It’s no surprise that spending on security technology continues to soar. Nevertheless, data breaches and cyber attacks make headlines at an incredible rate, with no relief in sight. The Online Trust Alliance reported that attacks in 2017 came from a myriad of vectors, such as phishing and ransomware, and that the number of attacks doubled to nearly 160,000 incidents per year over 2016. What’s worse, estimates for the number of unreported attacks exceed 350,000 annually.
Employees conducting attacks on their own employees – known as insider threats – are becoming increasingly common and costly. According to a CA report, over 50% of organizations suffered an insider threat-based attack in the previous 12 months, while 25% say they are suffering attacks more frequently than in the previous year. 90% of those organizations claimed to feel vulnerable to insider threats.
Every year, cybercrime gets worse. And it totally makes sense, because it is a lucrative line of work, so to speak. It’s estimated to be a $1.5 trillion industry, with some countries now basing their economy around cybercrime. As a result, cybercriminals’ activities are now facilitated by new technology that makes data breach attacks easier and more accessible. Therefore, the chances of your business suffering a cyber attack are getting bigger by the minute. Here is what you can expect in 2019.
If you own a company, no matter how small a company it may be, you are in constant danger of becoming a victim of a cyber attack. It is important to install effective cyber security measures, but in order to do that, you need to know which cyber security threats to prepare for. Here are the 8 most common ones.
Mobile security is – or at least should be – at the top of every company’s worry list these days – and for good reason: Nearly all employees now routinely access corporate data from smartphones and that means keeping sensitive info out of the wrong hands is an increasingly complicated business. Therefore, the stakes are higher than ever with the average cost of a corporate data breach being at nearly $4 million, according to a 2018 report by the Ponemon Institute. That’s 6.4% more than the estimated cost just one year earlier. However, while it’s easy to focus on the sensational subject of malware, the truth is that mobile malware infections are incredibly uncommon in the real world. And yet, we can expect mobile security threats to become more serious in 2019. Here is what we can expect.
The tech industry has had a big year in 2018 with several new technologies arising and claiming their spots on the stage – blockchain, Artificial Intelligence and neural networks. These technologies have infiltrated every sector, from public services to business creating new opportunities for innovation and disruption, but aren’t without risks. New technologies are always slightly ahead of the security designed to protect them. For example, blockchain has created thousands of new ideas and businesses, but it has come with a bevy of high-profile cyber attacks and vulnerabilities. Nevertheless, cyber security has continued its steady pace of innovation and new solutions emerge daily. Here are 6 trends you should adopt in 2019.
Identifying the underlying causes for potential cyber security attacks can prove to be of crucial importance for defending a company IT network no matter how secure it is considered to be. By creating a defense line that focuses on the basics first and foremost will help not only treat the symptoms of a cyber attack, but prevent it from ever happening. Take a look at the infographic to see the 12 resident guilty parties when it comes to root cause exploits that can destroy your company’s cyber security. read more
Cyber security is a fast-paced field unlike any other. With 15 potential leaks in a company security network every day, anywhere between 5.000 and 7.000 new software threats emerging on a yearly basis and tens of millions of unique malware programs attacking IT networks a year, the job is only becoming harder and harder. Moreover, a simple misstep from the people responsible for maintaining the appropriate security levels could compromise company assets, hurt revenues, destroy company reputation and cost people jobs. That is precisely why it’s paramount to know how to fight back and which moves you should make.
The world of cyber security is hard to defend because of its very complex constitution. For the user, the multiplex nature of an IT network is its greatest advantage, but for the cyber security officer, it’s its greatest risk. With so many threat factors to pay attention to and prepare defense mechanisms for, detecting a cyber attack is quite challenging. Here are 5 things that make it hard to do.
Nowadays, practically a day doesn’t go by that we haven’t been reluctantly informed of another breach in data security. Sensitive information belonging to millions of users is constantly at risk and it seems like even the big players like Facebook and Google (and by extension, the little guys) haven’t been able to keep security on a satisfactory level. In turn, we – the users – have been informed of said security breaches after quite some time has passed and kindly asked to change our login information. Which begs the question, is it so difficult to detect a cyber attack? And why exactly?