Cyber Security

ReasonLabs Summer 2023 Trends Report

New report from cybersecurity pioneer underscores the need for more stringent security measures to protect consumers

ReasonLabs, the cybersecurity pioneer equipping home users with the same level of cyber protection used by Fortune 500 companies, today released its Summer 2023 Consumer Cybersecurity Trends Report. The report, which analyzed global security incidents gathered by the ReasonLabs’ Threat Intelligence Team from May to July 2023, includes crucial data and insights into cybersecurity threats, both new and emerging, that are most prevalent for consumers today.

Consumers are spending countless hours on their phones, tablets, and computers. With more time spent online comes an increased risk for consumers, who are often unaware of the commonality and complexity of cybersecurity threats that exist on the internet. With the release of their latest Trends Report, ReasonLabs shines a light on not only the top security risks today but also educates consumers on how to best protect themselves moving forward.

ReasonLabs’ report found that malware – software specifically designed to disrupt or damage devices – was the top online threats affecting consumers from May to July 2023, accounting for 58% of all detections. This is consistent with trends from previous years, where malware also ranked as the top threat to consumers. Other prevalent threats included:

  • Phishing (24.7%), an attack that tricks consumers into revealing sensitive information such as passwords and credit card
  • Adware (8.1%), a form of malware that can deliver unwanted advertisements onto a device, hijack a computer’s settings, or display potentially dangerous ads.
  • Pirated software (3.8%), which often contains malware that hackers embed into websites and contain free content such as movies and TV shows.
  • Cryptojacking (3.6%), a form of cyber attack in which a hacker uses someone else’s computer or device to mine cryptocurrencies without their knowledge or consent.
  • In the United States specifically, ReasonLabs found that malware (45.3%) and phishing (43.6%) were almost equally popular attack vectors for cybercriminals today.

“As consumers continue to spend more time connected to the internet, it is vital that they are aware of the wide array of cybersecurity threats that exist today,” said Kobi Kalif, CEO and co-founder of ReasonLabs. “With a holistic suite of cybersecurity tools, such as VPNs and antivirus software, combined with greater diligence from consumers themselves, each and every person can feel much more confident about keeping their data private. We hope that our recent findings serve as a reminder to consumers that they should arm themselves with strong cybersecurity solutions in order to protect themselves and their families.”

Visit AITechPark for cutting-edge Tech Trends around AI, ML, Cybersecurity, along with AITech News, and timely updates from industry professionals!

Related posts

How the Cybersecurity Workforce Will Weather a Recession: (ISC)²

PR Newswire

Brightly announced new appointments Executive Team

Business Wire

Trustwave and Trellix Announce Strategic Partnership

Business Wire