Microsoft research shows crypto-related attacks grew in Indonesia during from 2018 to 2019

According to research from Microsoft, Indonesia has the highest rate of malware exposure across the Asia Pacific region in 2019. This shows an increase in cryptocurrency and ransomware attacks.

Microsoft report: Indonesia experience a “higher-than-average” encounter rate for ransomware

The incidence of Indonesian ransomware and other malware attacks, in turn, recorded numbers 1.6 and 1.7 times higher than the rest of the world. Specifically, in 2019, Indonesia had a 10.68% malware attack rate. Although this figure is down 39%, it is still twice as high as the regional average.

microsoft-research-shows-crypto-related-attacks-grew-in-indonesia-during-from-2018-to-2019

Source: Microsoft

Microsoft said:

“Regarding ransomware attacks, Indonesia is now ranked in second place in terms of encounter rate at 14%. This is 2.8 times higher than the average registered across other countries in the region.”

The rate of encountering cryptocurrencies stands at 10% in 2019, which is two times higher than the regional and even global averages. They have the highest encounter rate across the Asia Pacific region and ranked 4th globally.

Haris Izmee, president of Microsoft Indonesia, commented:

“While recent fluctuations in cryptocurrency value and the increased time required to generate cryptocurrency have resulted in attackers refocusing their efforts, they continue to exploit markets with low cyber awareness and low adoption of cyber hygiene practices.”

Microsoft Intelligence Protection researchers raise concerns about the increase in COVID-19 themed attacks in every country around the world. They note that there has been at least one incident for each country, with the number of successful attacks in high outbreak countries increasing.

Most of the COVID-19-related cyber attacks are distributed via email attachments or malicious URLs. Hackers often impersonate global entities that have a significant role in pandemics such as the World Health Organization, or WHO, Centers for Disease Control and Prevention, or CDC, and the U.S. Department of Health.

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