Why Do Two Thirds Of Organizations Believe That They Have Immunity From Cyber Attacks? Charles Leaver

By Charles Leaver Ziften Technologies CEO

 

A a great deal of organizations have the belief that there is no need for them to pursue assiduous data loss prevention, they concern cyber attacks as either extremely not likely to occur or have minimal financial impact if they do take place. There is a boost in the recorded cases of cyber attacks and advanced persistent threats have actually contributed to this complacency. These destructive attacks tend to evade conventional endpoint security software, and while they lack the teeth of denial-of-service attacks, they have the potential to cause considerable 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 jeopardized their network according to Infosecurity. The planners of the survey were skeptical about the outcomes and highlighted the many vulnerable desktop and mobile endpoints that are now typical in businesses.

Security specialist and study organizer Tom Cross said “Any system you link to the Web is going to be targeted by attackers extremely rapidly thereafter.” “I would assert that if you’re unsure whether your organization has had a security incident, the possibilities are extremely high that the answer is yes.”

Around 16% stated that they had actually experienced a DDoS attack over the very same duration, and 18% reported malware infestations. Regardless of this, most of the organizations evaluated the consequences as minor and not justifying the application of new endpoint security and control systems. Approximately 38% said that they had actually not experienced found security breaches, and just 20% were able to admit to financial losses.

The loss of reputation was more extensive, impacting around 25% of the respondents. Highlighting the possible impact of a cyber attack on finances and reputation, an event at The University of Delaware resulted in 74,000 individuals having their sensitive data exposed, according to Amy Cherry, WDEL contributor. The hackers targeted the school’s site and scraped information about university identifications and Social Security Numbers, which made it provide free credit monitoring of the impacted parties.

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