Hod Hasharon, Israel, Jan. 11, 2022 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers (CSPs) and enterprises, today announced the release of their Allot H2 2021 Cyber Threat Report – European Edition.
The report found that during the second half of 2021 Allot NetworkSecure blocked a total of 2.97 Billion cyber threats for consumers who subscribe to cybersecurity services based on Allot solutions that are provided by European CSPs. That represents an increase of more than 500% over the same period in the first half of 2021. The two types of threats that were most blocked were Flubot C&C URLs and omnatuor.com, a very aggressive adware infection.
In addition, the report found a number of trends unfold in H2 2021:
- Although viruses, trojans and other malware were blocked, 74% of all blocks were adware, making it the primary threat to consumers.
- In September alone, there was an increase of 200% of total blocks due to the spread of omnatuor.com, which first appeared in the second half of 2021.
- Flubot is still active, with 421,905,856 threats blocked during H2 2021. Flubot has been very profitable for the cybercriminals who employ it to steal personal and financial data.
- Cybercriminals used Black Friday, Christmas, and the lottery as bait to trick their victims. Allot NetworkSecure blocked millions of attempted phishing attacks during the reporting period.
“Adware is not just a nuisance. It can spawn spyware, phishing attacks or other malicious threats. The fast spread of omnatuor.com is proof that cybercriminals are constantly finding new ways to victimize people,” said Vered Zur, Vice President of Marketing for Allot. “Fortunately, Allot was able to protect people billions of times through the solutions implemented by CSPs.”
The full Allot H2 2021 Cyber Threat Report is available on the Allot website.
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About Allot
Allot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading innovative network intelligence and security solutions for service providers and enterprises worldwide, enhancing value to their customers. Our solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more. Allot’s multi-service platforms are deployed by over 500 mobile, fixed and cloud service providers and over 1000 enterprises. Our industry-leading network-based security as a service solution has achieved over 50% penetration with some service providers and is already used by over 20 million subscribers Globally.
Allot. See. Control. Secure.
Forward-Looking Statement
This release contains forward-looking statements, which express the current beliefs and expectations of company management. Such statements involve a number of known and unknown risks and uncertainties that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: acceptance of our products by our reseller and customer in EMEA, our ability to compete successfully with other companies offering competing technologies; the loss of one or more significant customers; consolidation of, and strategic alliances by, our competitors, government regulation; lower demand for key value-added services; our ability to keep pace with advances in technology and to add new features and value-added services; managing lengthy sales cycles; operational risks associated with large projects; our dependence on third-party channel partners for a material portion of our revenues; and other factors discussed under the heading "Risk Factors" in the Company's annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
