Ransomware detection percentage for India has doubled to 7.34% in Q3 2021 from 3.65% in Q2 2021: Acronis Report

Acronis released its annual Acronis Cyberthreats Report 2022, an in-depth review of cybersecurity trends and threats worldwide. The report cites that India ranks fourth among Asian countries for ransomware detection percentage which has doubled to 7.34% in Q3 2021 from 3.65% in Q2 2021. It highlights that managed service providers (MSPs) are particularly at risk — having more of their own management tools, such as PSA or RMM, used against them by cybercriminals, and thus are becoming increasingly vulnerable to supply chain attacks.

Supply-chain attacks on MSPs are particularly devastating, since attackers gain access to both their business and clients — as seen in the SolarWinds breach last year and the Kaseya VSA attack earlier in 2021, one successful attack means crippling hundreds or thousands of SMBs. The report also shows that during the second half of 2021, only 20% of companies reported not having been attacked — as opposed to 32% last year — indicating that attacks are increasing in frequency across the board.

“The cybercrime industry is a well-oiled machine, using cloud and machine intelligence to scale and automate their operations. While the threat landscape continues to grow, we see that the main attack vectors stay the same — and they still work,” says Candid Wuest, Acronis VP of Cyber Protection Research. “While the attack surface is growing and 2022 will surely bring us surprises, cyber protection automation remains the only path to greater security, reduced risks, lower costs, and improved efficiency.”

The Acronis Cyberthreats Report 2022 is based on examining attack and threat data collected by the company’s global network of Acronis CPOCs, which monitor and research cyberthreats 24/7. Malware data was collected by more than 650,000 unique endpoints around the world running Acronis Cyber Protect — either as a client of an MSP using the solution or a business running the solution. The end-of-year update covers attacks targeting endpoints detected between July and November, 2021.

The full report provides in-depth insights into the top cybersecurity and threat trends the CPOCs observed during the second half of 2021; a review of malware families and related statistics; a deep dive into ransomware’s most dangerous groups; the vulnerabilities that contribute to successful attacks; and Acronis’ security recommendations for 2022 and beyond. Check out the findings for the first half of 2021 in our Acronis Cyberthreats Report: Mid-year 2021.