SonicWall Cyber Threat Insights Unveil the Profound Depths of Cyberattacks, Emphasizing the Vital Role of Managed Service Providers (MSPs)

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- Overall intrusion attempts climb (+20%), as threat actors diversify tactics – increase in attacks around the globe.
- Ransomware intensifies through the year (+27% in 2H) peaking during the summer months (+37%).
- Total cryptojacking volume – spikes +659% globally.
- IoT exploit (+15%) and encrypted threats (+117%) also on the rise.
- SonicWall discovered 293,989 ‘never-before-seen’ malware variants – 805 a day.

SonicWall has released the 2024 SonicWall Annual Cyber Threat Report, offering insights into various cyber behaviors and trends to assist partners in developing data-driven solutions for heightened customer safety.

The report underscores the increasing complexity of the threat landscape, emphasizing the crucial role of Managed Service Providers (MSPs) in providing additional defense layers. Notably, the data reveals a surge in global intrusion attempts, a 659% increase in cryptojacking, and a 117% rise in encrypted threats.

As cyber threats continue to evolve, organizations are urged to adapt their security strategies accordingly. Managed Service Providers (MSPs) are highlighted as essential in swiftly identifying and remedying threats, emphasizing the need for an integrated approach to end-to-end managed threat protection.

Despite an overall -36% annual decline in ransomware numbers, the report indicates a strong rebound of +37% during the summer months, suggesting ongoing risks that organizations need to address.

The significance of an integrated approach for end-to-end managed threat protection is emphasized, with SonicWall’s patented Real-Time Deep Memory Inspection™ (RTDMI™) identifying over 294,000 ‘Never-Before-Seen’ malware variants in 2023. This underscores the persistent complexity of the threat landscape and the need for proactive measures.

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