Phishing Attacks Increase 718% in Europe According to Allot Research
March 01 2021 - 6:22AM
Allot Ltd. (NASDAQ: ALLT) (ALLT), a leading global provider of
innovative network intelligence and security solutions for service
providers and enterprises worldwide, today announced the release of
its 2020 Europe Cyber Threat Report. The 2020 trends presented in
this report include:
- Phishing attacks against consumers increased an average of 718%
compared with 2019.
- Phishing comprised 51% of all cyberthreats against
consumers.
- Allot blocked more than 2 billion cyber threats against
protected consumers.
The Allot Cyber Threat Report is released quarterly and covers
threats that are detected and blocked by Allot Secure for European
CSPs. In this report, Allot tracked a number of trends affecting
consumers, including phishing, adware, malicious downloads and
more. The report notes a sharp increase in Covid-19-related
threats. In January 2020, phishing attacks accounted for only 5% of
all threats blocked by Allot Secure solutions in Europe. By April,
at the peak of the first wave of Covid-19, phishing attacks rose to
56% of all blocked attacks. This reflects how cyber criminals took
advantage of their victims’ sensitivity to Covid-19 themed threats
as the impact of the pandemic increased.
This data was reported by European CSPs whose consumer customers
are protected by Allot Secure. Allot Secure is a family of
network-based cybersecurity solutions that provide the tools for
CSPs to offer their consumer and SMB customers zero-touch,
clientless protection from attacks including malware, viruses
phishing, ransomware plus parental and content control services.
Allot Secure services provide a unified experience for consumers on
any device no matter how they connect to their data – on the mobile
network, through their home router and as guests on Wi-Fi
networks.
“As a company that develops and integrates cybersecurity
services for communication service providers, Allot is out in the
field, helping our customers protect their customers from the
effects of cyber crime on any device, wherever they are,” said Dr.
Yael Villa, Senior Vice President Cybersecurity Division at Allot.
“Although we measured a significant jump in consumer-facing
phishing attacks in 2020, our research shows that Allot solutions
also blocked over a billion other threats including malware,
spyware and host of other types of attacks.”
To get the full Allot 2020 Cyber Threat Report, you can download
it from the Allot website. Allot is also offering a free webinar:
‘What Poses the Greatest Danger to Your Subscribers?’ on March 2,
2021 where Allot cybersecurity experts will discuss the research in
the report.
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Additional Resources:
Allot Blog: https://www.allot.com/blog
Allot On-air Podcast:
https://www.allot.com/resources/podcasts
Follow us on Twitter: @allot_ltd
Follow us on LinkedIn:
https://www.linkedin.com/company/allot-communications
About Allot
Allot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading
innovative network intelligence and security solutions for service
providers and enterprises 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 20 million
subscribers globally.
Allot. See. Control. Secure.
Forward-Looking Statement
This release contains 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: acceptance of our
products by our reseller and customer in EMEA, 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 (0)0549222294
sgreenberg@allot.com
Kimberly Velasco
Fusion PR for Allot
kimberly.velasco@fusionpr.com
Ehud Helft / Kenny Green
Allot Investor Relations
+1-646-688-3559
Allot@gkir.com
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