Acronis End-of-Year Cyberthreats Report Finds Average Cost of Data Breaches Expected to Surpass $5 Million Per Incident in 2023

Between July and October, Acronis found that the proportion of phishing attacks has risen by 1.3x, accounting for 76% of all attacks – an 18% increase from a prior Acronis report released earlier this year.

Acronis CyberThreat Report

Ransomware continues to be a threat

SCHAFFHAUSEN, Switzerland, Dec. 19, 2022 (GLOBE NEWSWIRE) — Acronis, a global leader in cyber protection, today released its latest cyberthreats and trends report for the second half of 2022 which found that phishing and the use of MFA (Multi-Factor Authentication) fatigue attacks, an extremely effective method used in high-profile breaches, are on the rise. Conducted by the Acronis Cyber Protection Operation Center, the report provides an in-depth analysis of the cyberthreat landscape including ransomware threats, phishing, malicious websites, software vulnerabilities and a security forecast for 2023.

Of note, the report found that threats from phishing and malicious emails have increased by 60%, and the average cost of a data breach is expected to reach $5 million by next year. The research team who authored the report also saw social engineering attacks jump in the last four months, accounting for 3% of all attacks. Leaked or stolen credentials, which allow attackers to easily execute cyberattacks and ransomware campaigns, were the cause of almost half of all reported breaches in the first half of 2022.

“The last few months have proven to be as complex as ever – with new threats constantly emerging and malicious actors continuing to use the same proven playbook for big payouts,” said Candid Wüest, Acronis VP of Cyber Protection Research. “Organizations must prioritize all-encompassing solutions when looking to mitigate phishing and other hacking attempts in the new year. Attackers are constantly evolving their methods, now using common security tools against us – like MFA that many companies rely on to protect their employees and businesses.”

Report Highlights: Threat Landscape Sees New Challenges

As security tactics and the technologies associated with them evolve, so do the threat actors trying to break into organizations and their ecosystems. The constant feed of ransomware, phishing and unpatched vulnerabilities demonstrate how crucial it is for businesses to reevaluate their security strategies.

Ransomware Continues to be the Number One Threat

  • Ransomware threats to businesses including government, healthcare, education and other sectors is generally getting worse
  • Each month in the second half of this year, ransomware gangs added 200-300 new victims to their combined list.
  • The market of ransomware operators was dominated by 4-5 players. By the end of Q3, the total number of compromised targets published for the main operators in 2022 were as follows:
    • LockBit – 1157
    • Hive – 192
    • BlackCat – 177
    • Black Basta – 89
  • There were 576 publicly-mentioned ransomware compromises in Q3, a slight increase from Q2.
  • The overall number of ransomware incidents decreased slightly in Q3, following a summer high from July to August when Acronis observed a 49% increase in blocked ransomware attacks globally, but was then followed by a decrease of 12.9% in September and 4.1% in October.
  • As the main threat actors are continuing to professionalize their operations, Acronis notes a shift towards more data exfiltration with most of the large players expanding their targets to MacOS and Linux systems, and consideration of cloud environments.

Phishing and Malicious Emails Remain Highly Successful for Threat Actors

  • Between July and October 2022, the proportion of phishing attacks rose by 1.3x against malware attacks reaching 76% of all email attacks (up from 58% in H1’2022).
  • Spam rates increased by over 15% — reaching 30.6% of all inbound traffic.
  • The United States led as the country with the most clients experiencing malware detections at 22.1% in October 2022, followed by Germany with 8.8% and Brazil with 7.8%. These numbers represented a small increase for the US and Germany, especially in financial trojans.
  • South Korea, Jordan and China ranked as the most attacked countries in terms of malware per user in Q3.
  • Analyzing the 50 most email-borne-attacked organizations revealed the top targeted industries including:
    1. Construction
    2. Retail
    3. Real estate
    4. Professional Services (Computers & IT)
    5. Finance
  • During this period, an average 7.7% of all endpoints tried to access malicious URLs in Q3 2022, a small reduction from 8.3% in Q2 2022.

Malicious Actors Continue to Seek Out and Target Unpatched Systems

  • While software vendors release patches regularly or often, it is still not enough. Many attacks succeed due to unpatched vulnerabilities.
  • Acronis continues to observe and warn both businesses and home users that new zero-day vulnerabilities and old unpatched ones are the top vector of attack to compromise systems.
  • Microsoft:
    • A phishing campaign targeted Microsoft users in September by using the news coverage of the passing of Queen Elizabeth II and impersonating “the Microsoft team” to bait recipients into adding memo text onto an online memorial board in September.
    • Another large-scale phishing campaign was spotted targeting Microsoft M365 email service credentials, specifically at fin-tech, lending, accounting, insurance and Federal Credit Union organizations in the US, UK, New Zealand and Australia.

“Increased recognition that cybersecurity is a growing business risk is a welcome trend across all levels of enterprises,” said Michael Suby, VP Research, Trust and Security at IDC. “The latest Acronis Cyberthreat report explores real-world examples from the second half of this year and offers practical recommendations to protect the people, processes, and technologies that drive modern enterprises.”

For more information, download a copy of the full Acronis End-of-Year Cyberthreats Report 2022 here: https://www.acronis.com/en-us/lp/cyberthreats-report-2022-end-year.
To learn more about the report and its findings, visit the Acronis blog post.

Visit www.acronis.com for information about Acronis solutions that help combat security challenges like these – including the recently announced Acronis Advanced Security + EDR.

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 2,000 employees in 60+ locations. Acronis Cyber Protect solution is available in 26 languages in over 150 countries and is used by over 20,000 service providers to protect over 750,000 businesses.

Press contacts:
Karl Bateson
Karl.Bateson@acronis.com

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GlobeNewswire Distribution ID 8716557

FonesLife offers the 7,000-plex SomaScan® Platform as Japan’s first SomaLogic™ Certified Site

TOKYO and BOULDER, Colo., Dec. 19, 2022 (GLOBE NEWSWIRE) — SomaLogic, Inc., a leader in proteomic technology, announced today that Tokyo-based FonesLife Corporation, will be the first SomaLogic™ Certified Site in Japan. The new site will offer the 7,000-plex SomaScan® Assay in their labs and provide SomaScan data to their customers. By becoming a SomaLogic Certified Site, FonesLife can now run assays on SomaLogic’s SomaScan Platform—the largest commercially available proteomic platform—and accelerate their own research and provide additional opportunities to utilize the industry-leading platform in the Asia-Pacific region.

“SomaScan data can now be produced in Japan, which gives us faster results and makes it possible to work with samples that are difficult to take out of the country,” said FonesLife Chief Executive Officer Naoto Egawa. “Our goal is to dramatically expand our business as a scientific service provider in the expanding Asian market.”

The SomaLogic Certified Site program gives labs and institutions—including academia and contract research organizations (CROs)—access to the SomaScan Assay, with more than 7,000 protein measurements per sample and up to 90 samples per assay kit. SOMAmer® reagents have been optimized for specificity with specific binding to target epitopes with coefficients of variation (CVs) of approximately 5 percent, versus polyclonal antibodies that can result in non-specific binding, with CVs as high as 25 percent.

“The Certified Sites program allows us to expand the availability of our platform to labs and institutions around the world,” said Executive Vice President of SomaLogic’s Life Sciences business, Adam Taich. “Japan is a rapidly growing market for translational work in life sciences and clinical research and we are excited about this opportunity to deepen our long partnership with FonesLife.”

SomaLogic launched the Certified Site program in 2022 with labs at the National Institutes of Health, Washington University and Beth Israel Deaconess Medical Center. New sites are expected to be added in 2023 in Asia Pacific, EMEA and North America.

SomaLogic’s proprietary SomaScan Platform was designed to be a universal platform that can be applied across research and discovery, translational research and biopharmaceutical development, and clinical applications. SomaLogic can run approximately 7,000 protein measurements on a single 55 microliter plasma or serum sample. The company has run more than 550,000 samples to date.

About SomaLogic 
SomaLogic (Nasdaq: SLGC) seeks to deliver precise, meaningful and actionable health-management information that empowers individuals worldwide to continuously optimize their personal health and wellness throughout their lives. This essential information, to be provided through a global network of partners and users, is derived from SomaLogic’s personalized measurement of important changes in an individual’s proteins over time. For more information, visit www.somalogic.com and follow @somalogic on Twitter.

Forward Looking Statements Disclaimer
This press release contains certain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. All statements, other than statements of historical fact included in this press release, regarding our strategy, future operations, financial position, estimated revenues, projections, prospects, plans and objectives of management are forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “forecast,” “guidance,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “continue,” “will likely result,” “possible,” “potential,” “predict,” “pursue,” “target” and similar expressions, although not all forward-looking statements contain such identifying words. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Forward-looking statements do not guarantee future performance and involve known and unknown risks, uncertainties and other factors.   Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including factors which are beyond SomaLogic’s control. You should carefully consider these risks and uncertainties, including, but not limited to, those factors described under Part I, Item 1A – “Risk Factors” in our Annual Report on Form 10-K and other filings we make with the Securities and Exchange Commission. These filings identify and address important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and SomaLogic assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. The Company will not and does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Media Contact
Emilia Costales
720-798-5054
ecostales@somalogic.com

Investor Contacts
Marissa Bych
Gilmartin Group LLC
Marissa@gilmartinir.com

GlobeNewswire Distribution ID 8716676

Webull Expands into Australia

NEW YORK, Dec. 19, 2022 (GLOBE NEWSWIRE) — Webull Corporation (“Webull”), the owner of the popular Webull trading platform, today announced the launch of its retail brokerage services in Australia. Through licensed financial services trading firm Webull Securities (Australia) Pty. Ltd. (“Webull Australia”), a subsidiary of Webull, Australian residents can now trade U.S.-listed equities, ETFs, options, and fractional shares, all at low commissions through the award-winning Webull app. The Webull platform also makes available news, industry data and educational materials to provide investors with the tools needed to make informed investment decisions.

Bernard Teo, head of Webull’s Asia-Pacific operations, stated, “We are excited to start our business in Australia, which becomes our third market in the Asia-Pacific region following successful launches in Hong Kong last year and Singapore earlier this year. Webull’s trading platform has become very popular in the United States, Hong Kong, and Singapore, and we are confident that our offering of powerful trading tools within a convenient mobile format at low commissions will be equally appealing to Australia’s investors. This marks another exciting step in Webull’s mission to help global investors enjoy tech and enjoy investing.”

Webull Australia secured its Australian Financial Services License from the Australian Securities and Investments Commission in June 2022. While its offering will initially be limited to U.S.-listed securities, Webull Australia hopes to secure participant membership to the ASX and Cboe Australia in the first half of 2023, which will allow it to offer local Australian securities. Webull Australia also plans to offer Hong Kong-listed securities in 2023.

Rob Talevski, Chief Executive Officer of Webull Australia, said, “Australian investors should be very excited about Webull’s arrival. Australians love cutting-edge technologies and are by their nature internationally focused. We are confident that Webull’s mobile-first platform providing information, tools, and investment access to key global markets is an excellent fit for the Australian market.”

The Webull trading platform launched in the United States in 2018 through a subsidiary of Webull that is an SEC-registered broker-dealer and FINRA member. U.S. residents can also trade cryptocurrencies over the Webull platform through an arrangement with our partner, Apex Crypto LLC. In 2021, Webull was the second most downloaded app among pure-play brokerages in the U.S., according to mobile and data analytics firm App Annie. Trading over Webull’s platform is also available in Hong Kong and Singapore through Webull entities licensed with the Securities and Futures Commission of Hong Kong and the Monetary Authority of Singapore, respectively.

The Webull trading platform can be downloaded through the Apple App Store and the Google Play Store.

For more information about Webull, visit Webull’s corporate website at https://www.webullcorp.com. For media inquiries, please contact Jay Walsh at walsh@webull-us.com.

About Webull

Webull is a leading digital investment platform built on next-generation global infrastructure. Webull serves tens of millions of users from over 180 countries, providing retail investors 24/7 access to financial markets around the world. Users can put investment strategies to work by trading global stocks, ETFs, options, cryptocurrencies, and fractional shares, through Webull’s trading platform, which is currently available in the United States, Hong Kong, Singapore, and Australia. Webull also offers investment education services, with lessons covering a wide range of topics.

GlobeNewswire Distribution ID 8716363

Cybersecurity Startup Dazz Appoints Julie O’Brien as Chief Marketing Officer

With more than two decades of experience, O’Brien joins the Dazz executive team to help organizations solve cloud security remediation challenges

Featured Image for Dazz Inc.

Featured Image for Dazz Inc.

PALO ALTO, Calif., Dec. 19, 2022 (GLOBE NEWSWIRE) — Dazz, the leader in cloud security remediation, has announced the appointment of Julie O’Brien as Chief Marketing Officer. Julie brings more than two decades of experience building and scaling high performing organizations to Dazz as the company enters its next phase of growth. She will be part of the leadership team and report directly to the CEO, Merav Bahat.

Julie has driven growth and innovation strategies for some of the industry’s most influential technology companies, including Nutanix, Box and Cisco. Her career experience spans leadership positions at venture-backed startups, high-growth businesses and public corporations. Most recently, Julie served as CMO of cybersecurity startup AttackIQ, where she built and led the global marketing organization. Her areas of expertise include brand building, category-creation, growth marketing, product marketing, customer advocacy, go-to-market strategies, and IPO readiness. Julie is a board member of non-profit Workforce Opportunity Services and an advisor to privately-held Influitive.

“While the global economy continued to deteriorate in 2022, cloud breaches were on the rise,” said Merav Bahat, CEO of Dazz. “Development and cybersecurity teams are now facing unprecedented pressure to optimize resources and prioritize business risk. Dazz is uniquely positioned to help on both fronts. As we enter our next phase of growth, I am delighted to welcome Julie to the team. She is a proven leader with a long tenure of building world-class marketing organizations, and her breadth of experience will be invaluable as we scale the company and deliver the industry’s leading solution for cloud security remediation.”

Dazz emerged out of stealth in December 2021 and raised a total of $60 million to date. Its investors include some of the world’s most prominent venture capital firms, including Insight Partners, Greylock, Index Ventures and Cyberstarts. The company is rapidly building its go-to-market and operations organization, including sales, marketing and customer success in the United States, and already counts two dozen of the Fortune 500 as customers.

“I’m excited to join Dazz and bring delight to our customers with a simple, dev-friendly way to manage alerts, prioritize risk, and fix vulnerability issues at the source,” said Julie O’Brien, CMO of Dazz. “Dazz is a force multiplier for cybersecurity and app development teams, who are now able to get the right fix, to the right person, with the right context, and close the risk window incredibly fast.”

About Dazz

Dazz accelerates cloud remediation for security and engineering teams. The Dazz Remediation Cloud maps your code-to-cloud pipelines, reduces security alerts to their key root causes, and remediates issues right in the developer’s workflow. With Dazz, you gain full pipeline visibility, cut through alert noise, increase the value of existing tools, and shrink your risk window by reducing time to remediate. Visit us at dazz.io and follow us on Twitter at @dazz_io and LinkedIn at dazz-io.

Contact Information:
Tamar Harel
Media Consultant
tamar@shalomtelaviv.com
+972508879311

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GlobeNewswire Distribution ID 8716596

Kyrgyzstan sees increase in volume of freight transportation for 11M2022

BAKU, Azerbaijan, The volume of freight transportation by all types of transport increased in Kyrgyzstan from January through November 2022, Trend reports with reference to the National Statistical Committee of Kyrgyzstan.

 

According to the committee, freight transportation by all modes of transport in the first 11 months of this year in Kyrgyzstan amounted to 39.8 million tons, which is an increase of 31.6 percent over the same period in 2021 (30.2 million tons).

 

During the reporting period, the volume of freight transportation by road reached 32.3 million tons, which is 40.2 percent more than in the corresponding period of last year (23.1 million tons).

 

As reported, cargo transportation by rail from January through November this year increased by 4.1 percent compared to the same period last year (6.9 million tons) – up to 7.2 million tons.

 

Meanwhile, volume of cargo transported by pipeline in the reporting period amounted to 277,500 tons.

 

Source: TREND News Agency

Azerbaijan to aid Pakistan with LNG supplies

BAKU, Azerbaijan, Pakistan plans to sign a framework agreement with Azerbaijan on the purchase of liquefied natural gas (LNG), a source close to Pakistani Minister of State for Petroleum and Natural Resources Musadik Malik said, Trend reports citing the Pakistani media.

 

“The framework agreement with Azerbaijan is in the final stage and will be completed in weeks or maybe a month,” he said.

 

Under the agreement, the State Oil Company (SOCAR) will supply LNG to Pakistan at a lower price.

 

Pakistan LNG Limited asked the Pakistani government to approve the framework agreement. The initial signature period is one year with an option to extend for another year, one LNG shipment per month will be offered by SOCAR 45 days prior to the start of the respective delivery dates, and each cargo offer will have a fixed validity period, during which PLL may accept the offer. Also the price of LNG will be indicated by SOCAR for each shipment in dollars.

 

Meanwhile, an intergovernmental agreement on cooperation in the field of energy was signed between the two countries on February 28, 2017.

 

Source: TREND News Agency