Cloud-based email threats capitalise on chaos of COVID-19 :

Cloud-based email threats capitalise on chaos of COVID-19
Trend Micro reports a rise of more than 30 per cent year-on-year
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In 2020, cloud security company, Trend Micro, blocked 16.7 million high-risk email threats that slipped past webmail providers’ native filters – an increase of nearly one-third on 2019 figures.
The new statistics are provided by Trend Micro’s Cloud App Security (CAS), an API-based solution that provides second-layer protection for Microsoft Exchange Online, Gmail, and a host of other services. Detections of malware, credential theft and phishing emails all recorded double-digit year-on-year increases in 2020, while BEC volumes dropped slightly.
Malware-laden emails: Trend Micro detected 1.1 million emails containing malware that would otherwise have appeared in users’ inboxes, up 16 per cent on 2019 figures. These included many Emotet and Trickbot attacks which are often the precursor to targeted ransomware.

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