Press Release

Cylance® Global Research Finds 46 Percent of Organizations Suffered Ransomware Attacks and 70 Percent Have Used or Evaluated Machine Learning for Security in Last 12 months

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Cynthia Siemens

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Cylance Inc.

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Ninety percent of respondents concerned with threat posed by cybercriminals; Nearly fifty percent name unknown malware as the top risk to endpoints

IRVINE, CALIFORNIA, October 25, 2017 - Cylance® Inc., the company that revolutionized the antivirus industry with AI-powered prevention that blocks everyday malware along with today’s most advanced cyberthreats, today published “Top-of-mind Threats and Their Impact on Endpoint Security Decisions,” a new report that examines the top threats impacting endpoint security, and the role artificial intelligence is playing in corporate cybersecurity strategies. Cylance commissioned Enterprise Strategy Group to survey 300 IT and information security professionals from large midmarket and enterprise-class organizations across the United States, Japan, United Kingdom, France, and Germany.

The report outlines how both old and new attack forms are top-of-mind for security teams, and show the majority of businesses across the globe are either currently or planning to incorporate machine learning in their endpoint defenses. Key findings from the report include:

  • Machine learning is a leading strategy for endpoint security: Forty-seven percent of respondents have deployed machine learning for endpoint security, with 23 percent currently testing the technology. Thirty-two percent said machine learning is detecting new and unknown malware that evades other endpoint security solutions and 25 percent are deploying the technology to increase productivity.
  • Ransomware remains top concern: Nearly half (46 percent) of organizations experienced a ransomware attack in the previous twelve months, impacting more than five percent of their endpoints in most cases (56 percent). Of those, 60 percent experience a recurrence of the same ransomware, but only 12 percent paid the ransom.
  • Known malware is a problem, but unknown strains are an even bigger concern: Thirty-five percent of respondents indicated that known malware was the most common threat faced in the past two years. Twenty-nine percent ranked unknown malware as the top attack form, with 44 percent naming it as the greatest risk to their organizations’ endpoints.
  • Cybercriminals top the list of bad actors: Ninety percent of responses are concerned or extremely concerned with the threat posed by cybercriminals, followed by nation-states (82 percent), hacktivists (79 percent) and insiders (78 percent).
  • Attacks on endpoints primarily impact productivity and operations: Thirty-two percent of respondents ranked interruptions to standard business operations as the top impact of compromised endpoints (32 percent), followed by impeding the productivity of knowledge workers (31 percent), and delays to other IT projects (28 percent).

“The threat landscape is constantly changing, but this research shows that just because an attack form is old, doesn’t mean it won’t remain effective,” said Doug Cahill, Senior Analyst at Enterprise Strategy Group. “There is one reason phishing attacks are of extreme concern to 47 percent of businesses: they work. While new threats and zero-days will continue to keep security teams up at night, it will be a mixture of the old and new attack forms that keep them busy.”

To download the full “Top-of-mind Threats and Their Impact on Endpoint Security Decisions” report, please visit this link.

About Cylance® Inc.

Cylance is the first company to apply artificial intelligence, algorithmic science and machine learning to cybersecurity to prevent the most advanced security threats in the world. Using a breakthrough predictive analysis process, CylancePROTECT quickly and accurately identifies what is benign and what is a threat, and prevents malicious code from ever executing on a targeted system. By coupling advanced machine learning and artificial intelligence with a unique understanding of an attacker’s mentality, Cylance provides technology and services that are truly predictive and preventive against the most advanced threats. For more information visit: www.cylance.com

Cylance and CylancePROTECT are registered trademarks or trademarks owned by Cylance Inc. in the United States and other jurisdictions and may not be used without prior written permission. All other trademarks are the property of their respective owners.