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168 % More Cyberattack Witnessed in Asia Pacific Region In May 2021 Than Last Year

New Delhi: Cyberattacks in Asia Pacific (APAC) shot up by 168 % in May 2021 as compared to last year. The latest report by Check Point Research (CPR) also reveals that between April and May 2021, APAC saw a 53% increase in cyberattacks.

According to the CRP research, the malware types that have seen the most growth in APAC include ransomware and Remote Access Trojan (RAT), which both climbed by 26% in May 2021 compared to earlier this year. Banking trojans and information stealers both increased by 10%.

Percentage increase in cyberattacks in May compared to previous months in 2021 by country

The top 5 countries which have seen the largest increase in cyberattacks are Japan (40%), Singapore (30%), Indonesia (25%), Malaysia (22%) and Taiwan (17%).

CountryPercentage difference between May and previous months in 2021Average weekly attacks in May
Japan40%558
Singapore30%792
Indonesia25%3311
Malaysia22%986
Taiwan17%2523
Australia15%452
New Zealand13%606
Philippines12%1438
Hong Kong8%590
Thailand8%1589
South Korea5%589
India1%1749

Figure 1: Percentage difference in number of cyberattacks in May compared to previous months in 2021 by country

 
Percentage increase in cyberattacks in May compared to previous months in 2021 by industry

The top 3 industries which have seen the largest increase in cyberattacks are Utilities (39%), ISP/MSP (12%), and software vendors (6%).

IndustryPercentage difference between May and previous months in 2021Average weekly number of attacks in May 2021
Utilities39%1590
ISP/MSP12%1794
Software vendor6%500
Leisure/Hospitality2%933

Figure 2: Percentage difference in number of cyberattacks in May compared to previous months in 2021 by industry

The next attack can be prevented if organizations change their view on security, and follow a few principles.

  • – Maintain security hygiene: Make sure up-to-date security patches are maintained across all systems and software. Networks should be segmented, applying strong firewall and IPS safeguards between the network segments in order to contain infections from propagating across the entire network.
  • – Principle of Least Privilege: User and software privileges should be kept to a minimum – is there really a need for all users to have local admin rights on their PCs?
    • Adopt a prevention approach: Not only can attacks be blocked, but they can be prevented, including zero-day attacks and unknown malware. With the right technologies in place, the majority of attacks, even the most advanced ones can be prevented without disrupting the normal business flow.
    • Cover all attack vectors including networks, mobile, cloud, endpoints, IoT.
    • Keep your threat intelligence up to date: Keep your business up and running with comprehensive intelligence to proactively stop threats. Manage security services to monitor your network and incident response to quickly respond to and resolve attacks.

Staying safe online – tips for consumers

Cyberattacks – tips for affected consumers

What happens when a company you are a customer of experiences a cyberattack and your personal information might be exposed? The following are some of the steps to take:

Change all your passwords immediately. Be sure to use a strong passwords. A password manager can help you with this.

Enable two-factor authentication where available. This is essentially is a 2-step verification process.

If you believe your personal credentials such as social security or driver’s license information has been leaked, apply for a new one with a new number through your relevant local authorities

If your credit card details have been stolen, contact your bank to block your credit card and replace it with a new one.

Be more vigilant when it comes to trusting links in emails and SMSes sent to you, especially if your email address or mobile number has been leaked. Scammers could use this for phishing attacks. In addition, be mindful about scam calls.

Install security software on your devices to protect you from malware, prevent data theft and keep you safe while you visit sites and transact online. 

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