Why Are Cyber Criminals Attacking Australia?

One of the United States’ security companies called Webroot has released a Threat Intelligence Brief report on Wednesday where it indicated that Australia is a launch pad for cybercriminals.

The new data revealed that the frequency of cyber attacks in Australia doubled in 2015, making it one of the top 10 nations that is possibly the global host for malicious IP addresses, suspicious URLs and phishing sites. The 2016 report published by the security company analysed its Webroot Threat Intelligence Platform (WTIP) and took into consideration over 27 billion URL requests, four billion IP addresses, 20 million mobile apps, 600 million domains and almost nine billion behaviour records in 2015 to come to a valid conclusion regarding the great cyber crime threat.

The company discovered that around 2,000 new IP addresses were created every day, which posed great harm to cyber security. Webroot Australia’s Managing Director Robbie Upcroft claimed that attacks in Australia have been increasing continuously. “We’ve seen a lot of attacks, specifically coming after the Australian and New Zealand market,” he said as quoted by the ABC.

“I guess it’s no surprise, given that we’re a well-performing economy with a very internet-connected society, so it poses an attractive opportunity for a lot of the cyber criminals. The sheer rise in the volume of phishing attacks, in particular, continue to cause problems for both consumers and businesses.” Upcroft added that the cyber criminals were targeting mainly business and personal information to look for financial theft.

The Webroot’s report stated that around 29 percent of new malware files have come into existence in 2015 which led to declining number of suspicious application creation and malicious executables. Although the authors suggested that the improvement is just a speculation, he also noted that the attackers were trying to convert traditional delivery models into a polymorphic code. As a result, it “caused the apparent rate of change in malware to be inflated” in the coming times.

“Now that malware is almost purely polymorphic, attackers are replacing malware variants with other malware variants, instead of replacing one traditional malware instance with many polymorphic instances, “ the report stated.

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