Trend Micro publishes annual cybersecurity report

Trend Micro publishes annual cybersecurity report

Company’s latest report reveals the increasing threats organizations must address and protect against with robust cybersecurity solutions.

Manama, Bahrain – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today released its 2021 annual cybersecurity report: Navigating New Frontiers. The report highlights the growing rate of cyber-attacks by malicious actors on digital infrastructures and individuals in the modern-day hybrid work environment.

The report states that globally Trend Micro solutions stopped over 94.2 billion threats in 2021, a 42% increase in the number of detections recorded in 2020. Attacks had surged over 53 billion in the second half of 2021, blocking 41 billion threats in H1 2021. Ransomware attackers are shifting their focus to critical businesses and industries more likely to pay, and double extortion tactics ensure that they are able to profit.

Ransomware-as-a-service offerings have opened the market to cybercriminals with limited technical knowledge, as well as given rise to more specialization, such as initial access brokers who are now an essential part of the cybercrime supply chain. Threat actors are getting better at exploiting human error to compromise cloud infrastructure and remote workers. Homeworkers are often prone to take more risks than those in the office, which makes