malware

Summer Security Trends

Summer Security TrendsSecurity experts saw an uptick in malware in the first three summer months due to increased mobile device and computer activity. From May to July, malware claimed the spotlight, making up 58% of all reported cyber threats. The primary entry point for malware was phishing at almost 25%, followed by adware at 8%. Users tend to be online looking for sales, vacation opportunities, and back-to-school shopping, which all have potential phishing opportunities attached to them.

This research comes behind Q1 research showing criminals adapting their threats to the security landscape. The study shows information technology organizations overtook financial institutions for the number one targeted category of malicious emails. The change reflects the dedication of financial institutions to invest in cyber security to defend against phishing attacks and the talent shortage in information technology that has dominated security news.

Additionally, in Q2, the study found that 58% of the malicious emails relied on deceptive content, while 42% included harmful links. This emphasis on malicious content clarifies the prevalence of business email compromise (BEC) scams, comprising 48% of scam emails in the same quarter. BEC scams are notorious for favoring content-based deception over links or attachments in their fraudulent email schemes.

The report also highlighted a change in the type of attack vector criminals use. Malicious emails used QR codes as a primary attack method to link users to a phishing page. The use of QR codes is a response to users’ education on traditional phishing attack vectors and a trust of QR codes through restaurant and public use. QR codes also introduce a second device to the attack if users access the link with a mobile phone.

It’s essential to keep your employees updated on the most common attack vectors we are seeing in the wild. Your employees are your first line of defense against security threats. Continuous education on cybersecurity trends helps to keep those defenses strong.

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Posted by Charles Wright in Cybersecurity, Information Security, Recent Posts, Small Business

Cyber Insurance Update

Cyber Insurance for Small Business Updates 2022

Cyber Insurance Explained is our most popular video, so we thought it was a good time to talk through some updates we are seeing in Cyber Insurance.

Quanexus IT Support Services for Dayton and Cincinnati

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Posted by Charles Wright in Cybersecurity, Information Security, Recent Posts, Small Business

Cyber Attack Update

One of my favorite sites to follow is Hackmageddon.com. They keep trends on the cyber threat landscape. If you have been to one of our security seminars, you would see some screen clippings from their site. Here is a brief update on the cyber threats from April.

Motivation behind attacks:

  • 82% Cyber Crime
  • 14% Cyber Espionage
  • 3% Cyber Warfare
  • 1% Hacktivism

Attack Vectors, The Top 3 (These are tools being used for the attack)

  • 32.3% Malware (drops to 32.3% from 41.1%)
  • 20.6% Account Hijacking (Phishing Attacks push account hijackings to 20.6% from 14.2%)
  • 14% Targeted Attacks

Target Distribution, Top 4

Weighting in at number one is the Individual. The individual is targeted because they have become the lowest hanging fruit not believing that it will happen to them. Individuals are also the number #1 cause of corporate account takeover and business email compromise.

  • Individuals 17%
  • Multiple Industries 16% (small and medium sized businesses)
  • Public Admin 13%
  • Human Health etc. 10% (Hospitals, Medical practices, other health care)

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If you would like more information, contact us here or call 937.885.7272.

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Posted by Jack Gerbs in Recent Posts