All you have to do is read the New York Times or Forbes to understand the increasing threat of cyber attacks. In 2015 there was a number of high profile hacks, including the dating site Ashley Madison, movie powerhouse Sony Pictures, and healthcare insurance juggernaut, Anthem.
In fact, cyber attacks have become such a big threat to corporations that the FBI now ranks it as one of its top law enforcement activities. What’s more, companies are no longer wondering if they will encounter an attack, but when. According to a report from CyberEdge, 52 percent of respondents surveyed believe they’ll “likely” be hit by a successful cyber attack this year, up from 39 percent last year.
So what exactly are the most terrifying aspects of cyber security for companies? Let’s discuss the three most common below:
- Internal employees: While you might think that outside forces are the biggest threat to cyber security, it’s actually your internal employees. The majority of employees within your company aren’t experts in cyber security and, therefore, don’t always practice safe online activities. Employees, for example, could click on a corrupt link or download an unfamiliar attachment, which could lead to a major cyber attack. According to aggregated reports, 44 percent of respondents state that the biggest threat to cyber security is “the negligent insider” who fails to take enough precautions while using or protecting government networks.
- Advances in hacking: Today’s hackers are more sophisticated than ever before, using tactics that industry analysts never thought were possible. According to the New York Times, the Office of Personnel Management recently stated that hackers stole 5.6 million fingerprints it had on file in a sophisticated cyber attack. Hackers are now building more automated tools that allow them toconduct much more devastating attacks on unsuspecting businesses and people.
- Cost of data breaches: Probably one of the most frightening threats to businesses is the actual cost of a cyber attack. The astronomical cost is enough to keep any IT administrator up at night. So what type of financial damage are we really talking about? According to IBM and Ponemon Institute’s “2015 Cost of Data Breach Study” Global Analysis,” the average totally cost of a data breach increased 23 percent in the past two years to a whopping $3.79 million. What’s more, the average cost paid for each lost or stolen record containing sensitive information rose from $145 in 2014 to $154 in 2015.
As networks continue to evolve and threats become increasingly more probable, a detailed network security plan is more important than ever before. Savvius Vigil is a product capable of storing months of information and aid security professionals when it comes to data breaches. Packets related to possible breaches can be examined weeks or even months after an incident occurs, which allows for a complete understanding of the threat. Because the lag between a breach and its detection is often prolonged, it is crucial that IT staff be able to bridge that gap and examine an issue thoroughly.
To speak directly with a security expert about leveraging the right network packets at the right time for effective forensic analysis, please contact us directly.