ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
Contact
Log in
*
Home
Press release
Feb 27, 2018 12:00 JST
Source:
Trend Micro
Trend Micro Warns of GDPR Extortion Attempts from Strategic Cybercriminals
Cybersecurity roundup report reveals growth in targeted, strategic, money-making attacks
HONG KONG, Feb 27, 2018 - (Media OutReach) - Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today announced its Security Roundup for 2017, revealing an increase in ransomware, cryptocurrency mining and BEC attempts over the past 12 months as cybercriminals refined and targeted their attacks for greater financial return. The trend will continue in 2018, with extortion attempts likely to target organizations trying to comply with new EU privacy laws.
The new report, The Paradox of Cyberthreats, validates Trend Micro's previous predictions for 2018, with cybercriminals increasingly abandoning exploit kits and spray-and-pray tactics in favor of more strategic attacks designed to improve their return on investment. Based on this trend, it's likely that some will try to extort money from enterprises by first determining the GDPR penalty that could result from an attack, and then demanding a ransom of slightly less than that fine, which CEOs might opt to pay.
"The 2017 roundup report reveals a threat landscape as volatile as anything we've seen, with cybercriminals increasingly finding they're able to gain more -- whether it's money or data or reputation damage -- by strategically targeting companies' most valuable assets," says Jon Clay, director of global threat communications for Trend Micro.
"It confirms our view that there is no silver bullet when it comes to the sheer range of cyberthreats facing organizations. Businesses instead need a cross-generational security solution that uses a blend of proven security protections with the best new defenses to mitigate risk effectively."
The report also reveals: a 32 percent increase in new ransomware families from 2016 to 2017; a doubling of BEC attempts between the first and second half of 2017; and soaring rates of cryptocurrency mining malware, peaking at 100,000 detections in October.
Vulnerable IoT devices are also a major security risk across several trending threats. Trend Micro detected more than 45.6 million cryptocurrency mining events during the year, representing a large percentage of all IoT events observed. Software vulnerabilities also continued to be targeted, with 1,009 new flaws discovered and disclosed in 2017 through Trend Micro's Zero Day Initiative and their 3,500+ independent whitehat researchers.
Please visit
http://bit.ly/2m8sFWG
for the details of the report.
About Trend Micro
Trend Micro Incorporated, a global leader in cybersecurity solutions, helps to make the world safe for exchanging digital information. Our innovative solutions for consumers, businesses, and governments provide layered security for data centers, cloud environments, networks and endpoints. All our products work together to seamlessly share threat intelligence and provide a connected threat defense with centralized visibility and control, enabling better, faster protection. With more than 6,000 employees in over 50 countries and the world's most advanced global threat intelligence, Trend Micro enables organizations to secure their journey to the cloud. For more information, visit www.trendmicro.com.hk.
MEDIA CONTACT:
Claudius Lam - Trend Micro
+852 2214 3288 (Office)
+852 9022 0876 (Mobile)
claudius_lam@trendmicro.com.hk
Source: Trend Micro
Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Latest Release
JCB enables JCB Contactless acceptance at Taichung MRT in Taiwan
Apr 26, 2024 10:00 JST
Mazda Production and Sales Results for March 2024 and for April 2023 through March 2024
Apr 25, 2024 18:21 JST
MHI Begins Operation of SOEC Test Module the Next-Generation High-Efficiency Hydrogen Production Technology at Takasago Hydrogen Park
Apr 25, 2024 17:45 JST
GAC Honda to Begin Sales of All-new e:NP2, the Second Model of e:N Series
Apr 25, 2024 16:50 JST
Toyota Exhibiting at Beijing Motor Show 2024
Apr 25, 2024 16:25 JST
Honda Reaches Basic Agreement with Asahi Kasei on Collaboration for Production of Battery Separators for Automotive Batteries in Canada
Apr 25, 2024 11:10 JST
UNIQLO Sponsors KAWS + Warhol Exhibition Tour, Starting in Pittsburgh
Apr 25, 2024 09:00 JST
Mitsubishi Power Begins Commercial Operation of Seventh M701JAC Gas Turbine in Thailand GTCC Project; Achieves 75,000 AOH To-Date
Apr 24, 2024 17:19 JST
MC and Denka Sign J/V Agreement in Fullerene Business
Apr 24, 2024 17:02 JST
Mitsubishi Motors Posts Record Sales in the Philippines in FY2023
Apr 24, 2024 13:56 JST
NEC Develops High-speed Generative AI Large Language Models (LLM) with World-class Performance
Apr 24, 2024 13:25 JST
Fujitsu SX Survey reveals key success factors for sustainability
Apr 23, 2024 10:25 JST
Fujitsu and METRON collaborate to drive ESG success: slashing energy costs, boosting productivity with new manufacturing industry solutions
Apr 22, 2024 16:09 JST
NEC Strengthens Commitment to Space Industry with Investment in Seraphim Space Venture Fund II
Apr 22, 2024 15:09 JST
Soft Space Launches the First and Only JCB Payment Gateway in Malaysia
Apr 22, 2024 15:00 JST
TOYOTA GAZOO Racing takes a one-two in Croatian thriller
Apr 22, 2024 10:47 JST
First-ever Mazda CX-80 Crossover SUV Unveiled in Europe
Apr 19, 2024 13:50 JST
Fujitsu develops technology to convert corporate digital identity credentials, enabling participation of non-European companies in European data spaces
Apr 19, 2024 10:17 JST
Mitsubishi Heavy Industries and NGK to Jointly Develop Hydrogen Purification System from Ammonia Cracking Gas
Apr 18, 2024 17:01 JST
Toyota Launches All-New Land Cruiser "250" Series in Japan
Apr 18, 2024 13:39 JST
More Latest Release >>
Related Release
Trend Micro: Trend Micro Report Reveals Criminals Increasingly Drawn To Low-Profile Attacks
August 29 2018 11:50 JST
More than 400 IT professionals joined CLOUDSEC Hong Kong 2018
August 14 2018 16:30 JST
Trend Micro Nurtures Global Cybersecurity Talent With 2018 Capture The Flag Event
August 02 2018 12:45 JST
CLOUDSEC Hong Kong 2018 discusses Freedom to Connect in a fast-changing Hyperconnected World
July 16 2018 12:30 JST
Trend Micro's Endpoint Security Cited as a Leader by Independent Research Firm
June 22 2018 17:30 JST
Trend Micro Extends Container Security Solution to Work at the Speed of DevOps
June 14 2018 12:30 JST
Trend Micro Expertise Results in Conviction from Scan4You Trial
May 17 2018 18:40 JST
Trend Micro Again Achieves NSS Labs "Recommended" Status for Advanced Endpoint Protection
April 23 2018 16:00 JST
Trend Micro Advances Its Commitment to Make the Digital World Safer
April 19 2018 11:45 JST
Trend Micro Unveils Industry's First AI-Powered Writing Style Analysis to Halt Email Fraud
April 17 2018 10:25 JST
More Press release >>