“With the popularity of a product like Flash, there comes a tremendous responsibility to proactively identify and mitigate security issues potentially threatening millions of users,” said Vincent Weafer, senior vice president, McAfee Labs. “This research nicely illustrates how the tech industry works together constructively to gain an advantage in the realm of cybersecurity – industry partners sharing threat intelligence, and technology providers acting on information quickly to help prevent potential issues.”

To fully leverage vendor efforts to address vulnerabilities, McAfee Labs urges organizations and individual users to be more diligent in keeping their products updated with the latest security patches.

In February 2015, the cybersecurity community became aware of efforts by a secretive outfit called Equation Group to exploit HDD and SSD firmware. McAfee Labs assessed the reprogramming modules exposed in February and found that they could be used to reprogram the firmware in SSDs in addition to the previously-reported HDD reprogramming capability. Once reprogrammed, the HDD and SSD firmware can reload associated malware each time infected systems boot and the malware persists even if the drives are reformatted or the operating system is reinstalled. Once infected, security software cannot detect the associated malware stored in a hidden area of the drive.

“We at Intel take hybrid software-hardware threats and exploits seriously,” continued Weafer. “We have closely monitored both academic proofs of concept and in-the-wild cases of malware with firmware or BIOS manipulation capabilities, and these Equation Group firmware attacks rank as some of the most sophisticated threats of their kind. While such malware has historically been deployed for highly-targeted attacks, enterprises should prepare themselves for the seemingly inevitable ‘off-the-shelf’ incarnations of such threats in the future.”

McAfee Labs advises that organizations take steps to strengthen threat detection at the known initial attack vectors, such as phishing messages with malicious links and malware-infected USB drives and CDs, as well as consider solutions that can help prevent data exfiltration.

The May 2015 report also identified a number of other developments in the first quarter of 2015:

• PC Malware Growth. The first quarter saw a slight decline in new PC malware, a development primarily due to the activity of one adware family, SoftPulse, which spiked in Q4 2014 and returned to normal levels in Q1 2015. The McAfee Labs malware “zoo” grew 13 percent during that time, and now contains 400 million samples.

• Mobile Malware. The number of new mobile malware samples jumped by 49 percent from Q4 2014 to Q1 2015.

• SSL-Attacks. SSL-related attacks continued in Q1 2015, although they tapered off in number relative to Q4 2014. This reduction is likely the result of SSL library updates that have eliminated many of the vulnerabilities exploited in prior quarters. Shellshock attacks are still quite prevalent since their emergence late last year.

• Spam Botnets. The Dyre, Dridex, and Darkmailer3.Slenfbot botnets overtook Festi and Darkmailer2 as the top spam networks; pushing pharmaceuticals, stolen credit cards, and “shady” social-media marketing tools

For more information, please read the full report: http://www.mcafee.com/us/resources/reports/rp-quarterly-threat-q1-2015.pdf