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SonicWall Capture Labs threat researchers unveiled third-quarter threat intelligence collected by the company’s more than 1 million global security sensors. Year-to-date findings through September 2020 highlight cybercriminals’ growing use of ransomware, encrypted threats and attacks leveraging non-standard ports, while overall malware volume declined for the third consecutive quarter. 

“For most of us, 2020 has been the year where we’ve seen economies almost stop, morning commutes end and traditional offices disappear,” said SonicWall President and CEO Bill Conner. “However, the overnight emergence of remote workforces and virtual offices has given cybercriminals new and attractive vectors to exploit. These findings show their relentless pursuit to obtain what is not rightfully theirs for monetary gain, economic dominance and global recognition.” SonicWall Capture Labs key findings include:

• 39% decline in malware (4.4 billion YTD); volume down for third consecutive quarter
• 40% surge in global ransomware (199.7 million)
• 19% increase in intrusion attempts (3.5 trillion)
• 30% rise in IoT malware (32.4 million)
• 3% growth of encrypted threats (3.2 million)
• 2% increase in cryptojacking (57.9 million)

While malware authors and cybercriminals are still busy working to launch sophisticated cyberattacks, SonicWall research concludes that overall global malware volume continues steadily decline in 2020. In a year-over-year comparison through the third quarter, SonicWall researchers recorded 4.4 billion malware attacks — a 39% drop worldwide. Read On: