Firms Fear Nation-State Attacks

Tuesday, August 18, 2015 @ 05:08 PM gHale

Almost two-thirds of respondents (64 percent) believe their organizations are potential targets for nation-state cyber attacks, according to a Tripwire survey taken at Blackhat USA 2015.

On top of that, 86 percent of the respondents have seen an increase in targeted attacks directed at their networks over the last year.

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Despite the noticeable increase in attacks, less than half of the respondents (47 percent) said confidence in their organizations’ ability to detect and respond to a cyber attack rose in the last 12 months.

Additional survey findings include:
• 64 percent of respondents said targeted attacks against their networks have increased over the last year by 20 percent or more.
• 53 percent of respondents said they do not have the visibility necessary for accurate tracking of all the threats targeting their networks.
• 41 percent of respondents said they have seen a significant increase in the number of successful cyber attacks in the last 12 months.

“Organizations know they are being actively targeted and that their current capabilities aren’t enough to consistently detect and defend against these attacks,” said Tim Erlin, director of IT security and risk strategy for Tripwire. “While new defensive technologies are constantly being developed, organizations are hard pressed to deploy these new tools effectively.”

“In many cases, these organizations would do well to evaluate their investment in foundational security controls,” Erlin said. “Although these controls are not new, they are the backbone of effective breach detection and response.”