NEWS
Report finds 50 % of organisations were victims of spear phishing in 2022
Barracuda , a trusted partner and leading provider of cloudenabled security solutions , has published its 2023 spearphishing trends report , which shows that 50 % of organisations studied were victims of spear-phishing in 2022 – and 24 % had at least one email account compromised through account takeover .
The report presents propriety spear-phishing data and analysis , drawing on a data set that comprises 50 billion emails across 3.5 million mailboxes , including nearly 30 million spear-phishing emails . The report also features survey findings from Barracudacommissioned research . The survey questioned IT professionals from the frontline to the most senior roles at 1,350 companies with 100 to 2,500 employees , across a range of industries in the US , EMEA and APAC countries .
Overall , the research shows that cybercriminals continue to barrage organisations with targeted email attacks and many companies are struggling to keep up . While spear-phishing attacks are low-volume , they are widespread and highly successful compared to other types of email attacks .
" Even though spear phishing is low volume , with its targeted and social engineering tactics , the technique leads to a disproportionate number of successful breaches and the impact of just one successful attack can be devastating ," said Fleming Shi , CTO , Barracuda . " To help stay ahead of these highly effective attacks , businesses must invest in account takeover protection solutions with artificial intelligence capabilities . Such tools will have far greater efficacy than rule-based detection mechanisms . Improved efficacy in detection will help stop spear-phishing with reduced response needed during an attack ."
Protelion partnership brings innovative cyber solutions to Italy
Protelion , a world-class provider of innovative cybersecurity solutions , has announced it has signed an exclusive distribution agreement with Omicron Group . The partnership will help Italian customers respond to the complex cyber challenges of increased digitalisation with ground-breaking cyber solutions .
Rapid digitalisation has dramatically changed the traditional information security paradigm . Instead of network-centric security built to protect office networks and data centres , the digitally connected world requires security designed to protect distributed users and devices independent of their locations . Protelion ' s cyber solutions are architected to address this challenge , combining protection , flexibility and performance with a unique approach that provides true end-to-end encryption of all traffic . The Protelion solutions encrypt traffic within the LAN itself , making them the ultimate defence against insider threats . Furthermore , Protelion solutions ensure seamless and reliable connectivity and an innovative key management system provides absolute protection from Man-in-the-Middle attacks .
" Protelion is very pleased to announce this partnership with Omicron Group that combines Omicron Group ' s extensive experience and expertise in delivering successful complex security projects for customers with our solutions ," said Josef Waclaw , CEO of Protelion .
“ This partnership fulfils a shared vision : to deliver secure and resilient technology infrastructures to our customers with the ability to cope with any cyberattack , anywhere at any time . Together with Protelion we want to help companies in Italy to protect their data and strategic business information ,” said Luigi Cattaneo , Chairman of Omicron Group . www . intelligentfin . tech
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