Mandiant M-Trends 2022 Report Provides Inside Look at the Evolving Global Cyber Threat Landscape Directly from the Frontlines

Rhea-AI Summary

Mandiant, Inc. (NASDAQ: MNDT) released its M-Trends 2022 report, showcasing cyber threat evolution and response metrics from October 2020 to December 2021. Key findings include a global median dwell time reduction from 24 days in 2020 to 21 days in 2021, with the APAC region experiencing the most significant drop. The report highlights over 1,100 new threat groups and 733 malware families tracked during the period, emphasizing China's increasing cyber espionage efforts. The report also stresses the importance of security preparedness amid rising ransomware and supply chain attacks.

Positive

• Global median dwell time decreased from 24 days to 21 days, indicating improved detection.
• APAC region experienced the most significant reduction in median dwell time from 76 days to 21 days.
• Mandiant tracked 1,100+ new threat groups and 733 malware families, enhancing threat intelligence.
• The report highlights an overall improvement in threat detection and response capabilities.

Negative

• China's cyber espionage activities are increasing, posing risks to intellectual property.
• Ransomware attacks targeting virtualization infrastructure are on the rise.

Global median dwell time continues to decline; however, a significant number of new threat groups and malware families have emerged

RESTON, Va.--(BUSINESS WIRE)-- Mandiant, Inc. (NASDAQ: MNDT) today announced the findings of Mandiant® M-Trends® 2022, an annual report that provides timely data and insights based on Mandiant frontline investigations and remediations of high-impact cyber attacks worldwide. The 2022 report––which tracks investigation metrics between October 1, 2020 and December 31, 2021—reveals that while significant progress has been made in threat detection and response, Mandiant continues to see adversaries innovate and adapt to achieve their mission in targeted environments.

Global Median Dwell Time Drops to Three Weeks

According to the M-Trends 2022 report, the global median dwell time––which is calculated as the median number of days an attacker is present in a target’s environment before being detected––decreased from 24 days in 2020 to 21 days in 2021. Digging deeper, the report notes that the APAC region saw the biggest decline in median dwell time, dropping to just 21 days in 2021 compared to 76 days in 2020. Median dwell time also fell in EMEA, down to 48 days in 2021 compared to 66 days the year before. In the Americas, median dwell time stayed steady at 17 days.

When comparing how threats were detected across different regions, the report found that in EMEA and APAC, the majority of intrusions in 2021 were identified by external third parties (62% and 76%, respectively), a reversal of what was observed in 2020. In the Americas, the detection by source remained constant with most intrusions detected internally by organizations themselves (60%).

Organizations’ improved threat visibility and response as well as the pervasiveness of ransomware––which has a significantly lower median dwell time than non-ransomware intrusions––are likely driving factors behind reduced median dwell time, per the report.

New Threats Emerge as China Ramps Up Espionage Activity

Mandiant continues to expand its extensive threat knowledge base through frontline investigations, access to the criminal marketplace, security telemetry and the use of proprietary research methods and datasets, analyzed by more than 300 intelligence professionals across 26 countries. As a result of relentless information gathering and analysis, Mandiant experts began tracking 1,100+ new threat groups during this M-Trends reporting period. Mandiant also began tracking 733 new malware families, of which 86% were not publicly available, continuing the trend of availability of new malware families being restricted or likely privately developed, according to the report.

M-Trends 2022 also notes a realignment and retooling of China cyber espionage operations to align with the implementation of China’s 14^th Five-Year Plan in 2021. The report warns that the national-level priorities included in the plan “signal an upcoming increase in China-nexus actors conducting intrusion attempts against intellectual property or other strategically important economic concerns, as well as defense industry products and other dual-use technologies over the next few years.”

Strengthening Security Posture

Mandiant remains committed to helping organizations remain secure from cyber threats and build confidence in their cyber defense readiness. To support this mission, Mandiant provides risk reduction tips throughout the M-Trends report, including mitigating common misconfigurations when using on-premises Active Directory, certificate services, virtualization platforms and cloud-based infrastructure. The report also reinforces considerations to support proactive security programs, reiterating the importance of long-standing security initiatives such as asset management, log retention policies and vulnerability and patching management.

To further support community and industry efforts, Mandiant continuously maps its findings to the MITRE ATT&CK framework, mapping an additional 300+ Mandiant techniques to the framework in 2021. The M-Trends report notes that organizations should prioritize which security measures to implement based on the likelihood of specific techniques being used during an intrusion. According to the report, by examining the prevalence of technique usage during recent intrusions, organizations are better equipped to make intelligent security decisions.

Additional takeaways from M-Trends 2022 Report include:

• Infection Vector: For the second year in a row, exploits remained the most frequently identified initial infection vector. In fact, of the incidents that Mandiant responded to during the reporting period, 37% started with the exploitation of a security vulnerability, as opposed to phishing, which accounted for only 11%. Supply chain compromises increased dramatically, from less than 1% in 2020 to 17% in 2021.
• Target industries impacted: Business and professional services and financial were the top two industries targeted by adversaries (14%, respectively), followed by healthcare (11%), retail and hospitality (10%) and tech and government (both at 9%).
• New Multifaceted Extortion and Ransomware TTPs: Mandiant observed multifaceted extortion and ransomware attackers using new tactics, techniques and procedures (TTPs) to deploy ransomware rapidly and efficiently throughout business environments, noting that the pervasive usage of virtualization infrastructure in corporate environments has made it a prime target for ransomware attackers.

Executive Quotes

“This year’s M-Trends report reveals fresh insight into how threat actors are evolving and using new techniques to gain access into target environments. While exploits continue to gain traction and remain the most frequently identified infection vector, the report notes a significant increase in supply chain attacks. Conversely, there was a noticeable drop in phishing this year, reflecting organizations’ improved awareness and ability to better detect and block these attempts. In light of the continued increased use of exploits as an initial compromise vector, organizations need to maintain focus on executing on security fundamentals––such as asset, risk and patch management.” – Jurgen Kutscher, Executive Vice President, Service Delivery, Mandiant

“Multifaceted extortion and ransomware continue to pose huge challenges for organizations of all sizes and across all industries, with this year’s M-Trends report noting a specific rise in attacks targeting virtualization infrastructure. The key to building resilience lies in preparation. Developing a robust preparedness plan and well-documented and tested recovery process can help organizations successfully navigate an attack and quickly return to normal business operations.” – Jurgen Kutscher, Executive Vice President, Service Delivery, Mandiant

“Chinese cyber espionage activity ramped up significantly in recent years, with Asia and the U.S. remaining the most targeted regions. This year’s M-Trends report notes a specific focus on government organizations as well as the use of the same malware families among multiple cyber espionage actor sets, likely due to resource and tool sharing by disparate groups. Further, with the implementation of China’s 14th Five-Year Plan in 2021, we expect to see cyber espionage activity continue to accelerate in support of China’s national security and economic interests over the next few years.” – Charles Carmakal, Senior Vice President and Chief Technology Officer, Mandiant

"Several trends from previous years continued into 2021. Mandiant encountered more threat groups than any previous period, to include newly discovered groups. In a parallel trend, in this period we began tracking more new malware families than ever before. Overall, this speaks to a threat landscape that continues to trend upward in volume and threat diversity. We also continue to witness financial gain be a primary motivation for observed attackers, as case studies this year on FIN12 and FIN13 highlight. If we pivot to the defender perspective, we see several improvements despite an incredibly challenging threat landscape. As one example, this M-Trends report has the lowest global media dwell time on record. Additionally, APAC and EMEA showed the largest improvements in several threat detection categories compared to previous years." – Sandra Joyce, Executive Vice President, Mandiant Intelligence, Mandiant

M-Trends 2022 Methodology:

The metrics reported in M-Trends 2022 are based on Mandiant investigations of targeted attack activity conducted between October 1, 2020 and December 31, 2021. The information gleaned has been sanitized to protect the identities of targets and their data.

Resources:

• M-Trends 2022 Report: https://www.mandiant.com/m-trends
• Blog: https://www.mandiant.com/resources/m-trends-2022
• M-Trends 2022 Virtual Summit: https://www.brighttalk.com/summit/5120-m-trends-virtual-summit/
• Defender’s Advantage Podcast: https://www.mandiant.com/resources/podcasts/defenders-advantage/m-trends-2022

About Mandiant, Inc.

Since 2004, Mandiant has been a trusted partner to security-conscious organizations. Effective security is based on the right combination of expertise, intelligence, and adaptive technology, and the Mandiant Advantage SaaS platform scales decades of frontline experience and industry-leading threat intelligence to deliver a range of dynamic cyber defense solutions. Mandiant’s approach helps organizations develop more effective and efficient cyber security programs and instills confidence in their readiness to defend against and respond to cyber threats.

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© 2022 Mandiant, Inc. All rights reserved. Mandiant and M-Trends are registered trademarks of Mandiant, Inc. in the United States and other countries. All other brands, products, or service names are or may be trademarks or service marks of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220419005242/en/

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Source: Mandiant, Inc.

FAQ

What does the Mandiant M-Trends 2022 report reveal about median dwell time?

The report shows that the global median dwell time decreased from 24 days in 2020 to 21 days in 2021.

How many new threat groups were identified in the Mandiant report?

Mandiant tracked over 1,100 new threat groups during the reporting period.

What is the significance of supply chain attacks in the M-Trends 2022 report?

Supply chain compromises increased significantly, rising from less than 1% in 2020 to 17% in 2021.

What are the main industries targeted by cyber attacks according to the report?

The report identifies business services, financial services, and healthcare as the top targeted industries.

How has ransomware impacted organizations according to the M-Trends 2022 report?

Ransomware tactics have evolved, posing significant challenges for organizations across various sectors.