Microsoft report uncovers 600 million cyberattacks daily as global tensions rise

TAGS

The latest Microsoft Digital Defense Report reveals an unprecedented surge in global cybersecurity threats, with 600 million cyberattacks occurring daily. These alarming numbers highlight the expanding digital threat landscape, driven by geopolitical tensions and increasing technical sophistication among cybercriminals and nation-state cyber threats. According to Microsoft, addressing this crisis requires immediate action, including international cooperation and a commitment to fortify digital defenses.

Anna Bar Lev, a senior security expert at Microsoft, noted that only a united front can effectively counteract global cyberattacks surge. She emphasised the importance of fostering cybersecurity principles across individuals, corporations, and governments, ensuring a collective response to the challenges posed by the digital threat landscape.

Ransomware attack increase and tech scams reach alarming levels

Microsoft’s findings revealed a dramatic ransomware attack increase, surging by 2.75 times compared to last year. Despite this, the encryption success rate of such attacks has dropped significantly, reflecting improved defences. However, weak password practices remain a glaring vulnerability, with poor password hygiene enabling 99% of identity-related breaches.

See also  Red Hat advances JBoss EAP on Microsoft Azure with new payment models

Tech scams also represent a growing menace in the global cybersecurity threats arena. Between 2021 and 2023, techscam activity experienced a staggering 400% increase, far outpacing the rise of malware and phishing attacks. These scams exploit users through impersonation tactics, fake ads, and fraudulent tech support, further complicating the digital threat landscape.

The proliferation of distributed denial attacks has further exacerbated global cyber risks. In 2024, Microsoft mitigated 1.25 million DDoS attacks, a fourfold increase from the prior year. These attacks demonstrate evolving techniques and growing scale, underscoring the need for proactive defences against distributed denial attacks.

Geopolitical cyber campaigns heighten global risks

The report highlights the connection between geopolitical cyber campaigns and rising threats. Nation-state actors, particularly from Russia, China, and Iran, have become increasingly aggressive in cyberspace. Russian hackers focused on targeting Ukraine and NATO allies, while China prioritised operations in Taiwan and Southeast Asia. The ongoing Israel-Hamas conflict spurred Iranian cyber activity, intensifying attacks on Israel and Gulf nations.

See also  HFCL Q1 FY23 profit after tax drops 42% to Rs 53cr

Phishing campaigns tied to geopolitical cyber campaigns often employ homoglyph domains to deceive users. Microsoft reported tracking over 10,000 such domains, which mimic legitimate URLs to steal information or distribute malware.

AI-driven cyber tools transform threats and defences

The rise of AI-driven cyber tools is reshaping both offensive and defensive strategies in cybersecurity. While some state actors, such as China and Russia, experiment with AI for misinformation campaigns, defenders are increasingly using AI to detect and neutralise threats. Microsoft highlighted the critical role of AI in automating responses to real-time attacks, demonstrating its dual role in the digital threat landscape.

See also  Sasken Technologies launches world's first LTE-based satellite product

International cybersecurity collaboration needed for lasting solutions

Microsoft’s Secure Future Initiative underscores the need for international cybersecurity collaboration to combat rising threats. The report called for the establishment of enforceable norms in cyberspace to deter nation-state cyber threats. Collaboration between public and private sectors is essential for neutralising the growing global cyberattacks surge.

By processing over 78 trillion security signals daily, Microsoft continues to monitor and adapt to evolving risks, offering comprehensive solutions to its users. However, Microsoft stresses that mitigating global cybersecurity threats requires not only better technology but also collective global action.


Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.

CATEGORIES
TAGS
Share This

COMMENTS

Wordpress (0)
Disqus ( )