CYBERSECURITYTECH NEWSTRENDING

Most Attacked Sectors are Also Most Cybermature: Report

New data ranking the ‘cybermaturity’ of organisations reveals the most commonly targeted sectors are also the most prepared to deal with the ever-evolving threat landscape

The Executive Guide to NTT Security’s 2019 Global Threat Intelligence Report reveals that the finance (score 1.71 out of 5) and technology (score 1.66 out of 5) sectors boast the highest maturity ratings and are continuing to ramp up their security posture, most likely prompted by their unenviable positions as the most commonly targeted industries, each accounting for 17% of all attacks recorded in 2018.

Globally, the average cybersecurity maturity rating stands at a worrying 1.45 out of 5 – a score determined by an organisation’s holistic approach to cybersecurity from a process, metrics and strategic perspective. This comes during a time when security vulnerabilities have also surged to a record high (up 12.5% from 2017). These findings were revealed by Dimension Data, the USD 8 billion global technology integrator and managed services provider for hybrid IT.

Scouring trillions of logs and billions of attacks, the research also revealed the most common attack types, with web attacks the most prevalent threat, doubling in frequency since 2017 and accounting for 32% of all attacks detected last year. Reconnaissance (16%) was the next most common hostile activity, closely followed by service-specific attacks (13%) and brute-force attacks (12%).

The finance and the technology sectors are the most cybermature, however they were the most attacked, each representing 17% of all attacks, and feature in the top five risks for every region.

Neville Burdan, Solutions Director – Cybersecurity at Dimension Data Asia Pacific, said: “There’s clearly work to be done across all sectors in order to establish more robust security postures. However, it’s reassuring to see many C-suite leaders recognising the importance of making more strategic investments to improve their cybersecurity defences.”

He continued:  “There have been some exciting developments in the predictive threat intelligence space, with new levels of collaboration and buy-in across the cybersecurity value chain. What’s more, the most targeted industries are also the most likely to seek assistance to evolve their strategies and build their security programmes. This bodes  well for companies looking to reach their desired cybermaturity state.”

Other highlights from the research include:

  • Globally, 35% of attacks originate from IP addresses within the US and China, followed by EMEA
    and APAC.
  • Cryptojacking represents a significant amount of hostile activity, at times accounting for more
    detections than all other malware combined, hitting the technology and education sectors hardest.
  • Credential theft is up as attackers target cloud credentials, with tech companies (36%), telcos
    (18%), and business and professional services (14%) significantly impacted by this.

Click here to download Dimension Data Executive Guide to the NTT Security 2019 Global Threat Intelligence Report.

Brian Pereira

Brian Pereira is an Indian journalist and editor based in Mumbai. He is Editor-in-Chief of Digital Creed, which he founded in 2015. A technology buff, former computer instructor, and software developer, Brian has 27 years of journalism experience (since 1994). He is sound and confident about his knowledge of business technology concepts. And he is a believer in continual education/learning. Brian is the former Editor of CHIP and InformationWeek magazines (India). He has written hundreds of technology articles for India's leading newspaper groups such as The Times of India and Indian Express Newspapers (among others). And he has conducted more than 300 industry interviews during his journalism career. Brian also writes on Aviation, cybersecurity, startups, and topics directed at small and medium businesses. He achieved certifications from the EC-Council (Certified Secure Computer User) and from IBM (Basics of Cloud Computing). Apart from those, he has successfully completed many courses on Content Marketing and Business Writing. Follow Brian on Twitter (@creed_digital) and LinkedIn.

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