WatchGuard Report: 55% of Malware Attacks in Q4 2023 Were Encrypted, a 7% Rise from Q3 – The Fast Mode

WatchGuard Technologies on Wednesday announced the findings of its latest Internet Security Report, detailing the top malware trends and network and endpoint security threats analyzed by WatchGuard Threat Lab researchers. Key findings from the data show a dramatic surge in evasive malware that fueled a large increase of total malware, threat actors targeting on-premises email servers as prime targets to exploit, and ransomware detections continuing to decline, potentially as a result of law enforcements international takedown efforts of ransomware extortion groups.

Among the key findings, the latest Internet Security Report featuring data from Q4 2023 showed:

Consistent with WatchGuards Unified Security Platform approach and the WatchGuard Threat Labs previous quarterly research updates, the data analyzed in this quarterly report is based on anonymized, aggregated threat intelligence from active WatchGuard network and endpoint products whose owners have opted to share in direct support of WatchGuards research efforts.

For a more in-depth view of WatchGuards research, download the complete Q4 2023 Internet Security Report here: https://www.watchguard.com/wgrd-resource-center/security-report-q4-2023

Corey Nachreiner, chief security officer at WatchGuard

The Threat Labs latest research shows threat actors are employing various techniques as they look for vulnerabilities to target, including in older software and systems, which is why organizations must adopt a defense-in-depth approach to protect against such threats. Updating the systems and software on which organizations rely is a vital step toward addressing these vulnerabilities. Additionally, modern security platforms that are operated by managed service providers can deliver the comprehensive, unified security that organizations need and enable them to combat the latest threats.

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WatchGuard Report: 55% of Malware Attacks in Q4 2023 Were Encrypted, a 7% Rise from Q3 - The Fast Mode

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