Malware targeting businesses in Asia Pacific increases by 270%

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Asia Pacific businesses remain a prime target for cyberattacks, with Indonesia, Malaysia, Thailand, Australia and the Philippines among the top 10 countries with most business malware detections globally.

Businesses in the region saw massive increases in backdoor malware (5137%), cryptocurrency miners (1184%) and the use of exploits against their endpoints (3690%).

Malwarebytes, an endpoint protection and remediation solution, has released the third annual State of Malware Report, which analyzes top malware threats from January through November 2018 and compares them with the same period in 2017.

The report identifies a sharp increase in business-based malware detections, including massive increases in backdoors, cryptocurrency miners, and the use of exploits against their endpoints.

“The year 2018 was action-packed from start to finish,” said Adam Kujawa, Director of Malwarebytes Labs. “It began with threat actors diversifying their cryptomining tactics; broadening their reach to Android, Mac and cryptomining malware; and experimenting with new innovations in browser-based attacks. The Asia Pacific region was highly targeted by bad actors, with five countries among the top 10 countries with most business malware detections globally.”

Key findings for Asia Pacific include:

  1. Businesses took a hit, malware detections increased more than 270% – Malware authors pivoted in the second half of 2018 to target organizations over consumers, recognizing that businesses provided a bigger payoff. Overall business detections of malware rose significantly over the last year—270%—primarily due to the increase in backdoors (5137%), cryptocurrency miners (1184%), and the use of exploits against their endpoints (3690%), suggesting a greater need to patch and secure endpoints.
  2. Indonesia, Malaysia, Thailand, Australia and the Philippines all finished in the top 10 countries with most business detections globally – Five countries in APAC made the top 10 for the most business threat detections per country in 2018, by volume. This includes Indonesia, Malaysia, Thailand, Australia and the Philippines, which ranked second, fifth, sixth, seventh and tenth on the global rankings respectively. Indonesia, Malaysia and Thailand have been fending off an influx of backdoor malware in their business networks. In Australia, the main threat was adware and cryptomining, a big reason to be concerned as many miners and adware families drop additional malware, modify system settings, slow down or use up computing power, or otherwise disrupt operations.
  3. Cryptominers were the all-stars of the year – In APAC we saw a massive wave of cryptocurrency miners. While cryptomining detections increased only by 7% globally, in Asia Pacific we saw a 1184% increase year over year. Threat actors seemingly abandoned all other forms of attack for experimentation in this new technique, spanning from desktop to mobile; Mac, Windows, and Android operating systems; and software and browser based attacks.
  4. WannaCry infections are still spreading in Asia Pacific – In our region, the biggest ransom threat is WannaCry infections that are still spreading to unpatched endpoints and laterally moving across networks. The payload should be neutered, inthe sense that the malware can install but won’t encrypt anything. Overall, while ransomwareisn’t the wide-ranging threat it was in 2017, we saw more sophisticated attacks aimed at businesses, specially across education, manufacturing and government verticals. Indeed, the main spike in numbers has been in the realm of the workplace.
  5. Globally, education, government, manufacturing and healthcare were the top industries impacted by Trojans. – When we zoom in on the Trojan category to look at its top family – Emotet, the industries shift. Education, manufacturing and hospitality top the list. The current trends with Trojans are likely to continue, while there are opportunities for criminals to exploit weak configurations and outdated assets. However, the greater concern is the copycats and new generations of families that are likely going to dominate 2019 across verticals and around the globe.

The full report can be accessed here.

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