Ransomware remained the standout threat in the first half of the year as cybercriminals continued to target big-name victims

By : Mohamed El Kholy

Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today released its Midyear Security Roundup for H1 2021: Attacks from All Angles. The report shares insights on the evolved threat landscape from the first half of the year and provides strategic guidance for leaders to protect their organizations in the digital economy.

The report states that globally Trend Micro solutions blocked 40.9 billion email threats, malicious files, and malicious URLs for customers in H1 2021, with a 47% year-on-year increase. Ransomware remained the standout threat in the first half of the year as cybercriminals continued to target big-name victims.

They used Advanced Persistent Threat tools and techniques to steal and encrypt victims’ data. The banking industry was disproportionately affected, experiencing a 1,318% year-on-year increase in ransomware attacks in the first half of 2021.

In Egypt, Trend Micro solutions detected and blocked over 13 million (13,867,058) email threats, prevented over 1.4 million (1,453,650) malicious URL victim attacks, and over 5,230 URL hosts. In addition, over 681K (681,989) malware attacks were identified and stopped.

The report also shows that home networks in Egypt were a major attraction for cybercriminals looking to pivot to corporate systems, devices, and networks. Trend Micro’s Smart Home Network (SHN) solutions blocked over 12K (12,722) SHN inbound and outbound attacks combined, preventing over 11 million (11,192,800) such SHN events for hackers to target or control home devices from executing malware, obtaining sensitive information, intercepting communications, or launching external attacks.

“The Trend Micro Mid-year report highlights the evolved threat landscape and the need to adopt robust security solutions by enterprises,” said Ashraf Serag, Country Manager, Trend Micro Egypt.

“The pandemic forced companies to transform digitally, thus making cyber security a critical component of their growth journey.

Hence, it is imperative for them to re-assess their security stance and strengthen their security posture to be able to combat modern-day threats. The mid-year-round up report acts as a guide to help IT decision-makers take appropriate decisions to better protect their organizations against threats across all environments.”

Trend Micro has been collaborating with the public and private sectors to raise awareness and resolve gaps to enable secure digital transformation journeys for organizations in Egypt. The company is at the forefront in introducing new security solutions for businesses, leaving no stone unturned in providing enhanced visibility, threat intelligence, and extended detection and response at every stage of their IT journeys.

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