Advances in IT security are
continuing to cause headaches for today’s cyber criminals, yet as
a new breed of increasingly savvy hackers emerge, exposure to a
variety of threats remains a fact of life for most
organizations across the globe. Without appropriate security
measures in place, companies are facing the risk of
data breaches, loss of employee productivity, damage to
brand reputation and non-
Predictions: 1) McAfee: “In the spy
vs. spy world of cybercrime and cyberwarfare, criminal gangs and state actors will
deploy new stealth attacks that will be harder than ever to identify and stop.”
McAfee Labs 2014. 2) Gartner: “We are in one of those periods that occurs every
five years or so, where the attackers
find new levels of vulnerabilities to exploit, and the threats get ahead of the
standard level of protection.” Gartner, Strategies for Dealing with Advanced
Targeted Attacks. Which mitigation tactics have been most effective in your organization? Share your thoughts - without disclosing confidential details - with the Cloud and Cyber Security Center.
compliance, leading to potentially
severe fines.
Malware is constantly evolving, with
millions of forms of malware being released every year.
In fact, McAfee catalogs over 100,000 new malware samples a
day (69 per minute). With that, successful cyber-attacks have
risen 20 percent year on year, with the average cost
of cybercrime standing at over $7m dollars a year Increasingly, threats faced by
enterprises are coming from the inside as well as the outside.
Recent headlines have been dominated by stories of data
theft driven by maverick insiders. Details of the most high
profile event, the notorious breach by Edward Snowden at the NSA,
continue to emerge over a year later. With research commissioned by the UK
BIS finding that 84% of data breach incidents are caused
by staff, business leaders must be prepared for the risks
associated by insiders gaining access to corporate information.
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