Security

Netacea research: Skewed analytics cost businesses as much as click fraud

Manchester, UK—December 2021—Netacea, the bot detection and mitigation specialist, today announced results from a new report that shows skewed analytics caused by bots cost businesses just as much as click fraud, despite click fraud’s much bigger profile.

Bots are used by hackers to buy goods before other customers, hack accounts using stolen passwords, check the validity of stolen card details and steal content or prices by bulk scraping. But even if they do not do damage directly, bots can skew data that leads marketing teams to make bad decisions. Analytics skewed by bots can hide what real customers are doing, making it impossible to target genuine audiences.

Ethical Hackers Reduce $27 Billion in Risk During COVID-19 Vulnerability Surge

SAN FRANCISCO – November 16, 2021Bugcrowd, the world's first crowdsourced cybersecurity platform for multiple solutions, today released its annual Inside the Mind of a Hacker ’21 report, which provides CIOs and CISOs valuable insight on ethical hackers and the economics of security research. New findings indicate a startling shift in the threat landscape with 8 out of 10 ethical hackers recently having identified a vulnerability they had never seen before.

85 Percent of US and UK businesses forced to adopt new cybersecurity protocols and tools as a result of COVID-19

10 November 2021 – Eighty five percent of US and UK employers were forced to adopt new cybersecurity measures because of the COVID-19 pandemic and the shift to remote working, according to SecureAge Technology’s 2021 COVID & Cybersecurity Study. When asked what types of tools they had implemented, 60% of US and UK business said that they had adopted cloud-based solutions, while 45% said they had embraced file level encryption and 41% had installed full disk encryption to bolster their cybersecurity infrastructure.

WatchGuard Threat Lab Reports 91.5% of Malware Arrived over Encrypted Connections in Q2 2021

30 September 2021 – WatchGuard® Technologies today released its latest quarterly Internet Security Report, detailing the top malware trends and network security threats analyzed by WatchGuard Threat Lab researchers during Q2 2021. The report also includes new insights based on endpoint threat intelligence detected throughout the first half of 2021. Top findings from the research uncovered an astonishing 91.5% of malware arriving over HTTPS-encrypted connections, alarming surges across fileless malware threats, dramatic growth in ransomware, a big increase in network attacks, and much more.

Businesses lose up to $250m every year to unwanted bot attacks

Manchester, UK – 11th August 2021—Netacea, the bot detection and mitigation specialist, today announced results from a new report that reveals the high price that businesses pay because of bot traffic.

According to survey respondents, automated bots operated by malicious actors cost businesses an average of 3.6% of their annual revenue. For the 25% worst affected businesses, this equates to at least a quarter of a billion dollars ($250 million) every year.

73% of organizations suffered data breaches caused by phishing in the last year

London, UK – 3rd August 2021 – Egress’ 2021 Insider Data Breach Survey has revealed that almost three-quarters (73%) of organizations have suffered data breaches caused by phishing attacks in the last year. Remote work has increased the risk, with over half (53%) of IT leaders reporting an increase in incidents caused by phishing. The research also revealed concerns over future hybrid working, with 50% of IT leaders saying it will make it harder to prevent breaches caused by malicious email attacks.

The survey highlights the human cost of phishing – it found that in almost a quarter (23%) of organizations, employees who were hacked via a phishing email were fired or left voluntarily.

IT Leaders Rely on Weak Security Protocols Despite Extraordinary Increase in Phishing Threats to Remote Workers

BOSTON, July 27, 2021 -- A new survey of enterprise IT security leaders showed an overwhelming majority--almost 80 percent--believe remote workers are at more risk for phishing attacks now because they're isolated from their organizations' security teams. Despite the significant threat increase, more than 59 percent of respondents felt solutions such as video training (27%), email reminders (20%), and VPNs (12%), were sufficient solutions by themselves to keep organizations safe from what those surveyed said were the biggest security breach fears: damage to brand and reputation, and legal jeopardy.

Research: 94% of organizations have suffered insider data breaches

Human error is the top cause of serious breaches but malicious attacks are IT leaders’ biggest concern.

London, UK – 13th July 2021 – Egress’ Insider Data Breach Survey 2021 has revealed that an overwhelming 94% of organizations have experienced insider data breaches in the last year. Human error was the top cause of serious incidents, according to 84% of IT leaders surveyed. However, IT leaders are more concerned about malicious insiders, with 28% indicating that intentionally malicious behavior is their biggest fear. Despite causing the most incidents, human error came bottom of the list, with just over one-fifth (21%) saying that it’s their biggest concern.

Research: Half of businesses now have a policy on whether to pay out on ransomware

New research by Databarracks has revealed 54% of businesses now have a defined policy in place to deal with ransomware attacks – whether this means paying a ransom, relying on insurance policies or refusing to pay at all.

The findings are from Databarracks’ 2021 Data Health Check, launching today. Running since 2008, the annual report surveys over 400 IT decision-makers in the UK on critical issues relating to cybersecurity, IT resilience, cloud and remote working.

When asked if their organization had a policy for paying out on ransomware attacks: