10 Things You Should Know About Cybersecurity

SOURCE: https://bit.ly/1pG5YqE

1. Lack of Email Security Poses a Major Threat to Most Organizations

According to Mimecast, employees who are careless with their enterprise email accounts are among the biggest threats to a given organization. In a study of 600 IT security decision makers in four countries, 83 percent said email is the most common avenue of attack, while 65 percent said they don’t feel fully equipped to handle email-borne risks.

2. Unmanaged Keys and Certificates Lead to Cyberattacks

According to a recent Venafi study, 54 percent of IT professionals polled do not know the location or ownership details for their encryption keys or certificates. Cybercriminals are increasingly using unmanaged keys and certificates to sneak past encrypted network solutions.

3. DDoS Attacks Cause Decreased Customer Trust, Revenues

Corero Network Security’s 2nd annual DDoS Impact Survey found that the most damaging aspect of a distributed denial of service (DDoS) attack was loss of customer trust, even more so than monetary loss.

In the survey, which was conducted during the 2016 RSA Conference, 45 percent of respondents said loss of customer trust was the worst aspect of a DDoS attack, compared to 34 percent who said lost revenues were the worst effect.

Interestingly, 32 percent of respondents said they experience a DDoS attack in some form weekly or even daily.

4. IoT Security is Troubling for Many Consumers, Enterprises

According to Bullguard, a mobile and internet security provider, 58 percent of 1,000 US residents surveyed said they are very concerned about potential hacking and data theft of their Internet of Things (IoT) connected devices. Thirty-seven percent have already been breached, and 61 percent don’t know how to properly secure their connected devices.

5. Americans Favor Encryption, But Don’t Utilize It

Email data protection solution provider Zix Corporation conducted a joint study with Qualtrics where they asked Americans about their perceptions of encryption.

Out of 500 Americans surveyed, 72 percent said they associated the word encryption with “security” while only 4 percent associated encryption with the word “threat.”

However, 68 percent of respondents said they had never used encryption or weren’t sure if they had ever utilized encryption.

6. Shared Cyber Threat Intelligence is Valuable, Yet Underutilized

McAfee published a worldwide survey of 500 cybersecurity experts, which found that although cyber threat intelligence (CTI) sharing is deemed important to protecting critical assets, only 42 percent of security professionals actively utilize shared threat intelligence.

54 percent of respondents said corporate policies prevented them from utilizing CTI in the workplace.

7. Downtime for SMBs Can Be Deadly

Cloud backup solution provider Zetta found that 84 percent of small and midsize businesses would experience “moderate to catastrophic costs and loss” due to several days of IT downtime.

While it is important to implement effective cybersecurity solutions, utilizing backup and disaster recovery solutions are also critical to protect sensitive data if and when your system is compromised.

8. Employee Negligence Can Be Just As Bad (Or Worse) Than Hackers

In a study on Software as a Service (SaaS) practices, Spanning found that IT professionals in the U.S. and U.K. were more likely to experience data loss due to accidental deletion of information as opposed to data loss caused by cybercriminals.

The study, which surveyed 1,037 IT professionals in the U.S. and U.K. found that accidental deletion of information was the leading cause of data loss from SaaS application for 43 percent of U.S. respondents, while the same issue was a concern for 41 percent of respondents in the U.K.

9. More Malicious Domains are Hosted in the U.S. Than Anywhere Else

According to Infoblox (BLOX), 92 percent of newly observed malicious domains in Q4 2015 were hosted in either the United States or Germany. Of that number, 72 percent of all newly discovered malicious domains resided in the United States.

Infoblox reported the numbers in the company’s most recent Domain Name System (DNS) Threat Index. According to the study, the Q4 2015 Infoblox DNS Threat Index rose 49 percent from Q4 2014 and increased five percent from the previous quarter, marking an overall quarterly and yearly increase in the number of newly created malicious domains.

10. Skills Shortage, Budgetary Restraints Harm Federal Security Efforts

Vormetric and 451 Research recently released the U.S. Federal Government Edition of the 2016 Vormetric Data Threat Report, which found that 61 out of 100 U.S. federal government respondents said they has experienced a past data breach.

Of those 100 respondents, 44 percent said cyber security skill shortage was the top barrier to adoption of better data security. Forty-three percent said budgetary restraints prevented them from adopting better data security solutions.

However, 58 percent of respondents said they have increased their spending to offset threats to critical data. Network defenses and analysis tools were among the top categories for increased spending, according to the report.

Author: Amanda Walker

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