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REPORT

The SpyCloud Malware Readiness and Defense Report

The Survey: 300+ IT security leaders and practitioners from US & UK enterprises share insights on the threat of infostealer malware to their business, existing incident response protocols, and gaps in Post-Infection Remediation. Are they doing enough to negate opportunities for follow-on attacks – like ransomware? This report covers:
Report featured image 2023 PIR report

Top Threats to Organizations

Working together to produce harmful outcomes for your business

Email is still the #1 delivery method for malware. Once a device is infected, authentication details and corporate data is exfiltrated – both of which aid criminals in executing more complex attacks including ransomware. Or they may sell that initial access to other threat actors to do so.
Icon Desktop Ransomware
Ransomware
Icon Phishing
Phishing
Icon Malware
Infostealer Malware

Overlooked Entry Points LEAVING ENTERPRISES EXPOSED

57%

allow employees to sync browser data between personal and corporate devices

54%

struggle with shadow IT due to employee adoption of applications and systems without IT’s consent

36%

allow unmanaged personal devices to access business applications and systems

Gaps in Malware Infection Response

Taking action on the exact access and data stolen by attackers can shorten the time the business is at risk of additional infiltration and disrupt cybercriminals’ ability to launch follow-on attacks – plus lessen the burden of malware-infection response on cross-team resources. However, many organizations struggle in this area:
27%

don’t routinely review their application logs for signs of compromise

36%

don’t reset passwords for potentially exposed applications

39%

don’t terminate session cookies at the sign of exposure

Survey Says

Almost all of our survey respondents agreed that gaining a clear picture of business applications exposed by infostealer infections would significantly improve their security posture. 

However, organizations ranked the ability to identify what third-party business applications have had credentials exfiltrated by an infostealer last in their malware detection and response capabilities.

Post-Infection Remediation can help close this gap in malware infection response, illuminating the exact authentication details criminals have in hand and are using to target the business so appropriate action can be taken.

2023 SpyCloud PIR Report Figure 6

Download this year’s report to see:

Trusted by market leaders

With 500+ customers around the world, including more than half of the Fortune 10, SpyCloud is the leader in operationalizing Cybercrime Analytics to protect businesses.

We’re on a mission to make the internet a safer place by disrupting the criminal underground. Together with our customers, we aim to stop criminals from profiting off stolen data.

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The 2024 Malware & Ransomware Defense Report is here. Read it now

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