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One-fourth of Indian Companies Could Not Detect Any Cyber Attack in The Year 2018

F-secures's detection and response solutions detected 15 threats in a single month at a company with 1,300 endpoints and seven threats in a single month at a company with 325 endpoints

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Image source: wordpress.com

Nearly 14.5 per cent of Indian companies could not detect any cyber attacks last year as finance and Information and communications technology (ICT) companies detected most attacks globally, a new report said on Tuesday.

According to cyber security provider F-Secure, there was a significant increase in attack traffic in the latter half of 2018.

“While attacks are increasing, it seems many companies are struggling with incident detection. Nearly 22 per cent of companies did not detect a single attack in 2018 globally,” said the report.

Cyberattacks
An employee works near screens in the virus lab at the headquarters of Russian cybersecurity company Kaspersky Labs in Moscow, July 29, 2013. VOA

“Today’s threats are completely different from 10 or even 5 years ago. Preventative measures and strategies won’t stop everything any more, so I’ve no doubt that many of the companies surveyed don’t have a full picture of what’s going on with their security,” said Leszek Tasiemski, Vice President of Cyber Security Product (Research & Development), at F-Secure.

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The F-Secure survey found that 20 per cent of respondents detected a single attack during the last 12-month period and 31 per cent detected 2-5 attacks.

F-Secure’s detection and response solutions detected 15 threats in a single month at a company with 1,300 endpoints and seven threats in a single month at a company with 325 endpoints. (IANS)

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More Than 76% Indian Companies Hit by Cyber Attacks in Year 2018

More than 18 per cent threats discovered in India are on mobile devices, which is almost double than the global average

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Over 76 per cent organisations in India were hit by cyber attacks in 2018 as IT security continued to be a major issue across the globe, global cyber security major Sophos said on Wednesday.

According to Sophos’ “7 Uncomfortable Truths of Endpoint Security” survey, IT managers are more likely to catch cyber criminals on their organisation’s servers and networks than anywhere else.

IT managers discovered 39 per cent of their most significant cyber attacks on their organisation’s servers and 34.5 per cent on its networks.

The survey was conducted on 3,000 IT decision-makers from mid-sized businesses in 12 countries including the US, Canada, Mexico, Colombia, Brazil, the UK, France, Germany, Australia, Japan, India and South Africa.

Cyberattacks
An employee works near screens in the virus lab at the headquarters of Russian cybersecurity company Kaspersky Labs in Moscow, July 29, 2013. VOA

More than 18 per cent threats discovered in India are on mobile devices, which is almost double than the global average.

Also, 92 per cent Indian IT managers wished they had a stronger team in place to properly detect, investigate and respond to security incidents.

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“Server security stakes are at an all-time high with servers being used to store financial, employee, proprietary and other sensitive data. Today, IT managers need to focus on protecting business-critical servers to stop cyber criminals from getting on to the network,” Sunil Sharma, Managing Director, Sales at Sophos India and SAARC, said in a statement.

“They can’t ignore endpoints because most cyber attacks start there, yet a higher than expected amount of IT managers still can’t identify how threats are getting into the system and when.” (IANS)