Bitdefender Threat Report 2020: ransomware on the rise
Bitdefender Threat Report 2020: ransomware on the rise
Security

Bitdefender Threat Report 2020: ransomware on the rise

By Marco Cavicchioli - 9 Sep 2020

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Bitdefender has published its Mid-Year Threat Landscape Report 2020 covering the first six months of the year, which examines malware growth and new trends.

The most significant finding from this report is the seven-fold increase in ransomware reports compared to the same period last year. 

The assumption is that hackers have intensified their attack campaigns by exploiting, on the one hand, the pandemic, and on the other, the proliferation of smart working. 

The number of reports of coin miners also increased, but only by 20.32%, while reports of exploits increased by 405.79%. 

During the first three months of the year, hackers focused particularly on ransomware and other traditional threats, while from April, attacks involving banking Trojans began to grow, a seven-fold increase over the first six months of 2019. 

A unique feature of this first half of 2020 is that virtually all cybercriminals exploited the global emergency caused by the Coronavirus pandemic, generating a peak of scams, phishing and malware across all platforms. 

In fact, according to Bitdefender‘s telemetry, in May and June, 60% of all emails sent and received were fraudulent. 

In other words, cybercriminals seized the opportunity to exploit the problems caused by the coronavirus emergency, focusing more on planning new campaigns targeting specific regions and countries, rather than creating new, more sophisticated malware.

Bitdefender Threat Report, how hackers operate

In particular, in March, at the same time as the pandemic broke out, hackers began to direct their campaigns to the regions most affected by the health emergency, adapting their strategies and messages to the countries most affected by the spread of the virus.

However, the report does not provide information about the effectiveness of these attacks, or the profits generated by them, because it merely measures the number of reports made month by month, country by country. 

However, the increase in the number of reports corresponds to an increase in the number of attacks, and it can be assumed that this also means a general increase in profits generated by ransomware attacks in particular. 

 

Marco Cavicchioli
Marco Cavicchioli

Class 1975, Marco teaches web-technologies and is an online writer specializing in cryptocurrencies. He founded ilBitcoin.news, and his YouTube channel has more than 25 thousand subscribers.

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