Sophos Iberia grows 20% in turnover
is the headline of the news that the author of WTM News has collected this article. Stay tuned to WTM News to stay up to date with the latest news on this topic. We ask you to follow us on social networks.
The annual results in the Sophos Iberia region, after the end of its fiscal year on March 31, 2022, have registered a growth of 20% year-on-year. 80% of the business in Spain and Portugal comes from state-of-the-art technologies.
In addition, the company continues to promote its growth in the region, reaching a workforce of 40 employees and a clear commitment to 24×7 assistance and support in Spanish for its clients.
“With our advanced solutions and services, including our MTR offering, which manage and/or augment a company’s threat hunting and response capabilities, Sophos can deliver the same level of protection and security for all organizations.”, explains Ricardo Maté, regional vice president of Sophos for Southern Europe.
Sophos Cyber Security
According to the study “The Active Adversary Playbook 2022” prepared by Sophos, 47% of cyberattacks on companies start with a software vulnerability. In this study, Sophos analyzes, based on real cases, how cybercriminals act when they attack a company.
Sophos Iberia closes its fiscal year with a year-on-year growth of 20% in turnover
Among its conclusions, it highlights how cybercrime is becoming professionalized and specialized in terms of the functions that each group of cyberattackers performs. On the one hand, the company has detected a significant increase in Initial Access Brokers (IABs or initial access intermediaries, in Spanish), which carry out the most difficult part, accessing a company’s network and tracking it to see what is inside and what its value may be.
These agents then sell those accesses to the highest bidder, bringing into play the full range of cybercriminal groups carrying out the attack, from ransomware launches, data exfiltration, credential theft, etc.
This circumstance causes multiple adversaries, including IABs, ransomware gangs, or crypto miners, to target the same company simultaneously. Another result of this cybercriminal activity is that the average time attackers spend on a network has increased from 11 to 15 days.
