Cybersecurity professionals have been well aware that cybercriminals would exploit the uncertainty surrounding the COVID-19 pandemic to enhance their cyberattacks. Malicious communications have frequently incorporated COVID-19 themes, leveraging public fear to increase their effectiveness.
Though anecdotal evidence has suggested various forms of pandemic-related cyberattacks, concrete data regarding their true impact on cybersecurity remains limited. Reports indicate that the volume of malicious emails containing COVID-19 references has surged significantly, with many such communications now classified as malicious in nature.
In addition to emails, the anticipated rise in malicious videos and downloadable content related to COVID-19 has been noted. However, beyond these expected developments, the cybersecurity landscape is witnessing new, insidious trends.
A recent report from cybersecurity firm Cynet sheds light on evolving cyberattack patterns in North America and Europe since the pandemic’s onset. It presents critical data revealing shifts in attack volumes across various sectors, an uptick in spear-phishing as a prevalent attack vector, and emerging strategies for deploying malware within these targeted attacks.
The findings are particularly alarming with respect to the scale and sophistication of these attacks. Cynet’s analyses indicate that cybercriminals have increased their arsenal of techniques, utilizing existing strategies reinforced by new methodologies to enhance their likelihood of success. Historically, approximately 20% of attacks have involved novel techniques. However, this figure has surged to around 35% since the onset of the pandemic—indicating a significant shift in tactics.
This rise in innovative attack methods has introduced challenges for conventional antivirus solutions, which often fail to identify such threats. This change necessitates updated behavioral detection mechanisms capable of recognizing sophisticated tactics used in these attacks.
Compounding the issue is a reported 250% increase in client requests for assistance from Cynet’s dedicated detection and response team, known as CyOps. This surge underscores the urgent need for advanced detection methods and skilled personnel to confront the rising tide of cyber threats.
Many businesses lack the essential technologies, such as Extended Detection and Response (XDR) and 24/7 managed detection and response (MDR) capabilities, putting them at a heightened risk during this unprecedented era of cybersecurity challenges. To safeguard against the evolving threat landscape, companies are strongly urged to explore both XDR and MDR solutions. These measures can provide crucial defenses and ensure a fortified security posture moving forward.
As the volume and complexity of malware continue to escalate, businesses must prioritize ongoing threat hunting practices to mitigate risks effectively. The new environment requires a vigilant approach as detection and prevention strategies must adapt to the increasing sophistication of cyber threats.
For a more detailed analysis, interested parties can access the complete Cynet report through the provided link.
