theDocumentId => 1327680 Only 25% Companies Equipped To Handle Data Breaches

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Attacks/Breaches

12/9/2016
11:15 AM
50%
50%

Only 25% Companies Equipped To Handle Data Breaches

Research by Tripwire on cybersecurity challenges reveals only 3% organizations outsource security issues to experts.

A survey by Tripwire has revealed that despite a hike in IT budgets, companies continue to struggle with cybersecurity: just one quarter of respondents say they have the ability to handle data breaches.

The purpose of the study was to identify key cybersecurity challenges faced by companies, as many continue to lack the expertise required to respond to breaches.

Tripwire found that just 3% of organizations outsource security issues to experts, with 39% saying their security teams take weeks to effectively correlate data and security alerts. Just over 20% say they can do so in near real-time.

"Using the tools at hand to prioritize alerts can save precious time in responding to an incident," said Tim Erlin of Tripwire. "Putting the right contextual data at the analyst’s fingertips can allow one person to simply get more done in a shorter period of time."

For survey details, click here.

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RetiredUser
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RetiredUser,
User Rank: Ninja
12/10/2016 | 12:31:50 PM
Free-Open Source Software and White Hats a Solution
I'm one of those guys that believes the moniker "company" immediately makes you succeptable to bloat.  In other words, you are likely to fall prey to the allure of "Enterprise" software.  And this is where the problem is, I think, for that 75% of companies who don't feel equipped.  Many of them don't have the budget to secure the big guns, from hardware to software, so they settle on less secure options.  Yet, it doesn't have to be that way.  The number of white hat security engineers out there is growing, and just as a "company" can be two coders and a garage, so can a decent security team be one hacker and a host of free and open source software (FOSS) tools. Thousands of Internet startups and FOSS projects have proven you can do business in a way that is secure without spending millions on hardware and software, and thousands on operational contracts.  So why not this model for small businesses who may not necessarily be tech savvy, but also are more "mom and pop" style organizations and can't afford the most vocal of the expensive security applications and firms? Either hire the white hat in-house, or contract out for initial build and release, then a small contract for incident resolution?  There are so many options out there other than commercial software packages that it is frankly mind-numbing.  Perhaps it comes down to trust and whether anyone who takes on the label "hacker" can be trusted.  Considering the non-technical human element is often the first security weakness a company has, perhaps this should be less of a concern.  And, who better to weed out social engineers than white hats who have boots on the ground...
nogurenn
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50%
nogurenn,
User Rank: Apprentice
12/12/2016 | 8:34:09 PM
On Cybersecurity Funding
At the least, we should acknowledge that the gap between cybersecurity and customers/users is so wide that increasing budgets just now doesn't seem like it helps. The gap is also wide enough such that paying for IT security is damn expensive for anyone. It's not a simple short-term gap. Users and organizations are slowly catching up, but I don't know if the effort is enough before some sophisticated organization get to break the entire cyber-ecosystem.
JulietteRizkallah
50%
50%
JulietteRizkallah,
User Rank: Ninja
12/15/2016 | 9:59:40 AM
this 25% will drop rapidly in 2017
I predict a new type of data breach will flowed the corporate world in 2017: email, files and documents data breaches, in other words "unstructured data" which represents 80% of corporate data and is mostly left unsecured. Looking back at the election with the wikileaks email leaks, looking at the mega Yahoo breaches - yes two breaches blowing any type of record number breached, then it is clear hackers will once gain look at the weakest path to data theft. And right now, that is email, files stored, archived and shared.  Companies are already seeing that evolution and rushing to solution like Data Access Governance which helps secure unstrutured data. because securing corporate data does not stop with the data is in your systems and apps, it needs to consider ALL data.
rayray2016
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50%
rayray2016,
User Rank: Apprentice
12/18/2016 | 10:35:19 PM
Twenty Motion
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