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The Rise and Rise of the Cyber Economy – PandaLabs Q1 2017 Report

Developments in Cyber-crime, Cyberwarfare and AI mark the first quarter of 2017, as indicated by PandaLabs Q1 Report. The Report by Panda Security’s malware resource facility identifies prominent tactics, attack methods and shifts in the industry.

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A User-Friendly Interface for Cyber-criminals

Installing malware through Remote Desktop Protocol is a popular attack method used by many cyber-criminals. over the past few months Panda Security’s research facility PandaLabs, has analysed several attacks of this nature.

Once credentials are obtained through brute a force attack on the RDP, the cyber-criminals gain access to the company. Attackers simply execute the corresponding malware automatically to start the encryption.
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Hackers Spark Revival of Sticky Keys Attacks

Hackers are constantly trying to find new ways to bypass cyber-security efforts, sometimes turning to older, almost forgotten methods to gain access to valuable data. Researchers at PandaLabs, Panda Security’s anti-malware research facility, recently detected a targeted attack which did not use malware, but rather used scripts and other tools associated with the operating system itself in order to bypass scanners.
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IMG AVComp 03-17 - Blog

Panda Security Rated Top in Antivirus Test

A recent study conducted by AV Comparatives recognised Panda Security for having obtained the highest possible score by detecting 100% of the malware samples tested.
 

AV Comparatives most rigorous test ranks Panda Security number one for malware detection

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IQ Retail Guards Against New Age Threats with Panda Security

“Stories of cyber-attacks hit the news almost daily – data breaches, DDos attacks, email hacks and phishing attacks – reminders of the dangers of the internet” says Jeremy Matthews Regional Manager of Panda Security Africa. “Yet somehow all of these attacks still seem foreign– as though it would never happen to you, however the reality is, South African businesses are affected by these threats” continues Matthews.

IQ Retail MD, Chris Steyn knows this all too well and has seen first-hand the dramatic rise of new age threats such as Ransomware. Software company IQ Retail, provides expertise in complete financial and business administration solutions, focusing on the development of business systems for the accounting and retail management environment. Since its inception in 1986, IQ Retail has grown to become one of the premium providers of innovative business solutions.
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Cyber Security Predictions for 2017

Analysis

2016 kicked off with more than 20 million new samples of malware detected and neutralised by PandaLabs – an average of 227,000 per day. This figure is slightly higher than that of 2015, which saw around 225,000 per day.

Throughout 2016, we’ve seen how the number of new malware has been slightly lower than in 2015 — about 200,000 new samples of malware per day on average — however attacks have become more effective.
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