Tag Archive for: Trends

ZeroFox Releases Brand Protection Trends Report, Finds 164% Increase in Cyber Threats Targeting … | News

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WASHINGTON, July 31, 2023 (GLOBE NEWSWIRE) — In our increasingly interconnected digital world, brands face a growing array of external cybersecurity threats that can jeopardize their reputation, customers’ trust, and financial bottom line. According to the latest trend report from ZeroFox (Nasdaq: ZFOX), an enterprise software-as-a-service leader in external cybersecurity, digital threats targeting brands increased by 164% between the first and second quarters of 2023 – a significant jump that underscores the cruciality of securing an organization’s brand against digital risks such as impersonations and fraud.

In the 2023 Brand Protection Trend Report, ZeroFox Intelligence analyzed threat actor behavior targeting organizations’ brands in the second quarter of 2023. The report highlights a concerning quarter-over-quarter spike in both domain and executive impersonations seeking to exploit the trust that brands have built with their customers, causing significant damage to brand reputation and customer loyalty. Brands are a lucrative pawn for threat actors, as hijacking an already-established brand makes it easier to deceive victims in various fraud, scam, and otherwise malicious campaigns.

Key Findings

Among the key findings in the report, ZeroFox Intelligence observed:

  • A 35% increase in verified alerts for brand threats related to fraud, scams, and piracy quarter-over-quarter across the ZeroFox customer base, and a nearly 20% increase in brand-related impersonations.
  • A 26% increase in fraudulent activity tied to brands observed in this quarter; more specifically, fraudulent job postings identified rose by over 50%.
  • A nearly 20% increase in spoofed domains increased in the second quarter of 2023 versus the first quarter, with just over one-third tied to phishing campaigns.
  • A 22% increase in key personnel and corporate social media impersonation accounts with a biography, name and image to legitimize these profiles; those that used a biography with a name only increased 35%.

“Because job seekers and consumers often blame targeted organizations for scams that abuse their brand, these organizations must proactively protect against domain and…

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Ransomware Trends Say Dallas Was Vulnerable Target

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(TNS) — Dogged police work into ransomware hacks rarely ends with authorities slapping handcuffs on thieves. The attackers are likely sophisticated foreign nationals operating out of Eastern Europe, perhaps under state protection. The culprits may never be brought to justice.

That’s why cybercrime experts say municipalities should spend money up front to protect computer systems and educate employees about the risks — or pay millions after a crippling computer attack.

“When you get hit with ransomware, law enforcement cannot come in with a magic wand and fix the problem,” said Scott Augenbaum, a retired FBI agent and current cybersecurity expert. “This needs to be a wakeup call that we have to start focusing on the prevention side.”


Dallas has been in the grip of a computer crisis since hackers broke into its system last month. The city’s computer data has been held hostage, literally, to the demands of unknown cybercriminals. The attack hampered public-facing services like the 311 complaint system, municipal courts and online water bill payments.

The Dallas Morning News talked to cybercrime experts and pored through federal court records and FBI testimony before Congress to understand the chances of catching such hackers and how to prevent the attacks.

Experts say organized criminal groups increasingly target underfunded American city and county governments, which tend to lag behind private companies in computer security. The hackers’ goal is not to steal data but to disrupt key government services until a ransom is paid.

“Most of this stuff could have been prevented,” said Augenbaum, who wrote a book, The Secret to Cybersecurity. “We’ve got to get people to take it seriously.”

Augenbaum said ransomware is not a technology arms race between the good guys and criminals. Most cyber fraud, he said, is committed using low-tech social engineering methods: emails, social media messages, spoof phone calls and texts.

A city or company could spend millions on the best security systems, and all it takes is a careless employee clicking on a bad link to put everything at risk, he said. One stolen…

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Cybersecurity Trends & Statistics; More Sophisticated And Persistent Threats So Far In 2023

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The pace of technological innovation has led to a transformation in many areas of our lives. In 2023, although it is only Spring, the impact of emerging technologies including artificial intelligence/machine learning, 5G, IoT, and quantum are significantly impacting everything connected to the internet.

The introduction of these potentially disruptive technologies do have implications on cybersecurity and the challenges of keeping us safe. In particular, AI is the hot topic of focus as generative artificial intelligence can leverage ChatGPT-powered for code, and ai/machine learning to amplify social engineering capabilities and help identify target vulnerabilities for hackers. These evolving tech trends and statistics are already telling a story for 2023.

As data continues to be produced and stored in greater volumes, and as connectivity greatly expands globally on the internet, the attack surface has become more exploitable with gaps and vulnerabilities for criminal and nation state hackers. And they are taking advantage.

In fact, the global cyber-attacks Rose by 7% already in Q1 2023. “Weekly cyber-attacks have increased worldwide by 7% in Q1 2023 compared to the same period last year, with each firm facing an average of 1248 attacks per week. The figures come from Check Point’s latest research report, which also suggests that the education and research sector experienced the highest number of attacks, rising to an average of 2507 per organization per week (a 15% increase compared to Q1 2022). The Check Point report also shows that 1 in 31 organizations worldwide experienced a ransomware attack weekly over the first quarter of 2023.” Global Cyber Attacks Rise by 7% in Q1 2023 – Infosecurity Magazine (infosecurity-magazine.com)

In addition, key malware statistics for 2023 are adding to cybersecurity difficulties. It is estimated that 560,000 new pieces of malware are detected every day and that there are now more than 1 billion malware programs circulating. This translates to four companies falling victim to ransomware attacks every minute. A Not-So-Common Cold: Malware…

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Distributed Denial of Service (DDoS) Protection Market with Strategic Trends Growth, Revenue, Demand & Future Potential of Industry by 2030

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PRESS RELEASE

Published May 3, 2023

Distributed Denial of Service (DDoS) Protection Market

Coherent Market Insights has announced the publication of a new report titled Distributed Denial of Service (DDoS) Protection Market 2023, which provides regional and global market data expected to increase in value between 2023 and 2030. The in-depth analysis of the global Distributed Denial of Service (DDoS) Protection Market offers critical insights into the industry’s changing dynamics, value chain analysis, prominent investment pockets, competitive scenarios, geographical landscape, and key segments. It also includes a comprehensive examination of the driving and restraint components for the global market. Also provides superior information on the global market’s working tactics and potential opportunities. This will assist industry participants, policymakers, stakeholders, investors, and new entrants in the Distributed Denial of Service (DDoS) Protection Industry in identifying and grasp innovative opportunities.

Request a sample to obtain authentic analysis and comprehensive market insights @https://www.coherentmarketinsights.com/insight/request-sample/1182

Note – Updated Version 2023 is available

This study provides detailed information on emerging trends, market drivers, development opportunities, and market restraints that have the potential to influence the dynamics of the Distributed Denial of Service (DDoS) Protection market. The study assesses the global Distributed Denial of Service (DDoS) Protection market size and examines the approach trends of the key international players. The study also estimates the market’s size in terms of revenue over the forecast period. All data numbers, including percentage share splits and breakdowns, are derived from secondary sources and cross-checked with primary sources. The report conducted a Porter’s five forces analysis, SWOT analysis, regulatory landscape, and prominent buyers to examine the industry’s primary influencing variables and entry barriers.

What is New Additions in 2023?

Detailed industry forecast

Additional information on company participants

Customized reports and analyst assistance are available upon request.

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