SonicWall Cyber Threat Report predicts intense cyber arms race

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Cyber security specialist, SonicWall, (which protects more than one million networks worldwide), has released the intelligence from its 2018 Cyber Threat Report. The company recorded 9.32 billion malware attacks in 2017 and saw more than 12,500 new Common Vulnerabilities and Exposures (CVE) reported for the year.

 

“The cyber arms race affects every government, business, organisation and individual. It cannot be won by any one of us,” says SonicWall CEO Bill Conner. “Our latest proprietary data and findings show a series of strategic attacks and countermeasures as the cyber arms race continues to escalate. By sharing actionable intelligence, we collectively improve our business and security postures against today’s most malicious threats and criminals.”

 

The annual threat report frames, compares and contrasts advances made by both cyber security professionals and global cyber criminals.

 

• Cyber attacks are becoming the No. 1 risk to business, brands, operations and financials

• 9.32 billion total malware attacks in 2017, an 18.4% year-on-year increase from 2016

• Ransomware attacks dropped from 638 million to 184 million between 2016 and 2017

• Ransomware variants, however, increased 101.2%

Traffic encrypted by SSL/TLS standards increased 24%, representing 68% of total traffic

• Without SSL decryption capabilities in place, the average organisation will see almost 900 attacks per year hidden by SSL/TLS encryption

• SonicWall identifies almost 500 new previously unknown malicious files each day.

 

“The risks to business, privacy and related data grow by the day - so much so that cyber security is outranking some of the more traditional business risks and concerns,” says Conner.

 

Total ransomware attack volume declines

 

Even with WannaCry, Petya, NotPetya and Bad Rabbit ransomware attacks stealing the headlines, the expectations of more ransomware attacks did not materialise as anticipated in 2017. Full-year data shows that ransomware attacks dropped from 638 million to 184 million between 2016 and 2017.

 

Volume marked a 71.2% drop from the 638 million ransomware attack events SonicWall recorded in 2016

• Regionally, the Americas were victimised the most, receiving 46% of all ransomware attack attempts in 2017

Europe saw 37% of ransomware attacks in 2017

• SonicWall Capture Advanced Threat Protection (ATP), a cloud-based, multi-engine sandbox, identified one new malware variant for every 250 unknown hits.

 

TLS use increases again

 

Web traffic encrypted by SSL/TLS standards made yet another significant jump in 2017. This shift has already given more opportunity for cybercriminals and threat actors to hide malicious payloads in encrypted traffic.

 

• Encrypted SSL/TLS traffic increased 24%

SSL/TLS traffic made up 68% of total traffic in 2017

Organisations are beginning to implement security controls, such as deep packet inspection (DPI) of SSL/TLS traffic, to responsibly inspect, detect and mitigate attacks in encrypted traffic.

 

Effectiveness of exploit kits impacted

 

With most browsers dropping support of Adobe Flash, no critical flash vulnerabilities were discovered in 2017. That, however, hasn’t deterred threat actors from attempting new strategies.

 

• SonicWall provided protection against Microsoft Edge attacks, which we observed grew 13% in 2017 over 2016

• SonicWall also protects the most popular Adobe products - Acrobat, Acrobat DC, Reader DC and Reader - and we observed attacks against these applications were down across the board

• New targeted applications (e.g., Apple TV, Microsoft Office) cracked SonicWall’s top 10 for the first time.

 

Law enforcement turns the tide

 

Key arrests of cyber criminals continued to help disrupt malware supply chains and impact the rise of new would-be hackers and authors.

 

• Law enforcement agencies are making an impact by arresting and convicting malware authors and disruptors

• Cyber criminals are being more careful with how they conduct business, including dynamic cryptocurrency wallets and using different transaction currencies

• Cooperation between national and international law enforcement agencies is strengthening the disruption of global cyber threats.

 

“Stabilising the cyber arms race requires the responsible, transparent and agile collaboration between governments, law enforcement and the private sector,” says the Honorable Michael Chertoff, Chairman of the Chertoff Group, and former US Secretary of Homeland Security. 

 

“Like we witnessed in 2017, joint efforts deliver a hard-hitting impact to cyber criminals and threat actors. This diligence helps disrupt the development and deployment of advanced exploits and payloads, and also deters future criminals from engaging in malicious activity against well-meaning organisations, governments, businesses and individuals.” 

 

Cyber criminal advances

 

More unique types of ransomware are found in the wild. While the total volume of ransomware attacks was down significantly year-on-year, the number of ransomware variants created continues an upward trend since 2015. The variant increase, coupled with the associated volume of 184 million attacks, leaves ransomware a prevalent threat. 

 

• Ransomware variants increased 101.2% in 2017

• SonicWall Capture Labs threat researchers created 2,855 new unique ransomware signatures in 2017, up from the 1,419 published in 2016

• Ransomware against IoT and mobile devices is expected to increase in 2018.

 

SSL encryption still hiding cyber attacks

 

Hackers and cyber criminals continued to encrypt their malware payloads to circumvent traditional security controls. For the first time ever, SonicWall has real-world data that unmasks the volume of malware and other exploits hidden in encrypted traffic.

 

• Encryption was leveraged more than previous years, for both legitimate traffic and malicious payload delivery

• SonicWall Capture Labs found, on average, 60 file-based malware propagation attempts per SonicWall firewall each day

• Without SSL decryption capabilities in place, the average organisation will see almost 900 file-based attacks per year hidden by TLS/SSL encryption.

 

“Industry reports indicate as high as 41% of attack or malicious traffic now leverages encryption for obfuscation, which means that traffic analysis solutions and web transaction solutions such as secure web gateways each must support the ability to decrypt SSL traffic to be effective,” write Ruggero Contu and

Lawrence Pingree of Gartner.* 

 

Malware cocktails mixing things up

 

While no single exploit in 2017 rose to the level of darknet hacker tools Angler or Neutrino in 2016, there were plenty of malware writers leveraging one another’s code and mixing them to form new malware, thus putting a strain on signature-only security controls. SonicWall Capture Labs use machine-learning technology to examine individual malware artefacts and categorise each as unique or as a malware that already exists.

 

• SonicWall collected 56 million unique malware samples in 2017, a slight 6.7% decrease from 2016

• Total volume of unique malware samples in 2017 was 51.4% higher than 2014.

 

Chip processors, IoT are emerging battlegrounds

 

Cyber criminals are pushing new attack techniques into advanced technology spaces, notably chip processors.

 

• Memory regions are the next key battleground that organisations will battle over with cyber criminals

• Modern malware writers implement advanced techniques, including custom encryption, obfuscation and packing, as well as acting benign within sandbox environments, to allow malicious behaviour to remain hidden in memory

Organisations will soon need to implement advanced techniques that can detect and block malware that does not exhibit any malicious behaviour and hides its weaponry via custom encryption.

 

“Sandbox techniques are often ineffective when analysing the most modern malware,” says SonicWall CTO John Gmuender. “Real-time deep memory inspection is very fast and very precise, and can mitigate sophisticated attacks where the malware’s most protected weaponry is exposed for less than 100 nanoseconds.”

 

In addition to these findings, the 2018 SonicWall Annual Threat Report also identified best practices and security predictions for 2018, which are discussed in detail in the full report. 

 

Click here to download the complete report.

Click here to visit the SonicWall Security Centre to see latest attack trends, types and volume across the world.

 

 

*Gartner, “Competitive Landscape: Secure Web Gateways,” Ruggero Contu, Lawrence Pingree, 12 September 2017.



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