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Our fortnightly Total Security Summit eConnect newsletters delivers the latest industry news directly to your inbox.

Malware protagonists diversifying tools as incidents surge

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New research has revealed a 70 percent increase in new malware incidents, equivalent to 26 cyberattacks per minute, highlighting a diversification of tools and attacks by threat actors and as they target high-stakes or financially lucrative industries.  

“Malicious actors are working harder than ever to expand their range and volume of cyberattacks,” said Ismael Valenzuela, Vice President of Threat Research and Intelligence, BlackBerry, which conducted the research. “The intensifying number of novel attacks targeting nations and industries demonstrates the impact of the macroeconomic climate on cybersecurity. However, while threats are increasing in number and diversity, so is our ability to defend against them with advanced technologies that predict and prevent attacks.”  

Highlights from the latest BlackBerry Global Threat Intelligence Report, covering the three-month period of June-August, include: 

  • Continued Rise in Cyberattacks Per Minute. BlackBerry stopped over 3.3 million attacks; approximately 26 attacks and 2.9 unique malware samples per minute.  
  • Financial and Healthcare Most Targeted Industries. The financial sector was the most frequently attacked industry this quarter, with healthcare institutions coming in second. High-value data and the opportunity to disrupt essential services make these sectors a prime target for impactful or profitable attacks.  
  • Ransomware Groups Make Double Extortion Standard Practice. LockBit, Cl0p, Cuba, and ALPHV ransomware groups increasingly use double extortion tactics as insurance on attacks, as organizations worldwide improve their data backup strategies.  
  • Australia and United States hit by Highest Increase in Public Sector Attacks. Australia and the U.S. experienced 50 percent-plus more public sector attacks this quarter. BlackBerry Cylance AI prevented the most cyberattacks overall in the United States, followed by Canada, Japan, Peru and India. The most unique malware was observed in the United States, then Japan, South Korea, India, and Canada. 

Photo by Ed Hardie on Unsplash

The Total Security Summit – March 2024: Here’s everything you need to know!

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The Total Security Summit is a bespoke and highly targeted two-day event, where you can meet with a selection of suppliers, who can help with your upcoming plans and projects. The next instalment takes place in march, but what’s in store?

Put simply, you will be provided with a personalised itinerary of pre-arranged, 1-2-1 meetings with suppliers relevant to you. No hard sell, and no time wasted.

And the event is entirely free for security professionals, like you, to attend.

18th & 19th March 2024

Radisson Hotel & Conference Centre, London Heathrow

Your free pass includes;

– A corporate itinerary of one-to-one meetings with solution providers
– A seat at our industry seminar sessions (live attendance only)
– Overnight stay at the venue
– A place at our networking dinner, with a showcase of entertainment
– All meals and refreshments throughout
– Networking breaks to make new connections in your field

Click Here To Register

If you have any questions then you can contact us here for more information.