Allot Research Aids CSPs in Combating Phishing
July 23 2019 - 4:16AM
Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global
provider of innovative network intelligence and security solutions
for service providers and enterprises worldwide, today, released
its latest Telco Security Trends Report. Employing proprietary and
third-party industry research, the report explores the growth of
phishing attacks, their financial implications and critically, how
CSPs can help address this rising threat. Key findings of the
report include:
Phishing is a growing pain point for individuals, businesses
and CSPs. Consumers are the main targets of these attacks, and
they are calling for better security for their data and financial
information. Our research shows that they are right to be
concerned. Our data showed that during Q1 2019, 7 million European
mobile subscribers were protected, by their communications service
providers, on average from 20M phishing attacks a month.
Phishing is a billion-dollar global industry. Our
research revealed that over a 3-month period, Phishing represented
35% of activated protections among customers subscribed to a
CSP-based security service. Adware ran a close second with 34%.
This was in addition to anti-malware, ransomware and crypto-jacking
protections for customers subscribed to a CSP-based security
service.
CSPs have an opportunity to mitigate phishing
attempts
- Even though phishing is technically dependent on what sources
internet users choose to trust, CSPs can proactively protect their
subscribers from phishing.
- CSPs can take an Educate, Warn and Secure approach to
protecting their customers from on-line criminals.
- Phishing protection presents an opportunity for CSPs to
differentiate themselves and create unique revenue opportunities
while protecting innocent Internet users.
“Over the years, CSP subscribers have been both direct and
indirect victims of phishing, and it is now time to act,” said
Hagay Katz, VP Strategic Accounts, Cyber Security at Allot. “Today,
hackers are adept at scamming users into divulging their personal
and confidential information by manipulating elements of human
nature like greed, fear and hope. With a proactive approach of
educating customers about phishing, alerting customers to current,
local phishing campaigns, and implementing anti-phishing technology
to protect them at the network level, CSPs can not only gain
consumers’ trust but also generate new revenue opportunities for
themselves.”
For the complete report, please visit:
http://info.allot.com/04-Telco-Smart-Trends-Report--Phishing--Q3-2019_TST-Phishing--Q3-LP.html?utm_source=pr&utm_medium=globenewswire&utm_campaign=phishing_tst_report_july_19
Allot
Allot Ltd. (NASDAQ, TASE: ALLT) is a provider of leading
innovative network intelligence and security solutions for service
providers worldwide, enhancing value to their customers. Our
solutions are deployed globally for network and application
analytics, traffic control and shaping, network-based security
services, and more. Allot's multi-service platforms are deployed by
over 500 mobile, fixed and cloud service providers and over 1000
enterprises. Our industry-leading network-based security as a
service solution has achieved over 50% penetration with some
service providers and is already used by over 21 million
subscribers in Europe. Allot. See. Control. Secure. For more
information, visit www.allot.com.
Additional resources:
• Download the Allot Telco Security Trends Report:
http://info.allot.com/04-Telco-Smart-Trends-Report--Phishing--Q3-2019_TST-Phishing--Q3-LP.html?utm_source=pr&utm_medium=globenewswire&utm_campaign=phishing_tst_report_july_19
• Phishing Webinar Link:
https://www.youtube.com/watch?v=zOdeqNGfZj4&feature=youtu.be
• Allot Blog: https//www.allot.com/blog/
● Follow us on Twitter: @allot_ltd
● Follow us on LinkedIn:
https://www.linkedin.com/company/allot-communications/
Allot: See. Control. Secure.
For more information, visit: www.allot.com.
Forward-Looking Statement
This release may contain forward-looking statements, which
express the current beliefs and expectations of Company management.
Such statements involve a number of known and unknown risks and
uncertainties that could cause our future results, performance or
achievements to differ significantly from the results, performance
or achievements expressed or implied by such forward-looking
statements. Important factors that could cause or contribute to
such differences include risks relating to: our ability to compete
successfully with other companies offering competing technologies;
the loss of one or more significant customers; consolidation of,
and strategic alliances by, our competitors, government regulation;
lower demand for key value-added services; our ability to keep pace
with advances in technology and to add new features and value-added
services; managing lengthy sales cycles; operational risks
associated with large projects; our dependence on third party
channel partners for a material portion of our revenues; and other
factors discussed under the heading "Risk Factors" in the Company's
annual report on Form 20-F filed with the Securities and Exchange
Commission. Forward-looking statements in this release are made
pursuant to the safe harbor provisions contained in the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are made only as of the date hereof, and the company
undertakes no obligation to update or revise the forward-looking
statements, whether as a result of new information, future events
or otherwise.
Seth Greenberg
Allot
+972.9.761.7116
sgreenberg@allot.com
Ruchi Panday
Fusion PR for Allot
646.452.7100
ruchi.pandey@fusionpr.com
Ehud Helft / Gavriel Frohwein
Allot Investor Relations
+1-646-688-3559
Allot@gkir.com
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