Facebook Twitter LinkedIn RSS
    Trending
    • The Puzzle of Nigerian Corporate Prosperity in Harsh Economic Times
    • The Price of Staying Connected in Nigeria, By Don Pedro Aganbi
    • Krishnan Named among Top 50 MVP, Recognized as Digital Transformation Pioneer at 2025 ABoICT Awards
    • eBusiness Life Girls In ICT: Stakeholders call for more action on girls participation in ICT
    • Bridging the cybersecurity workforce gap: a global and African imperative, By Hamid Maher
    • Every Friday Is Black Friday: TD Africa turns up the heat on tech accessibility
    • SBTS Group CEO Evelyn Lewis Honored Among Nigeria’s Top 50 Digital Economy Influencers
    • The future of tech – how innovation is shaping business operations and strategy
    Facebook Twitter LinkedIn
    ITPulse.com.ngITPulse.com.ng
    • News
    • Interviews
    • Blogs
    • Analysis
    • Opinion
    • Videos
    • Press Releases
    • Pictures
    • Advertise
    ITPulse.com.ngITPulse.com.ng
    Home»News»Highlights of 2019 cyber threat report by Sophos
    News 4 Mins Read

    Highlights of 2019 cyber threat report by Sophos

    mmBy ITPulseNovember 19, 2018
    Facebook Twitter WhatsApp Pinterest LinkedIn Reddit Tumblr Email
    Joe Levy, Sophos
    Joe Levy, Chief Technical Officer at Sophos
    Share
    Facebook Twitter LinkedIn Pinterest Email

     

    The highlights of the 2019 cyber threat report, unveiled by Sophos, one of the leaders in next-generation endpoint and network security have indicated that there is a rise of hand-delivered, targeted cyberattacks across the world, even  as criminals stalk victims to bank millions.

    The report provides insights into emerging and evolving cybersecurity trends, and was produced by SophosLabs researchers. It explores changes in the threat landscape over the past 12 months, uncovering trends and how they are expected to impact cybersecurity in 2019.

    “The threat landscape is undoubtedly evolving; less skilled cyber criminals are being forced out of business, the fittest among them step up their game to survive and we’ll eventually be left with fewer, but smarter and stronger, adversaries. These new cybercriminals are effectively a cross-breed of the once esoteric, targeted attackers, and the pedestrian purveyor of off-the-shelf malware, using manual hacking techniques, not for espionage or sabotage, but to maintain their dishonorable income streams,” explained  Joe Levy, Chief Technical Officer at Sophos,  referring to the SophosLabs 2019 Threat Report.

    Find below the highlights of the SophosLabs 2019 Threat Report, which focuses on key cybercriminal behaviours and attacks:

    • Capitalist cybercriminals are turning to targeted ransomware attacks that are premeditated and reaping millions of dollars in ransom – 2018 saw the advancement of hand-delivered, targeted ransomware attacks that are earning cybercriminals millions of dollars. These attacks are different than ‘spray and pray’ style attacks that are automatically distributed through millions of emails. Targeted ransomware is more damaging than if delivered from a bot, as human attackers can find and stake out victims, think laterally, trouble shoot to overcome roadblocks, and wipe out back-ups so the ransom must be paid. This “interactive attack style,” where adversaries manually maneuver through a network step-by-step, is now increasing in popularity. Sophos experts believe the financial success of SamSam, BitPaymer and Dharma to inspire copycat attacks and expect more happen in 2019.
    • Cybercriminals are using readily available Windows systems administration tools – This year’s report uncovers a shift in threat execution, as more mainstream attackers now employ Advanced Persistent Threat (APT) techniques to use readily available IT tools as their route to advance through a system and complete their mission – whether it’s to steal sensitive information off the server or drop ransomware:
    • Turning admin tools into cyberattack tools
      In an ironic twist, or Cyber Catch-22, cybercriminals are utilising essential or built-in Windows IT admin tools, including Powershell files and Windows Scripting executables, to deploy malware attacks on users.
    • Cybercriminals are playing Digital Dominos
      By chaining together a sequence of different script types that execute an attack at the end of the event series, hackers can instigate a chain reaction before IT managers detect a threat is operational on the network, and once they break in it’s difficult to stop the payload from executing.
    • Cybercriminals have adopted newer Office exploits to lure in victims

    Office exploits have long been an attack vector, but recently cybercriminals have cut loose old Office document exploits in favour of newer ones.

    • EternalBlue becomes a key tool for cryptojacking attacks

    Patching updates appeared for this Windows threat more than a year ago, yet the EternalBlue exploit is still a favourite of cybercriminals; the coupling of EternalBlue to cryptomining software turned the activity from a nuisance hobby into a potentially lucrative criminal career. Lateral distribution on the corporate networks allowed the cryptojacker to quickly infect multiple machines, increasing payouts to the hacker and heavy costs to the user.

    • The continued threat of mobile and IoT malware – Malware’s impact extends beyond the organization’s infrastructure as we see the threat from mobile malware grow apace. With illegal Android apps on the increase,2018 has seen an increased focus in malware being pushed to phones, tablets and other IoT devices. As homes and businesses adopt more internet-connected devices, criminals have been devising new ways to hijack those devices to use as nodes in huge botnet attacks. In 2018, VPNFilter demonstrated the destructive power of weaponized malware that affects embedded systems and networked devices that have no obvious user interface. Elsewhere, Mirai Aidra, Wifatch, and Gafgyt delivered a range of automated attacks that hijacked networked devices to use as nodes in botnets to engage in distributed denial-of-service attacks, mine cryptocurrency and infiltrate networks.

    Cybersecurity Joe Levy Sophos Threats
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    mm
    ITPulse
    • Website
    • Facebook
    • Twitter
    • LinkedIn

    ITPulse is a wholly information technology communication (ICT) news website, with a special focus on the African continent. The website provides up-to-date biz-tech news, analysis and comprehensive and thorough insight into the continent's ICT terrain

    Related Posts

    Krishnan Named among Top 50 MVP, Recognized as Digital Transformation Pioneer at 2025 ABoICT Awards

    May 27, 2025

    eBusiness Life Girls In ICT: Stakeholders call for more action on girls participation in ICT

    May 27, 2025

    SBTS Group CEO Evelyn Lewis Honored Among Nigeria’s Top 50 Digital Economy Influencers

    May 26, 2025

    Leave A Reply Cancel Reply

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Latest Posts

    The Puzzle of Nigerian Corporate Prosperity in Harsh Economic Times

    May 28, 2025

    The Price of Staying Connected in Nigeria, By Don Pedro Aganbi

    May 28, 2025

    Krishnan Named among Top 50 MVP, Recognized as Digital Transformation Pioneer at 2025 ABoICT Awards

    May 27, 2025
    About
    About

    Itpulse.com.ng is a wholly information technology communication (ICT) news website, with special focus on the African continent. The website provides up-to-date biz-tech news, analysis and a comprehensive and thorough insight info the continent's ICT terrain.

    Contact us: editorial@itpulse.com.ng

    Facebook Twitter LinkedIn RSS
    Latest Posts

    The Puzzle of Nigerian Corporate Prosperity in Harsh Economic Times

    May 28, 2025

    The Price of Staying Connected in Nigeria, By Don Pedro Aganbi

    May 28, 2025

    Krishnan Named among Top 50 MVP, Recognized as Digital Transformation Pioneer at 2025 ABoICT Awards

    May 27, 2025
    Popular Posts

    The future of tech – how innovation is shaping business operations and strategy

    May 26, 2025

    Kenya, Nigeria and South Africa bear the brunt of web incidents in Africa

    May 26, 2025

    Ikechukwu Nnamani of Digital Realty bags two major ICT industry awards

    May 26, 2025
    © 2017 - 2025 Itpulse. Designed by Max Excellence.
    • Terms & Conditions
    • Privacy Policy
    • Advertise
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.