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Panda Security Releases 2017 Annual Report

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BURLINGTON, Mass. 

PandaLabs, Panda Security’s anti-malware laboratory, presents “PandaLabs Annual Report 2017.” The report details the historic year in cyber-security and looks ahead to 2018.

The report states that 75 million distinct malware files were created between the beginning of the year and October, which translates to 285,000 new samples detected every day by PandaLabs.

2017 Cybersecurity Trends

More than half of attacks are motivated by financial targets, while espionage is the second greatest motivating factor. Stealth attacks with adaptive lateral movements are becoming all too common.

Malware-less attacks are increasingly favored by attackers. They prefer to remain invisible to traditional protection models, and do not require the victim’s interaction. These attacks can double profitability when optimally executed.

Tools for exploiting vulnerabilities have given rise to new attack vectors that require no human interaction. The endpoint is the target. The perimeter has become blurred, mobility is the norm in any company, and corporate networks are therefore much more exposed.

Other trends detailed in the report are ex-employees attempted to extort their previous companies, initiating attacks from within the company and cyberwarfare and cyber-armies. Nations are in a full-on arms race in cyberspace, they’re creating cyber command centers to bolster defenses against attacks on companies and infrastructures.

The report also details figures and statistics, and the tactics hackers use to infect computers.

Cybersecurity Predictions for 2018

“PandaLabs Annual Report 2017,” looks ahead by making cyber-security predictions for the coming year.

Cyberwarefare and its consequences: Instead of an open war where the opposing sides are clearly identifiable, we are facing a guerrilla strategy with isolated attacks whose authors are never clear. Freelancers at the service of the highest bidder, false flag operations, and an increase in collateral victims of these attacks is what’s in store for 2018.

Malware for mobile devices and the Internet of Things will continue to rise. More advanced attacks and more ransomware can be expected in the coming year. These attacks promise a high return on their investment at a low level of risk.

Companies will spearhead awareness-building initiatives for attacks: for the first time in history, the public will be aware of attacks that happen and are in many cases subsequently covered up, thanks to the new GDPR legislation. PandaLabs annual report takes a look at the opportunity that lies ahead for the industry with GDPR.

In the “PandaLabs Annual Report 2017,” you can learn about real cases, review the most discussed attacks of 2017, and read more about what lies ahead in 2018. Download the full report here.

About Panda Security-

Panda Security is the world's leading cloud-based IT security solutions and management & control tools. Initially centered on creating antivirus software, the company has since expanded its line of business to advanced cyber-security services. Panda Security directs their actions towards the corporate business market as well as for home users. Their solutions are available in more than 23 languages for their 30 million users in 190 countries worldwide. For more information: http://www.pandasecurity.com/