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Sep 10, 2022

India sees spike in ransomware, banking malware in H1 2022

Posted by in categories: cybercrime/malcode, finance

Researchers have found a spike in ransomware, banking trojans and other cyber-attacks across the globe including in India and as per recent data from Japanese cybersecurity firm, Trend Micro. The data showed that India ranks third in terms of Emotet attacks, a kind of malware originally designed as a banking Trojan and is aimed at stealing financial data.

Data from Trend Micro shows that Emotet has continued to thrive in 2022. The first half of 2022 saw a whopping 976.7% increase in Emotet detections at 148,700, compared to the first half of 2021 which was pegged at 13811.

Japan leads with 107,669, followed by the US (4,937) in the second spot and India occupying the third place (3,729) number of detection. Italy (3,442) and Brazil (3,006) are the other countries with the highest number of Emotet detections in the first half of 2022. These attacks have globally increased by over 10 times in the first half of 2022 compared to the first half of the previous year, likely because of prolific threat actors using it as part of their operations, the research said.

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