SonicWall Threat Data Notes Rise in Cyberattacks, Prompting Increased Need for MSPs

SonicWall published its 2024 Annual Cyber Threat Report, which was created to expose cyber behaviors and trends from digital adversaries in order to help partners build data-driven solutions that keep customers safe. Of note, organizations are increasingly turning toward MSPs to alleviate pressure on IT departments, provide an additional human-layer of defense, address alert fatigue and free resources and time for core business functions.

“The SonicWall 2024 Threat Report reveals that the threat landscape continues to grow in complexity and depth as threat actors adopt new tactics and platforms,” said SonicWall president and CEO, Bob VanKirk. “It has become clear that conventional network security isn’t enough. Security professionals need assistance to cope with the overwhelming volume of cyberattacks and protect from the endpoint to the cloud. Especially as the cloud becomes an indispensable reality for businesses, the role of MSPs is shifting from technical maintenance to raising the bar on their customers security posture.”

Total intrusions reached almost one billion more attempts, compared to the same time last year, with global cryptojacking volume (up 659 percent) and encrypted threat (up 117 percent) growing as threat actors opted for a stealthier, less risky means of malicious activities.

The data, Sonicwall noted, illustrates the need for businesses to continually adapt new security strategies and lean on MSPs to more quickly identify and remediate threats.

“When it comes to protecting your most valuable assets, organizations must remain alert, and deploy proactive cybersecurity measures, and focus on the threats that actually matter,” said SonicWall EVP of managed security services, Michael Crean. “Today’s organizations demand an integrated approach for end-to-end managed threat protection enabling MSPs to help customers navigate the cybersecurity landscape with confidence and resilience – giving them a distinct competitive edge.”

The second half of the 2023 saw a barrage of ransomware activity (+27 percent) and other attacks such as IoT exploit (+15 percent), intrusion attempts (+20 percent) and encrypted threats (+117 percent).

While ransomware continues to be a threat, SonicWall Capture Labs threat researchers expect a broader set of actions in 2024, specifically targeting SMBs, government agencies and the enterprise. SonicWall sensors identify and prevent more than 19,000 threats per day.

To learn more about SonicWall and get the complete 2024 SonicWall Cyber Threat Report, please visit www.sonicwall.com/threatreport. To learn about SonicWall’s SecureFirst partner program, click here.