This years report saw 5,258 breaches from 83 contributors across the globe, a third more breaches analyzed than last year. Social tactics include Pretexting and Phishing, with the former commonly resulting in fraudulent money transfers. Throughout 2021, the financial sector experienced a 238% increase in web attacks throughout the first few months. recommended, employees should also receive on-the-fly Sources:Technology Inquirer,CPO Magazine, Marriot,CNBC,Uber,New York Times. Learn about our unique people-centric approach to protection. Generally speaking, small businesses and enterprises most frequently experience phishing or social engineering attacks. IBMs 2021 Cost of a Data Breach Report found phishing to be the second most expensive attack vector while business email compromise (BEC) took first place, costing businesses an average of $5.01 million. Phishing attacks increased by 11 percent, while attacks using ransomware rose by 6 percent 85 percent of breaches involved a human element, while over 80 percent of breaches were discovered by external parties; Breach simulations found the median financial impact of a breach is $21,659, with 95 percent of incidents falling between $826 and $653,587 Man-in-the-middle attack. Must-Know Data Breach Statistics The Federal Communications Commission (FCC)issued a similar warning in July, alerting Americans of an increasing wave of SMS phishing attacks targeting their money and personal info. modules to select from. According to Check Point Research, cyberattacks increased 50% year-over-year, with each organization facing 925 cyberattacks per week globally. Join our virtual fireside chat with Nasrin Rezai (Chief Information Security Officer, Verizon), Sampath Sowmyanarayan (Chief Revenue Officer, Verizon) and Chris Novak (Director Professional Services, Verizon) as they discuss the security challenges heightened by the pandemic and the cybercrime trends that will continue to shape business security. Sources:Comparitech,K-12 Cybersecurity Resource Center,InfoSecurity. Software supply chain attacks are on the rise. Symantec research suggests that throughout 2020, 1 in every 4,200 emails was a phishing email. Cybersecurity news with a focus on enterprise security. Find the information you're looking for in our library of videos, data sheets, white papers and more. Since 2005, higher education institutions have been involved in nearly 1,000 data breaches, resulting in roughly 18 million exposed records. Protect against digital security risks across web domains, social media and the deep and dark web. Increase Protection and Reduce TCO with a Consolidated Security Architecture. Reduce risk, control costs and improve data visibility to ensure compliance. The report found that the cost of a data breach has increased by 11.9% since 2015. CISA Insights "In recent months, the IRS has reported multiple large-scale smishing campaigns that have delivered thousands and even hundreds of thousands of IRS-themed messages in hours or a few days, far exceeding previous levels of activity.". Other common causes include lack of cybersecurity awareness training, easily accessible systems, and a lack of managed security services or adequately trained cybersecurity professionals. Mobile apps, cloud and external storage are essential, so does compliance of connected mobile and endpoint devices, and your growing IoT device estate. Cybersecurity is important because it protects all categories of data from theft and damage. greatest of organizations across the globe 11 Best Ways to Stop Scammers with Security Awareness. Secure and monitor Remote Desktop Protocol and other risky services. In addition, many expect the cybersecurity market to reach a total valuation of $366.1 billion by 2028. In addition, 75% of insurance groups and financial institutions have noticed a rise in cybercrime since the beginning of the pandemic. Aware enables users to participate in live quiz sessions The report indicates a 10% year-over-year increase in average total cost, which is the highest ever recorded in the 17-year history of the report. Our researchers use state-of-the-art hardware and equipment to discover critical vulnerabilities and guide the industry in remediating risks of exploitation. make sure all of your employees understand how important it of incidents in the System Intrusion pattern involved threat actors compromising partners. Hackers and bots distribute more than 92% of all malware infections via email. This is equivalent to a business facing 9.7 ransomware attempts every day. Prevent attacks before they happen One of the biggest challenges facing security practitioners is Gen V attacks the combination of a wide breadth of threats, large scale attacks and a broad attack surface. 2020 was a year littered with unforeseen circumstances. Could Call of Duty doom the Activision Blizzard deal? - Protocol The Verizon Business Mobile Security Index 2021 reveals that the pandemic may have left many businesses vulnerable and open to cyber criminals, Purpose-built solution for healthcare providers streamlines telemedicine experience to help improve patient care, Verizon Business 2021 Data Breach Investigations Report, Verizon Mobile Security Index: COVID-19 unearths new cyber threats for businesses, Verizon Business launches BlueJeans Telehealth for better connected health, Cybercrime thrives during pandemic: Verizon 2021 Data Breach Investigations Report, Report analyzes 29,207 quality incidents, of which 5,258 were confirmed breaches, Phishing attacks increased by 11 percent, while attacks using ransomware rose by 6 percent, 85 percent of breaches involved a human element, while over 80 percent of breaches were discovered by external parties, Breach simulations found the median financial impact of a breach is $21,659, with 95 percent of incidents falling between $826 and $653,587. Implementing the most advanced security technologies: There is not a single silver-bullet technology that can protect organizations from all threats and all threat vectors. The statistics and data used in this report present data detected by Check PointsThreat Preventiontechnologies, stored and analyzed inThreatCloud. Ransomware is a constantly evolving threat and no organization, big or small, is safe from this growing menace. Help your employees identify, resist and report attacks before the damage is done. Microsofts Activision Blizzard deal is key to the companys mobile gaming efforts. Research conducted by PwC found that more than 60% of technology executives expect this to increase over the next 12 months. Spanning Backup is trusted by more than 2.2 million users worldwide. Similarly, US school districts have experienced more than 1,000 cyberattacks since 2016. "This is phishing on an industrial scale so thousands of people can be at risk of receiving these scam messages,"saidIRS Commissioner Chuck Rettig. 50 Phishing Stats You Should Know Cisco h/t & cc @zackwhittaker who posted about this earlier. As per the US Treasury Department, the average amount of reported ransomware transactions per month in 2021 was $102.3 million. Some of the most recently hacked organizations include: Below, we'll look at some of the most impactful cyberattacks throughout various industries. Sources:Verizon,IBM,PurpleSEC,Webroot,Proofpoint,Webroot,CSO Online. Terms and conditions ThreatCloud is actually the brain behind Check Point Softwares threat prevention power, combines big data threat intelligence with advanced AI technologies to provide accurate prevention to all Check Point Software customers. Social Engineering, Hacking and Malware continue to be the favored tools utilized by actors in this region. The Aware Application lets your team learn on the go. There's no doubt about it: cyber attacks have become an increasing concern for major organizations, small businesses, and individuals. Security awareness training prepares members of an organization, Engage your users and turn them into a strong line of defense against phishing and other cyber attacks. Prevent data loss via negligent, compromised and malicious insiders by correlating content, behavior and threats. The cost of credential theft to organizations increased 65% from $2.79 million in 2020 to $4.6 million at present. Alongside lack of trust and lost customers, companies can lose sensitive data due to a malicious link, business email compromise, or DDoS attacks. Sources:Statista, Statista,Sift,PurpleSEC,Verizon,Accenture,Google. Aware comes with a wide variety of Phishing Simulations as In this blog, well take a closer look at some alarming 2021 cybersecurity statistics and how you can better protect your business against phishing, ransomware and data breaches in 2022 and beyond. training when an attack occurs. Sources:Forbes, Statista,Forbes,Security Magazine,PurpleSEC. Threat actors are constantly evolving and so are their tactics. The complete 2021 Data Breach Investigations Report as well as Executive Summary is available on the DBIR resource page. This was a 75% increase from 2020. Continue Reading. Our solution, According to IBMs 2021 Cost of a Data Breach Report, the total average cost of a ransomware attack was $4.62 million more expensive than the average cost of a data breach, which was $4.24 million. Therefore, having a reliable backup solution to protect your critical workloads is more important than ever before. Nearly 70% of organizations have experienced compliance mandates driving spending. changing the cybersecurity hygiene of end-users. However, based on certain industry studies, cybersecurity professionals estimate that more than 800,000 people experience ransomware attacks, phishing attacks, or data security breaches each year. © 2021 EC-Council. growing spike in digital scams including phishing and malware Information Security Magazine | Latest Cybersecurity News and Why is Cybersecurity Important? | UpGuard No registration is required, click here at 8amET on May 13 to join. Phishing 23 These attacks target the weakest link in security: users. Home | Healthcare Innovation As mentioned previously, experts predict that jobs in the cybersecurity industry will grow at an unprecedented rate of 33% between 2020 and 2030, resulting in more than 16,000 open jobs each year due to increasing demand for skilled cybersecurity professionals. The Impact Of A Phishing Attack. engineering attacks. Phishing is an increasingly common cyberthreat. Get free research and resources to help you protect against threats, build a security culture, and stop ransomware in its tracks. Northern America (NA) NA is often the target of Financially motivated actors searching for money or easily monetizable data. In these cases, multiple employees may receive the same email that contains a spoofed log-in page for an email host. Europe, Middle East and Africa (EMEA) - EMEA continues to be beset by Basic Web Application Attacks, System Intrusion, and Social Engineering. The five most common cyberattacks that wreaked havoc in 2021 included phishing, ransomware, malware, data breach and Distributed Denial of Service (DDoS). The mark is usually driven more effectively due to the increased legitimacy of the message. Sources:US Bureau of Labor Statistics,Cybint,ISSA,Reuters,Cybercrime Magazine. At the same time, reports showed local government bodies experienced an increasing number of phishing attempts in 2020 and 2021, including DDoS attacks and zero-day attacks, which occur when hackers exploit a cybersecurity vulnerability. Alex Pinto, Lead Author of the DBIR, comments, When you read the contents of the report, it is tempting to think that a vast array of threats demands a sweeping and revolutionary solution. behavior. Phishing attacks make up nearly 90% of reported cybersecurity attacks. For example, in Financial and Insurance industries, 83 percent of data compromised in breaches was personal data, whilst in Professional, Scientific and Technical services only 49 percent was personal. In a multi hybrid environment, where the perimeter is now everywhere, security should be able to protect it all. "Taxpayers and tax pros need to remain constantly vigilant with suspicious IRS-related emails and text messages. Provide end-user awareness and Ransomware attacks arent showing any signs of slowing down and the costs associated with such attacks are expected to increase in 2022. A breach caused due to phishing costs organizations an average of $4.65 million. Protect against email, mobile, social and desktop threats. Dealing with the consequences of a phishing attack is both time SMiShing. Security provider SonicWall reported nearly 500 million attacks through September 2021, with a staggering 1,748 attempted attacks per organization. As a result, 20% of data breaches begin with stolen login information, which is especially troubling when you consider that 82% of all web users reuse passwords for multiple accounts. Trellix Threat Center Latest Cyberthreats | Trellix Some of the most convincing and devious lures in SMS phishing are links that send the targets to pages impersonating bank sites and asking them to verify a purchase or unlock frozen credit cards. Visit the DBIR landing page for a comprehensive list of all our DBIR webinars and events. In many cases, these threat actors pose as representatives of major retailers, including PayPal, Apple, Amazon, and organizations in the healthcare sector. 101 Sun Ave NE #C, The way in which they secure the passing round of the Verizon Most IoT network attacks occur via the telnet protocol, an interface that facilitates remote connection with a server or device. can compromise your entire network. As of 2015, 25 percent of global data required security but However, experts believe escalated, frequent attacks could result in higher costs or potential financial crises. Email, web browsing, servers and storage are merely the basics. Learn about our relationships with industry-leading firms to help protect your people, data and brand. Phishing Attacks: Phishing attacks were connected to 36% of breaches, an increase of 11%, which in part could be attributed to the COVID-19 pandemic. Public Administration - By far the biggest threat in this industry is the social engineer. Phishing. According to various The attacks occurred throughout 35 countries and included 165 confirmed ransomware attacks and 98 suspected ransomware attacks on patient care services organizations, pharmaceutical companies, medical manufacturing companies, and other organizations in the healthcare industry. On average, cybercriminals create nearly 1.5 million phishing sites per month. This was followed by the government/military sector, which had 1,136 attacks per week (47% increase), and the communications industry which had 1,079 attacks weekly per organization (51% increase). Overall in 2021, researchers have seen 50% more attacks per week on corporate networks compared to 2020. This represents a 10.3% increase from 2020 to 2021. Informed by U.S. intelligence and real-world events, each CISA Insight provides background information on particular cyber or physical threats the nations critical infrastructure, as well as a ready-made set of mitigation activities that non-federal partners can implement. Finally, IBM found that the healthcare industry, though not always right at the top of the most breached lists, suffered the most in terms of the cost of a breach. While relatively new, cryptojacking statistics indicate an uptick in mining activities. Sitemap, 2022 Ponemon Cost of Insider Threats Global Report, Intelligent Classification and Protection, Managed Services for Security Awareness Training, Managed Services for Information Protection. 62%. Spear phishing increased to 64% in 2018 from 53% in 2017, Vishing and/or SMishing increased to 49% from 45%, and USB attacks increased to 4% from 3%. Microsoft is quietly building a mobile Xbox store that will rely on Activision and King games. 85% of phishing schemes target login information, including email addresses, usernames, or passwords. For example, the Wannacry virus affected thousands of groups worldwide, resulting in $4 billion or more costs. including employees, contractors, temporary workers, and everyone Learn about our people-centric principles and how we implement them to positively impact our global community. Patching: All too often, attacks penetrate networks by leveraging known vulnerabilities that have a patch that has not been applied. Defend against threats, protect your data, and secure access. Additionally, breach data showed that 61 percent of breaches involved credential data (95 percent of organizations suffering credential stuffing attacks had between 637 and 3.3 billion malicious login attempts through the year). Sources:CyberTalk,Business Wire,Security Magazine,CyberScoop,CSO Online. Sources:SonicWall,TechJury,PurpleSEC, Varonis. The top industries at risk of a phishing attack, according to KnowBe4. According to Blackfogs 2021 State of Ransomware Report, government agencies were the top targets for cybercriminals, followed by education, healthcare, services, technology, manufacturing and retail. In contrast, MGM's 2019 breach exposed more than 142 million guests' personal information. Ransomware attacks related to phishing emails saw a 109% increase in 2017. Sources:US Bureau of Labor Statistics,Fortune Business Insights,Accenture,PurpleSEC,Gartner,CSO Online. 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