1 in 5 companies has suffered a ransomware attack, survey finds

1 in 5 companies has suffered a ransomware attack, survey finds

The study on ransomware, conducted by cybersecurity experts at Hornetsecurity, also found that almost 1 in 10 ransomware victims paid the ransom.

Pittsburgh, PA, 7 October, 2021: A recent survey of 820+ businesses found that 21% of respondents had been the victim of a ransomware attack to date.  Ransomware is one of the most common and effective forms of cyber threat, whereby attackers encrypt an organization’s data, rendering it unusable until a ransom is paid.

 

Over 9% of surveyed ransomware victims paid the ransom

Of the 21% of companies that reported a ransomware attack, 9.2% recovered the data by paying the demanded ransom. The remaining respondents recovered the ransomed data through backups, yet some still reported losing data in the process.

According to the results, companies with 201-500 employees reported the highest incidence of ransomware attacks (25.3%), while those employing 1-50 had the lowest (18.7%). In geographical terms, 19.6% of North American companies reported attacks, while those based in Europe reported 21.2%.

 

Over 15% of companies do not protect backups from ransomware

15.2% of all survey respondents indicated that their company does not protect their backups from ransomware. Moreover, the survey also found that 17.2% of reported ransomware attacks targeted backup storage. These results reveal a cause for concern:  that standard on-site backups do not offer 100% protection against ransomware attacks. Indeed, backups must be protected against ransomware attacks through methods such as air-gapped, offsite storage or immutable storage – two commonly reported protection methods in this survey.

15.9% of respondents also reported having no disaster recovery plan in place, meaning they are typically unprepared and unequipped to deal with an attack.

 

28.7% of companies do not provide training to end-users on how to recognize and flag potential ransomware attacks

End-users represent one of the most effective methods-of-entry for ransomware attackers. Through social engineering techniques such as email phishing, end-users are manipulated into providing opportunities for malicious software to be introduced into company systems. According to this survey, more than 1 out of every 4 organizations (28.7%) do not provide training to end-users on how to recognize and handle potential ransomware threats.

 

Most common forms of backup and ransomware protection and prevention

71.3% of companies changed the way they back up their data in response to the threat of ransomware. The two most common forms of prevention observed in the survey are end-point detection software with anti-ransomware capabilities (75.6%), and email filtration and threat analysis (76.1%). Air-gapped, offsite storage is reported to be used 47.8% of the time – a low percentage when considering its effectiveness at enabling extraordinary data recovery.

To read more about the survey, along with a more in-depth analysis, click here.

 

About Hornetsecurity Group

Hornetsecurity is the leading security and backup solution provider for Microsoft 365. Its flagship product is the most extensive cloud security solution for Microsoft 365 on the market, providing robust, comprehensive, award-winning protection: Spam and virus filtering, protection against phishing and ransomware, legally compliant archiving and encryption, advanced threat protection, email continuity, signatures and disclaimers. It’s an all-in-one security package that even includes backup and recovery for all data in Microsoft 365 and users’ endpoints.

 

Media enquiries

Please contact us on marketing@hornetsecurity.com.

Hornetsecurity launches industry-first all-in-one security and backup service for Microsoft 365

Hornetsecurity launches industry-first all-in-one security and backup service for Microsoft 365

 All managed via a single, central console thanks to 365 Total Protection Enterprise Backup

Hannover, Germany, September 9, 2021: Hornetsecurity has released a new solution to provide Microsoft 365 business users with the security and data loss prevention they require.  Microsoft 365’s default protection is not enough: Its built-in email filters let threats through, making it necessary to acquire additional security for data and email communications.

To address this, Hornetsecurity has launched an industry-first service: 365 Total Protection Enterprise Backup, which covers all aspects of email and data security for Microsoft 365.

The holistic cloud security bundle offers a wide array of high-performance, award-winning email security and management features including:

  • Multi-level filter systems
  • AI-based analysis mechanisms for protection against spam, malware, and advanced threats
  • Email encryption and archiving
  • Email continuity, which effectively maintains email traffic during system failures
  • Easy-to-create, legally compliant signatures and disclaimers.

To top it all off, 365 Total Protection Enterprise Backup enables automatic backup and recovery of an organization’s Microsoft 365 mailboxes, Teams, SharePoint and OneDrive, as well as backing up the data in users’ Windows-based endpoints such as laptops or Windows workstations.

Robust backup and recovery functionality is essential for holistic Microsoft 365 security as data loss occurs not only due to ransomware and malware, but also due to user error – for example, KPMG accidentally but irretrievably deleted the Teams chats of 145,000 employees last year. It is often assumed that Microsoft creates extensive backups of all data, but this is not the case.

Like all Hornetsecurity services, 365 Total Protection Enterprise Backup takes just minutes to set up and is extremely easy to manage, thanks to the solution’s central Control Panel.

CEO & Founder - Daniel Hofmann
“With 365 Total Protection Enterprise Backup, we have created a comprehensive cloud security bundle that includes everything needed to protect email and data in Microsoft 365. The solution not only provides our customers with holistic security, but also greatly reduces the workload for IT administrators, as all features can be controlled and managed centrally from an intuitive interface. We want to save our customers from having to find their way through a jungle full of security tools and show how simple and reliable email and data security can be,” said Daniel Hofmann, CEO of Hornetsecurity.

About Hornetsecurity Group

Hornetsecurity is the leading security and backup solution provider for Microsoft 365. Its flagship product is the most extensive cloud security solution for Microsoft 365 on the market, providing robust, comprehensive, award-winning protection: Spam and virus filtering, protection against phishing and ransomware, legally compliant archiving and encryption, advanced threat protection, email continuity, signatures and disclaimers. It’s an all-in-one security package that even includes backup and recovery for all data in Microsoft 365 and users‘ endpoints. Hornetsecurity Inc. is based in Washington D.C.

Free email security monitoring for the first 10,000 Microsoft 365 admins who register for powerful new app

Free email security monitoring for the first 10,000 Microsoft 365 admins who register for powerful new app

365 Threat Monitor detects breaches like ransomware, issues real-time alerts, and permits instant threat deletion

Pittsburgh, PN, USA, 22 July 2021365 Threat Monitor is a new mobile app for systems administrators to detect and delete any threats that breach their Microsoft 365 environment. It monitors a company’s Microsoft 365 mailboxes and identifies malicious emails the instant they reach an inbox. It immediately sends a phone alert in real time so the administrator can instantly delete it with just one click, and prevent any damage – even remotely.

The first 10,000 M365 IT administrators who sign up for the app will benefit from use of the app for free forever.

Prevents M365 users from unleashing a security catastrophe

Developed by Hornetsecurity, 365 Threat Monitor detects all kinds of suspicious and malicious emails that have made it to users’ inboxes, such as ransomware, viruses, spyware, phishing attacks, spoofed sender identities and content, spam, and targeted attacks on specific data – like credit card data, invoices, etc. – and users like Accounting, CFO, CEO, HR, etc. This is important, as one click on an email threat by a distracted or naive user could wreak havoc on an organization.

Encouraging systems administrators to boost their M365 security – for free

Hornetsecurity developed this app to address an issue faced by many organizations using Microsoft 365, that mistakenly believe Microsoft provides adequate protection against email threats such as ransomware, phishing and spam. This is not the case, however: email threats often slip through and enter users’ inboxes, able to cause extensive damage. Using this new app, system administrators can now see how often this happens and instantly delete threats that breach their system with just one click on their phone.

“We are passionate about email security and it is our mission to enhance awareness about email threats and how to combat them. That’s why we released this app today. We are also making it free forever for the first 10,000 Microsoft 365 admins who sign up for it,” said Daniel Hofmann, Hornetsecurity CEO.

Powerful proprietary technologies to detect and delete email threats

“Surveys show that 52% of Microsoft 365 users believe it is safe enough. This is not the case, so we want to show admins the extent of the problem, while providing them with a solution. 365 Threat Monitor shows administrators which threats bypassed Microsoft protection and what damage could occur without an adequate security layer,” Mr. Hofmann explained.

To provide admins with utmost reliability, 365 Threat Monitor combines Hornetsecurity’s powerful, proprietary technologies to plug security gaps. These include Email Live Tracking, Threat Defense and Forensic Analyses, which detect attacks through real-time scanning for harmful content, heuristic filtering, and authenticity and integrity verification.

Speedy install and instant security status insights

Its security dashboard gives admins an at-a-glance overview of their current M365 security status and provides reports such as top email threats faced by their organization and the most targeted inboxes.

Additionally, it only takes a few seconds for admins to boost their M365 security across all their users: They simply need to download the app, enter their M365 admin email address, and connect with Microsoft.

How to get the app

Microsoft 365 administrators can download 365 Threat Monitor app from Android and iOS app stores. The first 10,000 M365 admins who register for it will benefit from a forever-free version.

About Hornetsecurity

Hornetsecurity is email cloud security and backup provider, which protects the IT infrastructure, digital communication and data of companies and organizations of all sizes. The security specialist provides its services worldwide via 11 redundant, secured data centers. Its product portfolio covers all important areas of email security, including spam and virus filters, legally compliant archiving and encryption, defense against CEO fraud and protection against ransomware; as well as backup and recovery.

Media enquiries: marketing@hornetsecurity.com

Hornetsecurity launches comprehensive backup and recovery solution for Microsoft 365

Hornetsecurity launches comprehensive backup and recovery solution for Microsoft 365

Hanover, (8 July, 2021) – For millions of business customers, Microsoft 365 is a fundamental communications platform through which sensitive files and data are exchanged. However, Microsoft is a communicatiiosn paltform not a data protection solution so if system failures or cyberattacks result in the loss of important company information, Microsoft does not offer native options for backing up and restoring these. Leading email cloud security provider Hornetsecurity is addressing this issue through 365 Total Backup , a new comprehensive backup and recovery solution for Microsoft 365 mailboxes, Teams, OneDrive for Business accounts, SharePoint document libraries and even Windows endpoints.

Automatic backup and recovery of all Microsoft 365 data, easy configuration and multi-tenant management: these and other benefits characterize the latest security solution from Hornetsecurity. The service is set up within minutes. Customers can manage and monitor all backup and recovery activities for all their comapny‘s Microsoft 365 data via a user-friendly backup dashboard. Backups are fully automated and can be performed several times a day.

“Businesses’ awareness of the potential impact of successful cyberattacks on their operations is increasing – and so is the demand for powerful and reliable data loss prevention solutions in the Microsoft 365 environment,” says Daniel Hofmann, CEO of Hornetsecurity.  “However, many people do not realise that Microsoft itself does not provide sufficient security mechanisms. For example, KPMG accidentally deleted the Teams chats of 145,000 employees last year. For our partners, 365 Total Backup is therefore a key component in being able to secure their customers’ data in the Microsoft cloud in accordance with applicable IT guidelines.”

365 Total Backup can be combined with the security and compliance management service, 365 Total Protection, to form the comprehensive cloud security bundle, 365 Total Protection Enterprise Backup, which enables Microsoft 365 users to protect their email communication, be compliant, and keep important and sensitive data safe at all times.

For more information about365 Total Backup, visit https://www.hornetsecurity.com/en/services/365-total-backup/.

 

About Hornetsecurity Group

Hornetsecurity is a leading email cloud security and backup provider, which secures companies and organizations of all sizes across the world. Its award-winning product portfolio covers all important areas of email security, including spam and virus filtering, protection against phishing and ransomware, legally compliant archiving and encryption — as well as email, endpoint and virtual machine backup, replication, and recovery. Its flagship product is the most extensive cloud security solution for Microsoft 365 on the market.  With more than 350 employees in 10 regional offices, Hornetsecurity is headquartered in Hanover, Germany and operates through its international network of 5,000+ channel partners and MSPs and its 11 redundant, secured data centers. Its premium services are used by 50,000+ customers including Swisscom, Telefónica, KONICA MINOLTA, LVM Versicherung, DEKRA and CLAAS.

Hornetsecurity acquires Zerospam, Canadian email security leader

Hornetsecurity acquires Zerospam, Canadian email security leader

Extends its reach in the North American market

Pittsburgh, PA, USA, 25 March, 2021 – Hornetsecurity, leading cloud email security provider, has announced its second acquisition this year. Hot on the heels of its acquisition of Altaro – worldwide backup solution provider – in January, it has now acquired Zerospam, cloud email protection specialists headquartered in Montreal, Canada. Zerospam is a fast-growing and profitable business that serves more than 4,000 small, midsized and enterprise customers worldwide via an ecosystem of 400+ partners focused primarily on Canada and the US. It is a recognized leader in providing cloud-based email security solutions to the SMB market across North America, helping organizations to secure their #1 communication asset and combat cybercriminals.

Providing customers and partners with the best, safest solutions

“Zerospam has made a name for itself by living its core values, whereby we ‘always stay calm’, ‘dig deeper’, ‘collaborate’ and ‘continuously improve’. This has helped us provide the best, safest solution for our partners and clients, coupled with elite customer service,” said David Poellhuber, Zerospam CEO and Founder. “Becoming part of the Hornetsecurity group is a wonderful progression for Zerospam, which will greatly benefit our customers and partners as well as our entire team. They will now be able to benefit from high-powered, enterprise-class functionality based on Hornetsecurity’s years of expertise in this field, Microsoft 365 integration, and much more.”
Daniel Hofmann, CEO of Hornetsecurity
“We are on a journey to provide all organizations with a comprehensive security and compliance solution for their use of cloud technologies,” said Daniel Hofmann, CEO of Hornetsecurity. “We warmly welcome David Poellhuber and the Zerospam team to the Hornetsecurity Group and are keen to integrate all team members into the Hornetsecurity family. We shall be investing heavily in the Zerospam partner community and providing them with an expanded range of new products so that they can boost their customers’ security and compliance beyond their current offerings.”

Strategic step to expand Hornetsecurity’s North American reach

Daniel Blank, COO at Hornetsecurity added: “Our acquisition of Zerospam falls in line with Hornetsecurity’s goal to become the #1 security, compliance and backup provider, and will help the company achieve its aggressive plans in its strongest growth market, North America and Canada. We are dedicating additional investment into these regions and are excited to shape the next chapter of our successful journey together with our new colleagues at Zerospam.”
Daniel Blank, COO of Hornetsecurity

About Hornetsecurity

Hornetsecurity is a leading email cloud security and backup provider, which protects the IT infrastructure, digital communication and data of companies and organizations of all sizes. The security specialist provides its services worldwide via 9 redundant, secured data centers. Its product portfolio covers all important areas of email security, including spam and virus filters, legally compliant archiving and encryption, defense against CEO fraud and protection against ransomware; as well as backup and recovery. With more than 300 employees, Hornetsecurity operates in more than 30 countries through its international channel partner network. Its premium services are used by approximately 40,000 customers including Swisscom, Telefónica, KONICA MINOLTA, LVM Versicherung, DEKRA and CLAAS.

On its way becoming a fully comprehensive security provider for Microsoft 365

On its way becoming a fully comprehensive security provider for Microsoft 365

It’s becoming a tradition: Hornetsecurity is off to a flying start in the new year, announcing another successfully completed acquisition. With this announcement, Hornetsecurity takes over 100% of the shares of Altaro, the fast-growing international provider of backup solutions.

After acquiring Spamina, the Spanish market leader for cloud email security solutions in January 2019 and EveryCloud, the British market partner, at the beginning of 2020; Hornetsecurity is now delivering a new product segment that complements its services—reliable backup solutions.

This makes Hornetsecurity the European solution to security and compliance issues in the Microsoft 365 environment.

Altaro management remains on board

All Altaro founders remain on board and are being given new roles within the Hornetsecurity Group. The existing international locations will be expanded in the coming years to provide our partners with new products and solutions even faster,” emphasizes Daniel Hofmann, CEO of Hornetsecurity.

Daniel Hofmann, CEO of Hornetsecurity

Our goal is to provide all organisations with a complete security and compliance solution for their use of cloud technologies. By integrating Altaro’s backup solutions into Hornetsecurity’s email cloud security product portfolio, we complete the comprehensive security package puzzle.”

David Vella, CEO of Altaro, added: “We have found exactly the right strategic buyer in Hornetsecurity and are delighted to become part of the group. The synergies between the two companies are obvious, and with the combination of know-how and experience as well as the innovative combination of products, Hornetsecurity’s European market leadership in cloud security reaches a new level.

MSP’s and IT outsourcers are rapidly expanding their cloud architectures and services. With the acquisition of Altaro, we are not only expanding our security services for M365, but also responding to our channel’s growing need for Hyper-V and VMware backup solutions,” explains Daniel Blank, COO of Hornetsecurity.

Daniel Blank, COO of Hornetsecurity

Altaro’s 100% commitment to the channel, partners clear respect of their technical support along with the excellent quality of the product, were key factors in our decision.

Our international channel marketing will be comprehensively strengthened with the acquisition and experienced employees will also come on board in channel sales. Together, we will strengthen and expand our partner networks, which will further boost growth of the entire Hornetsecurity Group.

About Altaro

Altaro is a high-growth developer of reliable backup solutions for managed service providers (MSPs), IT resellers and enterprises. The company has over 50,000 customers in 121 countries around the world, 10,000 partners and over 2,000 MSPs. Altaro offers cost-effective and professional features without unnecessary aspects that add costs or excessive complexity. The flagship product is the backup solution for virtualized environments Altaro VM Backup. It is becoming increasingly popular and is the first choice for Hyper-V and VMware backups and replications. Altaro Office 365 Backup is a subscription solution for backing up and restoring Office 365 mailboxes. Both products are also available as monthly subscription programs for MSPs. A backup solution for physical Windows servers is also available. Altaro has offices in the U.S., U.K., Germany, France, northern Macedonia and Malta.

For further information visit altaro.com