CYREN 2016 Cyberthreat Report Shows 55% Annual Increase in Phishing, Steady Upswing in Malware

Mar 09, 2016, 06:00 ET from CYREN

MCLEAN, Va., March 9, 2016 /PRNewswire/ -- CYREN (NASDAQ: CYRN) today announced in its 2016 CYREN Cyberthreat Report that it tracked 3.96 million active phishing URLs in 2015 – a 55% increase over 2014.

"This ongoing boom for phishing is a clear indicator that criminals are in the midst of an ongoing shift away from lower-value, consumer-oriented targets to a focus on specific, higher-value businesses and individuals," said Lior Kohavi, CTO at CYREN. "This means that an emphasis on prevention rather than detection is critical. We can no longer accept the idea that a first successful breach must happen before others can be protected. Criminal tactics have changed – and so must the industry's mindset." 

CYREN's report also notes that new malware rose 14% in 2015 to 95.54 million detections. New malware aimed at Android users increased at a slower 5% pace to reach 3.25 million detections. The full 28-page 2016 CYREN Cyberthreat Report is available to download at http://tinyurl.com/j39goqc.  

About CYREN
CYREN (NASDAQ and TASE: CYRN) protects more than 600 million users against cyber attacks and data breaches through its cloud-based web, email, mobile and endpoint security solutions. Relied upon by many of the world's largest technology companies such as Dell, Google, McAfee and Microsoft, CYREN offers enterprise-focused security as a service (SecaaS) solutions as well as embedded solutions for software and security providers . CYREN's global cloud security platform processes more than 17 billion daily transactions and uses innovative zero-day protection technology to proactively block over 130 million threats each day. Learn more at www.cyren.com.

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CYREN Media Contact
Matthew Zintel
Zintel Public Relations
281.444.1590
matthew.zintel@zintelpr.com

This press release contains forward-looking statements, including projections about the company's business, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. For example, statements in the future tense, and statements including words such as "expect," "plan," "estimate," "anticipate," or "believe" are forward-looking statements. These statements are based on information available at the time of the press release and the company assumes no obligation to update any of them. The statements in this press release are not guarantees of future performance and actual results could differ materially from current expectations as a result of numerous factors, including business conditions and growth or deterioration in the internet security market, technological developments, products offered by competitors, availability of qualified staff, and technological difficulties and resource constraints encountered in developing new products, as well as those risks described in the company's Annual Reports on Form 20-F and reports on Form 6-K, which are available through www.sec.gov.

© 2016 CYREN Ltd. CYREN and GlobalView are trademarks of CYREN Ltd. Other company and product names may be trademarks of their respective owners.

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SOURCE CYREN



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