Articles from Sophos Inc.

Despite Government Disruption, LockBit Dominated Incident Response Cases in First Half of 2024

100% of Sophos XDR detections for adversary activities targeting Windows and Linux devices provide rich analytic coverage and achieve the highest possible ratings

“After we successfully responded to the initial attacks, the adversaries escalated their efforts and brought in more experienced operators. We uncovered a vast adversarial ecosystem.” - Sophos

Two Executive Hires Further Accelerate Sales of Sophos’ Cybersecurity Services and Product Portfolio

News Summary

Nine New Sophos XGS Firewall Appliances Feature Boosted Performance with Reduced Energy Consumption

Nearly 80% of Organizations Hit by Ransomware Took More than a Week to Recover

Positioned as a Leader for the 15th Consecutive Time, Highlighting Sophos’ Continuous Innovation

Education Sector’s Ransomware Recovery Costs Skyrocket, Despite Fewer Attacks Overall

Nation-State Groups Pivot to Open-Source Tooling

Sophos Customer Success Enables Customers to Maximize the Value of Sophos Solutions, Delivering Overall Greater Cybersecurity Protection

OXFORD, United Kingdom, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Sophos, a global leader of innovative security solutions for defeating cyberattacks, today released a new dark web report, “Turning the Screws: The Pressure Tactics of Ransomware Gangs,” which details how cybercriminals are weaponizing stolen data to increase pressure on targets who refuse to pay. This includes sharing the contact details or doxing the family members of targeted CEOs and business owners, as well as threatening to report any information about illegal business activities uncovered in stolen data to the authorities.

OXFORD, United Kingdom, July 22, 2024 (GLOBE NEWSWIRE) -- Sophos, a global leader of innovative security solutions for defeating cyberattacks, today announced that Teresa Anania has joined the company as Chief Customer Officer (CCO). Anania will play a key role in accelerating Sophos’ customer and partner success initiatives to maximize value of Sophos’ portfolio of cybersecurity solutions and services, including Managed Detection and Response (MDR) services and endpoint, network, email, and cloud security.

49% of Ransomware Attacks Against These 2 Critical Infrastructure Sectors Started with an Exploited Vulnerability

Sophos scored a 4.8/5.0 Rating for Both Categories and Rated as a Customers’ Choice for all Available Segments Within the Reports

Recovery Costs from Cyberattacks Outpace Insurance Coverage

Sophos X-Ops Finds Links Between Five Well-Known Chinese Threat Groups, Including APT41 and BackdoorDiplomacy

OXFORD, United Kingdom, May 29, 2024 (GLOBE NEWSWIRE) -- Sophos, a global leader of innovative security solutions that defeat cyberattacks, today released its inaugural “MSP Perspectives 2024” survey report, which found that the biggest day-to-day challenge facing Managed Service Providers (MSP) is keeping up with the latest cybersecurity solutions/technologies, cited by 39% of the MSPs surveyed. Alongside this, MSPs indicated that hiring new cybersecurity analysts to keep up with customer growth and keep pace with the latest cyberthreats were also top challenges.

Jim Dildine Named as Sophos’ New CFO

OXFORD, United Kingdom, May 07, 2024 (GLOBE NEWSWIRE) -- 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.

Recognition Follows IDC MarketScape Naming Sophos a Leader in Worldwide Modern Endpoint Security for Midsize Businesses and Worldwide Modern Endpoint Security for Small Businesses 2024 Vendor Assessments

Rate of Ransomware Attacks Falls Slightly, But Recovery Costs Hit $2.73 million

New Junk Gun Ransomware Disrupts Ransomware-as-a-Service Racket

Sophos Endpoint Recognized for Enabling MSPs to Effectively Defend Customers Against Today’s Complex Cyberattacks

New Fully Managed Solution Provides Visibility, Risk Monitoring, Prioritization, Investigation, and Proactive Notification to Prevent Cyberattacks

Level of RDP Abuse Unprecedented Since Launch of Report in 2020

Recognition Follows IDC MarketScape Naming Sophos a Leader in Modern Endpoint Security for Midsized Businesses Worldwide

Data and Credential Theft Malware are Top Two Threats Against SMBs in 2023, Accounting for Nearly 50% of All Malware Sophos Detected Targeting this Market Segment

Partner Care Delivers 24x7 Administrative and Operational Support to Boost Channel Partner Profitability

OXFORD, United Kingdom, Feb. 07, 2024 (GLOBE NEWSWIRE) -- 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.

Honored for Outstanding Channel Contributions and Supporting Solution Provider Success

After a Two-Year Investigation, Sophos X-Ops Discovers Unprecedented Sophistication in Scams That Trick Victims into Fake Investments

OXFORD, United Kingdom, Jan. 12, 2024 (GLOBE NEWSWIRE) -- 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.

Attackers Increase Their Use of Remote Ransomware 62% Annually, Based on Attacks Detected and Stopped by Sophos CryptoGuard Technology

Sophos MDR, XDR, EDR, Endpoint Protection, and Firewall All Rank a Leader4 Reports in Row; Sophos is the Only Vendor Named a Leader in These 5 Key Cybersecurity Categories

OXFORD, United Kingdom, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced that Sophos Managed Detection and Response (MDR) has been named product of the year by CRN®, a brand of The Channel Company. As the most widely used MDR offering with more than 19,000 customers, Sophos MDR is recognized as the leading MDR offering for “revenue and profit.”

At the Moment, Adversaries are Skeptical of AI for Cybercrime, According to Sophos Research

38% of “Fast” Ransomware Attacks in Report Occurred within 5 Days of Initial Access

New Sophos Report Exposes How Attackers are Executing Ransomware in Hours

Only 26% of Surveyed Organizations Stopped Cybercriminals from Encrypting Their Data in a Ransomware Attack

Only 24% of Healthcare Organizations Were Able to Disrupt a Ransomware Attack Before Attackers Encrypted Their Data

Partnership Provides Access to Sophos’ Industry-Leading Endpoint Security, Creating New Opportunities for Students and Organizations Across the State

OXFORD, United Kingdom, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced its strong results in the MITRE Engenuity ATT&CK® Evaluations. Sophos Intercept X with XDR detected 99% of the adversary behaviors in the evaluation, reporting 141 out of 143 adversary attack steps.

Sophos Details the Story of One Scammed Victim in the Trading Pool Who Lost $22,000 in One Week

Only Vendor Recognized as Customers’ Choice Across EPP, Managed Detection and Response (MDR), Network Firewalls, and Mobile Threat Defense

Sophos Ranks Highest in 26 Reports and Earns 114 Award Badgesas the Only Leader Across MDR, XDR, EDR, Endpoint Protection, and Firewall

OXFORD, United Kingdom, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced the Sophos AP6 Series to support the shift to hybrid environments with a new generation of remotely managed Wi-Fi 6 access points. The new offering adds another component to Sophos’ secure access portfolio, which includes Sophos Firewall and Sophos Switch.

Criminal Community-Sponsored Contests Mirror Cybercrime Trends, Such as Disabling AV/EDR, Cryptocurrency Fraud, and C2 Frameworks

Sophos Retainer Cuts Red-Tape, Allowing Sophos Incident Responders to Quickly Investigate and Remediate Active Attacks

It Takes Less Than a Day for Attackers to Reach Active Directory—Companies' Most Critical Asset

Solution Providers Vote Sophos Industry-Best Across Five Categories, Including Extended Detection and Response (XDR) and Data, Network and Cloud Security

LAS VEGAS, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced that Sophos X-Ops will lead three presentations at Black Hat and DEF CON, taking place this week in Las Vegas. Speaker presentations from Sophos Managed Detection and Response (MDR) security operations experts, threat researchers, data scientists, and more will share unique insights into threat intelligence and unveil research findings – including new ways in which adversaries are leveraging AI to carry out attacks. Speakers will also address how organizations can sharpen their defenses to stay protected.

Recent Attacks Suggest the Three Ransomware Groups Are Sharing Playbooks or Affiliates

More Than 250 Customers Rated Sophos MDR, Making Sophos the Most Reviewed Vendor in the Report

Scammers Also Snuck 7 New Fake Apps Into the Apple and Google Play Stores

While the Sector Reports One of the Highest Rates of Ransom Payments, Doing So Significantly Increased Recovery Costs and Time

Recognized Globally as Best-in-Class in the Next-Generation Firewall Industry for Superior Security, Innovative Capabilities, Scalability, and Ease of Use

Sophos Managed Detection and Response (MDR) Honored as Top MDR Security Offering

OXFORD, United Kingdom, July 12, 2023 (GLOBE NEWSWIRE) -- Sophos, a global leader in innovating and delivering cybersecurity as a service, today launched Sophos Managed Detection and Response (MDR) for Microsoft Defender, a fully-managed offering that provides the industry’s most robust threat response capabilities for organizations using Microsoft Security. Sophos MDR for Microsoft Defender adds a critical layer of 24/7 protection across the Microsoft Security suite of endpoint, SIEM, identity, cloud, and other solutions to safeguard against data breaches, ransomware and other active adversary cyberattacks.

First of its Kind Program Introduces Policies Structured to Benefit Organizations Mitigating Cyber Risk with Sophos MDR

This Is the Highest Rate of Encryption in Three Years

Only Vendor Named Customers’ Choice for Network Firewalls and Endpoint Protection Platforms Further Named the Only Customers’ Choice for Network Firewalls Public Sector, Gov’t and Edu Segments, Among Other Distinctions

These Apps—Known as Fleeceware—Take Advantage of App Store Policy Loopholes and Coercive Tactics to Overcharge Users for AI Assistants

Paying the Ransom Doubles Recovery Costs

Two Executives Further Honored on CRN’s Power 100 Elite List of Distinguished Leaders

OXFORD, United Kingdom, May 04, 2023 (GLOBE NEWSWIRE) -- Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced the appointment of Pat Sheridan as senior vice president of Americas sales.

New Research Exposes How the Quality of Cyber Defenses Directly Impacts Insurability, Premium Costs and Policy Terms

Sophos Adds Team of MDR Experts in Germany, Expanding Global Footprint of Security Operations Specialists

The Most Common Root Causes of Attacks Were Unpatched Vulnerabilities and Compromised Credentials, While Ransomware Continues to Be the Most Common “End Game”

OXFORD, United Kingdom, April 05, 2023 (GLOBE NEWSWIRE) -- Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced it is named the only Leader across the G2 Grid® Reports for Managed Detection and Response (MDR), Extended Detection and Response (XDR) Platforms, Endpoint Detection and Response (EDR), Endpoint Protection Suites, and Firewall Software in the G2 Spring 2023 Reports. These categories include the enterprise, mid-market and small business segments, and rankings are based on validated customer reviews.

OXFORD, United Kingdom, April 05, 2023 (GLOBE NEWSWIRE) -- Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced the promotion of Joe Levy to president of the Sophos Technology Group (STG). Sophos also appointed Bill Robbins president, Worldwide Field Operations.

Among These Challenges, 75% Struggle with Identifying the Root Causes Behind an Incident, Leaving Them Vulnerable to Further Malicious Activity

Partnership Helps Organizations Apply for Cyber Insurance and Assess Security Health for Insurability

The AI Model Can More Easily Filter Malicious Activity in XDR Telemetry, Improve Spam Filters, and Simplify the Analysis of Living Off the Land Binaries

Introduces Adaptive Active Adversary Protection, Linux Malware Protection Enhancements, Account Health Check Capabilities, Integrated ZTNA Agent, and More