This issue will only continue to grow as IoT forms the foundation of connected devices and smart city grids.

The report is based on data from active WatchGuard Firebox unified threat management appliances and covers the major malware campaigns.

The majority of users are unable to develop good cyber hygiene in line with the rapid rate of digitalisation that the APAC region is undergoing.

Xbash is data-destructive; destroying Linux-based databases as part of its ransomware capabilities.

Cryptomining is the newest cybersecurity threat dominating the headlines, but awareness of the attack method is still lacking among organisations.

Cryptojacking is the latest step in the evolution of malware monetisation methods.

Fortinet says there are indications that some cybercriminals now prefer hijacking systems and using them for cryptomining.

Carbon Black’s Rick McElroy asserts at the end of the day, cyberwar is not about systems but rather humans vs humans as they are the weakest link.

As well as viruses, trojans, worms and ransomware attacks, IT managers now have a new threat to worry about: cryptominers.

Cryptomining is increasingly outdoing ransomware in popularity but cybercriminals are running out of CPU, painting data centres as prime targets.

Data collected in 2017 shows that attacks like ransomware and cryptojacking are easily bypassing legacy security solutions due to lax businesses.