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Tuesday 21 July 2020

COVID-19 Pandemic Triggers 72% Ransomware Growth, Mobile Susceptibility Grow 50%


 



SAN JOSE, California, July 21, 2020 :Skybox® Security, a worldwide pioneer in cybersecurity management, today published the mid-year update to its 2020 Vulnerability and Threat Trends Report. The report assesses the susceptibility, exploits and danger in place over the first half of a year dominated by the confusion linked to the COVID-19 pandemic. The report, prepared by Skybox® Research Lab, attempts to assist organizations align their security tactic with the reality of the prevailing threat landscape.
Chief findings from the report include:
  • 20,000+ new vulnerability reports forecast for 2020, breaking earlier records
  • 50% rise in mobile susceptibility showcases threat of blurring line between corporate and personal networks
  • Ransomware flourishes during COVID-19 pandemic, with new samples expanding by 72%
  • Assaults on crucial infrastructure, including healthcare organisations and research labs, have added to the confusion.
"The global COVID-19 pandemic has completely reshaped the way that organizations and their employees work," revealed Ron Davidson, VP of R&D and CTO for Skybox Security. "With the majority of the workforce now working remotely, the network perimeter has significantly widened – securing this perimeter now needs to be a top strategic priority. Organizations need to be able to identify the flaws that sit within both personal and professional devices. They also need to be able to model their expanded network so that they can understand all potential attack vectors. If they do not have these capabilities, then they will not be able to manage the mass of 20,000 new vulnerabilities, leaving them vulnerable to attack; something that they cannot afford at a time of global financial uncertainty."
Also vital in the report is the growth of ransomware's popularity, with the number of fresh samples expanding by 72% over the first half of the year.
Sivan Nir, Threat Intelligence Team Leader for Skybox Security, speaking on this rise observed, "We observed 77 ransomware campaigns during the first few months of the pandemic – including several on mission-critical research labs and healthcare companies. The focus and the capability of attackers is clear: they have the means to impart serious financial and reputational harm on organizations. The need for focused remediation strategies that are informed by full network visibility and contextual, data-rich intelligence has never been more pressing."
The report additionally shows that the volume of mobile susceptibility has grown by 50 percent. This rise is completely propelled by new Android deficiencies (which increased by 110 percent from 230 last year to 484 this year), after the number of new iOS susceptibility declined by 23 percent from 152 to 117. In earlier years such a growth may not have worried security experts, but after COVID-19 pandemic blurred the line between corporate and domestic zones it underscores the significance of securing all probable access points.
In a bid to weather the COVID-19 pandemic and the ensuing new threat landscape, organizations require to incorporate precise, up-to-date threat intelligence into their vulnerability management tactics. Skybox's attitude offers a systematic procedure where susecptibilities are discovered on a regular basis; prioritized in the context of the network, assets and dangers; and remediated or lessened in accordance with the peril they pose. Such an endeavour is crucial to being proactive against present day perils and adaptive to the volume of fresh dangers yet to come.
About Skybox Research Lab 
The Skybox Research Lab is a squad of security analysts who daily study data from dozens of security feeds and sources as well as probe sites in the dark web. The Research Lab authenticates and augments data via automated as well as manual evaluation, with analysts adding their knowledge of attack techniques, cyber events and the tactics, techniques and procedures (TTPs) of present day attackers. Their ongoing probe determine which susecptibilities are being exploited in the wild and utilized in distributed crimeware for example ransomware, malware, exploit kits and other attacks exploiting client– and server–side vulnerabilities. 
About Skybox Security 
At Skybox, efforts are made to eradicate  complications from cybersecurity management. By combining data, delivering new visions and unifying procedures, the company assists in  controlling security without limiting business agility. The organisations thorough solution combines safety perspectives into the big picture, reduces threat and empowers security programs to shift to the next level.
By ANJISHNU BISWAS 

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