Charles Leaver – In A Survey Two Thirds Of Organizations Claimed That They Were Immune From Cyber Attacks

By Charles Leaver Ziften Technologies CEO

A a great deal of companies have the belief that there is no requirement for them to pursue assiduous data loss avoidance, they relate to cyber attacks as either really unlikely to happen or have minimal financial effect if they do occur. There is an increase in the recorded cases of cyber attacks and advanced consistent risks have actually contributed to this complacency. These harmful attacks have the tendency to avert standard endpoint security software applications, and while they do not have the teeth of denial-of-service attacks, they have the potential to cause considerable damage.

Over 67% of companies declare that they have 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 organizers of the study were skeptical about the results and highlighted the various susceptible desktop and mobile endpoints that are now very common in businesses.

Security professional and study planner Tom Cross stated “Any system you link to the Internet is going to be targeted by attackers very rapidly afterwards.” “I would assert that if you’re uncertain whether or not your company has had a security occurrence, 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 infiltrations. Regardless of this, most of the organizations assessed the effects as small and not justifying the installation of new endpoint security and control systems. Approximately 38% stated that they had not experienced discovered security breaches, and only 20% did confess to financial losses.

The loss of reputation was more extensive, impacting around 25% of the participants. Highlighting the possible effect of a cyber attack on financial resources and reputation, an incident at The University of Delaware resulted in 74,000 individuals having their delicate data exposed, according to Amy Cherry, WDEL contributor. The hackers targeted the school’s website and scraped details about university identifications and Social Security Numbers, which made it supply complimentary credit monitoring of the affected parties.