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SonicWall 2019 report: 55% rise in IoT malware attacks

July 24, 2019 / Open Access Government

New data found an escalation in ransomware-as-a-service, open-source malware kits and cryptojacking used by cybercriminals.“Organizations continue to struggle to track the evolving patterns of cyberattacks — the shift to malware cocktails and evolving threat vectors — which makes it extremely difficult for them to defend themselves,” said SonicWall President and CEO Bill Conner.“In the first half of 2019, SonicWall Real-Time Deep Memory Inspection (RTDMI) technology unveiled 74,360 ‘never-before-seen’ malware variants. To be effective, companies must harness innovative technology, such as machine learning, to be proactive against constantly-changing attack strategies.