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Is cyber deception the latest SOC ‘game changer’?

Cyber deception reduces data breach costs by more than 51% and Security Operations Centre (SOC) inefficiencies by 32%, according to a new research report by Attivo Networks and Kevin Fiscus of Deceptive Defense. The paper identifies the direct and measurable financial and productivity benefits of deception technology for organisations of all types and sizes. According …

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DARPA Gets Serious About Tackling Dwell Time

Written by: Carolyn Crandall, Chief Deception Officer and CMO – Dark Reading recently reported on a new Defense Advanced Research Projects Agency (DARPA)-funded research project at Georgia Tech aimed at reducing dwell time. The $12.8 million project, known as “Gnomon,” will look to establish new methods for faster threat detection and network cleanup. Funding for this kind of project could not come at a more critical time.

Businesses lost an estimated $27BN from data breaches last year

Hackers stole or compromised an estimated $27BN (£20.2BN) worth of records from businesses in 2017, new research has revealed

After news that Uber failed to disclose a massive hack in 2016, VPN (virtual private network) comparison site BestVPN.com analysed more than 200 data breaches dating back to 2004, looking at the number of records compromised, the industries most likely to be affected and the value of those breaches.

Late last year Equifax became the victim of one of the most high profile hacks in history, with 143 million records stolen, equating to an estimated $20.1bn (£15bn) worth of data lost*. There have previously been attacks where more records were compromised, such as Yahoo’s 1 billion back in December 2016, but the Equifax breach was notable because the data stolen included social security numbers and personal identification.

IBM revealed in its Cost of a Data Breach Study 2017 that the average cost of a stolen record was $141 (£104.25), or $3.62 million (£2.7 million) per hack.

In 2017 HBO was also hacked, with 1.5 terabytes of sensitive information stolen – including the script to a then unreleased episode of Game of Thrones. In May of this year it was revealed that the Lithuania-based medical clinic Grozio Chirurgija was also breached, resulting in the leaking of thousands of naked photographs, including 1,500 Britons.

BestVPN.com found that 2011 was the year where the most entities were hacked, including Sony Online Entertainment, who lost a predicted $3.4 billion (£2.5 billion) worth of records, and gaming platform Steam, who were the victim of a hack estimated to be worth around $4.9 billion (£3.6 billion).

Healthcare providers were found to be the most likely to be attacked, with this industry seeing 39 data breaches since 2004, with the most recent being Erie County Medical Center in 2017. Financial companies were the next most likely to be hacked, with 33 attacks since 2004 – Equifax being the most notable.

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2,227 Breaches Exposed 6 Billion Records in First Half of 2017: Report

More than 6 billion records were exposed as a result of the 2,227 data breaches that were reported in the first six months of 2017, according to a new report from Risk Based Security.

The number of publicly disclosed data compromise events through June 30 remained in line with the number of breaches disclosed mid-way through 2015 and 2016, but the total number of records exposed surpassed 2016’s year-end high mark.

New Research Finds Dramatic Shift in Security Budgets from Prevention to Detection Solutions

Attivo Networks®, today announced that a survey conducted by Anderson Research shows the portion of security budgets targeted for detection solutions increased substantially over 2015. According to those security professionals surveyed, their current budgets have shifted and are now split evenly between detection and prevention solutions. The report, sponsored by Attivo Networks, was conducted last quarter among security professionals from over seven industry sectors throughout the U.S. According to industry estimates, enterprises have historically spent more than 75% of their InfoSec technology budgets on preventative technologies.

Attivo Networks Lends Expertise to New Report Calling for Revolutionary Approach to Cyber Security

In the joint release of the first-annual 2017 TAG Cyber Security Annual — Practical Handbook and Reference Guide for the Working Cyber Security Professional, Attivo Networks gets recognized as a distinguished vendor. The guide is an industry collective of 48 of the nation’s foremost cyber security vendors published by The Amoroso Group (TAG Cyber).

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