India Records 18% Surge in Weekly Cyber Attacks in Q1 2023

While the volume of attacks has only risen marginally, we have witnessed several sophisticated campaigns from cybercriminals who are finding ways to weaponize legitimate tools for malicious gains.

Recent examples include using ChatGPT for code generation that can help less-skilled threat actors effortlessly launch cyberattacks, Trojanizing 3CXDesktop app for a supply chain attack, and leveraging the critical unauthorized RCE Vulnerability in the “Microsoft Message Queuing” service (commonly known as MSMQ).

The CPR team also discovered the fastest ever encrypting ransomware ever seen, all of which demonstrates how attackers are continuing their rampant crimes and never looking back.

Despite the moderate increase, it’s important not to be complacent. CISOs need to focus on developing and implementing a security strategy that removes any blind-spots and weaknesses across the entire digital landscape. It could be a shadow IT development environment, remote access or email vector that provides an opportunity for a cyber breach.

Do they have appropriate segmentation to avoid lateral movement and minimize an attack blast, and do they have access to an incident response service to minimize disruption and speed up recovery? Now more than any other period previously is the right time to consider a consolidated security approach for end-to-end preventative control, providing the board with assurance that you are fully protected from next generation attacks.

Overall Global Attacks:

During the first quarter of 2023, the global average weekly attacks rose by 7% in comparison to the corresponding period in 2022, with each organization facing an average of 1,248 attacks per week.

India Data

During the first quarter of 2023, India average weekly attacks rose by 18% in comparison to the corresponding period in 2022, with each organization facing an average of 2108 weekly attacks per organization

Finally, Building a cyber resilient estate, one that is based on prevention and consolidation, is crucial for mitigating the risks associated with cyber threats. It is the high time for collaboration between the private and public sectors to effectively combat cybercrime and safeguard our digital assets.