India 2nd on Global Ransomware List; 41 Billion Cyber Threats Blocked

Bengaluru: Around 40.9 billion email threats, malicious files and URLs were blocked in the first half of 2021 for its customers by global cybersecurity leader Trend Micro and in India, it blocked a total number of 1,11,028 email spam, malicious URLs and malware, the company said on Wednesday.

Globally, ransomware remained the top threat in the first half of the year and in India, the total ransomware threats stood at 12.98 per cent, the second highest in Asia after China.

Working with third parties to gain access to targeted networks, the cyber criminals used advanced persistent threat tools and techniques to steal and encrypt victims’ data, the findings showed.

“The first step towards effectively mitigating cyber risk is understanding the scale, complexity, and specific characteristics of the threat landscape,” said Vijendra Katiyar, Country Manager, India and SAARC, Trend Micro.

Cryptocurrency miners became the most detected malware, having surged ahead of WannaCry and web shells in recent months, the report said.

The banking industry was disproportionately affected, experiencing a 1,318 per cent (year-on-year) increase in ransomware attacks in the first half of 2021, globally.

The total number of online banking malware detected by Trend Micro in India was 4,497 in the first six months of 2021.

Business email compromise (BEC) attacks increased by 4 per cent, potentially as a result of new Covid-19 opportunities for threat actors.

The ‘Zero Day Initiative’ detected 770 vulnerabilities, a slight (2 per cent) drop from 1H 2020 and a total of 164 malicious apps related to Covid-19 scams were detected, 54 per cent of which impersonated Chinese short-video making app TikTok.

“As threats continue to increase in frequency and sophistication, enterprise security operation centre (SOC) teams will require a platform that can streamline security processes without sacrificing reliability,” the report suggested.