Sophos

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Most Educational Organizations Paid More Than the Original Ransom Demand

PR News Desk 17/09/2024

Sophos, a global leader of innovative security solutions that defeat cyberattacks, today released findings from its annual sector survey report, “The State of Ransomware in Education 2024.” According to the report, the median ransom payment was $6.6 million for lower education and $4.4 million

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Operation Crimson Palace, Chinese State-Sponsored Espionage

PR News Desk 11/09/2024

Sophos, a global leader of innovative security solutions for defeating cyberattacks, today released its report, “Crimson Palace: New Tools, Tactics, Targets,” which details the latest developments in a nearly two-year long Chinese cyberespionage campaign in Southeast Asia. Sophos X-Ops first reported on what they named Operation Crimson Palace in June and detailed Sophos

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The Median Recovery Costs for 2 Critical Infrastructure Sectors, Energy and Water, Quadruples

News Desk 18/07/2024

Sophos, a global leader of innovative security solutions for defeating cyberattacks, today released a sector survey report, “The State of Ransomware in Critical Infrastructure 2024,” which revealed that the median recovery costs for two critical infrastructure sectors, Energy and Water, quadrupled to $3 million over the past year. This is four times higher than the […]

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Sophos Managed Detection and Response Service Empowers GAC’s Cybersecurity Transformation

News Desk 08/07/2024

Sophos, a global leader of innovative cybersecurity solutions for defeating cyberattacks, today announced that it is partnering with GAC Group, which specializes in the delivery of high-quality shipping, logistics and marine services, to boost its cybersecurity strategy. The agreement seeks to strengthen and secure GAC’s corporate network from cyberattacks and breaches

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76% of Companies Improved Their Cyber Defenses to Qualify for Cyber Insurance, Sophos Survey Finds

News Desk 27/06/2024

Sophos, a global leader of innovative security solutions for defeating cyberattacks, today released findings from its survey, “Cyber Insurance and Cyber Defenses 2024: Lessons from IT and Cybersecurity Leaders.” According to the report, 97% of those with a cyber policy invested in improving their defenses to help with insurance, with 76% saying it enabled them […]

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Sophos Uncovers Chinese Espionage Campaign in Southeast Asia

News Desk 07/06/2024

Sophos, a global leader of innovative security solutions for defeating cyberattacks, today released its report, “Operation Crimson Palace: Threat Hunting Unveils Multiple Clusters of Chinese State-Sponsored Activity Targeting Southeast Asia,” which details a highly sophisticated, nearly two-year long espionage campaign against a high-level government target. During Sophos

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Joe Levy Appointed CEO of Sophos

News Desk 21/05/2024

Sophos, a global leader of innovative security solutions for defeating cyberattacks, today announced that Joe Levy is now chief executive officer (CEO) of the company. Levy has been acting CEO since Feb. 15. To drive a critical role in the execution of his strategy to shape the future of Sophos, Levy has named Jim Dildine […]

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97% of Organizations Hit by Ransomware Worked with Law Enforcement

News Desk 08/05/2024

Sophos, a global leader of innovative security solutions that defeat cyberattacks, today released additional findings from its annual “State of Ransomware 2024” survey. According to the report, among organizations surveyed, 97% of those hit by ransomware over the past year engaged with law enforcement and/or official government bodies for help with the attack. In addition,

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Ransomware Payments Increase 500% In the Last Year, Finds Sophos State of Ransomware Report

News Desk 01/05/2024

Sophos, a global leader of innovative security solutions that defeat cyberattacks, today released its annual “State of Ransomware 2024” survey report, which found that the average ransom payment has increased 500% in the last year. Organizations that paid the ransom reported an average payment of $2 million, up from $400,000 in 2023. However, ransoms are […]

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Sophos Partners with Tenable to Launch New Sophos Managed Risk Service

PR News Desk 04/04/2024

Sophos, a global leader of innovative security solutions that defeat cyberattacks, today announced a strategic partnership with Tenable®, the Exposure Management company, to provide Sophos Managed Risk, a worldwide vulnerability and attack surface management service. The new service features a dedicated Sophos team that leverages Tenable’s exposure management

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Sophos is a Leader in the IDC MarketScape Report for Worldwide Modern Endpoint Security

PR News Desk 21/03/2024

Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced it is a Leader in the IDC MarketScape: Worldwide Modern Endpoint Security for Small Businesses 2024 Vendor Assessment,* which evaluates the product offerings and business strategies of 18 modern endpoint security (MES) vendors. This news closely follows Sophos being named a

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2024 Sophos Threat Report: Cybercrime on Main Street Details Cyberthreats Facing SMBs

PR News Desk 13/03/2024

Sophos, a global leader in innovating and delivering cybersecurity as a service, today released its annual 2024 Sophos Threat Report, with this year’s report detailing “Cybercrime on Main Street” and the biggest threats facing small- and medium-sized businesses (SMBs*). According to the report, in 2023, nearly 50% of malware detections for SMBs were keyloggers, spyware

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Sophos Expands Commitment to the Channel with New Dedicated Partner Care Offering

PR News Desk 22/02/2024

Sophos, a global leader in innovating and delivering cybersecurity as a service, is expanding its commitment to the channel with the addition of Partner Care, a new offering in its global partner program that features a dedicated, 24×7 team of Sophos experts who handle non-sales related questions and operational support. The offering is designed to […]

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Sophos is a Leader in the IDC MarketScape for Worldwide Modern Endpoint Security for Midsize Businesses in 2024

PR News Desk 15/02/2024

Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced that it is a Leader in the IDC MarketScape: Worldwide Modern Endpoint Security for Midsize Businesses 2024 Vendor Assessment, which evaluates the solutions and business strategies of 16 modern endpoint security (MES) vendors. Sophos Endpoint defends more than 300,000

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Criminals Leverage “As-a-Service” Business Model with Sha Zhu Pan Kits

PR News Desk 07/02/2024

Sophos, a global leader in innovating and delivering cybersecurity as a service, today revealed how sha zhu pan scammers—those conducting elaborate, romance-based cryptocurrency fraud—are leveraging a business model similar to cybercrime “as-a-service” by selling sha zhu pan kits on the dark web, globally expanding to new markets. Sophos details these advanced sha

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Sophos Positioned a Leader in the 2023 Gartner® Magic Quadrant™

PR News Desk 15/01/2024

Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced that it is positioned as a Leader in the 2023 Gartner® Magic Quadrant™ for Endpoint Protection Platforms (EPP), marking the 14th consecutive time the company has been a Leader in the report. “We believe Gartner recognized Sophos again, due to our […]

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Prolific Ransomware Groups Intentionally Switch On Remote Encryption for Attacks

PR News Desk 08/01/2024

Sophos, a global leader in innovating and delivering cybersecurity as a service, today released a report, titled “CryptoGuard: An Asymmetric Approach to the Ransomware Battle,” which found that some of the most prolific and active ransomware groups, including Akira, ALPHV/BlackCat, LockBit, Royal, Black Basta, are deliberately switching on remote encryption for their

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Sophos Anticipates AI-Based Attack Techniques and Prepares Detections

PR News Desk 29/11/2023

Sophos, a global leader in innovating and delivering cybersecurity as a service, today released two reports about the use of AI in cybercrime. The first report—“The Dark Side of AI: Large-Scale Scam Campaigns Made Possible by Generative AI”—demonstrates how, in the future, scammers could leverage technology like ChatGPT to conduct fraud on a massive scale […]

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Sophos Advances Active Adversary Defenses with New Security Solutions

PR News Desk 23/11/2023

Sophos, a global leader in innovating and delivering cybersecurity as a service, today introduced several new solutions that advance critical defenses against active adversaries. Sophos exposes how these active adversaries are now carrying out ransomware “fast” attacks in mere hours in “The 2023 Active Adversary Report for Security Practitioners” also published today. The

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Cybercriminals Disabled or Wiped Out Logs in 82% of Attacks with Missing Telemetry

PR News Desk 15/11/2023

Sophos, a global leader in innovating and delivering cybersecurity as a service, today released its Active Adversary Report for Security Practitioners, which found that telemetry logs were missing in nearly 42% of the attack cases studied. In 82% of these cases, cybercriminals disabled or wiped out the telemetry to hide their tracks. The report covers […]