Becs

Perception Point Reports Business Email Compromise and Phishing Attacks Soar by 20% and 41% Respectively in H1 2023

Retrieved on: 
Thursday, July 27, 2023

TEL AVIV, Israel, July 27, 2023 /PRNewswire/ -- Perception Point, a leading provider of advanced threat prevention across digital communication channels, today published a new report analyzing global cyberattack trends in H1 2023 amidst the paradigm shift brought about by advances in generative AI (GenAI) capabilities. In its H1 2023 Report: Cybersecurity Trends & Insights, Perception Point reported an overall increase in social engineering attacks, including a 20% growth in the prevalence of Business Email Compromise (BEC) attacks along with a 41% surge in phishing attacks from H2 2022 to H1 2023. Additionally, the report observed a 75% increase in attacks targeting cloud collaboration apps and storage, including Microsoft 365 apps, Salesforce, Slack, AWS S3 Buckets and others. The report identifies and analyzes additional concerning cyberattack trends, based on intelligence gathered from the company's Advanced Threat Prevention solutions, which intercept attacks across email, web browsers, and cloud collaboration apps.

Key Points: 
  • In its H1 2023 Report: Cybersecurity Trends & Insights, Perception Point reported an overall increase in social engineering attacks, including a 20% growth in the prevalence of Business Email Compromise (BEC) attacks along with a 41% surge in phishing attacks from H2 2022 to H1 2023.
  • GenAI tools are fueling this year's rise in both BEC and phishing attacks, whose prevalence had already increased in 2022 according to previous Perception Point research.
  • To combat the rising threat posed by generative AI, Perception Point has developed an innovative Large Language Model (LLM)-based detection engine to detect and prevent social engineering attacks.
  • The H1 2023 report goes on to analyze the distinct cybersecurity challenges faced by organizations based on size, region, and sector.

Acronis' Mid-Year Cyberthreats Report Reveals 464% Increase in Email Attacks

Retrieved on: 
Thursday, June 29, 2023

In the first half of 2023 alone, the number of email-based phishing attacks has surged 464% when compared to 2022.

Key Points: 
  • In the first half of 2023 alone, the number of email-based phishing attacks has surged 464% when compared to 2022.
  • Over the same frame, there has also been a 24% increase in attacks per organization.
  • In the first half of 2023, Acronis-monitored endpoints observed a 15% increase in the number of files and URLs per scanned email.
  • For more information, download a copy of the full Acronis Mid-Year Cyberthreats Report 2023 here: https://www.acronis.com/en-us/resource-center/resource/acronis-mid-year-...
    To learn more about the report and its findings, visit the Acronis blog post .

Verizon 2023 Data Breach Investigations Report: frequency and cost of social engineering attacks skyrocket

Retrieved on: 
Tuesday, June 6, 2023

BASKING RIDGE, N.J., June 06, 2023 (GLOBE NEWSWIRE) -- Verizon Business today released the results of its 16th annual Data Breach Investigations Report (2023 DBIR), which analyzed 16,312 security incidents and 5,199 breaches. Chief among its findings is the soaring cost of ransomware – malicious software (malware) that encrypts an organization’s data and then extorts large sums of money to restore access.

Key Points: 
  • BASKING RIDGE, N.J., June 06, 2023 (GLOBE NEWSWIRE) -- Verizon Business today released the results of its 16th annual Data Breach Investigations Report (2023 DBIR), which analyzed 16,312 security incidents and 5,199 breaches.
  • Chief among its findings is the soaring cost of ransomware – malicious software (malware) that encrypts an organization’s data and then extorts large sums of money to restore access.
  • This rise in cost coincides with a dramatic rise in frequency over the past couple of years when the number of ransomware attacks was greater than the previous five years combined.
  • Headquartered in New York City and with a presence around the world, Verizon generated revenues of $136.8 billion in 2022.

Arcturus Therapeutics Announces Third Quarter 2022 Financial Update and Pipeline Progress

Retrieved on: 
Wednesday, November 9, 2022

Arcturus Therapeutics Holdings Inc. (the Company, Arcturus, Arcturus Therapeutics, Nasdaq: ARCT), a global late-stage clinical messenger RNA medicines company focused on the development of infectious disease vaccines and significant opportunities within liver and respiratory rare diseases, today announced its financial results for the third quarter ended September 30, 2022, and provided corporate updates.

Key Points: 
  • Arcturus Therapeutics Holdings Inc. (the Company, Arcturus, Arcturus Therapeutics, Nasdaq: ARCT), a global late-stage clinical messenger RNA medicines company focused on the development of infectious disease vaccines and significant opportunities within liver and respiratory rare diseases, today announced its financial results for the third quarter ended September 30, 2022, and provided corporate updates.
  • (Graphic: Business Wire)
    "Arcturus continues to execute on the promise of our next-generation self-amplifying mRNA vaccine franchise through engagements with CSL and BARDA," said Joseph Payne, President and CEO of Arcturus Therapeutics.
  • "These new partnerships expand the scope of our technology while providing substantial capital to accelerate the development of our vaccine and therapeutic programs.
  • Cash Position: The Companys cash balance totaled $237.7 million as of September 30, 2022, compared to a cash balance of $370.5 million at December 31, 2021.

BakerHostetler Launches 2022 Data Security Incident Response Report — Resilience and Perseverance

Retrieved on: 
Thursday, April 7, 2022

Here are key takeaways from BakerHostetler's 2022 Data Security Incident Response Report issued April 7th:

Key Points: 
  • Here are key takeaways from BakerHostetler's 2022 Data Security Incident Response Report issued April 7th:
    This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20220407005820/en/
    BakerHostetler Launches 2022 Data Security Incident Response Report Resilience and Perseverance (Graphic: Business Wire)
    Ransomware remained the most prevalent and impactful type of data security incident.
  • The 2022 Data Security Incident Response Report marks the eighth year that BakerHostetler has analyzed the data from incidents it managed in the prior year.
  • This one-of-a-kind report is a mix of aggregated data from security incidents and insights from its full suite of advisory services to clients across the entire data and technology life cycle.

AECOM joint venture secures nearly $800 million SCAPE Framework Contract

Retrieved on: 
Friday, December 18, 2020

The joint venture, called Perfect Circle, has been appointed to deliver the Built Environment and Infrastructure Consultancy lots for England, Wales and Northern Ireland, which have a combined value of nearly $800 million.

Key Points: 
  • The joint venture, called Perfect Circle, has been appointed to deliver the Built Environment and Infrastructure Consultancy lots for England, Wales and Northern Ireland, which have a combined value of nearly $800 million.
  • We are proud to continue supporting SCAPE on this transformational framework and will continue to focus on maximizing its social, economic and environmental benefits.
  • The new framework replaces the previous SCAPE Built Environment Consultancy Services (BECS) framework, which has been delivered by the same joint venture since October 2016 and will end in January 2021.
  • Perfect Circle has been commissioned on more than 1,450 projects through the BECS framework, securing fees in excess of $680 million.