Skip to main content

New Report Shows 32 Percent Increase In Cyber Attacks

By July 27, 2018June 3rd, 2022Cybersecurity

Positive Technologies has just released a new report that paints a grim picture for IT professionals.  If your sense is that the number of cyberattacks are increasing, you’re not wrong. In fact, it’s probably worse than you realize.

So far this year, we’ve seen a staggering 32 percent increase in the total number of cyberattacks in the first quarter of 2018, compared to the same period last year.  Even worse, malware attacks have increased by a mind-bending 75 percent since the first quarter of 2017.

Individuals were far and away the most frequent target (28 percent), but government agencies came in a reasonably close second (16 percent), with business in the healthcare, finance, and IT sectors rounding out the top five (8 percent, 7 percent, and 5 percent, respectively).

Of the malware deployed against targets this year, spyware was by far the most common, with stealth cryptocurrency mining software not far behind.

Leigh-Anne Galloway, the cyber security resilience lead at Positive Technologies explains in more detail:

“Our research shows that 63 percent of attacks included use of malware.  Spyware, in particular, is used most often because it allows obtaining not only personal information and corporate secrets, but credentials for the services and systems needed to attack internal corporate infrastructure.”

Long story short, the prevalence of spyware seen in this report is likely to have cast-off effects in the future.  Hackers will gain a sufficient level of access and information, courtesy of their successful spyware attacks, to launch even more harmful attacks against both individuals and government/corporate institutions in the future.

Positive Technologies warns that the number of attacks is likely to continue to escalate, and that there’s no clear end in sight.

The report is dark news if you’re in the digital security business.  If your business hasn’t been hit yet, it seems that it’s just a matter of time.

Jason Manteiga

Jason J. Manteiga, Vice President of Olmec Systems, has been part of the company for over the past 20 years. He believes that having a great work environment and supportive team, is the ultimate key to success. Since being in the IT realm for over 25 years, Jason, along with Olmec Systems, has been on the Inc. 5000 “List of America’s Fastest Growing Private Companies” and Channel Futures MSP 501 “Top Managed Service Providers in North America,” along with other awards and nominations. Jason earned his Bachelor Degree in Information Systems from the New Jersey Institute of Technology. He also holds certifications in Microsoft MCSE, VMWare VCP, and Cisco CCNA. In his spare time, Jason is a contributor for The Center for Social & Legal Research (Privacy Exchange) and a member of the Morris County Chamber of Commerce. His hobbies include cycling and kayaking. He currently lives in New Jersey with his wife, two daughters and son.