Chuck Leaver – Two Thirds Of Organizations Believe That They Are Immune To Cyber Attacks

By Chuck Leaver Ziften Technologies CEO

A large number of organizations have the belief that there is no need for them to pursue assiduous data loss avoidance, they regard cyber attacks as either extremely unlikely to happen or have minimal financial effect if they do take place. There is a boost in the recorded cases of cyber attacks and advanced relentless risks have contributed to this complacency. These destructive attacks have the tendency to avert conventional endpoint security software applications, and while they lack the teeth of denial-of-service attacks, they have the potential to cause significant damage.

Over 67% of organizations declare that they have actually not been the victims of a cyber attack in the last 18 months, or that they had little or no visibility into whether an attack had actually jeopardized their network according to Infosecurity. The planners of the survey were skeptical about the results and highlighted the numerous vulnerable desktop and mobile endpoints that are now typical in businesses.

Security specialist and survey planner Tom Cross said “Any system you link to the Internet is going to be targeted by attackers very quickly afterwards.” “I would assert that if you’re uncertain whether or not your company has had a security incident, the chances are really high that the answer is yes.”

Around 16% stated that they had experienced a DDoS attack over the very same period, and 18% reported malware infestations. Regardless of this, most of the companies examined the repercussions as minor and not validating the installation of new endpoint security and control systems. Around 38% stated that they had not struggled with discovered security breaches, and only 20% did admit to financial losses.

The loss of reputation was more widespread, affecting around 25% of the respondents. Highlighting the potential effect of a cyber attack on finances and reputation, an event at The University of Delaware led to 74,000 individuals having their sensitive data exposed, according to Amy Cherry, WDEL contributor. The hackers targeted the school’s website and scraped information about university identifications and Social Security Numbers, which forced it to supply complimentary credit monitoring of the affected individuals.

 

 

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