65% of social engineering attacks compromised employee credentials
Social engineering is having a notable impact on organizations across a range of industrial sectors in the US. In fact, 60 percent of surveyed security leaders say their organizations were or may have been victim of at least one targeted social engineering attack in the past year, and 65 percent of those who were attacked…
McAfee Labs predicts 14 security developments for 2017
Intel Security released its McAfee Labs 2017 Threats Predictions Report, which identifies 14 threat trends to watch in 2017. “To change the rules of the game between attackers and defenders, we need to neutralize our adversaries’ greatest advantages,” said Vincent Weafer, vice president of Intel Security’s McAfee Labs. “As a new defensive technique is developed,…
How security collaboration will prove vital in 2017
The escalation of high-profile hacking and data dumps recently has underscored the increasing boldness of digital threat actors, culminating in July’s Democratic National Committee email leak and its ripple effect through American politics. The group behind the hack and its attack patterns were known, and yet the attack was not thwarted, leaving many questions as…
Ransomware success creates apathy towards traditional antivirus software
In the last 12 months, 48 percent of organizations across the globe have fallen victim to a ransomware campaign, with 80 percent indicating that they’ve suffered from three or more attacks, according to a global survey conducted by Vanson Bourne. In response to ransomware attacks, 67 percent of businesses globally have increased IT security spending,…
Cyber risk in advanced manufacturing: How to be secure and resilient
Nearly half of surveyed manufacturing executives lack confidence their assets are protected from external threats, according to a new study from Deloitte and the Manufacturers Alliance for Productivity and Innovation (MAPI). Study results indicate nearly 40 percent of surveyed manufacturing companies were affected by cyber incidents in the past 12 months, and 38 percent of…
Key causes of network outages and vulnerabilities
A new global study, conducted by Dimensional Research, surveyed 315 network professionals about their experiences with network outages, vulnerabilities and compliance. Among the report’s findings, there is almost universal agreement that human factors lead to network outages, and in many cases these outages are quite frequent.
The cybersecurity gap between IT capabilities and business expectations
Deloitte has uncovered a shift in business priorities from “business performance” to “customers,” with 57 percent of chief information officers choosing “customers” as their top priority, compared to only 45 percent last year. “Customer” remained the top priority for eight of the 10 industries represented in the survey. Only 45 percent of CIOs stated their…
Overconfidence is putting organizations at higher risk for attacks
In the past twelve months, roughly one in three targeted attacks resulted in an actual security breach, which equates to two to three effective attacks per month for the average company, according to Accenture. Still, a majority of security executives (75 percent) surveyed are confident in their ability to protect their enterprises from cyberattacks. Accenture…
Nearly half of consumers have been cybercrime victims
45% of consumers have been a victim of some form of cybercrime — with 65% choosing not to report the incident to authorities. Research also found that one in six of these consumers have lost funds due to online fraud, with 20% losing in excess of $1,298. Conducted by Opinium, the research surveyed 3,457 consumers…
Why you need to develop an immersive security strategy
Security solutions today are inadequate in part because they do not provide a truly effective experience for consuming security data and analyzing and responding to threats. In this evolving threat landscape, businesses will need to utilize intuitiveness and situational awareness to enable security professionals to really “experience” the data and become more efficient and strategic….