A new wave of cyber security in demand

Stopping sophisticated attackers from stealing companies’ information requires a new generation of cyber security.

 

Like businesses worldwide, no company in the Middle East region is immune to the potentially devastating effects of a cyber-attack. With the increasing sophistication of today’s attackers, businesses that want to keep their vital data safe must immediately implement a cyber security solution that can effectively see and respond to the most aggressive threats to prevent potentially huge data and financial losses.

 

The majority of enterprises have implemented some type of cyber security solution to protect against routine malware and viruses. However, much work needs to be done to strengthen an organization’s ability to respond to the type of never-before-seen attacks that are becoming much more prevalent and damaging.

 

A survey commissioned by Bit9 + Carbon Black shows that of the 100 information technology (IT) decision makers polled in the UAE, only a handful were confident in the ability of their systems to combat cyber breaches. Only seven per cent of the respondents were completely confident in their companies’ anti-virus solutions, while a meager five per cent described their organizations’ detection abilities as “excellent”.

 

Four out of 10 (39 per cent) respondents were certain that their organizations have been victims of cyber-attacks in the last two years, with over a quarter (27 per cent) saying this happened in 2014.  Furthermore, 59 per cent said they think they have been attacked but they were not sure, while 14 per cent said they do not think they have been attacked but there is no way to definitively determine if an attack actually happened.

 

These often shocking results should push more companies to significantly improve their cyber security systems, especially since hackers and cyber criminals have no plans of slowing down their relentless efforts to steal valuable information. In fact, over 90 per cent of IT decision makers in UAE-based companies ranging from 500 to 3,000 employees believe that they will be attacked in 2015 and 2016.

 

When asked what aspects of their organizations are the most able to cyber-attacks, the respondents perceive mobile devices (31 per cent) and infrastructure servers (24 per cent) as the most susceptible. The findings support another industry report showing that 65 per cent of data exfiltration happens on company endpoints (desktop PCs, laptops, and servers), where the most valuable data resides.

 

The most important takeaway from the survey is that not all cyber security solutions are equal. While antivirus is effective against nuisance malware with signatures already known to the security community, AV is not capable of seeing or stopping the advanced threats and targeted attacks that are relentlessly hitting businesses in the Middle East and elsewhere. Organizations committed to protecting their information must choose a new generation security solution that delivers the advanced endpoint threat prevention, detection and response capabilities that are the best hope of stopping the often business-crippling effects of today’s highly sophisticated cyber-attacks.

 

 

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