Where relevant, five in ten businesses (51%) and four in ten charities (41%) have had their cyber security strategy reviewed by a third party, such as IT or cyber security consultants, or external auditors. Organisations are not publicly disclosing their cyber security profile in their annual reports or otherwise to best inform stakeholders. 30% of incidents reported financial loss. The mid-year update to the 2022 SonicWall Cyber Threat Report is our analysis of the changing threat landscape. Where this has been applied we have made a note in the base text of the relevant figure., These aggregated results (for organisations updating managers at least annually or quarterly) across this section exclude the five per cent of businesses and charities that say they update senior managers each time there is a breach (although these are still included in the base)., The charities mentioning their countrys charity regulator are also included in the 10 per cent mentioning a government or public sector information source., This is the percentage of businesses and charities that say they have all the following rules or controls: having network firewalls, security controls on company-owned devices, restricting IT admin and access rights to specific users, up-to-date malware protection, and a policy to apply software updates within 14 days., The Ten Steps to Cyber Security government guidance was rewritten this year. This is true of both business (79%) and charities (74%). Be aware that many emails requesting your personal information may appear to be legitimate. You can unsubscribe at any time from the Preference Center. Phishing is also on the rise - a SlashNext report found that more than 255 million phishing campaigns were carried out over six months in 2022. Buoyed by increases in IoT malware and cryptojacking, malware volume reached 2.8 billion this year, representing an average of 8,240 attempts per customer. As fewer than one in ten charities have reviewed supply chain risks, caution must be exercised due to the low base size. These outcomes are all more prevalent among large businesses. Thirty-percent of phishing emails are opened. hbspt.cta._relativeUrls=true;hbspt.cta.load(1602894, '0edbe2ea-03c3-4f6f-b253-458a6c407c8e', {"useNewLoader":"true","region":"na1"}); An 18-year old hacker allegedly breaches the Uber database. Healthcare Cyberattacks across the U.S. It has also remained steady amongst charities compared to last year but is significantly higher than the baseline year in 2018. We also asked organisations if they adhere to any of the following standards or accreditations: Of these, the PCI DSS standard is the most widespread, with a third of businesses (32%) adhering to this. Given cyber security measures vary across businesses it means that businesses that tend to have strong cyber security (e.g., a large finance and insurance firm) are as vulnerable to an attack as their weakest supplier (e.g., a small business in food and accommodation) if they do not monitor their supply chain. For charities, analysis by size is primarily considered in terms of annual income band. The top (unprompted) organisations that businesses tend to report breaches to externally are banks, IT providers, internet service providers, Action Fraud and clients, as Figure 6.2 shows. This may indicate that the volume of large businesses seeking information during the COVID-19 pandemic is now subsiding. hbspt.cta._relativeUrls=true;hbspt.cta.load(1602894, '6be28502-d117-4fbc-9773-cae0fb3bd656', {"useNewLoader":"true","region":"na1"}); Ransomware attacks are becoming more complex and dangerous with every passing month. However, we need to exercise caution when interpreting these results they do not necessarily show the definitive proportion of organisations that have a Chief Information Officer (CIO) or Chief Information Security Officer (CISO), for example. Hackers breach FishPig, a software vendor for Magento, in a supply-chain attack. The Associated Press Alana Mastrangelo 10 Oct 2022 0 2:28 Cyber attacks were reported on Monday at some of the largest airports in the United States, officials allege. There was constant and consistent dialogue between cyber and IT teams (in the case of larger organisations), key decision makers and the wider body of staff. Small charity. However, there were a few bright spots, such as the retail industry, which saw a 79% drop. Despite the low proportion of organisations undertaking cyber security training in Figure 4.7, organisations felt they tended to have a good staff culture around security and vigilance. This allowed them to visualise the impact a serious breach could have and made facilitating discussion and, ultimately, securing the desired budget more straightforward. Although it still amounts to no more than a fifth of charities, among these organisations awareness of Cyber Essentials (19%) has increased significantly since 2021 (10%). We always advise our clients to keep their cybersecurity infrastructure tight, policies and plans updated and their cybersecurity hygiene in place. Like with negative outcomes, organisations that report breaches other than phishing are more likely to report an impact from a breach (53% vs. 35% overall for businesses and 57% vs. 38% overall for charities). Around half of businesses (48%) and approximately four in ten charities (41%) report actively seeking information or guidance on cyber security from outside their organisation in the past year. The same is true for high-income charities (92% of those with income of 500,000 or more, vs. 72% of charities overall). Only changing or updating firewalls or system configuration (10% of business and 9% of charities) and changed or updated antivirus or antimalware software (8% and 10%) were mentioned by approaching one in ten. On the other hand, the risk of reputational damage was a key reason not to pay the ransom. Cyber crime against UK businesses has since slowly decreased - in 2021 and as of October 2022, 39% of UK businesses have reported suffering a cyber attack. In both the labour market study and this Cyber Security Breaches Survey, relevant training and awareness raising sessions are more commonplace in larger organisations. That's a 61% rise in comparison with 2021. Some organisations took their supply-chain risk very seriously, and only dealt with suppliers on a one-to-one basis and would demand to see IT protocols. This can help mitigate the impact of any attack that may occur. This is counter to the long-term trend. These are: In contrast fewer than one in ten within financial and insurance (4%) or information and communications businesses (9%) never update senior managers on cyber security actions. 1: Attack surface expansion Currently, 60% of knowledge workers are remote, and at least 18% will not return to the office. Small business. There is a lack of understanding of what constitutes effective cyber risk management, which is compounded by a lack of expertise and perceived complexity of cyber security matters at board level. We therefore asked organisations whether they have heard of specific initiatives or communications campaigns before. Digital assets trading firm Wintermute gets hacked & loses $162.2 million in DeFi operations. Organisations would also often seek out information in relation to a particular media story. The respective figures for reviewing their wider supply chain are 12% and 26%. Business sector groupings referred to across this report, and their respective SIC 2007 sectors, are: Analysis of organisation cyber security split by geographical region is considered to be out of the scope of this reporting. As in previous years, organisations that face non-phishing breaches or attacks, for example viruses or ransomware, account takeovers, hacking attempts or other unauthorised access, are much more likely than average to experience a negative outcome as a result (38% vs. 20% overall for businesses and 35% vs. 19% overall for charities). Its going to cost the business. The qualitative findings below suggest a number of challenges about how to translate board engagement with cyber security into increased cyber resilience amongst businesses. There is a further guide to statistical reliability at the end of this release. Apply. A lack of viable commercial narrative, lower perceived importance, and lack of understanding even amongst larger organisations lead to a more reactive approach as we have identified previously. ET when the Port Authority notified the Cybersecurity and Infrastructure Security Agency that the LaGuardia Airport system had been hit. We explicitly asked respondents to include the cost of this time regardless of whether this duty was part of the staff members job function or not. Communications and public engagement plans are far less widespread than the other actions, even among large businesses (49% have plans of this sort). Our own data centre footprint is drastically shrinking. ProxyShell (CVE-2021-34473, CVE-2021-34523, and CVE-2021-31207) and ProxyLogon (CVE-2021-26855 and CVE-2021-27065). Each year, the survey has asked whether organisations have a range of technical rules and controls in place to help minimise the risk of cyber security breaches. Many organisations remain in a reactive approach to cyber security instead of proactively driving improvements. These figures are virtually unchanged since 2021 (43% and 29% respectively). 2022 Cyber Attack Trends Mid-Year Report. These exclusions are consistent with previous years, and the survey is considered comparable across years. Sept 9, 2022. Large business. As Figure 6.2 shows, organisations do not tend to report breaches. There was also a concern amongst larger organisations that they risked their reputation if they did so when the chances were that they would not get found out. . Uptake for these is still in the minority. Executive Briefing and Awareness Session (EBAS), Certified Information Systems Auditor (CISA), Virtual CISO (Information Security Manager), Cyber Incident Response Maturity Assessment, New Ransomware/Malware Detected in September 2022, Phishing Campaign Exploiting the Queen's Death, Multiple Cyber-Attacks by Iranian Nationals, Classified NATO docs stolen from Portugal, Empress Emergency Medical Services, New York, Bell Technical Solutions Ransomware Attack, CISA adds 12 security flaws to list of bugs, Lure Document to implant Graphite Malware, VIRTUALPITA & VIRTUALPIE backdoor exploits, Recent Cyberattacks, Data Breaches, Ransomware Attacks in October 2022, Recent Cyber Attacks, Data Breaches & Ransomware Attacks: August 2022. Although higher than their smaller counterparts, only a third (31%) of very high-income charities invest in threat intelligence. For instance, a small charity stated that they ensured their data was stored on a cloud provider and encrypted. I have aggregated the statistics created from the cyber attacks timelines published during Q3 2022. Qualitative interviews suggest that those at senior level within charities may lack the skill to address cyber security or be focused on other issues. ASEC analysis team discovers distribution of FARGO Ransomware targetting unsecured MS-SQL servers. Were now leveraging more client services; we have more suppliers hosting client services for us. This leads to a reactive approach to cyber incidents as opposed to a proactive approach in limiting cyber risk. An MSP may provide their own Managed Services or offer their own services in conjunction with other IT providers services. Some organisations had no plan at all. The mean and median scores exclude dont know and refused responses. In small businesses, general office managers (19%), those with another senior management role (15%), or finance directors/controllers (12%) tend to take on cyber security responsibilities. In smaller organisations, there was a lot of variation in the level of awareness of threat intelligence and some had no knowledge of what threat intelligence was. Figure 6.1 shows the actions organisations typically say they take in response to a cyber security incident. Often this led to more immediate or tangible risks (such as physical security of premises) being prioritised over cyber security. However, we have still been able to highlight income band differences, with the greatest focus being on the subgroups of high-income charities (with 500,000 or more in annual income) and charities with very high incomes (of 5 million or more). A recent study for the Acronis Cyber Readiness Report 2021showed that IT administrators ranked phishing as the top threat they encounter, with 58% of respondents saying that they have received such attacks. The same is true for high-income charities, with six in ten (58% of those with 500,000 or more) saying they outsource. 2022 has seen several data theft incidents at healthcare organizations. It is primarily used to inform government policy on cyber security, making the UK cyber space a secure place to do business. Recent Cyber Attacks Data Breaches & Ransomware Attacks September 2022, Customers' names, contacts & demographic information, dates of birth, & product registration data stolen, Read more on this major, news-making attack in our, Australia's second-largest telecommunications company, Optus, has reported a cyber-attack affecting 2.8 million Australians, Hive ransomware gang demands $2 million from Damart, a French clothing company it attacked in mid-August, NFL's San Francisco 49ers confirms and informs its customers that a ransomware attack that hit its network earlier this year affected more than 20,000 individuals, Hackers demand $10 million for a ransomware attack that hit Montenegro in mid-August, New ransomware targets Windows, Linux servers of Chile govt agency, The BlackCat/ALPHV ransomware gang takes responsibility for the attack that hit the systems of Italy's energy agency Gestore dei Servizi Energetici SpA (GSE), The Los Angeles Unified School District deals with a ransomware attack where Vice Society gang stole 500 GB of data, Empress EMS (Emergency Medical Services), a New York-based emergency response and ambulance service provider, has disclosed that a ransomware attack earlier in the year led to a data breach exposing information of 3,18,558 customers, Lorenz ransomware gang exploits critical vulnerability in Mitel MiVoice VOIP appliances to breach enterprises via phone systems, Hive ransomware gang claims responsibility for an attack that hit the systems of Bell Canada subsidiary Bell Technical Solutions (BTS) on 20th August 2022, Hive ransomware operation claims responsibility for an attack on the New York Racing Association (NYRA), which previously disclosed that a cyber attack on June 30, 2022, impacted IT operations and website availability and compromised member data, New Ransomware/Malware Discovered in September 2022, Vulnerabilities/Patches Discovered in September 2022, Warnings/Advisories/Reports/Malware Detection. Figure 4.1: Percentage of organisations that have carried out the following activities to identify cyber security risks in the last 12 months, Bases: 1,243 UK businesses; 424 charities; ^only asked half A, 658 UK businesses; 185 charities. There are two elements of cyber security to which businesses and charities appear to afford the same level of importance. Chuck Brooks, President of Brooks Consulting International, is a globally recognized thought leader and subject matter expert Cybersecurity and Emerging Technologies. Figure 3.3 breaks down how often senior managers get updates on the state of cyber security and any actions being taken. Conversely, there has been a significant increase for charities since we started surveying them in 2018 (30% vs. 19%). This made it easier for organisations to make the business case for increased cyber security spending. [Training and briefing board] was to frame their understanding of the risk of the impact of non-compliance If they understand the risk and the impact of the business and then as directors, it will frame them in making decisions. We ask organisations where they seek information, advice, or guidance on the cyber security threats they face. annually. In contrast, businesses show a clear reactive approach when breaches occur, with 84% of businesses saying they would inform the board, while 73% would make an assessment of the attack. However, that is not to say they did not trust their IT staff with cyber security. From 2018 to 2020, this increased from 27% to 38% across businesses, but last year dropped to 33%. This Statistical Release focuses on the business and charity outcomes. Among financial and insurance firms the figure is over seven in ten (72%). In some larger organisations there were cyber security experts in senior roles. entertainment, services and membership organisations. Most organisations (93% of businesses and 89% of charities) do report having some sort of formalised incident response process, i.e., doing at least one of the things mentioned here. Cloud computing uses a network of external servers accessed over the internet, rather than a local server or a personal computer, to store or transfer data. In previous years organisations have mentioned protection against ransomware and assistance with payments as a key reason for getting insurance. This includes the full report, infographics and the technical and methodological information for each year. Albania reports 2nd cyberattack by Iran on one of its border systems. The government guidance 10 Steps to Cyber Security breaks down the task of protecting an organisation into 10 key components. Internally there has been no recovery in the decline in defensive behaviours seen last year. CYFIRMA research team observed this malware binary in August, 2022 while carrying out threat hunting activities. GitHub not impacted but accounts of its customers were affected. It belongs to the Phobos Ransomware family. For example, for a question where 50% of the 1,244 businesses sampled in the survey give a particular answer, the chances are 95 in 100 that this result would not vary more or less than 3.4 percentage points from the true figure the figure that would have been obtained had the entire UK business population responded to the survey. Of those with some form of cyber insurance, a tiny proportion of businesses and charities report having made an insurance claim to date. Excluding transport and storage where the sample size is too small for reliable analysis, fewer than one in ten firms in any sector review the potential cyber security risks in their wider supply chain. There were reputational and security concerns about being too descriptive with their cyber security and being perceived as not in line with peers, or appearing weak. As cybercrime continues evolving, we need as much intel as possible. An MSP is a supplier that delivers a portfolio of IT services to business customers via ongoing support and active administration, all of which are typically underpinned by a Service Level Agreement. The first two of these sectors were also above average in the 2021 survey. The study explores the policies, processes, and approaches to cyber security for businesses, charities, and educational institutions. The aim of this report is to provide an in-depth analysis of the challenges that security leaders are dealing with, the approaches they are taking to stay ahead of cybercriminals and the measures they are implementing to enhance cyber resilience not only within their organizations but also within the wider ecosystem. These findings are largely consistent with previous years, though reports are now made more frequently to the Action Fraud website/helpline than directly to police forces. A few areas had noticeable reductions, such as remote or mobile working (down 9 percentage points), what can be stored on removable devices (down 9), cloud computing (down 8) and smart devices (down 7). The survey cannot definitively say what has caused the lack of change. GIFShell allows threat actors to abuse Microsoft Teams for novel phishing attacks and covertly executing commands to steal data. The threat intelligence received tended to be quite simple: for example, a payment provider making them aware of a current cyber threat, rather than information from a firm dedicated to threat intelligence. These are having roles and responsibilities assigned to individuals (49% vs. 39% for businesses), keeping an internal record of incidents (77% vs. 68% for businesses) and informing their insurance provider (39% vs. 30% for businesses). This advisory provides a timeline of activity observed, from initial access to execution of encryption and wiper attacks.. It also considers the different cyber attacks these organisations face, as well as how these organisations are impacted and respond. Of the 39%, around one in five (21%) identified a more sophisticated attack type such as a denial of service, malware, or ransomware attack. Still, only 20% of them prioritized URL filtering solutions for their IT security stack. This is more common among medium (64%) and large (79%) businesses and within high-income charities (67% of those with 500,000 or more). Despite cyber security being seen as a high priority area, qualitative research found there is a lack of technical knowhow expertise within smaller organisations and at senior level within larger organisations.
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