McAfee has today released its McAfee COVID-19 Threat Report: July 2020 examining cybercriminal activity related to COVID-19 and the evolution of cyber threats in Q1 2020.
McAfee Labs saw an average of 375 new threats per minute and a surge of cybercriminals exploiting the pandemic through COVID-19 themed malicious apps, phishing campaigns, malware, and more. New PowerShell malware increased 688% over the course of the quarter while total malware grew 1,902% over the past four quarters.
Disclosed incidents targeting the public sector, individuals, education, and manufacturing increased; nearly 47% of all publicly disclosed security incidents took place in the United States.
“Thus far, the dominant themes of the 2020 threat landscape have been cybercriminal’s quick adaptation to exploit the pandemic and the considerable impact cyberattacks have had,” said Raj Samani, McAfee fellow and chief scientist.
“What began as a trickle of phishing campaigns and the occasional malicious app quickly turned into a deluge of malicious URLs and capable threat actors leveraging the world’s thirst for more information on COVID-19 as an entry mechanism into systems across the globe.”
Each quarter, McAfee assesses the state of the cyber threat landscape based on in-depth research, investigative analysis, and threat data gathered by the McAfee Global Threat Intelligence cloud from over a billion sensors across multiple threat vectors around the world.
McAfee researchers found it is typical of COVID-19 campaigns to use pandemic-related subjects including testing, treatments, cures, and remote work topics to lure targets into clicking on a malicious link, download a file, or view a PDF.
To track these campaigns, McAfee Advanced Programs Group (APG) has published a COVID-19 Threat Dashboard, which includes top threats leveraging the pandemic, most targeted verticals and countries, and most utilised threat types and volume over time.
“Cybersecurity cannot be solved by cookie cutter approaches, each organisation is unique and has specific intelligence requirements and objectives,” said Patrick Flynn, head of McAfee APG. “The McAfee COVID-19 Threat Dashboard utilises data to create true analysed intelligence, which allows users to understand the total threat environment, informing them of potential threats before they are weaponised.”
Over the course of the first quarter of 2020, McAfee Advanced Threat Research (ATR) observed malicious actors focus on sectors where availability and integrity are fundamental, for example manufacturing, law and construction firms.
“No longer can we call these attacks just ransomware incidents. When actors have access to the network and steal the data prior to encrypting it, threatening to leak if you don’t pay, that is a data breach,” said Christiaan Beek, senior principal engineer and lead scientist. “Using either weakly protected Remote Desktop Protocol or stolen credentials from the underground, we have observed malicious actors moving at lightspeed to learn the network of their victims and effectively steal and then encrypt their data.”