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WatchGuard’s Q2 2018 Internet Security Report uncovers heightened use of credential-focused attacks and continued prevalence of malicious Office documents.
New research from the WatchGuard Threat Lab shows the emergence of the Mimikatz credential-stealing malware as a top threat and the growing popularity of brute force login attacks against web applications. The research also reveals that 50 percent of government and military employee LinkedIn passwords, largely from the US, were weak enough to be cracked in less than two days, underscoring the reality that passwords alone can’t offer enough protection and the need for multi-factor authentication (MFA) solutions. WatchGuard’s Internet Security Report for Q2 2018 explores the latest security threats affecting small to midsize businesses (SMBs) and distributed enterprises.
“Authentication is the cornerstone of security and we’re seeing overwhelming evidence of its critical importance in the common trend of password- and credential-focused threats throughout Q2 2018,” said Corey Nachreiner, Chief Technology Officer at WatchGuard Technologies. “Whether it’s an evasive credential-stealing malware variant or a brute force login attack, cyber criminals are laser-focused on hacking passwords for easy access to restricted networks and sensitive data. At WatchGuard, these trends are driving new innovative defences within our product portfolio, including AuthPoint, our Cloud-based multi-factor authentication solution and our IntelligentAV service, which leverages three malware detection engines to prevent malware strains that evade traditional signature-based antivirus products. Every organisation should seek out vendor and solution provider partners that offer layered protection against these ever-evolving attack techniques.”
The insights, research and security best practices included in WatchGuard’s quarterly Internet Security Report are designed to help organisations of all sizes understand the current cyber security landscape and better protect themselves, their partners and customers from emerging security threats. The top takeaways from the Q2 2018 report include:
This attack in particular is another example of cyber criminals’ heightened focus on credential theft and shows the importance of not only password security and complexity, but the need for MFA solutions as a more effective preventative measure.
The complete Internet Security Report features an in-depth analysis of the EFail encryption vulnerability, along with insights into the top attacks in Q2 and defensive strategies SMBs can use to improve their security posture. These finding are based on anonymized Firebox Feed data from nearly 40,000 active WatchGuard UTM appliances worldwide, which blocked nearly 14 million malware variants (449 per device) and more than 1 million network attacks (26 per device) in Q2 2018.
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