Page 164 - Cyber Defense eMagazine April 2023

Stopping Criminals from Profiting Off Malware

Requires a New Approach

By CW Walker, Director, Security Product Strategy at SpyCloud

The first three quarters of 2022 saw the total detection of over 62.29 million new types of malware –
approximately 228,000 new threats every day.

While security teams and company leaders focus their attention on the mitigation of ransomware, stealer
malware - the quiet precursor - slips through the cracks. Infections are often notoriously difficult to identify
and seem to have no immediate consequences. In fact, large corporations, regardless of industry, may
suffer from malware for years before an exposure is detected.

Many organizations overlook that ransomware is often a direct result of stealer malware infections.
Cybercriminals use the information siphoned from exposed devices to carry out attacks, making proper
malware remediation essential for a robust security strategy.

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