Security

SonicWall Threat Intelligence Confirms 981% Increase of Ransomware Attacks in India

debasish
Debasish Mukherjee, Vice President, Regional Sales-APAC at SonicWall

The frequency and variety of cyberattacks continue to expand every year, with an increasing cost to organizations worldwide.

As per 2022 SonicWall Cyber Threat Report, there has been growth in ransomware attacks. It has now reached 623.3 million globally. Nearly all monitored threats, cyberattacks and malicious digital assaults rose in 2021 including: ransomware, encrypted threats, IoT malware and cryptojacking. 

Debasish Mukherjee, Vice President, Regional Sales-APAC at SonicWall adds, “With threats of almost every type on the rise, is it imperative that we have strategies and resilience systems in place to respond almost instantaneously. Especially in Asia Pacific where many have been the target of these malicious attacks in a new paradigm for cybercrime, all the more our findings in the 2022 SonicWall Cyber Threat Report will help us to find the right security measures to protect our greatest assets and be a step ahead to prevent unwanted and damaging attacks.” 

Our findings in the 2022 SonicWall Cyber Threat Report will help us to find the right security measures to protect our greatest assets and be a step ahead to prevent unwanted and damaging attacks.”

Debasish Mukherjee, Vice President, Regional Sales-APAC at SonicWall

Ransomware’s Savage Reign Continues as Attacks Increase 105% 

SonicWall Capture Labs threat researchers diligently tracked the dramatic rise in ransomware, recording an astounding 318.6 million more ransomware attacks than 2020, a 105% increase. Ransomware volume has risen 232% since 2019. High-profile ransomware attacks impacted businesses, state and federal governments, schools, hospitals and even individuals. Attacks hit supply chains, causing widespread system downtime, economic loss and reputational damage. Following global trends, all industries faced large increases of ransomware volume, including government (+1,885%), healthcare (755%), education (152%) and retail (21%). 

As Cyberattack Vectors Expand, Malicious Assaults Climb 

The frequency and variety of cyberattacks continue to expand every year, with an increasing cost to organizations worldwide. SMBs and enterprises are progressively threatened by an assortment of cyberattacks, and without knowing what they are, or how cybercriminals operate; protecting business-critical data from cyberattacks becomes unmanageable. 

“Attacks on networks rose to a fever pitch in 2021,” said SonicWall Vice President of Platform Architecture Dmitriy Ayrapetov. “Ransomware, cryptojacking, vulnerably exploitation, phishing and other attacks continue to plague organizations around the world and overwhelm security teams. It’s important to understand the breakdown of these attacks and why they continue to be successful, as well as the drivers and trends behind them.” 

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