SonicWall Report Details Exponential Increase in Overall Cyberattacks

Milpitas, California-based SonicWall has released its 2024 Mid-Year Cyber Threat Report, detailing yet another rise in overall attacks, following an 11% increase in 2023.

“The data and examples found in the report provide real life examples of how crafty and swift malicious actors operate, underscoring that traditional cybersecurity defenses often prove to be the most reliable,” said SonicWall Executive Director of Threat Research Douglas McKee. “Data is not just a resource; it’s our frontline defense against cybercrime, revealing critical insights that inform allocation of resources and enable targeted and proactive cybersecurity measures.”

Total global malware volume rose 30% in the first half of 2024, seeing a massive 92% increase in May alone. Ransomware is trending up with an increase of +15% in North America and a resounding +51% in LATAM, but EMEA is pulling the global numbers down, logging a -49% decrease. IoT attacks rose by 107%, with affected devices averaging 52.8 hours under attack. After a record-breaking year, Cryptojacking dropped 60%. Most of the globe saw a decrease, with the exception of India, which saw a staggering 409% increase.

SonicWall Capture Labs threat researchers gather, analyze and vet cross-vector threat information from the SonicWall Capture Threat network, consisting of global devices and resources, including more than 1 million security sensors in nearly 215 countries and territories. The report details the evolving threat landscape over the first five months of this year, highlighting the persistent, relentless and escalating nature of cyber threats globally.

Channel Impact^®
As threat actors continue to add more efficient and sophisticated tactics, the threat landscape has completely overwhelmed many organizations, thereby providing partners with a solid opportunity to respond to the challenges technologically and also through education.