MOUNTAIN VIEW, Calif., April 11, 2023 – Menlo Safety, a frontrunner in browser safety, at the moment shared outcomes from the CyberEdge Group’s tenth Annual Cyberthreat Protection Report (CDR). This 12 months’s report, sponsored partly by Menlo Safety, highlights the rising significance of browser isolation applied sciences to fight ransomware and different malicious threats. This continues to be critically necessary because the analysis revealed that 78% of ransomware assaults embody threats past information encryption.
Risk actors know at the moment’s staff spend most of their time working of their net browser, making it each a essential enterprise asset and a beautiful assault vector if not correctly protected. Greater than half (51%) of respondents use some type of browser or Web isolation to guard their organizations, with one other 40% planning to deploy such a know-how within the subsequent 12 months. Moreover, 33% of respondents famous that browser isolation is a key aspect of their cybersecurity technique for safeguarding in opposition to refined assaults reminiscent of ransomware, phishing and zero-day assaults.
This rising deal with browser safety is validated by CDR findings that 4 in 5 respondents mentioned that when victimized by ransomware assaults, which are sometimes delivered by the browser, they confronted the results of a number of threats if they didn’t pay the ransom. These multi-level assaults included threats to publicly launch exfiltrated information (40%), notify prospects/media of an information breach (42%) or commit a DDoS assault in opposition to the group (42%).
“Evasive net threats, together with Extremely Evasive Adaptive Threats (HEAT), typically come by the net browser and simply bypass a number of layers of detection in outstanding safety know-how, leading to malware, compromised credentials, and, many instances, ransomware,” mentioned Mark Guntrip, senior director of cybersecurity technique at Menlo Safety. “The CDR exhibits that the danger of ransomware delivered through a HEAT assault is changing into much more critical, with a number of threats in a single payload. Stopping it’s essential and browser isolation applied sciences are a extremely efficient method to take action.”
This 12 months’s CDR notes browser isolation as an up-and-coming know-how that permits staff to carry out actions reminiscent of accessing web sites, opening emails and downloading paperwork in an remoted atmosphere within the cloud. As a result of the browser session is remoted, any malware, ransomware or different threats are unable to achieve company methods, negating the effectiveness of even refined assaults.
“It’s thrilling to see browser isolation applied sciences embraced by CDR respondents, partly as a result of they’re designed to enhance safety with out affecting the tip person’s expertise in any respect,” mentioned Steve Piper, founder and CEO of CyberEdge Group. “We expect that we’ll all be listening to extra in regards to the significance of such a know-how sooner or later.”
Concerning the CDR
In November 2022, 1,200 IT safety resolution makers and practitioners accomplished a 27-question on-line survey. Every participant was employed by a industrial or authorities entity with a minimal of 500 staff. Individuals got here from six geographic areas: North America, Europe, Asia Pacific, the Center East, Latin America, and Africa. The CDR gauges perceptions about cyberthreats and ascertains future plans for enhancing safety and lowering threat. It empowers IT safety professionals to benchmark their firm’s safety posture, working funds, product investments, and finest practices in opposition to friends of their trade and geographic area.
About CyberEdge Group
CyberEdge Group is an award-winning analysis and advertising consulting agency serving the varied wants of knowledge safety distributors and repair suppliers. Headquartered in Annapolis, Maryland, with 60+ consultants primarily based throughout North America, CyberEdge works with roughly one in each six IT safety distributors. The corporate’s annual Cyberthreat Protection Report gives data safety resolution makers and practitioners with sensible, unbiased perception into how enterprises and authorities businesses defend their networks in at the moment’s advanced cyberthreat panorama. For extra data, go to www.cyber-edge.com. The CyberEdge Group title and brand are logos of CyberEdge Group, LLC in america and different nations. All different logos and repair marks are the property of their respective homeowners.
About Menlo Safety
Menlo Safety protects organizations from cyberattacks by eliminating the specter of malware from the net, paperwork, and e-mail. Menlo Safety’s patented Isolation-powered cloud safety platform scales to offer complete safety throughout enterprises of any dimension, with out requiring endpoint software program or impacting the tip user-experience. Menlo Safety is trusted by main world companies, together with Fortune 500 corporations, eight of the ten largest world monetary companies establishments, and huge governmental establishments. The corporate is backed by Vista Fairness Companions, Neuberger Berman, Normal Catalyst, American Categorical Ventures, Ericsson Ventures, HSBC, and JP Morgan Chase. Menlo Safety is headquartered in Mountain View, California. For extra data, please go to www.menlosecurity.com.
