Acronis #CyberFit Dubai launches today, bringing together world-class experts

Acronis, the global leader in cyber protection, today launches its #CyberFit Summit Dubai – the third stop on the Acronis World Tour, an ongoing series of industry events dedicated to bringing cyber protection to businesses everywhere.

To mark the start of the event, the company has released its annual Acronis Cyberthreats Report 2022, an in-depth review of worldwide cyber security trends and threats.

The report warns that managed service providers (MSPs) are particularly vulnerable – they have several of their own management tools, e.g. PSA or RMM used against them by cybercriminals and thus they become more and more vulnerable to attacks in the supply chain.

Supply chain attacks on MSPs are particularly catastrophic, as attackers gain access to both their business and customers – as we saw in the SolarWinds attack last year and the Kaseya USA attack earlier in 2021, a successful attack means that hundreds or thousands of small and medium-sized enterprises are paralyzed. The report also shows that only 20% of companies in the second half of 2021 reported that they had not been attacked – unlike 32% last year – indicating that the number of attacks is rising across the board.

“Cybercrime is an efficient machine that uses cloud and machine intelligence to scale and automate their operations. As the threat landscape continues to grow, we see that the key attack vectors remain the same – and they still work, ”said Candid Wuest, Acronis VP of Cyber ​​Protection Research. “While the attack surface is growing – and 2022 will certainly give us surprises – cyber protection automation remains the only path to greater security, reduced risks, lower costs and improved efficiency.”

Key trends in 2021 – and forecasts for 2022

In addition to the increasing effectiveness of cybercriminals and the impact on MSPs and small businesses, the Acronis Cyberthreats 2022 report shows:

  • Phishing is still the main 94% of malware delivered per. Email – Using social engineering techniques to trick users into opening malicious attachments or links, phishing is at the top of the charts, even before the pandemic. It continues to grow rapidly: This year, Acronis reported that it blocked 23% more phishing emails and 40% more malware emails in Q3 compared to Q2 of the same year.
  • Phishing players develop new tricks and switch to messaging services. Now that criminals are going after OAuth and Multifactor Authentication Tools (MFA), these new tricks allow them to take over accounts. To bypass common antiphishing tools, they use SMS, Slack,

Team chat conversations and other attack tools such as BEC (business email compromise). A recent example of such an attack was the infamous hijacking of the FBI’s own email service, which was compromised and began sending spam emails in November 2021.

  • Ransomware is still the biggest threat – to both large companies and small and medium-sized companies. High value targets include the public sector, the healthcare sector, manufacturing and other critical organizations. But despite some recent arrests, ransomware remains one of the most profitable types of cyber attacks in these Acronis predicts that damage from ransomware will exceed $ 20 billion by the end of 2021.
  • Cryptocurrency is one of the attackers’ favorite targets. Attacks that go after information theft and malware that change addresses on digital wallets are the reality today. We can expect more such attacks to take place directly against smart contracts in 2022 and attacking applications in the heart of Attacks against Web 3.0 apps will also occur more frequently, and new and increasingly sophisticated attacks such as. Flash loan attacks will allow attackers to drain millions of dollars from cryptocurrency pools.
Increasing need for cyber protection in MEA: Two data centers open

Overall, this year was the worst in cybersecurity. Not only for many organizations, but also for many countries – including the United Arab Emirates, a country that is now pushing to fight the global “cyber pandemic”. And despite their best efforts, as Acronis’ own recent study shows, 25% of people in the United Arab Emirates still do not use any cyber protection tools.

Malware attacks remain a global phenomenon and all countries must combat them. When reviewing the normalized registration of malware in our studies, we saw countries like Taiwan, Singapore, China and Brazil with a registration rate of over 50%. However, the Middle East and Africa (MEA) are also fairly high on the list, with the United Arab Emirates at 38%, South Africa at 36% and Saudi Arabia at 29%.

We see similar statistics for blocked ransomware attacks: United Arab Emirates was number 33 globally and is responsible for 0.3% of all global registrations – an increase of 63% from oct. 2021 – while South Africa was number 30 in the world, responsible for 0.4% of all registrations – an increase of 64% from October 2021.

Although ransomware attacks are clearly on the rise in MEA, the high detection rate of malware may mean that countries are becoming more aware of cyber protection by upgrading their detection capabilities.

Acronis’ #CyberFit Summit, which takes place as a hybrid event in Dubai, United Arab Emirates on December 8-9, aims to help local organizations and citizens build their cyber defenses. The platform engages world-class cybersecurity experts and provides a thorough look at how companies can improve their IT infrastructure capabilities – with a particular focus on MSPs, which are the backbone of channel companies.

Acronis is also using this platform to announce the opening of two data centers in Africa – Nigeria and South Africa – opening in Q2 2022, helping to meet the company’s ongoing plan to build 110 data centers worldwide within two years.

Acronis Cyberthreats-rapport 2022

The Acronis Cyberthreats 2022 report is based on surveys of attack and threat data collected by the company’s global network of Acronis CPOCs, which monitor and investigate cyber threats around the clock. Malware data was collected by more than 650,000 unique endpoints worldwide, where Acronis Cyber ​​Protect is in use, either by a customer of an MSP using the solution or a company running the solution. The end-of-year update covers attacks targeting endpoints recorded between July and November 2021.

The complete report provides an in-depth insight into the key cyber security / threat trends observed by the CPOCs during the second half of 2021, a review of malware families and related statistics, a detailed insight into the most vulnerable groups of ransomware, the vulnerabilities that contribute to successful attacks, and Acronis’ security recommendations for the year 2022 and beyond. See the results for the first half of 2021 in our Acronis Cyberthreats report: Mid-year 2021.

Acronis #CyberFit Summit in Dubai, United Arab Emirates

Teleworking is here to stay, and so is the growing number of sophisticated cyber attacks – and it’s therefore up to both companies and individuals to follow the best cyber protection practices available.

If you would like to know more about cybersecurity issues and possible solutions for businesses, you can sign up for the Acronis #CyberFit Summit World Tour 2021. One platform that allows you to:

  • Participate for free in results-focused virtual sessions and learn more about cyber protection of some of the world’s most talented
  • Improve your MSP company’s cyber protection features with advice from the most popular channels, cybersecurity experts and
  • Hear exclusive case studies of successful, profitable and scalable MSPs and MSSPs.
  • Learn more about how you can grow your business with forward-looking cybersecurity services.
  • Participate in practical, interactive workshops, insightful panels and small groups and inspiring keynotes – and at the same time enjoy opportunities for networking via IT channels.

Source: IT-Kanalen by it-kanalen.dk.

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