Over 2.6 crore cyber threats hit Indian enterprises in Q3, 2018: Seqrite threat report

New Delhi: Over 2.6 crore security threats targeted Indian enterprises during the third quarter of 2018, translating to a more than 2.8 lakh detection rate per day, according to Seqrite’s quarterly threat report.

With 40% of total malware detection, the IT/ITES industry is amongst the most vulnerable sector followed by organisations in manufacturing, education, and hospitality.

The report revealed an interesting threats and attacks trend across industries during the third quarter. It found that IT/ITeS companies faced the most number of threats, with over 40% of the threats targeting the industry. Other key sectors such as manufacturing (17.88%), education (12.56%), and hospitality (9.17%) were also deemed to be at risk.

Ransomware, exploits, PUA (potentially unwanted applications) & adware, infectors, and worms remained popular attack vectors for cyber criminals, but what was interesting to note was the growing threat posed by cryptojacking, according to the report findings.

Seqrite detected over 24,000 Cryptojacking hits on a daily basis during Q3 2018, underlining the growing popularity of this relatively new threat.

According to Sanjay Katkar, Joint MD & CTO – Quick Heal Technologies Limited, there is no denying that enterprises face an unparalleled security challenge today and growing interconnectivity has demolished traditional security perimeters.

“Every endpoint, every node, every device connected to enterprise networks has become a point of entry for attackers looking to steal invaluable information and disrupt business operations. Attacks are becoming smarter and more targeted, and are causing much greater damage. In this context, the Seqrite Quarterly Threat Report Q3 2018 serves to underline the sheer scale of risk that Indian organisations are exposed to, at present,” said Katkar.

“Mapping these trends has really helped us in gaining a better understanding of the tactics and modalities adopted by threat actors while targeting Indian businesses. Having successfully defended our clients against these threats, we are now utilising the insights generated by our report to further strengthen our enterprise security offerings, and to better protect our clients from a fast-evolving threat landscape,” he added.

Based on Seqrite telemetry data, the Seqrite Quarterly Threat Report Q3 2018 has been compiled by Quick Heal Security Labs, the R&D division of Quick Heal Technologies dedicated to arm enterprises with cutting-edge security threat research and cyber intelligence, and analyses data fetched from enterprise networks and endpoints across the globe to deliver enhanced protection to clients against current and evolving cyber threats.

(Image credit – Seqrite)

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