Cyber Threat Report, the cyber threat landscape continues its volatile pace.

Analyzing the team’s most recent data, SonicWall Capture Labs threat researchers are recording year-to-date increases for global malware, ransomware, TLS/SSL encrypted attacks and intrusion attempts.

In addition, the SonicWall Capture Advanced Threat Protection sandbox, with Real-Time Deep Memory Inspection (RTDMI^TM), discovered an average of 1,413 new malware variants per day in July.

Globally, the SonicWall Capture Threat Network, which includes more than 1 million sensors across the world, recorded the following 2018 year-to-date attack data through July 2018:

• 6,904,296,364 malware attacks (88 percent increase from 2017)
• 2,216,944,063,598 intrusion attempts (59 percent increase)
• 215,722,623 ransomware attacks (187 percent increase)
• 1,730,987 encrypted threats (80 percent increase)

In July 2018 alone, the average SonicWall customer faced:

• 2,164 malware attacks (28 percent increase from July 2017)
• 81 ransomware attacks (43 percent increase)
• 143 encrypted threats
• 13 phishing attacks each day
• 1,413 new malware variants discovered by Capture ATP with RTDMI each day

^{The SonicWall Capture Security Center displays a 70 percent year-over-year increase in ransomware attacks.}

SonicWall cyber threat intelligence is available in the SonicWall Security Center, which provides a graphical view of the worldwide attacks over the last 24 hours, countries being attacked and geographic attack origins. This view illustrates the pace and speed of the cyber arms race.

The resource provides actionable cyber threat intelligence to help organizations identify the types of attacks they need to be concerned about so they can design and test their security posture ensure their networks, data, applications and customers are properly protected.

The 2018 SonicWall Cyber Threat Report reported a 71.2 percent decline in the number of ransomware attacks, but a 101.2 percent increase the number of ransomware variants. Let me ask you, is this good news or bad?

If this was a military battle, would you celebrate the news the enemy reduced the number of machine guns by nearly three quarters but doubled the number of snipers? Perhaps, but now you’d have to keep your head lower and stay out of sight.

2016 saw a flood of “spray-and-pray” ransomware attacks as hackers were taking advantage of soft defenses and low levels of employee awareness. In fact, in 2016 SonicWall blocked nearly 640 million ransomware attacks; that was over 1,200 ransoms not seen (or paid) each minute.

Because of this intense pressure, organizations around the globe bolstered their defenses and education efforts. Simply put, we got tired of getting beat up for our lunch money and took Kung-Fu lessons.

Attackers retool ransomware strategies

In 2017, attackers retooled with new exploits. From that, WannaCry, NotPetya and Bad Rabbit were born. Each were designed to be malware cocktails that infected a system and then move on to the rest of the network through shared drives. But these are just three of the 2,855 variants SonicWall created defenses for in 2017 alone.

With these new malware cocktails in the wild, threat actors targeted specific roles within companies through social engineering. Instead of annoying thousands of people with a small ransom with a shrinking chance they will pay, many switched to hard-hitting attacks with larger demands.

One such instance was the city of Atlanta, where the SamSam ransomware variant affected five out of 13 city departments and shut down systems for 10 days. Fortunately, the $51,000 ransom went unpaid but the damages to systems, lost files and productivity far outweigh the demand.

How to stop ransomware attacks, avoid ransom payouts

So, what can we do in this period of the threat landscape? Employee awareness for social engineering attacks (e.g., phishing attempts) still needs to drastically improve. Strong password hygiene also needs to be in place to block attacks like SamSam that work off of guessed passwords.

From there, we need ransomware protection technology in place that stops attacks. Here are two core technologies have may not have thought of recently:

1. Implement a network sandbox that can identify and stop unknown attacks.

   A network sandbox is an isolated environment on the firewall that runs files to monitor their behavior. SonicWall Capture Advanced Threat Protection (ATP) is a multi-engine sandbox service that holds suspicious files at the gateway until a verdict can be achieved.

   Capture ATP also features Real-Time Deep Memory Inspection^TM (RTDMI). RTDMI is a memory-based malware analysis engine that catches more malware, and faster, than behavior-based sandboxing methods. It also delivers a lower false-positive rate to improve security and the end-user experience. Learn about its ability to find and block malicious PDFs and Office documents.

2. Use advanced endpoint client security

   For years, companies deployed traditional anti-virus (AV) on their computers, which was fine when the total number of signatures they had to write and update numbered in the hundreds of thousands. Last year, SonicWall discovered 58 million new forms of malware that take time to signature and push to defense points like firewalls.

   Even if these are pushed within 24 hours, it leaves a gap that new and advanced malware can walk right through. I recommend using a next-generation anti-virus (NGAV) solution that can monitor the behavior of a system to look for malicious activities, such as the unauthorized encryption of your files. For example, SonicWall Capture Client delivers advanced malware protection and additional security synergies for SonicWall firewall users.

On top of these two new forms of technology, please follow best practices when securing and managing your networks, such as network segmentation.

Each week, SonicWall collects the cyber security industry’s most compelling, trending and important interviews, media and news stories — just for you.

Special Section: 2018 SonicWall Cyber Threat Report

‘Malware-cocktail’ cyber attacks double in one year, shocking report warns — London Evening Standard

The News: The popular UK news publication highlights the shifting behavior of malware authors examined in the 2018 SonicWall Cyber Threat Report.

Quotable: SonicWall CEO Bill Conner described the attacks as a “cyber arms race affecting every government, business, organization and individual.”

Malware Attacks Up, Ransomware Attacks Down in 2017, SonicWall Reports — eWeek

The News: eWeek offers a slideshow that visually explores findings of this year’s SonicWall Cyber Threat Report.

Quotable: “There were a lot of mixed signals in the cyber security attack landscape in 2017 …”

Ransomware decreasing in quantity but increasing in potency — SecurityBrief

The News: SecurityBrief reporter Ashton Young outlines the increase in ransomware variants.

Quotable: “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,” says SonicWall CEO Bill Conner.

Cyber Security News

A New Mira-style Botnet is Targeting the Financial Sector —  ZDNet

• Three financial sector institutions have become the latest victims of distributed denial-of-service (DDoS) attacks in recent months in what looks like an attack by the IoTroop botnet known to target financial firms.

Cyberattack Shows Vulnerability of Gas Pipeline Network — The New York Times

• Last week’s attack on four of the nation’s natural-gas pipeline operators that temporarily shut down computer communications with customers shines a light on the potential vulnerability of the nation’s energy system.

Iranian Hackers Breach Singapore Universities to Access Research Data — ZDNET

• Believed to be part of last month’s attacks against global education institutions, the hackers breached 52 accounts across four Singapore universities, including NTU and NUS, to gain access to research articles.

Equifax Taps Mark Begor as CEO Following Cyber Attack That Exposed Data for 148M Consumers — USA Today

• New Equifax CEO named. Mark Begor to lead the credit reporting giant’s bid to recover from a cyber breach that exposed the personal data of 148 million consumers.

20 suspect hackers arrested over online banking fraud — ZDNet

• On March 28, a series of arrests took place across Europe. In total, the raids resulted in the arrest of nine individuals from Romania and 11 in Italy, all of which are remanded in custody.

In Case You Missed It

• An Explanation of E-rate: How to Cost-Effectively Protect K12 Networks — John Mullen
• How to Use Threat Intelligence to Stop Cyber Attacks — Bob VanKirk
• Top 7 Wireless Best Practices for Better Wi-Fi Coverage & User Experiences — Srudi Dineshan
• 2018 SonicWall Cyber Threat Report: Actionable Intelligence for the Cyber Arms Race — Bill Conner
• SonicWall CEO Bill Conner Joins Cyber Security Panel on Capitol Hill — Bob VanKirk

Upcoming Events & Webinars

April 25
Webinar
11 A.M. PDT
Stop Fileless Malware with SonicWall Capture Client
Register Now

April 16-20
RSA Conference
San Francisco
Moscone Center
Booth 4115, North Hall