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Emotet remains the world’s most prevalent malware, according to Check Point Research, the threat intelligence arm of Check Point Software.

In the past 12 months, Emotet has been responsible for several high-profile cyber incidents, including compromising the City of Perth’s computer systems.

Emotet is a sophisticated piece of malware constantly evolving to evade detection. It is typically spread via phishing emails that contain malicious attachments or links. Once opened, the malware will install itself on the victim’s computer and begin to spread to other computers on the network.

Despite a 50% decrease in the malware’s worldwide impact versus the previous month, Emotet is still the world’s most prevalent detected malware, according to Check Point Research’s July Global Threat Index.

Maya Horowitz, the company’s Vice President for research, stated that although the malware has been making headlines recently, its capabilities are still being discovered.

“This botnet is forever adapting to ensure its continuous evasiveness,” she said. “For example, its latest innovations include a credit card stealing module. So, enterprises and individuals must be more cautious when finalising online purchases.”

“We will have to wait and see how malware, such as Snake Keylogger, change their tactics now that Microsoft has confirmed that it will block macros by default.”

The most prevalent detected malware families in Australia after Emotet are the infostealer malware Formbook, which was first identified in 2016, and modular banking trojan Ramnit, which was first discovered in 2010.

Meanwhile, the education and research sector and the insurance and legal industry are Australia’s top-attacked industries.

In New Zealand, the most prevalent malware families are open-source CPU mining software XMRig, which mines Monero cryptocurrency, remote access trojan Remcos and Windows backdoor Zegost.

Individuals and enterprises need to be vigilant against Emotet and other malware, as these threats constantly evolve and can cause serious damage. Education and awareness are crucial to protecting yourself from these threats. If you suspect your computer has been infected with malware, don’t hesitate to contact a qualified IT professional for assistance.

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