Security leader records 10% rise in ransomware
Bangalore, February 26, 2020 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today released its 2019 security roundup report. The report details the most important issues and changes in the threat landscape to provide businesses with insights into best practices and strategies for protecting their infrastructures from current and emerging threats.
Ransomware continued to be a
mainstay cyber threat last year. Overall, Trend Micro discovered a 10% increase
in ransomware detections, despite a 57% decrease in the number of new
ransomware families. The healthcare sector remained the most targeted industry,
with more than 700 providers affected in 2019. Additionally, at least 110 US
state and municipal governments and agencies fell victim to ransomware.
“Digital transformation has been a
business buzzword for decades, and the concept has yielded very positive
results over time. But security is often an afterthought, which leaves digital
doors wide open for cybercriminals,” said Jon Clay, director of global threat
communications for Trend Micro. “Despite the prevalent ideals of digital
transformation, lack of basic security hygiene, legacy systems with outdated
operating systems and unpatched vulnerabilities are still a reality. This
scenario is ideal for ransomware actors looking for a quick return on
investment. As long as the ransom scheme continues to be profitable, criminals
will continue to leverage it.”
Known vulnerabilities remain key to
successful cyber attacks, including ransomware. In 2019, Trend Micro’s Zero Day
Initiative (ZDI) disclosed 171% more high severity vulnerabilities than in
2018. The criticality score reflects the likelihood of these flaws being
leveraged by attackers, so high severity bugs are more likely to be weaponized
and the patches should be prioritized.
To protect against today’s threat
landscape, Trend Micro recommends a connected threat defense across gateways,
networks, servers and endpoints. Additionally, these best practices can
increase a company’s security posture:
- Mitigate ransomware with
network segmentation, regular back-ups and continuous network monitoring.
- Update and patch systems and
software to protect against known vulnerabilities.
- Enable virtual patching,
especially for operating systems that are no longer supported by the
- Implement multi-factor
authentication and least privilege access policies to prevent abuse of
tools that can be accessed via admin credentials, like remote desktop
protocol, PowerShell and developer tools.
For more on the cyber threat landscape of 2019, access the full
report here: https://www.trendmicro.com/vinfo/us/security/research-and-analysis/threat-reports/roundup/the-sprawling-reach-of-complex-threats.
About Trend Micro
Trend Micro Incorporated, a global leader in cybersecurity solutions,
helps to make the world safe for exchanging digital information. Our innovative
solutions for consumers, businesses, and governments provide layered security
for data centers, cloud environments, networks, and endpoints. All our products
work together to seamlessly share threat intelligence and provide a connected
threat defense with centralized visibility and control, enabling better, faster
protection. With more than 6,000 employees in over 50 countries and the world’s
most advanced global threat intelligence, Trend Micro secures your connected
world. For more information, visit www.trendmicro.com.