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|Report: Malicious Cryptocurrency Miners Gaining Momentum, Poised for Continued Growth|
|Posted: Thu Jun 28, 2018 08:06:26 AM|
WatchGuard’s Q1 2018 Internet Security Report reveals a rise in crypto-miner attacks and several geographically targeted malware campaigns
SEATTLE, WASH – June 28, 2018 – WatchGuard® Technologies, a leader in advanced network security solutions, today published its latest Internet Security Report. Threat intelligence from Q1 2018 revealed that 98.8 percent of seemingly common Linux/Downloader malware variants were actually designed to deliver a popular Linux-based cryptocurrency miner. This is just one of several signs that malicious crypto-mining malware is becoming a top tactic among cyber criminals. The complete report details delivery mechanisms for these crypto-miner attacks, and explores other prevalent security threats targeting small to midsize businesses (SMBs) and distributed enterprises today.
“Our Threat Lab team has uncovered multiple indicators that suggest malicious crypto miners are becoming a mainstay in cyber criminals’ arsenals, and will continue to grow more dominant in Q2,” said Corey Nachreiner, chief technology officer at WatchGuard Technologies. “While ransomware and other advanced threats are still a major concern, these new crypto-miner attacks illustrate that bad actors are constantly adjusting their tactics to find new ways to take advantage of their victims. In fact, once again in Q1, we saw nearly half of all malware slip past basic signature-based antivirus solutions due to various obfuscation methods. One way every organization can become more secure against these sophisticated, evasive threats is to deploy defenses enabled with advanced malware prevention like our APT Blocker service.”
WatchGuard’s Internet Security Report offers in-depth insights on the top cyber threats each quarter, along with defense recommendations SMBs can use to protect themselves. The findings are based on data from tens of thousands of active Firebox UTM appliances around the world. The top takeaways from the Q1 2018 report include:
The complete Internet Security Report features a detailed breakdown of the record-breaking GitHub 1.35 Tbps DDoS attack, as well as analysis of the quarter’s top malware and network attacks, and key defense tactics for SMBs.
This quarter’s conclusions are based on anonymized Firebox Feed data from nearly 40,000 active WatchGuard UTM appliances worldwide, which blocked more than 23 million malware variants (628 per device) and over 10 million network attacks (278 per device) in Q1 2018.
Don’t miss the new podcast, The 443 – Security Simplified, from the team behind the Internet Security Report and Secplicity.org. Each week, they will analyze the methods and techniques behind the latest hacks, attacks, and breaches. They’ll detail what happened, how the bad guys did it, and provide actionable insights businesses can use to protect themselves.