Shifting Threats require businesses to rethink security priorities

Trend Micro Incorporated, a cybersecurity solutions firm, released its 2018 Security Roundup Report, which depicts a threat landscape that has evolved heavily through both approach and tactics. One shift in attacks that businesses should be aware of is the rapid growth of cryptocurrency mining, which increased 237 per cent in the same time. Overall, attacks that capitalize on the human desire to respond to urgent requests from authority are on the rise, such as Business Email Compromise (BEC) and phishing, with phishing URL detections having increased an incredible 269 per cent compared to 2017.

In 2018, Asia (42.9 per cent) and the Americas (33 per cent) saw the highest number of ransomware threats. Out of the 1.8 billion ransomware threats reported globally from January 2016 to December 2018, India accounted for 10 per cent of all ransomware threats blocked by Trend Micro. And within Asia Pacific, Middle East, and Africa (AMEA), India accounted