77% Increase in Malware Attacks for IoT/Connected Devices in 1H22

There was an increase in malware attacks on IoT/Connected Devices of 77% in the first half of 2022, according to a recent report by Sonic Wall. The report also found that ransomware attacks were down 23%, but cryptojacking attacks were up 30%, and intrusion attempts were up by 19%. Cryptojacking uses processing power on unauthorized devices to mine for cryptocurrency, and can impact IoT devices as well.

Here’s a summary of key findings from the Sonic Wall Cyber Threat Report for the first half of 2022:

  • 132% increase in Encrypted Attacks

  • 77% increase in Malware Attacks on IoT / Connected Devices

  • 30% increase in Cryptojacking Attacks

  • 19% increase in Intrusion Attempts

  • 11% increase in Malware Attacks

  • 23% decrease in Ransomware Attacks

IoT devices have lower processing power than general IT equipment such as servers or PCs and do not use widely deployed operating systems such as Windows or Linux.  This means that general IT cybersecurity tools will not work on IoT devices and they are more susceptible to numerous cyber attacks , including malware attacks. This chart from the Sonic Wall report shows the global IoT malware volume increase month-by-month.

IoT Malware Attacks 1H22

Veridify Security secures IoT and connected devices (e.g. building controls, industrial automation controls) from cyber attacks.  Contact us to learn how we can secure against Malware Attacks on IoT/Connected Devices.

Learn more about cybersecurity for:

Building Automation

Industrial Automation / ICS

Critical Infrastructure