OpenText Announces 2021 Webroot BrightCloud® Threat Report
Data demonstrates 34.4% YoY increase in overall phishing activity with massive spikes during the early months of the COVID-19 pandemic
WATERLOO, ON, April 20, 2021 /CNW/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the release of the 2021 Webroot BrightCloud® Threat Report. Webroot's unparalleled sixth generation machine learning security platform provides unique data insights into the timing, tactics and technologies that threat actors used over the past year.
Phishing activity increased significantly in the first few months of 2020, taking advantage of pandemic-induced product shortages and increased usage of streaming services. For the first time, eBay topped the list of brands most targeted for impersonations, with 31.1% of all phishing attacks in the month of February impersonating eBay. In March, phishing activity surged among streaming services YouTube (3,064%), Netflix (525%) and Twitch (337%).
"Gathered from over 285 million real-world endpoints and sensors, and leveraging the extensive BrightCloud network of industry-leading partners, this year's Threat Report clearly shows how cybercriminals are willing and able to evolve their tactics to exploit collective human interest and current events," said Prentiss Donohue, Executive Vice President, SMB/C Sales, OpenText. "The findings underscore the need for users and businesses of all sizes to enact a multi-layered approach to data security and protection given the persistent creativity of cybercriminals."
Download the full 2021 Webroot BrightCloud® Threat Report here.
Notable Report Findings:
The threat intelligence, trends and details presented in the 2021 Webroot BrightCloud® Threat Report are based on data continuously and automatically captured by the Webroot® Platform, which is the proprietary machine learning-based architecture that powers all Webroot protection and BrightCloud® services. This data comes from over 285 million real-world endpoints and sensors, specialized third-party databases, and intelligence from end users protected by our leading technology partners like Cisco, Citrix, F5 Networks and more. Our advanced threat research team analyzes and interprets the data using advanced machine learning and artificial intelligence.
Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Copyright © 2021 Open Text. All Rights Reserved. Trademarks owned by Open Text. One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents.
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SOURCE Open Text Corporation
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