FortiGuard Labs Reports Destructive Wiper Malware Increases Over 50%

FortiGuard Labs Reports Destructive Wiper Malware Increases Over 50%
FortiGuard Labs Reports Destructive Wiper Malware Increases Over 50%

Adversarial Supply Chains Strengthen in Complexity and Sophistication to Counter Evolving Defenses

Bangalore, India, – February 27, 2023: Vishak Raman, Vice President of Sales, India, SAARC & Southeast Asia at Fortinet: “For cyber adversaries, maintaining access and evading detection is no small feat as cyber defenses continue to advance to protect organizations today. To counter, adversaries are augmenting with more reconnaissance techniques and deploying more sophisticated attack alternatives to enable their destructive attempts with APT-like threat methods such as wiper malware or other advanced payloads. To protect against these advanced persistent cybercrime tactics, organizations need to focus on enabling machine learning–driven coordinated and actionable threat intelligence in real time across all security devices to detect suspicious actions and initiate coordinated mitigation across the extended attack surface.”

News Summary:

Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the latest semiannual Global Threat Landscape Report from FortiGuard Labs. The threat landscape and organizations’ attack surface are constantly transforming, and cybercriminals’ ability to design and adapt their techniques to suit this evolving environment continues to pose significant risk to businesses of all sizes, regardless of industry or geography. For a detailed view of the report, as well as some important takeaways, read the blog.

Highlights of the 2H 2022 report follow:

  • The mass distribution of wiper malware continues to showcase the destructive evolution of cyberattacks.
  • New intelligence allows CISOs to prioritize risk mitigation efforts and minimize the active attack surface with the expansion of the “Red Zone” approach.
  • Ransomware threats remain at peak levels with no evidence of slowing down globally with new variants enabled by Ransomware-as-a-Service (RaaS).
  • The most prevalent malware was more than a year old and had gone through a large amount of speciation, highlighting the efficacy and economics…