Data Breaches May Be Worse Than Reported

By Samuel Greengard
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    The Complexity Challenge

    The Complexity Challenge

    67% of respondents said the complexity of malware is a major challenge and the volume of attacks is troublesome.

Despite the growing awareness of cyber-attacks and the increasingly sophisticated tools and technologies available to combat data breaches, the problem is getting worse. What's more, organizations face steep challenges in dealing with cyber-attacks, and many are underreporting incidents, according to a recently released research report from ThreatTrack. The company polled 200 security professionals in U.S. enterprises and found that 57 percent had experienced a data breach that they did not disclose. Moreover, 72 percent said that addressing malware is equally or more difficult this year than it was last year. Part of the problem is that the nature of data breaches is growing more diverse and affecting firms on a wider scale. As a result, enterprises are struggling to keep up. "Every day, malware becomes more sophisticated, and U.S. enterprises are targeted for cyber-espionage campaigns from overseas competitors and foreign governments," says ThreatTrack CEO Julian Waits, Sr. "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." Here's a look at today's threats and how organizations are dealing with cyber-attacks and breaches.

This article was originally published on 2013-11-22
Samuel Greengard is a freelance writer for Baseline.
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