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Trend Micro blocked over 7 million cyber security threats in Bahrain

Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, predicts that ransomware groups will increasingly target Linux servers and embedded systems over the coming years. The latest Trend Micro 2022 Midyear Roundup Report recorded a double-digit year-on-year (YoY) increase in attacks on these systems in H1 2022.

Detection of attacks from ransomware-as-a-service (RaaS) surged in the first half of 2022. Major players like LockBit and Conti were detected with a 500% YoY increase and nearly doubled the number of detections in six months respectively. The RaaS model has generated significant profits for ransomware developers and their affiliates. According to the data, Trend Micro blocked 63 billion threats in H1 2022, there were 52% more threats in the first half of the year than in the same period in 2021, while government, manufacturing, and healthcare were among the top three sectors targeted with malware.

In Bahrain, Trend Micro solutions detected and blocked over 4 million email threats, prevented 818,051 malicious URL victim attacks, and 2,502 URL hosts. In addition, over 1 million malware attacks were identified and stopped.

The report also highlights the ongoing risks of remote and hybrid work and learning environments. Backed by Trend Micro’s Smart Home Network (SHN) solutions, Bahrain blocked 26,800 SHN inbound and outbound attacks and prevented 102,388 SHN events for hackers to target or control home devices from executing malware, obtaining sensitive information, intercepting communications, or launching external attacks.

“Enterprises in Bahrain have resiliently battled against a rapidly evolving threat landscape yet challenges remain as they attack surface continues to expand,” said Assad Arabi, Managing Director, Gulf Cluster. “The findings of the midyear report emphasize the importance of strengthening the country's security strategy. Organizations can stay ahead of future threats by leveraging the most recent insights and through the adoption of a multi-layered, cybersecurity solution."

There are new ransomware groups emerging every day. In the first half of 2022, Black Basta was the most notable. Even though SMBs are a more popular target, many threat actors tend to go for large corporations. Vulnerability exploitation is a common ransomware attack vector. Unpatched vulnerabilities contribute to a growing digital attack surface that many organizations are struggling to secure as hybrid workplaces expand their IT environment. More than two-fifths of global organizations (43%) believe it is "spiraling out of control."

Furthermore, cloud visibility is crucial given the persistent risk posed by third parties using methods like cloud-based crypto mining and cloud tunneling to exploit misconfigured environments. Threat actors frequently use the latter to host phishing websites or route malware traffic.



Source: https://www.albawaba.com/business/pr/trend-micro-blocked-over-7-million-cyber-security-threats-bahrain-revealed-its-midyear

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