If the first war was fought with sticks and stones, the next one likely will be fought with data. Cyber threats both big and small are increasing around the world, and they come with serious implications for governments and businesses that struggle to stay a step ahead of digital criminals.
Traditional signature-based antivirus is notoriously bad at stopping newer threats such as zero-day exploits and ransomware, but it still has a place in the enterprise, experts say, as part of a multi-layer endpoint security protection strategy. The best antivirus products act as the first layer of defense, stopping the vast majority of malware attacks and leaving the broader endpoint protection software with a smaller workload to deal with.
Threat detection and response is difficult and only getting more complicated. One of the primary reasons is that many organizations approach threat detection and response through a maze of disconnected point tools. In fact, ESG research indicates that 66% of organizations agree that threat detection/response effectiveness is limited because it is based upon multiple independent point tools. But, by all accounts, integration is the key. See how in this infographic!
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They just don’t quit, do they? Hackers and scammers are continuing to baffle security experts as they antagonize innocent folks across the internet. They’re continuously changing tactics and approaches in the hopes of evading authorities – which has the effect of unleashing new threats and obstacles that researchers and engineers are forced to overcome.
There are 2 myths that stand in the way of boards understanding the threats posed by cyberattacks and ensuring their businesses can be safe against cybercriminals and hackers.
Recently, Scott County Schools, in Kentucky, fell victim to a $3.7 million fraud phishing scam. According to Superintendent Dr. Kevin Hub, a vendor informed the district that an invoice sent to the district had not been paid. In looking into the matter, the district found that someone else had been paid instead, via a fraudulent email disguised as the vendor.
“This is a process that we use currently in Scott County Schools. It’s a way that we pay our vendors. And it was in this specific case, a single case, that we can verify, and this fraudulent email and fraudulent documentation is what caused this crime to happen.”
Recently a vulnerability was disclosed that affected millions of Huawei-manufactured laptops. The Chinese manufacturer claimed the vulnerability was a mistake and, in January, patched the affected software. Speculation was rife that this vulnerability might have been injected intentionally with the goal of allowing the Chinese government to exploit it in order to take control of laptops globally at a time of their choosing.
Does the offer to “Never pay for cable again” sound tantalizing?
It shouldn’t. It should sound abhorrent, not only because of piracy is illegal and unfair to content creators, but also because researchers have found that pirated streaming devices are stuffed with malware and/or open the door for it to come streaming in.
Threat detection and response is difficult and only getting more complicated. According to ESG research, 76% of cybersecurity professionals claim that threat detection and response is more difficult today than it was 2 years ago, so this situation may only get worse in the future.