2024 SonicWall
Mid-Year Cyber Threat Report

The 2024 SonicWall Mid-Year Cyber Threat Report highlights threat actor’s activities for the first half of the calendar year and provides actionable insights on how to defend your networks. The first half of 2024 has already seen escalating cybercrime activity with increases in malware, IoT malware and encrypted threat activity.

2024 SonicWall </br>Mid-Year Cyber Threat Report

What trends are discussed in the Mid-Year Cyber Threat Report?

During the first half of 2024, we found that threat actors are working overtime – literally. Our telemetry data showed 1,104 hours of critical attacks out of only 880 work hours. That means threat actors are logging 20% more hours than the average worker. But SonicWall puts in the hours provide this threat report so organizations know what they’re up against and how to combat it.

More Threat Trends

Business Email Compromise (BEC)

On average, ten BEC events are reported for every one ransomware event with 70% of BEC events involving a variety of social engineering.

IoT Malware

Internet of Things (IoT) Malware spiked 107% -- and among devices that suffered an IoT Attack, the average hours under attack amounted to 52.8.

Cloud Attacks

83% of customer-received alerts from our managed services team are related to cloud apps and compromised credentials.