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OpenText Empowers Businesses to Better Understand Threat Intelligence and Strengthen Cyber Resiliency

OpenText, announces the 2022 BrightCloud Threat Report which outlines key data points and trends affecting small and large businesses worldwide, as well as individuals in the new hybrid, inter-connected world. This year’s report provides in-depth analysis, market insights, trend data, and predictions for what lies ahead as organizations move toward strengthening their cyber resiliency posture in the face of ever-increasing cyberattacks and cyber warfare.

Remote and hybrid work environments, along with rapidly shifting world affairs, continues to alter how we interact and presents new security challenges that opens lucrative avenues for bad actors. Last year, phishing attacks escalated across email, text, and other communications platforms and new high-risk malicious URLs were found hiding behind proxy avoidance and anonymizers. Alternatively, while browser-based cryptojacking may have practically disappeared, cryptomining malware shifted into mainstream as cybercriminals continue looking for ways to compromise data and personal information.

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“Businesses’ ability to prepare for and recover from threats will increase as they integrate cyber resilience into their technologies, processes, and people,” said Mark J. Barrenechea, OpenText CEO & CTO. “With security risks escalating worldwide and a persistent state of ‘unprecedented’ threats, compromises are inevitable. This year’s findings reiterate the need for organizations to deploy strong multi-layered security defenses to help them remain at the heart of cyber resilience and circumvent even the most creative cybercriminals.”

“Cyber resiliency is a top proactive priority for organizations worldwide,” said Craig Robinson, IDC Program Director, Security Services. “Better understanding the known threats will play a key role in building and maintaining a strong layered security approach.”

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