The Latest Malware Threats and How Antivirus Companies Are Fighting Back

In the ever-evolving world of technology, it's no secret that hackers are always on the lookout for new ways to infiltrate networks and steal private information. Therefore, it is crucial for antivirus software companies to stay ahead in the game by protecting against new and emerging types of malware and cyber attacks. Let's dive deeper into some of the latest types of threats and the measures being taken against them.

Ransomware

Ransomware is a type of malware that encrypts files or locks users out of their devices until a ransom is paid. According to a report by SonicWall, there was a 127% increase in ransomware attacks globally in 2020 compared to the previous year. This speaks volumes about how important it is for antivirus companies to come up with new solutions to tackle this threat.

One such solution developed by cybersecurity company Kaspersky is the Anti-Ransomware Tool for Business. The tool uses behavioural detection to prevent ransomware attacks before they can encrypt files. It also creates backups of your files, so if your files do become encrypted, you can easily restore them without having to pay the ransom.

Cryptojacking

Cryptojacking is a type of attack where a hacker takes over someone's computer or device to mine cryptocurrency. This can slow down the device and cause it to overheat, potentially causing permanent damage. Antivirus companies are consistently developing new tools to detect and prevent such attacks.

Malwarebytes, a popular antivirus software company, offers protection against cryptojacking with its anti-exploit technology. This technology blocks malicious websites and software from exploiting vulnerabilities on your device, preventing them from using your device to mine cryptocurrency.

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Fileless Malware

Fileless malware is a type of attack that doesn't leave behind any files or traces on the device it has infected, making it difficult for antivirus software to detect. Instead of writing code to disk, this malware sits in a computer's RAM, allowing it to go undetected.

The experts at Symantec are working hard to stay ahead of such threats. They have come up with a machine learning-based solution that uses profiling techniques to monitor how normal processes in your computer operate. This way, if something abnormal happens, it can quickly detect and respond to the threat.

Phishing

Phishing is an attack where a hacker attempts to steal sensitive information, such as login credentials and credit card details, by posing as a trustworthy entity via emails, phone calls, or text messages.

To combat phishing threats, NortonLifeLock has developed a solution that combines AI, machine learning, and human expertise to detect phishing attacks. The solution sends a notification to users if it suspects a phishing email and analyses websites for signs of fraud before warning the user before they enter sensitive information.

IoT Malware

The Internet of Things (IoT) refers to the connectivity of everyday objects to the internet, such as smart home appliances and wearables. IoT malware can manipulate IoT devices and steal data.

One way antivirus companies are working to combat these threats is by partnering with IoT device manufacturers to ensure patches are available and that devices are properly protected against known vulnerabilities. Symantec discovered a vulnerability in a smart light bulb causing it to leak Wi-Fi credentials. It notified the manufacturer, who promptly patched the problem.

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In conclusion, cybercriminals are always coming up with new ways to infiltrate networks and steal sensitive information. It is crucial for antivirus software companies to stay ahead of these threats and develop new solutions to protect individuals and businesses. From ransomware to IoT malware, the examples discussed above are only a handful of the new types of threats that antivirus software companies are working to combat. With modern technologies such as machine learning, AI, and behavioural analysis, antivirus software companies are taking the lead in the fight against cyber threats.

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