Industry News July 2020

29th July 2020, von in Uncategorised

Garmin outage exposes continuing vulnerability to ransomware

Hundreds of thousands of runners, swimmers, and cyclists – not to mention airline pilots – had the stark reality of ransomware thrust into their faces recently when fitness-watch maker Garmin was hit by a major attack.

The widely used Connect app was affected, which meant that users were unable to upload data from their watches and use the app to track their performance and training. Garmin’s call centres and production facilities were also affected as was its aviation database service, flyGarmin, which supports aviation navigational equipment, and its Garmin Pilot app, which is used to schedule and plan flights.

Big companies may not be the only targets. According to the latest Cyber Threat Report from SonicWall, attacks are up steeply – they more than doubled in the US last year – and more IoT devices are being targeted as cybercriminals target home workers.

We are likely to see more attacks and more creative techniques being used by cybercriminals and the message for everyone is clear – make sure you have good multi-layer protection, solid security policies for all users, and that you back up and protect critical and sensitive data.


Average of 375 new threats per minute during COVID-19 outbreak

No ethical business wants to use the pandemic to drive profits – but cybercriminals do not share these sensibilities as the McAfee COVID-19 Threat Report: July 2020 reveals. The report examines cybercriminal activity related to COVID-19 and the evolution of cyber threats in Q1 2020.

McAfee Labs saw an average of 375 new threats per minute and a surge of cybercriminals exploiting the pandemic through COVID-19 themed malicious apps, phishing campaigns, malware, and more. New PowerShell malware increased a mind-numbing 688% over the quarter, while total malware grew a staggering 1,902% over the past four quarters.

Other key findings include:

  • While new ransomware declined 12% in Q1, total ransomware increased 32% over the past four quarters.
  • New malware samples slowed by 35%; but total malware increased 27% over the past four quarters. New Mac OS malware samples increased by 51%.
  • New mobile malware increased by 71%, with total malware growing nearly 12% over the past four quarters.
  • New coin-mining malware increased 26%. Total coin-mining malware samples increased nearly 97% over the past four quarters.
  • New PowerShell malware increased 689%; total malware grew 1,902% over the past four quarters.
  • New IoT malware samples increased nearly 58%; total IoT malware grew 82% over the past four quarters.

To read the full story click here.


PC sales boosted by pandemic as more users look to work at home

Demand generated by the COVID-19 lockdown gave the EMEA PC market to its strongest growth since 1998, according to IDC. Combined sales of ‘traditional’ PCs surged by 26.4% overall in Q2 compared to the previous year and totalled 20.7 million units. But with the trend firmly towards home working, notebook sales took the lion’s share – they were up 49.0% while desktop sales declined 16.1%. The balance between commercial

The picture was even better in Western Europe, where growth was 30.6% year-on-year – the strongest since 1998, Commercial was up 20.5% and consumer 51.2%.

The question now is whether there be a slump in demand, or sales will continue to rise. With many people looking to get more serious about home working, there seems to be every chance that they will continue on an upward trajectory – certainly on a year-on-year basis – for now. Displays, small printers and accessories are also likely to follow suit as people look to improve their home office set-up.

You can read more here.


Big growth surge for DaaS

Desktop as a Service (DaaS) is expected to grow by 95.4% this year to $1.2 billion globally. That’s according to Garner. But Software as a Service (SaaS) remains the largest market segment and is forecast to grow to $104.7 billion this year. This trend is being driven by the from on-premises to subscription and demand for new collaboration tools for home working.

The second-largest market segment is Infrastructure as a Service (IaaS), which is forecast to grow 13.4% to $50.4 billion. Gartner said that effects of the global economic downturn are intensifying the urgency to move off of legacy infrastructure operating models an onto cloud.

Overall, it expects public cloud revenues to grow 6.3% in 2020 to total $257.9 billion.

Table 1. Worldwide Public Cloud Service Revenue Forecast (Millions of U.S. Dollars)

2019 2020 2021 2022
Cloud Business Process Services (BPaaS) 45,212 43,438 46,287 49,509
Cloud Application Infrastructure Services (PaaS) 37,512 43,498 57,337 72,022
Cloud Application Services (SaaS) 102,064 104,672 120,990 140,629
Cloud Management and Security Services 12,836 14,663 16,089 18,387
Cloud System Infrastructure Services (IaaS) 44,457 50,393 64,294 80,980
Desktop as a Service (DaaS) 616 1,203 1,951 2,535
Total Market 242,697 257,867 306,948 364,062

You can read more here.


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