Connect with us


Zero-days, fileless attacks are now the most dangerous threats to the enterprise



Zero-day vulnerabilities and fileless attacks are now deemed the most dangerous threats to the enterprise.

According to a study conducted by the Ponemon Institute and sponsored by Barkly, called the “2018 State of Endpoint Security Risk report,” nearly two-thirds of enterprise players have been compromised in the past 12 months by attacks which originated at endpoints, which the organization says is a 20 percent increase year-on-year.

Such attacks can prove costly, with the average company enduring a cost of $7.12 million, or $440 per endpoint.

Small to medium-sized businesses, which may not have the same cybersecurity solutions or teams in place due to investment limitations, suffer more — with the same damage cost of endpoints close to double at $763.

In total, the average cost of a successful endpoint-based attack has increased by roughly 42 percent year-on-year.

According to the survey, which recorded the responses of 660 IT and cybersecurity professionals, zero-day vulnerabilities and fileless attacks are today’s biggest threats to organizations.

Zero-day vulnerabilities are previously unknown bugs which are unpatched by vendors. These types of security flaws, depending on the severity and the affected software, can be used to conduct attacks including account hijacking, network compromise, and data theft.

TechRepublic: The 6 most popular cyberattack methods hackers use to attack your business

Fileless attacks, however, leverage exploits or launch scripts from memory in order to circumvent detection by antivirus solutions.

“76 percent of successful attacks leveraged unknown and polymorphic malware or zero-day attacks, making them four times more likely to succeed in compromise compared to traditional attack techniques,” Ponemon says.

In last year’s survey, the organization estimated that 29 percent of attacks faced by the enterprise in 2017 were fileless and this was expected to rise to 35 percent this year.


Respondents of this year’s survey estimated that 37 percent of attacks launched against their companies were zero-day attacks — a 48 percent increase from 2017 — whereas 35 percent utilized fileless techniques.

Resolving zero-day vulnerabilities requires the creation of patches, but implementing these fixes can often be delayed due to the need to triage threats.

Not all zero-days are created equal and they will not hold the same risk for every organization — but it just takes one to be overlooked for a successful attack to take place.

CNET: US charges 12 Russian hackers tied to DNC cyberattacks

The research estimates the average delay in applying a patch to a vulnerable endpoint is 102 days due to triage, testing, and implementation requirements.

Together with fileless attacks which can dance around traditional, signature-based security solutions, organizations are struggling to keep up with modern security issues — and so 70 percent have already replaced or plan to replace antivirus solutions for more modern alternatives within the next 12 months.

See also: This Trojan masquerades as Google Play to hide on your phone in plain sight

High false positive rates, management complexity, and inadequate protection were cited as the top frustrations of IT professionals when it comes to standard antivirus solutions.

“This increase in successful attacks have exposed a gap in protection that existing solutions and processes are not addressing,” said Larry Ponemon, Chairman and Founder of the Ponemon Institute. “Antivirus products missed more attacks than they stopped in 2018 and organizations believe their current antivirus is effective at blocking only 43 percent of attacks.”

Cybersecurity is an ongoing problem for SMBs and enterprise players alike. Data breaches alone are becoming a daily occurrence, with British Airways, the US State Department, the Pentagon, and Facebook making up only a handful of recent victims.

Previous and related coverage

Source link

Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


The Five Pillars of (Azure) Cloud-based Application Security



This 1-hour webinar from GigaOm brings together experts in Azure cloud application migration and security, featuring GigaOm analyst Jon Collins and special guests from Fortinet, Director of Product Marketing for Public Cloud, Daniel Schrader, and Global Director of Public Cloud Architecture and Engineering, Aidan Walden.

These interesting times have accelerated the drive towards digital transformation, application rationalization, and migration to cloud-based architectures. Enterprise organizations are looking to increase efficiency, but without impacting performance or increasing risk, either from infrastructure resilience or end-user behaviors.

Success requires a combination of best practice and appropriate use of technology, depending on where the organization is on its cloud journey. Elements such as zero-trust access and security-driven networking need to be deployed in parallel with security-first operations, breach prevention and response.

If you are looking to migrate applications to the cloud and want to be sure your approach maximizes delivery whilst minimizing risk, this webinar is for you.

Continue Reading


Data Management and Secure Data Storage for the Enterprise



This free 1-hour webinar from GigaOm Research brings together experts in data management and security, featuring GigaOm Analyst Enrico Signoretti and special guest from RackTop Systems, Jonathan Halstuch. The discussion will focus on data storage and how to protect data against cyberattacks.

Most of the recent news coverage and analysis of cyberattacks focus on hackers getting access and control of critical systems. Yet rarely is it mentioned that the most valuable asset for the organizations under attack is the data contained in these systems.

In this webinar, you will learn about the risks and costs of a poor data security management approach, and how to improve your data storage to prevent and mitigate the consequences of a compromised infrastructure.

Continue Reading


CISO Podcast: Talking Anti-Phishing Solutions



Simon Gibson earlier this year published the report, “GigaOm Radar for Phishing Prevention and Detection,” which assessed more than a dozen security solutions focused on detecting and mitigating email-borne threats and vulnerabilities. As Gibson noted in his report, email remains a prime vector for attack, reflecting the strategic role it plays in corporate communications.

Earlier this week, Gibson’s report was a featured topic of discussions on David Spark’s popular CISO Security Vendor Relationship Podcast. In it, Spark interviewed a pair of chief information security officers—Mike Johnson, CISO for SalesForce, and James Dolph, CISO for Guidewire Software—to get their take on the role of anti-phishing solutions.

“I want to first give GigaOm some credit here for really pointing out the need to decide what to do with detections,” Johnson said when asked for his thoughts about selecting an anti-phishing tool. “I think a lot of companies charge into a solution for anti-phishing without thinking about what they are going to do when the thing triggers.”

As Johnson noted, the needs and vulnerabilities of a large organization aligned on Microsoft 365 are very different from those of a smaller outfit working with GSuite. A malicious Excel macro-laden file, for example, poses a credible threat to a Microsoft shop and therefore argues for a detonation solution to detect and neutralize malicious payloads before they can spread and morph. On the other hand, a smaller company is more exposed to business email compromise (BEC) attacks, since spending authority is often spread among many employees in these businesses.

Gibson’s radar report describes both in-line and out-of-band solutions, but Johnson said cloud-aligned infrastructures argue against traditional in-line schemes.

“If you put an in-line solution in front of [Microsoft] 365 or in front of GSuite, you are likely decreasing your reliability, because you’ve now introduced this single point of failure. Google and Microsoft have this massive amount of reliability that is built in,” Johnson said.

So how should IT decision makers go about selecting an anti-phishing solution? Dolph answered that question with a series of questions of his own:

“Does it nail the basics? Does it fit with the technologies we have in place? And then secondarily, is it reliable, is it tunable, is it manageable?” he asked. “Because it can add a lot overhead, especially if you have a small team if these tools are really disruptive to the email flow.”

Dolph concluded by noting that it’s important for solutions to provide insight that can help organizations target their protections, as well as support both training and awareness around threats. Finally, he urged organizations to consider how they can measure the effectiveness of solutions.

“I may look at other solutions in the future and how do I compare those solutions to the benchmark of what we have in place?”

Listen to the Podcast: CISO Podcast

Continue Reading