Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Friday, October 22 2021 - 19:13
AsiaNet
53% of companies are left exposed to supply chain attacks - Acronis Cyber Readiness Report 2021 reveals critical security gaps
SINGAPORE, Oct. 22, 2021 /PRNewswire-AsiaNet/ --

-Industry demand for URL filtering grew 10 times since last year - slower 
progress compared to cyberattacks growing in volume and sophistication 

Acronis(http://www.acronis.com/), the global leader in cyber 
protection(https://www.acronis.com/en-us/cyber-protection/), has released its 
annual Cyber Readiness 
Report(https://www.acronis.com/en-us/blog/acronis-cyber-readiness-report-2021-re
veals-critical-security-gaps) this week, providing a comprehensive overview of 
the modern cybersecurity landscape and the key pain points faced by businesses 
and remote employees worldwide amid the global pandemic. Acronis' research from 
last year revealed more than 80% of global companies admitted they were not 
prepared to transition to remote work--exposing key vulnerabilities businesses 
must quickly plan and implement solutions for.

Based on findings from this year's independent survey of 3,600 IT managers and 
remote employees at small and medium-sized companies in 18 countries across the 
globe, the report states that 53% of global companies have a false sense of 
security when it comes to supply chain attacks. Despite the globally recognized 
attacks on trusted software vendors, like Kaseya or SolarWinds, over half of IT 
leaders believe that using "known, trusted software" is sufficient 
protection-–making them an easy target.

Attacks growing in volume and sophistication

Three out of 10 companies report facing a cyberattack at least once a 
day–-similar to last year; but this year, only 20% of companies reported not 
getting attacked–-a drop from 32% in 2020, meaning that the attacks are 
increasing in volume.

-The most common attack types reached record-high levels this year, including 
phishing attacks–that continue to grow in frequency, and are now the top attack 
type at 58%. Malware attacks are also increasing in 2021: detected by 36.5% of 
companies this year–an increase from 22.2% in 2020.

-However, this year was the year of phishing: the demand for URL filtering 
solutions has grown 10 times since 2020-–with 20% of global companies now 
recognizing the danger phishing presents to their business.

-Despite growing awareness of multi-factor authentication (MFA), nearly half of 
IT managers(47%) are not using MFA solutions-–leaving their businesses exposed 
to phishing attacks. According to these findings, they either see no value in 
it or consider it too complex to be implemented.

In response, organizations worldwide have begun to prepare for the growing 
threats–-but for every step companies are taking, cybercriminals have already 
taken three. 

-The demand for antivirus solutions has grown by 30%-–from 43% last year to 
73.3% in 2021. However, companies are just discovering that standalone 
antivirus solutions no longer work against modern threats: we saw the demand 
for an integrated backup/disaster recovery with antivirus solutions more than 
double-–from 19% in 2020 to 47.9% this year.

-Demand for vulnerability assessments and patch management grew significantly: 
from 26% in 2020 to 45% this year. This can be attributed, in part, to the 
increased volume of vulnerabilities exposed this year in critical and in-core 
software deployments such as Microsoft Exchange servers, Chrome browsers or 
Apache webservers.

-Not surprisingly, the demand for better and more secure remote monitoring and 
management tools grew over three times-–35.7% this year, up from 10% in 2020. 
With remote work now being recognized as a long-term default format of work, 
it's more important that ever for IT managers to be able to monitor and manage 
a wide range of remote devices.

In last year's Acronis Cyber Readiness Report( 
https://dl.acronis.com/u/rc/WP_Acronis_Cyber_Readiness_Report_EN-US_200908.pdf) 
2020, we saw an increase in adoption of new services-–especially SaaS and Cloud 
Computing services-–and this year, companies continue to adopt new solutions. 
However, this has increased the overall complexity of IT environments, which 
most likely will cause additional breaches and unplanned downtime in the future.

"The cybercrime industry proved to be a well-oiled machine this year-–relying 
on proven attack techniques, like phishing, malware, DDoS and others. Threat 
actors are increasingly expanding their targets, while organizations are held 
back by the growing complexity of IT infrastructure," says Candid Wuest, 
Acronis VP of Cyber Protection Research. "Only a small number of companies have 
taken the time to modernize their IT stack with integrated data protection and 
cybersecurity. The threat landscape will continue to grow and  automation is 
the only path to greater security, lower costs, improved efficiency and reduced 
risks."

Remote employees make the most attractive targets

These Acronis findings and external research clearly illustrate why 
organizations need a cyber protection solution that reduces complexity and 
improves security to support remote work environments, and that this solution 
must be cost-effective in order to address the increased scale of the remote 
workforce.

-One in four remote employees reported struggling with the lack of IT support 
as one of the key challenges they faced this year. The top-three tech 
challenges identified by remote employees globally: Wi-Fi onnectivity, using a 
VPN and other security measures, lack of IT support.

-One in four remote employees are not using multi-factor authentication-–making 
them easy phishing targets, with phishing being the most common attack type in 
2021.

-On average, one in five remote employees gets heavily targeted by phishing 
attacks, receiving well over 20 phishing emails per month-–with 71% of 
respondents confirming being targeted by it each month. Learning to identify 
such attacks through cybersecurity awareness training is crucial in keeping 
organizations protected, and personal assets as well.

-We have seen attackers aggressively expanding their target pool-–it is no 
longer just Microsoft Windows OS based workloads-–where users reported a spike 
in attacks against Linux, MacOS, Android and iOS devices as well. Attackers are 
also going after virtualized environments more often.

Unfortunately, cybercriminals don't need to be tech-savvy to create chaos 
anymore-–take malware for example. Cybercriminal gangs have further expanded 
their malware-as-a-service model, that provides step-by-step guides on how to 
make a profit out of compromising targets.

Yet despite the growing dangers for employees, remote work is here to stay; 
people will continue to work and hire remotely, and that's the reality most IT 
teams still need to get ready for: finding a solution to hardware shortages, 
increased complexity, an increased need for IT support and better cybersecurity 
solutions. This is an existential crisis companies must prepare for now – the 
potential costs for not doing so are just too great. 

Both the global and regional reports available for download via Acronis blog( 
https://www.acronis.com/en-us/blog/acronis-cyber-readiness-report-2021-reveals-critical-security-gaps). 
For more information on any findings or trends featured in the report, reach us 
via email at:AcronisMedia@acronis.com.

Platform with deeper industry insights

Remote work is here to stay, and so are increasingly sophisticated 
cyberattacks. So it's up to both the organization and the individual to follow 
the best cyber protection practices available.

If you are keen to learn more about cybersecurity pain points and available 
solutions for businesses, don't miss the chance to register for the Acronis 
#CyberFit Summit World Tour 2021(https://acronis.events/summit2021/), kicking 
off in Miami, Florida on October 25 with a hybrid format, including in-person 
and virtual. Register now in order to:

-Attend result-focused virtual sessions for free and hear world-class experts 
explain strategies and deployment options for cyber protection

-Enhance your MSP business's cyber protection capabilities with advice from top 
IT channel, cybersecurity, and industry experts

-Hear exclusive case studies of successful, profitable and scaling MSPs and 
MSSPs

-Learn how to grow your business with cybersecurity-forward services

-Join hands-on, interactive workshops; insightful panels and breakouts; and 
inspirational keynotes-–while enjoying numerous IT channel networking 
opportunities.

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.

Founded in Singapore in 2003 and incorporated in Switzerland in 2008, Acronis 
now has more than 1,700 employees in 34 locations in 19 countries. Its 
solutions are trusted by more than 5.5 million home users and 500,000 
companies, and top-tier professional sports teams. Acronis products are 
available through over 50,000 partners and service providers in over 150 
countries and 25 languages.

SOURCE Acronis