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Home Technology Security

COVID-19 reveals gaping holes in cyber threat readiness

FutureCIO Editors by FutureCIO Editors
September 15, 2020
Photo by ready made from Pexels

Photo by ready made from Pexels

The Acronis Cyber Readiness Report revealed that 92% of the companies surveyed say they’ve adopted new technologies to enable remote work, including workplace collaboration tools, privacy solutions, and endpoint cybersecurity.

The challenge for organizations is that managing the protection of data across the company network and all of those new devices using a stack of different solutions is expensive, time-consuming, and complicated. The lack of integration also creates gaps in the organization’s defences that cybercriminals are exploiting.

The report also reveals that as hackers target remote workers, phishing, distributed denial of service (DDoS), and videoconferencing attacks are the most common tactics used.

  • 39% of the companies experienced a videoconferencing attack in the past three months as workers rely on apps like Zoom, Cisco Webex, and Microsoft Teams.
  • Malware attacks such as ransomware also have increased during the pandemic, with 31% of companies reporting daily cyberattacks and half (50%) being targeted at least once a week, including in July when a leading manufacturer of GPS technologies allegedly paid $10 million in a WastedLocker ransomware attack. Acronis Cyber Protection Operating Centres (CPOCs) found that 35% of customer endpoints were exposed to malware attacks that were still getting through before the deployment of Acronis Cyber Protect.
  • Phishing attacks are occurring at historic levels, which is not surprising since the report found only 2% of companies consider URL filtering when evaluating a cybersecurity solution. That oversight leaves remote workers vulnerable to phishing sites – Acronis CPOCs discovered that approximately 10% of users clicked on malicious websites in May, June, and July.

The findings and external research illustrate why organizations need a cyber protection solution that reduces complexity and improves security to support remote work environments, and the solution must be cost-effective to address the scale of remote workers.

Modern threats demand modern response

“The cyberthreat landscape has changed dramatically during the past few years, and in the last six months in particular. Traditional stand-alone antivirus and backup solutions are unable to protect against modern cyberthreats,” said Serguei “SB” Beloussov, founder and CEO of Acronis. “Organizations that modernize their stack with integrated data protection and cybersecurity not only gain greater security, they lower their costs and improve efficiencies.”

Automation and streamlined management can help any business reduce its risk, avoid downtime, and increase their IT team’s productivity.

Related:  Study reveals the prime cause of breaches in Singapore
Tags: AcronisCisco WebexMicrosoft TeamsransomwareZoom
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