Data breaches go undisclosed

Malware striking systems may be more prevalent than suspected as 57% of malware analysts working on enterprise-related data breaches have addressed security problems that U.S. firms failed to disclose, a new survey said.

12/02/2013


Malware striking systems may be more prevalent than suspected as 57% of malware analysts working on enterprise-related data breaches have addressed security problems that U.S. firms failed to disclose, a new survey said.

Perhaps in a move to save reputations or avoid difficult questions by customers and investors, this could mean data breaches are more widespread than first believed, and businesses are even further behind than thought in the fight against cyber attackers, according to the ThreatTrack survey.

Security vulnerabilities and cyber attacks have become critical problems for companies worldwide. If breached, a company network could become a treasure trove for hackers, potentially full of customer details—including telephone numbers, addresses and card information—sensitive corporate data, or information which impacts national infrastructure security. A number of high-profile breaches have taken place this year, including LivingSocial, Evernote and the Federal Reserve.

Verizon’s 2013 Data Breach Investigations Report said there were 621 data breaches in 2012. However, if considered in tandem with ThreatTrack’s data which says 66% of malware analysts working with 500+ employee enterprises have dealt with undisclosed security problems, the confirmed 621 attack number may be significantly under-reported.

The independent blind survey of 200 security professionals within U.S. companies was conducted by Opinion Matters on behalf of the security company in October this year.

“While it is discouraging that so many malware analysts are aware of data breaches that enterprises have not disclosed, it is no surprise that the breaches are occurring,” said ThreatTrack Chief Executive Julian Waits. “Every day, malware becomes more sophisticated, and U.S. enterprises are constantly targeted for cyber espionage campaigns from overseas competitors and foreign governments. This study reveals that malware analysts are acutely aware of the threats they face, and while many of them report progress in their ability to combat cyber-attacks, they also point out deficiencies in resources and tools.”

Forty percent of respondents said one of the most difficult aspects of their roles was the fact skilled help is in short supply.

When asked to identify the most difficult aspects of defending their companies’ networks, 67% said the complexity of modern malware is a crucial factor, 67% said the frequency of attacks is a problem, and 58% cited the ineffectiveness of market solutions as an issue.



SCOTT , NY, United States, 12/19/13 11:25 AM:

The real truth behind all the attacks is its not just corporation that get hit the hardest its the little guys funneled down from them. I have seen and heard of so many Identity theifs in last 3 years that its scary to think we freely place ourselves at risk by trusting big companies with our personal information. I just know that the end result is that not only do we as individuals pay for the tech end of the security but also resulting in hire cost of everything we do.
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
Each year, a panel of Control Engineering editors and industry expert judges select the System Integrator of the Year Award winners.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Learn how to create value with re-use; gain productivity with lean automation and connectivity, and optimize panel design and construction.
Go deep: Automation tackles offshore oil challenges; Ethernet advice; Wireless robotics; Product exclusives; Digital edition exclusives
Lost in the gray scale? How to get effective HMIs; Best practices: Integrate old and new wireless systems; Smart software, networks; Service provider certifications
Fixing PID: Part 2: Tweaking controller strategy; Machine safety networks; Salary survey and career advice; Smart I/O architecture; Product exclusives
The Ask Control Engineering blog covers all aspects of automation, including motors, drives, sensors, motion control, machine control, and embedded systems.
Look at the basics of industrial wireless technologies, wireless concepts, wireless standards, and wireless best practices with Daniel E. Capano of Diversified Technical Services Inc.
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
This is a blog from the trenches – written by engineers who are implementing and upgrading control systems every day across every industry.
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Case Study Database

Case Study Database

Get more exposure for your case study by uploading it to the Control Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.

These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.

Click here to visit the Case Study Database and upload your case study.