Cyber Attacks Happen Every Three Minutes!

We all often hear about malware attacks but what if you were told that malware attack takes place every three minutes! Well, that is exactly what FireEye Inc has revealed in its 2H 2012 Advanced Threat Report. The company plays a critical role in fighting cyber attacks. The report shows that malware activity has become so pervasive that organisations experience a malicious email file attachment or Web link as well as malware communication that evades legacy defences up to once every three minutes.

The report has gathered data from 89 million malware events and direct intelligence uncovered by the FireEye research team. It provides a global look into cyber attacks that routinely bypass traditional defenses such as firewalls, next-generation firewalls, IPS, anti-virus and security gateways. The report provides an overview of the current threat landscape, evolving advanced persistent threat (APT) tactics, and the level of infiltration seen in organisations' networks today. In addition, it offers a detailed look at trends taking place in specific industries, as well as a case study on a sophisticated and sustained attack that was waged during the course of 2012.

Key findings in the Advanced Threat Report include:

- On average, enterprises experience a malware event up to once every three minutes. Across industries, the rate of malware activity varies, with technology companies experiencing the highest volume with up to one event per minute. Some industries are attacked cyclically, while some verticals experience attacks erratically.

- Spear phishing remains the most common method for initiating advanced malware campaigns. When sending spear phishing emails, attackers opt for file names with common business terms to lure unsuspecting users into opening the malware and initiating the attack. These terms fall into three general categories: shipping and delivery, finance, and general business. The top term in malware file names, for example, was "UPS".

- ZIP files remain the preferred file of choice for malware delivery. Malicious malware is delivered in ZIP file format in 92 percent of attacks.

- Several innovations have appeared to better evade detection. Instances of malware are uncovered that execute only when users move a mouse, a tactic which could dupe current sandbox detection systems since the malware doesn't generate any activity. In addition, malware writers have also incorporated virtual machine detection to bypass sandboxing.

- Attackers are increasingly using DLL files. By avoiding the more common .exe file type, attackers leverage DLL files to prolong infections.

Commenting on the report, Ashar Aziz, FireEye founder and CTO said, "This report provides an overview of how attacks have become much more advanced and successful at penetrating networks, regardless of industry. As cyber criminals invest more in advanced malware and innovations to better evade detection, enterprises must rethink their security infrastructure and reinforce their traditional defenses with a new layer of security that is able to detect these dynamic, unknown threats in real-time."

"The high rate at which cyber attacks are happening illustrates the allure of malware," said Zheng Bu, senior director of research. "Today, malware writers spend enormous effort on developing evasion techniques that by pass legacy security systems. Unless enterprises take steps to modernize their security strategy, most organizations are sitting ducks."

EFYTIMES News Network