8 Riveting Revelations from Fortinet's Q4 2016 Threat Landscape Report

Posted by Susan Sison on Jun 8, 2017 1:57:05 PM

 CTA report

As the saying goes, “Knowledge is power,” and when it comes to threat detection and combating cyber threats, actionable intelligence is our most powerful weapon.

Fortunately, we have friends on the inside. Fortinet, one of the leading providers of security tools, has been actively reporting on the threat landscape, having recently released their quarterly Threat Landscape Report for Q4 of 2016.

“Fame and fortune go to those who understand the risks and manage them well,” says the report, featuring a quarter’s worth of data from millions of security devices from around the world that, together, analyze up to 50 billion threats daily, or a trillion security events. This information is made available so that businesses may work together to prevent the spread of cybercrime and thwart a crippling culture of FUD (fear, uncertainty, and doubt).

Here are a few revelations from the report:

  1. A record-setting DDoS attack was built around everyday connected devices, creating a new frontier of Internet of Things (IoT) threats.
  2. The growth of cyber crime has expanded averaging 10.7 unique exploits per organization, with 9 in 10 firms detecting high-severity exploits.
  3. 86% of companies registered attacks attempting to exploit vulnerabilities that were over a decade old. It is time to upgrade!
  4. Ransomware as a Service (RaaS) allows criminals with virtually no training or skills the opportunity to launch ransomware in exchange for a share of the profits.
  5. Two malware families, Nemucod and Agent, comprised a staggering 81.4% of all malware.
  6. Mobile malware is increasing at nearly 2% of all volume.
  7. Fortinet detected an average of 6.7 unique active botnet families per organization.
  8. Cybercriminals are most active during the busiest buying days of the year when more shoppers are online or performing electronic transactions.

A detailed infographic of additional takeaways is available here.

Knowledge is Necessary to Counter Cyber Threats

According to Fortinet, the last quarter of 2016 continued a trend of increasing volume, prevalence and intensity of cyber attacks. Threats and cybercrimes have become more powerful and more malicious, diving deeper into the ‘dark web’ where organized crime is less likely to be noticed.

“When it comes to understanding your organization’s threat landscape, it’s healthy to remember two things:

1) your threat landscape is more similar to that of others than you probably think, and

2) it is also different from others in ways you may not have thought about. Understanding which strategies, tactics and threat intelligence you can borrow from others, and which can safely be set aside, is valuable knowledge that requires patience and expertise to develop. This report can help.”

A partner of Fortinet, NCA can help businesses address threats with an end-to-end security approach — like that enabled by the Fortinet Security Fabric. We combine advanced cybersecurity technology and best practices with our knowledge of the threat landscape to help organizations develop adaptive security strategies to address the latest risks. We encourage you to learn more by reading the full report and reaching out to NCA directly with any questions you may have regarding threats and how we can help you build a more secure future for your organization.

Network Computing Architects, Inc. is a premier provider of high quality sustainable and secure networking, information security solutions and unified communications. We partner with our clients to provide answers to business initiatives where leading technologies converge.

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