SonicWall Report Details Exponential Increase in Overall Cyberattacks; Reveals Potential Revenue Risk for Businesses
- Written by The Bulletin
- At least 12.6% of an organisation's annual revenues were at risk to cyber threats
- Sensors detected 125% attack hours – 10 attack hours in an 8-hour workday
- Businesses endured on average 1,104 hours of critical attacks during a span of 880 working hours; protected from a potential of 46 days of downtime
- Malware trended up 30% YoY, including a massive 92% spike in May alone
- Ransomware intensifies in North America (+15%) and explodes in LATAM (+51%)
- In Asia-Pacific and Japan (APJ), YoY comparison saw malware attacks and IoT attacks increased by 6% and 72% respectively, while cryptojacking decreased by 28%
- IoT attacks (+107%) and encrypted threats (+92%) continue to climb globally
- 83% of customer-received alerts seen by our managed services team are related to cloud apps and compromised credentials
- SonicWall identified 78,923 'never-before-seen' malware variants – 526 a day
SINGAPORE - Media OutReach Newswire - 29 July 2024 - SonicWall today released the 2024 SonicWall Mid-Year Cyber Threat Report, researched and compiled by SonicWall Capture Labs, which unveils yet another rise in overall attacks, after seeing an 11% increase observed in 2023.
