Q3 2020 Internet Security Report sheds light on COVID-19 threat trends, growing network attacks, malware targeting U.S. SCADA systems, and more.
Panda, a WatchGuard brand, announced the release of its Internet Security Report for Q3 2020. Top findings from the research reveal how COVID-19 has impacted the security threat landscape, with evidence that attackers continue to target corporate networks despite the shift to remote work, and a rise in pandemic-related malicious domains and phishing campaigns.
“As the impact of COVID-19 continues to unfold, our threat intelligence provides key insight into how attackers are adjusting their tactics,” said Corey Nachreiner, chief technology officer at WatchGuard. “While there’s no such thing as ‘the new normal’ when it comes to security, businesses can be sure that increasing protection for both the endpoint and the network will be a priority in 2021 and beyond. It will also be important to establish a layered approach to information security, with services that can mitigate evasive and encrypted attacks, sophisticated phishing campaigns and more.”
WatchGuard’s Internet Security Reports inform businesses, their partners and end customers with hard data, expert analysis and actionable insights on the latest malware and network attack trends as they emerge and influence the ever-evolving threat landscape. Key findings from the Q3 2020 report include:
- Network attacks and unique detections both hit two-year highs – Network attacks swelled to more than 3.3 million in Q3, representing a 90% increase over the previous quarter and the highest level in two years. Unique network attack signatures also continued on an upward trajectory, reaching a two-year high in Q3 as well. These findings highlight the fact that businesses must prioritize maintaining and strengthening protections for network-based assets and services, even as workforces become increasingly remote.
- Businesses click on hundreds of phishing attacks and bad links – In Q3, WatchGuard’s DNSWatch service blocked a combined 2,764,736 malicious domain connections, which translates to 499 blocked connections per organization in total. Breaking it down further, each organization would have reached 262 malware domains, 71 compromised websites, and 52 phishing campaigns. Combined with the aforementioned rise in convincing COVID-19 scams, these findings illustrate the importance of deploying DNS filtering services and user security awareness training.
- LokiBot look-a-like debuts as a top widespread malware variant – Farelt, a password stealer that resembles LokiBot, made its way into WatchGuard’s top five most-widespread malware detections list in Q3. Though it is unclear if the Farelt botnet uses the same command and control structure as LokiBot, there’s a high probability the same group, SilverTerrier, created both malware variants. This botnet takes many steps to bypass antivirus controls and fool users into installing the malware. While researching the threat, WatchGuard found strong evidence indicating the malware has likely targeted many more victims than the data suggests.
- Emotet persists – Emotet, a prolific banking trojan and known password stealer, made its debut on WatchGuard’s top ten malware list for the first time in Q3 and narrowly missed the top ten list of domains distributing malware (by only a few connections). Despite coming in at #11 for the latter list, this appearance is particularly notable, as the WatchGuard Threat Lab and other research teams have seen current Emotet infections dropping additional payloads like Trickbot and even the Ryuk ransomware with no signs of slowing down.
WatchGuard’s quarterly research reports are based on anonymized Firebox Feed data from active WatchGuard appliances whose owners have opted in to share data to support the Threat Lab’s research efforts. In Q3, nearly 48,000 WatchGuard appliances contributed data to the report (the most ever), blocking a total of more than 21.5 million malware variants (450 per device) and more than 3.3 million network threats (or roughly 70 detections per appliance). Firebox appliances continued their upward trend of unique signature detections as well, collectively identifying and blocking 438 unique attack signatures – a 6.8% increase over Q2 and the most since Q4 2018.
The complete report includes in-depth research and key defensive best practices that businesses of all sizes can use to protect themselves against modern security threats. The report also features a detailed analysis of the historic Twitter hack that compromised 130 high-profile accounts to promote a Bitcoin scam in July 2020.
Download here the complete infographics and read WatchGuard’s full Q3 2020 Internet Security Report here today: https://www.watchguard.com/wgrd-resource-center/security-report-q3-2020.