Report: Ransomware Biggest Cybersecurity Threat So Far in 2021

  • Oct 04, 2021

Ransomware remained the standout threat in the first half of the year as cyber criminals continued to target big-name victims. Working with third parties to gain access to targeted networks, they used Advanced Persistent Threat tools and techniques to steal and encrypt victims' data. That's according to a recent report from Trend Micro.

The banking industry was disproportionately affected, experiencing a 1,318% year-on-year increase in ransomware attacks in the first half of 2021.

Ransomware was a major threat to global organizations in the first half of 2021, but it was not the only one. Trend Micro's report also reveals:

  • Business email compromise (BEC) attacks increased by 4%, potentially as a result of new COVID-19 opportunities for threat actors.
  • Cryptocurrency miners became the most detected malware, having surged ahead of WannaCry and web shells in recent months.
  • The Zero Day Initiative detected 770 vulnerabilities, a slight (2%) drop from 1H 2020.
  • A total of 164 malicious apps related to COVID-19 scams were detected, 54% of which impersonated TikTok.

"The first step towards effectively mitigating cyber risk is understanding the scale, complexity, and specific characteristics of the threat landscape," said Jon Clay, vice president of threat intelligence for Trend Micro. "In addition to comprehensive protection against fast-evolving threats like ransomware, phishing and BEC that Trend Micro offers, our biannual roundup reports provide global organizations and stakeholders invaluable insights to help them build a more secure connected world."

The report's overall findings highlight the effectiveness of – and increasing need for – a holistic and scalable cybersecurity solution at the enterprise level. As threats continue to increase in frequency and sophistication, enterprise SOC teams will require a platform that can streamline security processes without sacrificing reliability.

Featured

  • Report: 47 Percent of Security Service Providers Are Not Yet Using AI or Automation Tools

    Trackforce, a provider of security workforce management platforms, today announced the launch of its 2025 Physical Security Operations Benchmark Report, an industry-first study that benchmarks both private security service providers and corporate security teams side by side. Based on a survey of over 300 security professionals across the globe, the report provides a comprehensive look at the state of physical security operations. Read Now

    • Guard Services

  • Identity Governance at the Crossroads of Complexity and Scale

    Modern enterprises are grappling with an increasing number of identities, both human and machine, across an ever-growing number of systems. They must also deal with increased operational demands, including faster onboarding, more scalable models, and tighter security enforcement. Navigating these ever-growing challenges with speed and accuracy requires a new approach to identity governance that is built for the future enterprise. Read Now

  • Eagle Eye Networks Launches AI Camera Gun Detection

    Eagle Eye Networks, a provider of cloud video surveillance, recently introduced Eagle Eye Gun Detection, a new layer of protection for schools and businesses that works with existing security cameras and infrastructure. Eagle Eye Networks is the first to build gun detection into its platform. Read Now

  • Report: AI is Supercharging Old-School Cybercriminal Tactics

    AI isn’t just transforming how we work. It’s reshaping how cybercriminals attack, with threat actors exploiting AI to mass produce malicious code loaders, steal browser credentials and accelerate cloud attacks, according to a new report from Elastic. Read Now

  • Pragmatism, Productivity, and the Push for Accountability in 2025-2026

    Every year, the security industry debates whether artificial intelligence is a disruption, an enabler, or a distraction. By 2025, that conversation matured, where AI became a working dimension in physical identity and access management (PIAM) programs. Observations from 2025 highlight this turning point in AI’s role in access control and define how security leaders are being distinguished based on how they apply it. Read Now

Most   Popular

New Products

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis.

  • ResponderLink

    ResponderLink

    Shooter Detection Systems (SDS), an Alarm.com company and a global leader in gunshot detection solutions, has introduced ResponderLink, a groundbreaking new 911 notification service for gunshot events. ResponderLink completes the circle from detection to 911 notification to first responder awareness, giving law enforcement enhanced situational intelligence they urgently need to save lives. Integrating SDS’s proven gunshot detection system with Noonlight’s SendPolice platform, ResponderLink is the first solution to automatically deliver real-time gunshot detection data to 911 call centers and first responders. When shots are detected, the 911 dispatching center, also known as the Public Safety Answering Point or PSAP, is contacted based on the gunfire location, enabling faster initiation of life-saving emergency protocols.

  • Mobile Safe Shield

    Mobile Safe Shield

    SafeWood Designs, Inc., a manufacturer of patented bullet resistant products, is excited to announce the launch of the Mobile Safe Shield. The Mobile Safe Shield is a moveable bullet resistant shield that provides protection in the event of an assailant and supplies cover in the event of an active shooter. With a heavy-duty steel frame, quality castor wheels, and bullet resistant core, the Mobile Safe Shield is a perfect addition to any guard station, security desks, courthouses, police stations, schools, office spaces and more. The Mobile Safe Shield is incredibly customizable. Bullet resistant materials are available in UL 752 Levels 1 through 8 and include glass, white board, tack board, veneer, and plastic laminate. Flexibility in bullet resistant materials allows for the Mobile Safe Shield to blend more with current interior décor for a seamless design aesthetic. Optional custom paint colors are also available for the steel frame.