Ransomware Doubled in Second Half of 2016, says Check Point

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
57
Ransomware Doubled in Second Half of 2016, says Check Point

SAN CARLOS, Calif., Feb. 21, 2017 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (Nasdaq:CHKP), today released its H2 2016 Global Threat Intelligence Trends, revealing that ransomware attacks doubled during the period.  Out of all recognized malware incidents globally, the percentage of ransomware attacks increased from 5.5% to 10.5% between July and December 2016.

The H2 2016 Global Threat Intelligence Trends Report highlights the key tactics cyber-criminals are using to attack businesses, and gives a detailed overview of the cyber-threat landscape in the top malware categories – ransomware, banking and mobile. It is based on threat intelligence data drawn from Check Point’s ThreatCloud World Cyber Threat Map between July and December 2016.

Key trends
Check Point researchers detected a number of key trends during the period:

  • The Monopoly in the Ransomware Market – thousands of new ransomware variants were observed in 2016, and in recent months we witnessed a change in the ransomware landscape as it became more and more centralized, with a few significant malware families dominating the market and hitting organizations of all sizes.
  • DDoS Attacks via IoT Devices – in August 2016, the infamous Mirai Botnet was discovered – a first of its kind the Internet-of-Things (IoT) Botnet, which attacks vulnerable Internet-enabled digital such as video recorders (DVR) and surveillance cameras (CCTV). It turns them into bots, using the compromised devices to launch multiple high-volume Distributed Denial of Service (DDoS) attacks. It is now clear that vulnerable IoT devices are in use in almost every home, and massive DDoS attacks that are based on such will persist.
  • New File Extensions Used in Spam Campaigns – the most prevalent infection vector used in malicious spam campaigns throughout the second half 2016 was downloaders based on Windows Script engine (WScript). Downloaders written in Javascript (JS) and VBScript (VBS) dominated the mal-spam distribution field, together with similar yet less familiar formats such as JSE, WSF, and VBE.

Top malware during H2 2016:

  1. Conficker (14.5%) - Worm that allows remote operations and malware download. The infected machine is controlled by a botnet, which contacts its Command & Control server to receive instructions.
  2. Sality (6.1%) - Virus that allows remote operations and downloads of additional malware to infected systems by its operator. Its main goal is to persist in a system and provide means for remote control and installing further malware.
  3. Cutwail (4.6%) - Botnet mostly involved in sending spam e-mails, as well as some DDOS attacks. Once installed, the bots connect directly to the command and control server, and receive instructions about the emails they should send. After they are done with their task, the bots report back to the spammer exact statistics regarding their operation.
  4. JBossjmx (4.5%) - Worm that targets systems having a vulnerable version of JBoss Application Server installed. The malware creates a malicious JSP page on vulnerable systems that executes arbitrary commands. Moreover, another Backdoor is created that accepts commands from a remote IRC server.
  5. Locky (4.3%) - Ransomware, which started its distribution in February 2016, and spreads mainly via spam emails containing a downloader disguised as a Word or Zip file attachment, which then downloads and installs the malware that encrypts the user files.

Top ransomware during H2 2016:
The percentage of ransomware attacks out of all recognized attacks globally almost doubled in the second half of 2016, from 5.5% to 10.5%. The most common variants detected were:

  1. Locky 41% - The third most common ransomware in H1, which increased dramatically in the second half of the year.
  2. Cryptowall 27% - Ransomware that started as a Cryptolocker doppelgänger, but eventually surpassed it. After the takedown of Cryptolocker, Cryptowall became one of the most prominent ransomwares to date. Cryptowall is known for its use of AES encryption and for conducting its C&C communications over the Tor anonymous network. It is widely distributed via exploit kits, malvertising and phishing campaigns.
  3. Cerber 23% - the world’s biggest ransomware-as-a-service scheme.  Cerber is a franchise scheme, with its developer recruiting affiliates who spread the malware for a cut of the profits.

Top Mobile Malware during H2 2016:

  1. Hummingbad 60% - Android malware first revealed by Check Point research team that establishes a persistent rootkit on the device, installs fraudulent applications and with slight modifications could enable additional malicious activity such as installing a key-logger, stealing credentials and bypassing encrypted email containers used by enterprises.
  2. Triada 9% - Modular Backdoor for Android which grants superuser privileges to downloaded malware, and helps it to get embedded into system processes. Triada has also been seen spoofing URLs loaded in the browser.
  3. Ztorg 7% – Trojan that uses root privileges to download and install applications on the mobile phone without the user’s knowledge.

Top banking malware:

  1. Zeus 33% - Trojan that targets Windows platforms and is often used to steal banking information by man-in-the-browser keystroke logging and form grabbing.
  2. Tinba 21% - Banking Trojan that steals the victim’s credentials using web-injects, activated as the users try to login to their bank website.
  3. Ramnit 16% – Banking Trojan that steals banking credentials, FTP passwords, session cookies and personal data.

Maya Horowitz, Threat Intelligence Group Manager at Check Point commented: “The report demonstrates the nature of today’s cyber environment, with ransomware attacks growing rapidly. This is simply because they work, and generate significant revenues for attackers. Organizations are struggling to effectively counteract the threat: many don't have the right defenses in place, and may not have educated their staff on how to recognize the signs of a potential ransomware attack in incoming emails.”

“Additionally our data demonstrates that a small number of families are responsible for the majority of attacks, while thousands of other malware families are rarely seen,” continued Horowitz. “Most cyber threats are global and cross-regional, yet the APAC region, stands out as its Top Malware Families chart includes 5 families which do not appear in the other regional charts.”

The statistics in this report are based on data drawn from the ThreatCloud World Cyber Threat Map. Check Point’s ThreatCloud is the largest collaborative network to fight cybercrime, delivering the most up-to-date threat data and cyberattack trends from a global network of threat sensors. The ThreatCloud database identifies millions of malware types daily, and contains more than 250 million addresses analyzed for bot discovery, as well as over 11 million malware signatures and 5.5 million infected websites.
                        
A full copy of the report can be found here.

Follow Check Point via:
Check Point Blog: http://blog.checkpoint.com/
Twitter: http://www.twitter.com/checkpointsw
Facebook: http://www.facebook.com/checkpointsoftware   
YouTube: http://www.youtube.com/user/CPGlobal
LinkedIn: https://www.linkedin.com/company/check-point-software-technologies

About Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. (www.checkpoint.com) is the largest network cyber security vendor globally, providing industry-leading solutions and protecting customers from cyberattacks with an unmatched catch rate of malware and other types of threats. Check Point offers a complete security architecture defending enterprises – from networks to mobile devices – in addition to the most comprehensive and intuitive security management. Check Point protects over 100,000 organizations of all sizes.

INVESTOR CONTACT: Kip E. Meintzer Check Point Software Technologies +1.650.628.2040 ir@checkpoint.com MEDIA CONTACT: Emilie Beneitez Lefebvre Check Point Software Technologies Tel: +44 (0) 7785 381 302 press@checkpoint.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

AbbVie's Bold Leap in Menstrual Migraine Treatment

Updated Category News Views 9

AbbVie's Game-Changing Atogepant Study When it comes to pushing boundaries in the pharmaceutical world, there's no sitting on the fence. AbbVie's Phase 3 LUNA study results are painting a bright picture for women who suffer from the relentless grip of menstrual migraines. In a world where not a single treatment option has been approved specifically for this condition,...

Continue Reading
Step Inside Henson's Creature Shop Magic in NYC

Updated Category News Views 0

Unlock Puppet Magic with Jim Henson Tours Puppet fans, let me tell you, there's something going on in Queens, NY that's got both nostalgia and innovation scribbled all over it. We're talking about the legendary Jim Henson's Creature Shop opening its doors. If you're looking to relive the magic that helped shape a generation, get ready to dive into a world where creativity...

Continue Reading
Diaper Affordability: A Hidden Crisis, Taxpayer Burden

Updated Category News Views 6

A Silent Crisis Lurking in Diapers Diapers. We don’t think about them much until we need them, but nearly half of U.S. families are painfully aware of their cost. According to a report from the NDBN Diaper Check 2026, many struggle to meet this basic necessity. This isn't just about keeping babies clean—it's a public health issue with economic ripples Congress can't...

Continue Reading
Bitwise Pulls Plug on Dogecoin ETF Amid Market Risks

Updated Category News Views 3

Bitwise Ditches Dogecoin ETF: End of a Speculative Era Who knew that a digital asset inspired by an internet meme would get a platform on Wall Street? Well, Bitwise did. They rallied behind Dogecoin, launching the Bitwise Dogecoin ETF, ticker BWOW. But as of September 10, 2026, the fund's journey is coming to an end with liquidation just around the corner. What Sparked...

Continue Reading
Red-Eye Flights Surge, Driven By Western U.S. Routes

Updated Category News Views 3

You can always count on some things staying the same, right? Well, if you thought red-eye flights were going to fade away, think again. These late-night wonders are not just hanging around—they're booming in the west like there's no tomorrow. Literally. Champion Traveler has laid it all out for us: about 115,580 overnight flights in 2025, a record high since this mad...

Continue Reading
Helio Fred Garcia Honored by Diversity Action Alliance

Updated Category News Views 4

Award Ceremony Set in the Big Apple In an industry where recognition often feels as transient as a ticker's daily high, the Diversity Action Alliance (DAA) is doing its bit to emphasize the lasting impact individuals can make. On September 16 in New York City, Helio Fred Garcia will be honored with the 2026 Pat Ford Larger Than Life Impact Award at the DAA's Annual...

Continue Reading
Cannabis Industry Pushes for Robust Financial Services

Updated Category News Views 3

Industry Gears Up for Financial Action Clearly, cannabis businesses are shouting louder than a vendor at a ballgame, demanding more than just the basic chips-and-soda banking service. They’re on the hunt for serious credit facilities, payments, and the traditional financial tools that most sectors take for granted. I mean, check this out: Shield Compliance just dropped...

Continue Reading
BusyBee AI Revolutionizes Classroom Feedback Efficiency

Updated Category News Views 1

Grading Overhaul: BusyBee's Role in Education Here's a twist for the history books: Agilix Labs' BusyBee, a slick AI assistant built right into the Buzz platform on Amazon Bedrock, is kicking traditional grading methods to the curb. This little helper is grading close to a million K-12 student submissions every month, meticulously approved by real teachers. Quite the...

Continue Reading
Unpacking RAGEism: Power Dynamics in U.S. Policies

Updated Category News Views 3

Seeing Patterns in Crisis: Jackson and Flint When Jackson, Mississippi's latest water crisis hit the news, it wasn't the first time folks were left high and dry. No, this fiasco's got deep roots, and it resonates with another infamous case: Flint, Michigan. In Maya Rockeymoore Cummings' book, RAGEism, these are badge-worthy examples of 'Resource Hoarding' where government...

Continue Reading
World Fire Congress 2026 Champions Global Fire Safety

Updated Category News Views 1

Rethinking Fire Safety with a Global Mindset The 2026 World Fire Congress wrapped up in London, signaling a big shift in how we tackle fire safety. Over 60 nations were represented, and they all walked away singing the same tune: if we’re going to handle these ever-mounting fire risks, we have to lean on each other a lot more. Next stop on this crusade? The flashy city...

Continue Reading

Top 5 Most Recently Viewed Articles

Mid-Cap Stocks Are Thriving: A Detailed Analysis of Recent Gainers

Updated Category News Views 255

Top Mid-Cap Stocks That Stood Out In the ever-changing world of finance, certain stocks emerge as champions, and recently, a selection of mid-cap stocks have made impressive gains. Here, we dive into the performance of these stocks, helping you evaluate your investment portfolio. Highlights of Performance This week has seen remarkable performance from mid-cap stocks, many...

Continue Reading
Maropost Commerce Cloud: A Game Changer for Ecommerce Growth

Updated Category News Views 159

Maropost Introduces Commerce Cloud for Ecommerce Merchants TORONTO – Maropost, a leading unified commerce platform provider, has recently launched Maropost Commerce Cloud. This innovative solution is designed specifically for ecommerce and retail merchants, enhancing their operational capabilities with remarkable efficiency. Features of Maropost Commerce Cloud With...

Continue Reading
Timken's New Leadership: Elevating the Playbook

Updated Category News Views 15

The New Directions Timken is Taking Well, it's another day at the grindstone, and today it's Timken shaking up its exec cadre like it’s trying to catch a fresh wind in its sails. Can you believe we're actually seeing the creation of new roles in a company like this? Usually, it's the same old shuffle, but here they're bringing in a Chief Commercial Officer and a Chief...

Continue Reading
GAC's Ambitious Move with Sydney FC Partnership

Updated Category News Views 6

GAC's Bold Step into Australian Football When worlds collide, sometimes they create sparks, and that's exactly what's happening now with GAC locking arms with Sydney FC. Out of nowhere, on May 27, 2026, this partnership was announced, catching more than just a few by surprise. Here's GAC—a pioneer of China's smart mobility—aligning itself with Sydney FC, the Aussie...

Continue Reading
Impending U.S. Court Ruling on Tariffs Raises Economic Concerns

Updated Category News Views 215

U.S. Appellate Court's Review of Tariffs Economist Peter Schiff has recently suggested that tariffs imposed by President Donald Trump are on the verge of being declared unconstitutional by the U.S. Appellate Court. This potential ruling could mark a significant shift in U.S. trade policy, paving the way for American importers to regain substantial funds they have paid in...

Continue Reading