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Watch out for advanced email threats

AvantiKumar | Nov. 9, 2016
Malaysian businesses are facing more advanced malware threats delivered through email.

ransomware (IDG Connect) - DONE

Image (IDG) - Ransomware

 

Malaysian businesses are facing more advanced malware threats, which include ransomware, spyware, computer viruses, and other malicious programs, delivered through email, according to the latest trackers.

According to Verizon's 2016 Data Breach Investigations report, malware stands as the number one attack vector for cybercrime. Earlier this year, national infosecurity agency CyberSecurity Malaysia's chief executive officer Dato' Dr Amirudin Abdul Wahab issued a national ransomware warning.  Ransomware downloaders are among the most prevalent malware seen by research trackers such as FortiGuard Labs, which has noted new variants every day.

Invented some 47 years ago, email is used by more than 2.6 billion users in the world, and this is expected to exceed 3 billion by the end of 2020. In addition, market research company The Radicati Group said the number of business and consumer emails sent per day will hit 258 billion by 2020.

Unprecedented resources

Cyber criminals are pouring "unprecedented resources into creating malicious threats designed to cripple an organisation.

For businesses, the security of email is still a major concern as it remains a primary delivery method, commented network security Fortinet's Malaysia country manager Michelle Ong.

Ong said businesses should implement a secure email system "that not only keeps threats from getting in, but also keeps critical data from getting out. And with the speed that new malware threats are being created, one needs a protection system that is constantly being updated with the latest threat intelligence."

"If your secure email gateway service has been in place for more than two years, it probably is not designed to deal with threats such as ransomware," she said.

"If any business has moved its e-mail protection to a cost-saving cloud-based e-mail security service, one may not be getting the latest protection from dedicated security experts," Ong added.

 

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