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Comcast Business Research Shows Cybersecurity Remains a Persistent and Complex Issue for SMBs | Company

PHILADELPHIA–(BUSINESS WIRE)–October 20, 2022–

Comcast Business today released its first annual Comcast Business Small Business Cybersecurity Report providing a window into the cybersecurity threats that small and medium business (SMB) customers face daily. The report found that up to 65% of Comcast Business SecurityEdge™ customers experienced blocked attacks from July 2021 to June 2022, of which up to 55% experienced a botnet attack and nearly 50% experienced attacks malware and phishing.

The report – which analyzed anonymous threat data collected from Comcast Business SecurityEdge as well as security intelligence from its partner Akamai – found that malware, botnets and phishing attacks are among the top internet threats. common ones SMEs have faced over the past year. From July 2021 to June 2022, Comcast Business SecurityEdge helped protect SMBs from more than 70 million instances of malicious bot activity; 30 million phishing attempts; and 21 million attempts to access malicious websites in a single day.

“Attackers aren’t just targeting large corporations. Recent reports show that businesses with less than 100 employees are three times more likely to be the target of a cyberattack – yet they often lack sufficient cybersecurity measures and resources to manage their risk,” said Shena Seneca Tharnish, Vice President, Cybersecurity Products, Comcast Business. “Fortunately, through education and the implementation of tools such as anti-virus programs, firewalls and network security solutions, SMBs can help protect their employees and customers from the constant range evolving cybersecurity threats.”

The Comcast Business Small Business Cybersecurity Report 2022 also found that:

  • The bots were busy: Distributed Denial of Service (DDoS) botnet attacks target critical computing resources and websites to shut them down or disrupt service. Akamai researchers have discovered and blocked large-scale botnets that use new features to hide malicious activities such as phishing, web proxying, distributing malware, and selling stolen IDs and card numbers pirated credits.
  • Financial and tech brands were most targeted by phishing scams: Internet traffic shows that these industries were the most targeted, at 41% and 36%, respectively. A wide range of phishing campaigns enabling ransomware, offering fake prices, demanding unnecessary payments, stealing credentials and more have been identified and blocked.
  • There was a myriad of malicious activity: Hackers have a myriad of tricks to load malware from websites. Malware activity blocked by Comcast Business SecurityEdge was highly variable and diverse, including attempts to steal and secretly mine cryptocurrency, harvest private information from computers, and further spread malware.

The cost of cyberattacks can be high for small businesses. Comcast Business SecurityEdge can help businesses stay connected and protected by working seamlessly behind the scenes to block threats like malware, ransomware, phishing, and botnet attacks on all connected devices. It helps keep employee and guest devices safe while connected to the network, while automatically scanning and refreshing every 10 minutes to identify new risks.

“Cybercriminals are always looking for ways to target and disrupt businesses. Unfortunately, small and medium-sized businesses are particularly vulnerable because they may lack the security resources and expertise to combat these threats,” said Jonathan Morgan, vice president of network security product management at Akamai. “Comcast has led the way with its innovative SecurityEdge service that makes it easy for SMBs to get basic, easy-to-use protections. We are proud to be their partner with our secure Internet access services that protect businesses of all sizes and families, anywhere in the world.

“My small business doesn’t have the luxury of having a dedicated IT department. With Comcast Business SecurityEdge, I can rely on Comcast Business to protect my network and connected devices,” said James Rice, CEO of Fiction Tribe. “In return, I can spend time growing my business without worrying about online threats.”

For more information about Comcast Business SecurityEdge, please visit: https://business.comcast.com/learn/internet/security-edge

About Comcast Business

Comcast Business offers a suite of connectivity, communications, networking, cybersecurity, wireless and managed solutions to help organizations of all sizes prepare for the future. Powered by the nation’s largest Gig broadband network and backed by 24/7 customer support, Comcast Business is the nation’s largest cable provider for small and medium businesses and one of the leading providers of services in the business market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest growing Ethernet service providers.

For more information, call 866-429-3085. Follow @ComcastBusiness on Twitter and other social networks at http://business.comcast.com/social.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people in the moments that matter. We are primarily focused on broadband, aggregation and streaming with 57 million customer relationships in the US and Europe. We provide broadband, wireless and video through our Xfinity, Comcast Business and Sky brands; create, distribute and broadcast premier entertainment, sports and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News and Sky Sports; and deliver memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information.

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CONTACT: Media contacts:

Matt Helmke, Corporate Communications

Comcast Company

215.286.8666

[email protected]

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SOURCE: Comcast Company

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PUBLISHED: 10/20/2022 10:00 AM/DISC: 10/20/2022 10:03 AM

http://www.businesswire.com/news/home/20221020005024/en