OpenText Announces 2021 Webroot BrightCloud® Threat Report

Data demonstrates 34.4% YoY increase in overall phishing activity with massive spikes during the early months of the COVID-19 pandemic

OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the release of the 2021 Webroot BrightCloud® Threat Report. Webroot's unparalleled sixth generation machine learning security platform provides unique data insights into the timing, tactics and technologies that threat actors used over the past year.

Phishing activity increased significantly in the first few months of 2020, taking advantage of pandemic-induced product shortages and increased usage of streaming services. For the first time, eBay topped the list of brands most targeted for impersonations, with 31.1% of all phishing attacks in the month of February impersonating eBay. In March, phishing activity surged among streaming services YouTube (3,064%), Netflix (525%) and Twitch (337%).

"Gathered from over 285 million real-world endpoints and sensors, and leveraging the extensive BrightCloud network of industry-leading partners, this year's Threat Report clearly shows how cybercriminals are willing and able to evolve their tactics to exploit collective human interest and current events," said Prentiss Donohue , Executive Vice President, SMB/C Sales, OpenText. "The findings underscore the need for users and businesses of all sizes to enact a multi-layered approach to data security and protection given the persistent creativity of cybercriminals."

Download the full 2021 Webroot BrightCloud® Threat Report here .

Notable Report Findings:

  • Phishing:
    • Attacks increased 510% from January to February alone
    • The top five phishing targets of the year were eBay, Apple, Microsoft, Facebook and Google
    • By the end of 2020, 54% of phishing sites used HTTPs. Use of HTTPS varies considerably based on the industry being targeted and is most heavily used when spoofing cryptocurrency exchanges (70% of the time), ISPs (65%), and gaming (62%)
  • Malware
    • 86.1% of malware is unique to a single PC
    • 83% of Windows® malware hides in one of four locations. One of which, %appdata%, saw the infection rate jump 59.2% YoY
    • Consumer devices saw twice as many malware infections when compared to business devices
  • Infection Rates by Country and Industry
    • At 2.3%, Japan had the lowest PC infection rate per region, followed by the United Kingdom (2.7%), Australasia (3.2%) and North America (3.7%)
    • In Europe , home devices were more than three times as likely to encounter an infection as business devices (17.4% versus 5.3%)
    • Based on reported data, Health Care and Social Assistance (down 41.4% from the YoY average) led in terms of industries with the lowest infection rates, while the highest industry infection rates were seen by Wholesale Trade, Mining/Oil/Gas and Manufacturing
  • Mobile and Android
    • Of the total threats detected on Android™ devices in 2020, Trojans and malware accounted for 95.9%, an increase from 92.2% in 2019
    • Outdated operating systems accounted for nearly 90% of Android infections
    • Malware for Android-based IoT devices is increasing, underscoring the importance of securing all Android devices beyond just smartphones and tablets

Methodology:

The threat intelligence, trends and details presented in the 2021 Webroot BrightCloud® Threat Report are based on data continuously and automatically captured by the Webroot® Platform, which is the proprietary machine learning-based architecture that powers all Webroot protection and BrightCloud® services. This data comes from over 285 million real-world endpoints and sensors, specialized third-party databases, and intelligence from end users protected by our leading technology partners like Cisco, Citrix, F5 Networks and more. Our advanced threat research team analyzes and interprets the data using advanced machine learning and artificial intelligence.

About OpenText
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com

Connect with us:
OpenText CEO Mark Barrenechea's blog
Twitter | LinkedIn

Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Copyright © 2021 Open Text. All Rights Reserved. Trademarks owned by Open Text. One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents .

OTEX-G

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/opentext-announces-2021-webroot-brightcloud-threat-report-301272522.html

SOURCE Open Text Corporation

News Provided by PR Newswire via QuoteMedia

The Conversation (0)
Futuristic 3D microchip with glowing circuits on a blue background.

NVIDIA's Latest AI Chip Comes at Crucial Moment Before Earnings Report

NVIDIA (NASDAQ:NVDA) is quietly preparing a new artificial intelligence chip for China that would surpass the performance of its current H20 model, even as US regulators weigh how much access Chinese companies should have to cutting-edge American technology.

Two people briefed on the matter told Reuters that the chip, tentatively called the B30A, is based on NVIDIA's latest Blackwell architecture and is expected to deliver roughly half the computing power of the company’s flagship dual-die B300 accelerator card.

Like the H20, the new chip is rumored to include high-bandwidth memory and NVLink interconnect technology, but offer more power for Chinese clients.

Keep reading...Show less
Two businesspeople shaking hands over financial graphs and "Tech 5" text.

Tech 5: US Government Strikes Big Tech Deal, Perplexity Plots Expansion

Tech stocks led Wall Street to a second consecutive week of gains as a series of data releases reignited optimism about a September interest rate cut from the US Federal Reserve.

A strong consumer price index report was the catalyst, renewing anticipation that the Fed will lower rates when it meets next month. While Thursday's (August 14) less optimistic producer price index report caused a momentary pause, the tech sector's resilience — or defiance — mitigated losses and kept momentum alive.

Here's a look at the key moments that shaped the tech sector this week.

Keep reading...Show less
Tesla cars parked near a Tesla sign with "Tech 5" graphic overlay.

Tech 5: Tesla Pulls Plug on Dojo, Chipmakers Largely Exempt from Trump's Tariffs

This week saw tech stocks push the Nasdaq Composite (INDEXNASDAQ:.IXIC) to its best week since June.

However, on Monday (August 4), multiple news outlets reported that various Wall Street firms were warning of a near-term drop in the S&P 500 (INDEXSP:.INX) after its strong rally. In a note to clients, Mike Wilson of Morgan Stanley (NYSE:MS) forecasts that tariffs, which went into effect this week, will lead to a 10 percent correction.

“Over the last couple of weeks, we have noted that investors should expect a modest pullback in the third quarter,” Wilson wrote. Julian Emanuel of Evercore (NYSE:EVR) anticipates a 15 percent drop. Additionally, Parag Thatte's team at Deutsche Bank (NYSE:DB) points to an overdue drawdown following three months of equity expansion.

Keep reading...Show less
ChatGPT logo overlayed on human profile.

How to Invest in OpenAI's ChatGPT

OpenAI’s ChatGPT is one of the latest technological breakthroughs in the artificial intelligence space. But what is ChatGPT, and can you invest in OpenAI?

This emerging technology is representative of a niche subsector of the AI industry known as generative AI — systems that can generate text, images or sounds in response to prompts given by users.

Precedence Research expects the global AI market to grow at a compound annual growth rate (CAGR) of 19.2 percent to reach US$3.68 trillion by 2034. Just how much of an impact OpenAI’s ChatGPT will have on this space is hard to predict, but Fortune Business Insights estimates that the total market revenue of generative AI will see a CAGR of 39.6 percent through 2032, increasing from US$67.18 billion last year to US$967.65 billion in 2032.

Keep reading...Show less

Latest Press Releases

Related News

×