Retailers overconfident in endpoint security
A new study conducted by Dimensional Research evaluated the confidence of IT professionals regarding the efficacy of seven key security controls, which must be in place to quickly detect a cyber attack in progress. Study respondents included 763 IT professionals from various industries, including 100 participants from the retail sector. Despite unique attacks on their…
Surveys: Security Pros Overwhelmed, Not Communicating, Threat Intel Data
Two new surveys released in the last week revealed troubling but telling trends in enterprise security: 70 percent of infosec professionals are overwhelmed by the volume and complexity of threat intelligence data, according to a report from security vendor Anomali and the Ponemon Institute; a separate survey from consultancy BDO USA found that only 27%…
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…
Integrating threat intelligence with existing security technologies
70 percent of security industry professionals believe threat intelligence is often too voluminous and/or complex to provide actionable insights. The Ponemon Institute study, based on 1,072 respondents in the United Kingdom and North America, also showed that organizations neglect to share essential threat data with board members and C-level executives, despite the fact that security…
What can we do about the critical cybersecurity skills shortage?
Tech-savvy youth could plug a widening skills gap as employers seek to combat the growing threat of cybercrime and avert mass disruption to public and private lives. But the industry is failing to provide a clear path for young people to find work, hone their skills, and serve society. Instead, they are being tempted to…
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…
Cybercrime not slowing down anytime soon
In Q3 2016, cybercriminals were increasingly more ingenious, using innovative technologies and new tools to spread their wares. This is confirmed by the 18 million new malware samples captured by PandaLabs in this quarter alone, an average of 200,000 each day. Measuring cybercrime is very complex. Cybersecurity professionals who combat these threats on a daily…
SMB security: The evolving role of SaaS and IT outsourcing
SMBs need to bridge the gap between smaller IT security budgets and a shortage of expertise to face the very real and growing threat of cyber attacks, according to Kaspersky Lab. Over half (54 percent) of SMBs believe that their IT security will be compromised at some point and that preparation is essential, with 40…
Hackers changing tactics, techniques and procedures
Organizations need to conduct better penetration testing to combat continual changes in hackers’ tactics, techniques and procedures (TTPs), according to NTT Security. “Our Q3 2016 report confirms that hackers are relentless and constantly employing new means to penetrate networks to steal confidential data,” said Rob Kraus, Director, Security Research and Strategy, NTT Security. “Organizations’ first…
How cybercriminals attack homes, and how to stop them
At a recent Home Hacker Lab event, an ethical hacker revealed how cybercriminals attack, and what consumers can do to protect themselves. The October 13 workshop in New York City, presented by HSB and Prescient Solutions, mounted a remote cyber-attack on an Internet-connected model home inside the American Modern Insurance Group claims training facility in…