From: RegTech Analyst
One in four companies say that they have been targeted by state-funded cyberwarfare attempts.
That is according to Radware, a cybersecurity provider. In a new report, it stated that 27% of organisations in 2019 believed they were attacked by a nation-state, up from 19% in 2018. In North America, 36% were more likely to report nation-state attributed attacks.
“Nation-state intrusions are among the most difficult attacks to thwart because the agencies responsible often have significant resources, knowledge of potential zero-day exploits and the patience to plan and execute operations,” said Anna Convery-Pelletier, chief marketing officer at Radware. “These attacks can result in the loss of sensitive trade, technological or other data and security teams may be at a distinct disadvantage.”
While the report also found that more businesses are tapping into the opportunities of the cloud, only 10% of respondents felt that their data was more secure in public cloud environments.
Radware also found that many businesses struggle to limit their attack surface as they tap into new technologies like microservices and multi-cloud environments.
As a result, 22% of respondents do not know if they were attacked. Of those that fell victim to a hack, 27% did not know the hacker’s motivations, 38% were not sure whether an internet of things (IoT) botnet hit their networks and 46% are not sure if they suffered an encrypted DDoS attack.
“This report finds that security professionals feel as though the battlefield is shifting under their feet,” said Convery-Pelletier. “Companies are increasingly adding and relying upon new paradigms, like microservices, public and hybrid clouds, and IoT, which means the infrastructure is harder to monitor for attacks. These new technologies force a shift in security implementation into the development teams. Security is often an afterthought as businesses march forward, and there is a misconception that ‘good enough’ is enough.”
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