Almost One Third U.S. Businesses breached in 2017

December 26th, 2017 by admin Leave a reply »

Twenty-nine percent of U.S. businesses were affected by a data breach in the 2017. The analysis was done by HSB of 403 senior executives in the U.S., and conducted by Zogby Analytics.

Company reputation gets a hit after the breach says two third of respondents. The amount spent was $5,000 and $50,000 to respond to a breach as per the twenty seven respondents. Thirty  percent said they spent between $50,000 and $100,000.

Fifty one percent mentioned that lack of knowledge is the reason behind the success of the attack.

“The results highlight how closely our economy and society are interconnected digitally,” HSB vice president Timothy Zellman said in a statement. “Almost all of our personal and business data can be accessible on the Internet through online business connections, websites and social media. And that exposes our private information to attacks from hackers and cyber thieves.”

Another survey conducted by Balabit of 222 IT executives and IT security professionals shows that 35 percent of respondents see themselves as the largest internal security risk to networks within their companies. IT staff has higher rights than other users.

The report also has below findings –

Forty seven percent of respondents mentioned that the time and location of login, followed by private activities using corporate devices (41 percent), and biometrics identification characteristics such as keystroke analytics (31 percent) is the most important user data for spotting malicious activity

“As attacks become more sophisticated, targeted attacks and APTs more commonly involve privileged users inside organizations — often via hacks involving stolen credentials,” Balabit security evangelist Csaba Krasznay said in a statement. “Today, IT security professionals’ tough job has become even tougher. It is not enough to keep the bad guys out; security teams must continuously monitor what their own users are doing with their access rights.”

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AlertSec ACCESS is a patent pending technology. It is designed to enforce that devices are encrypted before access to a network is granted. 

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