IP Products

State-sponsored attacks: worst to come

by Mark Rowe

As more and more businesses are being hit by cyber attacks, a new survey from a security software company has suggested that IT security people actually believe the worst has yet to come and things are not going to improve soon.

The survey, which was carried out at Black Hat USA 2014, found that 93 percent of IT security questioned believe the hacking landscape is going to get worse and, 44 percent of respondents believe the USA is losing the battle against state-sponsored cyber attacks. When Lieberman Software carried out the same survey at Black Hat USA 2013 96 percent of respondents said they believed cybercrime was set to get worse and 58 percent believed the USA was losing its battle against state-sponsored attacks. This means that despite these grave findings IT security actually believes things have slightly improved over the last year.

Philip Lieberman, President of Lieberman Software, said: “Cyber attacks are evolving at an astounding pace and we are constantly facing extremely sophisticated attacks which we have never witnessed before. Organisations need to take this threat seriously, they cannot stop these attacks; and building taller and thicker walls won’t keep the hordes out.”

Among other findings, 58 percent of respondents think that their network may have already been breached by a foreign state-sponsored attack. Also, half of IT security believes that security awareness within their organisation is only average, while more than one in ten admit that security awareness within their own organisation is bad.

Lieberman added: “The majority of organisations are prepared for amateur hackers and low-level criminals, but are completely ill-equipped to deal with today’s advanced nation-state foes. The most dangerous threats are highly personalised attacks designed for one-time use against specific individuals. Many state-sponsored attackers can now create perfect email attacks that inserts remote control software onto corporate networks. Most corporations and government agencies would benefit from better security training, documented security processes, and enterprise-level products that can manage and secure powerful privileged accounts that grant access to critical IT assets.”

For more see: http://go.liebsoft.com/state-sponsored-attack-survey-2014.

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