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61% IT Professionals Report Data Breaches: McAfee

In Asia-Pacific countries, intellectual property theft is of greater concern than personally identifiable information, the study said

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McAfee
Sensitive data in Cloud more exposed than organisations think: McAfee. IANS

IT security professionals are struggling to secure their organisations and protect them against breaches with 61 per cent claiming to have experienced a data breach at their current employer, says a new report from global cyber security firm McAfee.

Data is now being stolen by several methods, with no single technique dominating the industry.

The top vectors used to appropriate data are database leaks, Cloud applications and removable USB drives, said the report titled “Grand Theft Data II — The Drivers and Shifting State of Data Breaches”.

Data breaches are becoming more serious as cyber criminals continue to target intellectual property, putting the reputation of company brand at risk and increasing financial liability, the results showed.

“Threats have evolved and will continue to become more sophisticated,” Candace Worley, Vice-President and Chief Technical Strategist at McAfee, said in a statement.

Logo of McAfee
Logo of McAfee. Flickr

“Organisations need to augment security measures by implementing a culture of security and emphasising that all employees are part of an organisation’s security posture, not just the IT team,” Worley said.

For the study, data was collected via online interviews of IT professional in several countries, including India, between 12 and December 31, 2018. To qualify for the survey, organisations had to have more than 1,000 employees.

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According to results, personally identifiable information is of greater concern in Europe, most likely due to enforcement of the General Data Protection Regulation (GDPR).

In Asia-Pacific countries, intellectual property theft is of greater concern than personally identifiable information, the study said. (IANS)

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McAfee Announces Acquisition of Cloud Security Startup NanoSec for An Undisclosed Sum

The acquisition of NanoSec will strengthen the container security capabilities of McAfee MVISION Cloud and MVISION Server Protection products

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McAfee, Cloud, Security
Founded by Chief Executive Officer Vishwas Manral in 2015, NanoSec has its offices in Bengaluru and California. Pixabay

Global cyber security firm McAfee on Friday announced the acquisition of cloud security startup NanoSec for an undisclosed sum.

Founded by Chief Executive Officer Vishwas Manral in 2015, NanoSec has its offices in Bengaluru and California.

The acquisition of NanoSec will strengthen the container security capabilities of McAfee MVISION Cloud and MVISION Server Protection products, giving its customers the ability to speed up application delivery while enhancing governance, compliance and security of their hybrid, multi-cloud deployments, McAfee said.

NanoSec’s security capabilities will be applied to applications and workloads deployed in containers and Kubernetes and will be integrated into McAfee MVISION Cloud and MVISION Server Protection offerings.

McAfee, Cloud, Security
Global cyber security firm McAfee on Friday announced the acquisition of cloud security startup NanoSec for an undisclosed sum. Pixabay

These capabilities include continuous configuration compliance and vulnerability assessment as well as runtime application-level segmentation for detecting and preventing lateral movement of threats.

“NanoSec’s team brings a wealth of experience to McAfee, and together we are committed to enabling organizations to reach their full cloud potential,” said Rajiv Gupta, Senior Vice President and General Manager of the cloud security business unit, McAfee.

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“Joining forces with McAfee means that our groundbreaking capabilities including our unique application-identity based approach for app-level protection and micro-segmentation will be available on a global scale,” said Vishwas Manral, founder and CEO of NanoSec.  (IANS)