A noticeable shift in the methodology for developing malware is taking place, and it can’t go unaddressed. A few years ago, attackers’ primary objective was to avoid detection — second only to making a profit. But recently, these criminals have realised a critical truth: the longer they hold an infected endpoint, the more their profit increases.
Enter fileless malware, a new approach to cyber attacks that allows invaders to evade detection far longer than traditional methods, giving them an upper hand against enterprise security defences. These attacks are proving to be particularly useful against businesses because the majority of outdated enterprise security solutions are designed to detect file-based malware that resided on the disk, not in memory. Small to midsize businesses (SMBs) have become particularly vulnerable since some lack adequate security and IT staff to understand and protect against these threats.
Falanx Group Ltd (LON:FLX), through its subsidiaries, provides cyber defence and intelligence services to blue chip and government clients worldwide. It operates through Falanx Cyber Defence and Falanx Intelligence divisions.