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Mar 2024

New research reinforces need for multi-layered security approach

Source: Middle East Insurance Review | May 2023

The OpenText 2023 Cyber security Threat Report released in March 2023 explores the latest threats and risks to the small and medium business and consumer segments. The report breaks down a broad range of threat activity, offers insight into the trends observed and discusses wide-reaching impacts for industries, geographies, companies and individuals.
 
The annual report reveals that threat actors have doubled down on longstanding tactics while demonstrating innovation with new techniques.
 
One notable trend from 2021 was a significant increase in concealing the location of URLs hosting malware and phishing sites. The percentage of malicious URLs hidden behind a proxy or geolocation-masking service increased 36% year-over-year.
 
Meanwhile, online cyber security threats continue to emerge at an alarming pace. New malicious websites come online daily, while legitimate sites are occasionally compromised and co-opted for nefarious purposes.
 
OpenText Cyber security EVP Prentiss Donohue said, “Cyber bad actors, including nation-state players, continue to be persistent, innovative and effective. There is, however, some encouraging news. A decline in malware infections indicates comprehensive security measures are effective.” M 
 
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