Email at the Forefront of Cybersecurity Concerns: Insights from Perception Point’s 2024 Cybersecurity Report

Within the dynamic world of cybersecurity, 2023 marked a big shift, underscored by a 1760% improve in Enterprise E-mail Compromise (BEC) assaults. This startling revelation, detailed in Notion Level’s ‘2024 Annual Report: Cybersecurity Traits & Insights‘, factors to the rising sophistication of cyber threats. The Tel Aviv-based chief in superior e-mail and workspace safety options highlights how Generative AI (GenAI) applied sciences have develop into a software for risk actors, enabling them to craft intricate social engineering assaults which can be more and more troublesome to detect​​.

The previous yr’s cyber panorama was formed by the outstanding advances in GenAI, which malicious actors used to reinforce the dimensions and complexity of their assaults. In 2022, BEC assaults constituted a mere 1% of all cyberattacks, however by 2023, they accounted for a staggering 18.6%​​.

Phishing continued to be the dominant cyber risk, accounting for over 70% of all assaults, with little change from the earlier yr. Nevertheless, quishing—a brand new type of risk exploiting QR codes—emerged, accounting for two.7% of all phishing makes an attempt. The belief positioned in QR codes has been manipulated by attackers, turning a easy scan into a big safety danger. In 2023, 1 out of each 18 QR codes despatched by way of e-mail was malicious​​.

Moreover, the prevalence of two-step phishing assaults noticed a 175% improve. These multi-stage assaults, tougher to detect as a consequence of their use of respectable providers and internet hosting websites, exploit the reputations of well-known domains, evading detection extra simply​​.

The report additionally highlights a 350% rise in account takeover (ATO) threats, the place respectable accounts are compromised after which utilized in extremely focused assaults. Model impersonation assaults additionally noticed a big improve, with 55% of all such assaults in 2023 mimicking the focused worker’s group​​.

E-mail remained the first assault vector, with 1 in 5 emails being malicious or spam. Menace actors expanded their horizons to focus on organizations by way of different means as properly, with phishing assaults by way of net browsers growing considerably and malware distribution in M365 Apps like OneDrive, SharePoint, and Groups accounting for 65% of assaults. Over 50% of assaults focused CRMs like Zendesk and Salesforce​​.

Yoram Salinger, CEO of Notion Level, emphasizes the affect of GenAI’s proliferation on organizational safety postures. He highlights the evolving nature of the trendy workspace, more and more reliant on cloud-based e-mail, collaboration, and productiveness instruments accessible from any browser. Notion Level’s dedication to defending this contemporary workspace is clear of their consolidated risk prevention resolution, which mixes multi-layered AI-powered detection with managed incident response providers​​.

Notion Level, a Prevention-as-a-Service firm, stands on the forefront of next-generation prevention, detection, and response to assaults throughout e-mail, cloud collaboration apps, and net browsers. Their cloud-native service, simple to deploy and handle, is designed to switch cumbersome legacy methods. It prevents phishing, BEC, spam, malware, Zero-days, ATO, and different superior assaults, defending Fortune 500 enterprises and organizations globally​​.

This complete report by Notion Level gives invaluable insights into the evolving cyber risk panorama, underscoring the necessity for progressive safety options in an period the place GenAI and superior social engineering ways have gotten the norm. You may view the total report right here​​.