Over 3.1 million cyber attacks on cloud user accounts

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McAfee released an ‘MVISION’ Cloud User Report on Tuesday stating that the year 2020 witnessed over 3.1 million cyber attacks on cloud user accounts. And most of them were malware related followed by account hijackings and targeted attacks against vulnerabilities.

As per the report, the industries that were majorly targeted include retail, technology, financial, public and healthcare sector along with education and energy. Legal, Real Estate and transportation and business service accounts remain in the second place on the list.

McAfee Labs says that there was a surge in COVID-19 related cyber attacks by 240 percent in Q3 and 114 percent in Q4 followed by Powershell related threats due to increase in ‘DonOff’ malware activity.

Antivirus firm McAfee says that over 34% of employees working remotely were targeted by cyber attacks during the third quarter out of which 17% of respondents agreed that their corporate networks were compromised by malware related campaigns.

While the ransomware attacks grew by 69 percent from Q3 2020 to Q4 2020, REvil, Thanos, RYUK, Maze and RansomeXX occupied a large share in such attacks.

Meanwhile, security researchers from McAfee Labs have detected that REvil Ransomware aka Sodinokibi has evolved into a malware that changes the Windows 10 logins making the device to enter ‘Safe Mode’. As the mechanisms of security tools are shut down in the Safe Mode, the ransomware operates extensively and makes the system reboot by changing the user password to ‘DTrump4Ever’, thus cutting down the need for the user to wait for a reboot process in safe mode.

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security