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Subject: ECONOMIC NEWS/TRENDS/ANALYSIS

Acronis End-of-Year Cyberthreats Report Uncovers 222% Surge in Email Attacks During 2023


SCHAFFHAUSEN, Switzerland, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Acronis, a global leader in cyber protection, today released the findings of its benchmarked cyberthreats report for the second half of 2023. Titled "Acronis Cyberthreats Report, H2 2023: Alarming rise in cyberattacks, SMBs and MSPs in the crosshairs," the report provides an in-depth analysis and prescriptive outlook on key security issues and prevalent cyberthreats worldwide. By leveraging data collected from over 1,000,000 unique endpoints across 15 key countries, the findings conclude that AI-enhanced phishing affected over 90% of organizations and contributed to a 222% surge in email attacks in 2023 as compared to the second half of 2022.

Ransomware variants and the number of new groups continue to decrease, yet the most renowned families of the attack vector are still causing companies across the globe to lose data and money. The report sheds light on the lack of strong security solutions which should be detecting the exploitation of zero-day vulnerabilities. To add, organizations are falling victim to attacks due to the delay in patching vulnerable software which allows threat actors to gain domain administrative rights, uninstall security tools and infiltrate sensitive information. Behavior-based detection and exploit prevention technology can prevent most of these attacks. This, paired with proper data backup, following the 3-2-1 rule, is necessary to create a last line of defense.

"There's a disturbing trend being recognized globally where bad actors continue to leverage ChatGPT and similar generative AI systems to increase cyberattack efficiency, create malicious code, and automate attacks," said Candid Wüest, Acronis VP of Product Management. "Now, more than ever, corporations need to prioritize comprehensive cyber protection solutions to ensure business continuity."

As a channel-first organization, Acronis' focus is to protect its dedicated partners, managed service providers (MSPs) and managed security service providers (MSSPs). These IT resources are allies to businesses who seek robust IT infrastructure and sound cybersecurity but because they centralize services to numerous businesses, from SMBs to large corporations; the scaling efficiencies that make them a business asset also make them a single point of failure where cybercriminals can exploit multiple entities through a single attack.

The report notes how more advanced tactics like supply chain attacks, AI-driven attacks and state-sponsored incursions are likely to intensify. MSPs should brace themselves for threats unique to their operations, including "island hopping," in which attackers use an MSP's infrastructure to attack clients, as well as "credential stuffing," which exploits an MSP's broad access to systems. To address this concern, Acronis offers training and certification programs through the MSP Academy for those interested in enhancing their cybersecurity skills and knowledge.

Key findings and themes from the report include:

Global threat landscape

Cybersecurity trends ? from July ? December 2023

Ransomware Trends

Attacks on MSPs are increasing

Phishing and email Attacks remain the main vectors of infection

The AI menace ? Cybercriminals embrace malicious AI-based tools for corporate attacks

"The Acronis Cyberthreats Report H2 2023 highlights the continued threats faced by businesses of all sizes worldwide," said Michael Suby, Research VP, IDC. "Unfortunately, bad actors continue to profit from these activities and are leveraging AI-enhanced techniques to create more convincing phishing schemes, guaranteeing that this problem will continue to plague businesses."

The report is curated by the advanced Acronis Cyber Protection Operation Center (CPOC) and includes data surrounding ransomware threats, phishing, malicious websites, software vulnerabilities and a security forecast for 2024. Released biannually, the Acronis Cyberthreats Report sets the industry standard by consistently establishing itself as a benchmark for cybersecurity intel. By regularly publishing reports to stay abreast of cybersecurity developments, Acronis' analysis of the global cyberthreat landscape is published for the benefit of its users and partners.

For more information, download a copy of the full Acronis End-of-Year Cyberthreats Report 2023 here: https://go.acronis.com/cyberthreats-2023-h2

To learn more about the report and its findings, visit the Acronis blog post: https://www.acronis.com/en-us/blog/posts/ransomware-and-software-vulnerabilities-created-the-most-havoc-in-h2-2023

Visit www.acronis.com for information about Acronis solutions that help combat security challenges like these ? including the new, groundbreaking native integration of Acronis Advanced Security and Endpoint Detection and Response (EDR) solutions.

About Acronis
Acronis unifies data protection and cybersecurity to deliver integrated, automated cyber protection that solves the safety, accessibility, privacy, authenticity, and security (SAPAS) challenges of the modern digital world. With flexible deployment models that fit the demands of service providers and IT professionals, Acronis provides superior cyber protection for data, applications, and systems with innovative next-generation antivirus, backup, disaster recovery, and endpoint protection management solutions powered by AI. With advanced anti-malware powered by cutting-edge machine intelligence and blockchain based data authentication technologies, Acronis protects any environment - from cloud to hybrid to on premises - at a low and predictable cost.

Acronis is a Swiss company, founded in Singapore. Celebrating two decades of innovation, Acronis has 1,800+ employees in 45 locations. Acronis Cyber Protect solution is available in 26 languages in over 150 countries and is used by 20,000+ service providers to protect over 750,000 businesses.

Acronis Media Contact:
Julia Carfagno
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c1a2e8c4-a892-4d4b-a57d-2fc47fdf3b59



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