London, 28th February 2016 –Trend Micro, a global leader in cybersecurity solutions, today released its annual security roundup report, “2016 Security Roundup: A Record Year for Enterprise Threats,” which proves 2016 was truly the year of online extortion. Cyber threats reached an all-time high in 2016, with ransomware and Business Email Compromise (BEC) scams gaining increased popularity among cybercriminals looking to extort enterprises. A 752 percent increase in new ransomware families ultimately resulted in $1 billion in losses for enterprises worldwide.
Trend Micro and the Zero Day Initiative (ZDI) discovered 765 vulnerabilities in 2016. Of these, 678 were brought to ZDI through their bug bounty program, then ZDI verifies and discloses the issue to the affected vendor. Compared to vulnerabilities discovered by Trend Micro and ZDI in 2015, Apple saw a 145 percent increase in vulnerabilities, while Microsoft bugs decreased by 47 percent. Additionally, the use of new vulnerabilities in exploit kits dropped by 71 percent, which is partially due to the arrest of the threat actors behind Angler that took place in June 2016.
“As threats have diversified and grown in sophistication, cybercriminals have moved on from primarily targeting individuals to focusing on where the money is: enterprises,” said Ed Cabrera, chief cybersecurity officer for Trend Micro. “Throughout 2016 we witnessed threat actors extort companies and organizations for the sake of profitability and we don’t anticipate this trend slowing down. This research aims to educate enterprises on the threat tactics actively being used to compromise their data, and help companies adopt strategies to stay one step ahead and protect against potential attacks.”
In 2016, the Trend Micro Smart Protection Network™ blocked more than 81 billion threats for the entire year, which is a 56 percent increase from 2015. In the second half of 2016, more than 3,000 attacks per second were blocked for customers. During this time, 75 billion of blocked attempts were email based, illustrating that email remains the top entry point for threats.
Report highlights include:
For the complete report, please visit: http://www.trendmicro.co.uk/vinfo/uk/security/research-and-analysis/threat-reports/roundup.
About Trend Micro
Trend Micro Incorporated (TYO: 4704), a global leader in security software, strives to make the world safe for exchanging digital information. Our solutions for consumers, Trend Micro™ Smart Protection Network™ provide layered content security to protect information on mobile devices, endpoints, gateways, servers and the cloud. Trend Micro enables the smart protection of information, with innovative security technology that is simple to deploy and manage, and fits an evolving ecosystem. Leveraging these solutions, organizations can protect their end users, their evolving data center and cloud resources, and their information threatened by sophisticated targeted attacks.
All of solutions are powered by cloud-based global threat intelligence, the Trend Micro™ Smart Protection Network™, and are supported by over 1,200 threat experts around the globe.
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