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IoT News - McAfee Sees Ransomware-as-a-Service, Cryptocurrency and Internet of Things Threats Surge in Q1 2021
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Posted on May 5, 2021 by Nick Farrell - News
McAfee inked a multi-year extended partnership agreement, with Fujitsu Client Computing (FCCL) to deliver consumer security stuff to FCCL device users.
McAfee and FCCL’s longstanding partnership makes the integration of the products seamless to end-users allowing them to use McAfee security solutions to protect their digital lives quickly.
In the fourth quarter of 2020, McAfee Labs observed an average of 648 threats per minute, increasing 60 threats per minute (10 percent). The latest McAfee Threats Report: April 2021, which examined cybercriminal activity related to the malware and the evolution of cyber threats in the third and fourth quarters of 2020, found the two quarters saw COVID-19-related cyber-attack detections increase by 240 per cent in the third quarter and 114 percent in the fourth.
Apr 15, 2021
There was an average 648 threats per minute in Q4, an increase of 60 threats per minute (10%) over Q3, according to the McAfee Threats Report: April 2021.
The two quarters also saw Covid-19-related cyber-attack detections increase by 240% in Q3 and 114% in Q4, while Powershell threats again surged 208% due to continued increases in Donoff malware activity.
“The world – and enterprises – adjusted amidst pandemic restrictions and sustained remote work challenges, while security threats continued to evolve in complexity and increase in volume,” says Raj Samani, McAfee fellow and chief scientist. “Though a large percentage of employees grew more proficient and productive in working remotely, enterprises endured more opportunistic Covid-19 related campaigns among a new cast of bad-actor schemes.
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The number of threats leveraging PowerShell grew 208% in the last quarter of 2020, according to a new report by cybersecurity firm McAfee.
The McAfee Threats Report of April 2021 found the Q4 2020 increase was driven largely by Donoff malware. It also observed numerous PowerShell attacks using process injection to insert code into legitimate running processes as a privilege escalation technique.
Mobile malware grew 118% in Q4 due in part to a surge in SMS Reg samples, according to the report. Researchers said HiddenAds, Clicker, MoqHao, HiddenApp, Dropper, and FakeApp strains were the most detected mobile malware families.
Ransomware also grew in volume between Q3 and Q4 driven by Cryptodefense. Researchers said that REvil, Thanos, Ryuk, RansomeXX, and Maze groups topped the overall list of ransomware families.
COVID-19 themed cyber-attacks increased by 114% in Q4 2020 compared to Q3, according to data from the
McAfee Threats Report: April 2021. This followed rises of 605% and 240% in Q2 and Q3 2020 respectively, demonstrating that threat actors have continued to leverage the pandemic to target organizations and individuals.
The study, which looked at the evolving threat landscape in the final quarter of 2020, found there was a 10% overall rise in malware detections in Q4 compared to Q3, reaching an average of 648 threats per minute.
There was a particularly large surge in Powershell threats in Q4 compared to Q3, up by 208%, which McAfee said was largely driven by Donoff malware. Additionally, mobile malware grew by 118% quarter-on-quarter, partly due to a growth in SMS Reg samples. The HiddenAds, Clicker, MoqHao, HiddenApp, Dropper and FakeApp strains were the most commonly detected mobile malware families.
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