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ReasonLabs Releases Annual Report Revealing Major Cyber Threats Facing Consumers

ReasonLabs

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ReasonLabs

19 Jan, 2023, 16:00 IST

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The report includes a detailed analysis of consumer cybersecurity threats from last year and offers predictions for 2023, including an increase in metaverse-related cyberattacks and the rise of Crimeware-as-a-Service

NEW YORK, Jan. 19, 2023 /PRNewswire/ -- ReasonLabs, the cybersecurity pioneer equipping families and individuals with the same level of cyber protection used by Fortune 500 companies, today released its annual research report, The State of Consumer Cybersecurity 2023, featuring comprehensive data and in-depth analysis of consumer cybersecurity threats from 2022 and predictions of the threats consumers are likely to face in 2023. The annual report is comprised of data derived from ReasonLabs users from more than 180 countries.

The report was developed by researchers from ReasonLabs' Threat Intelligence Center (TIC), the company's industry-leading in-house research arm. The report highlights data from 2022 and 2021 to provide context on year-over-year cybersecurity trends. Key takeaways from the report include:

  • The emergence of the metaverse and increased adoption of IoT devices carry new cyber risks, such as the metaverse attack vector identified by TIC researchers in 2022.
  • Malicious web extensions are becoming more and more prevalent - 15% of all malicious extensions detected throughout 2022 came from users in the United States.
  • Trojanized software such as coin miners, backdoors, infostealers, remote access trojans (RATs), and spyware continues to be a top threat to home users and remote employees, as they accounted for 31% of all detections.
  • The rise in HackUtilities detections from 4% in 2021 to 20% in 2022 demonstrates that online piracy—the use of pirated or cracked software and applications—is either at or near an all-time high.
  • Cyberwarfare is increasingly impacting average citizens around the world, with the most notable examples in 2022 coming from Russia's war in Ukraine. We found a large increase in detections in Ukraine throughout February compared to January, signaling that Russia's invasion was also paired with cyber attacks.
  • The top five countries with the most detections per user throughout 2022 are Kazakhstan, Russia, Egypt, Ukraine, and Bolivia respectively. While the list is diverse, over 50% (11/20) of the most attacked countries are in Asia, while only 10% (2/20) are from Europe.
  • Phishing remains the leading malware distribution method affecting home users and remote employees.
  • Crimeware-as-a-Service (CaaS), the practice of providing cyber products and services to criminals to facilitate large-scale attacks, is on the rise. CaaS products and services typically deliver ransomware, malware, phishing threats, and more.
  • As businesses improve their cybersecurity practices, attackers are increasingly focusing on home users. The proliferation of remote and hybrid work has made it easier for attackers to access corporate networks through employees' home networks.
  • The 2021 launch of the Ransomware and Digital Extortion Task Force in the U.S., along with government legislation around companies engaging with ransomware demands, means some attackers are deploying ransomware on home users instead of large corporations.

"ReasonLabs researchers have identified a number of critical threats facing everyday consumers—from a rise in malicious web extensions to the continued prevalence of phishing attempts and the use of Trojanized software. We are also seeing consumers face new threats due to emerging technologies like the metaverse; the ubiquity of remote and hybrid work; the rise in Crimeware-as-a-Service; and the growth in cyberwarfare, which often impacts ordinary civilians," said Kobi Kalif, CEO and co-founder of ReasonLabs. "In order to protect themselves and their families against both existing and emerging threats, home users should educate themselves about potential dangers, and utilize cyber protection solutions such as next-gen antivirus software, a VPN, a DNS filter, and parental control apps across their digital devices."

TIC researchers expect that 2023 will bring more sophisticated phishing and social engineering scams as consumers become more aware of common tactics. They also anticipate growth in Phishing-as-a-Service and overall CaaS. Additionally, researchers expect 2FA to continue to be bypassed, likely leading to the increasing use of Three- or Four-Factor Authentication. The report also indicates that unsecured consumers, particularly young users, will continue to be susceptible as they engage with cryptocurrencies, the metaverse, and other digital assets. Finally, the TIC anticipates the continued deployment of next-generation threats as emerging technologies, such as virtual reality, become more mainstream.

The TIC plays a pivotal role in identifying cyber threats and assessing the rapidly evolving cybersecurity landscape, analyzing two billion files per day and identifying more than 24 million threats every month. The TIC shares its findings with the cyber research community at large to ensure public awareness of—and protection against—emerging threats.

Click here to access the full report.

About ReasonLabs

ReasonLabs is a cybersecurity pioneer equipping tens of millions of families and individuals worldwide with the same level of cyber protection utilized by Fortune 500 companies. Its AI-powered, next-generation antivirus engine scans billions of files around the world to predict and prevent cyberattacks in real time, 24/7. Its flagship product, RAV Endpoint Protection, together with its other products combine to form a multilayered solution that safeguards home users against next-generation threats. Co-founded in 2016 by seasoned cybersecurity expert Andrew Newman—an architect of Microsoft's native cybersecurity program, Microsoft Defender—ReasonLabs is based in New York and Tel Aviv. Learn more at https://www.ReasonLabs.com.

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Contact:
Eric Wolkstein
Marketing Communications Manager, ReasonLabs
[email protected] 
+19892441734

Logo:https://mma.prnewswire.com/media/1883752/ReasonLabs_Logo.jpg

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