Put Defences In Place Now As Malware And Identity Fraud Surge – Charles Leaver

By | October 22, 2014

This post has been composed by Charles Leaver, CEO Ziften Technologies.

In a report it was exposed that breaches of customer data suggests that there are more and more identity thefts being performed nowadays. This is extremely alarming for everyone.

The report was carried out by the National Consumers League and it exposes that in the year 2013, around 33% of consumer data breaches caused identity fraud, and this means that the figure has actually tripled since 2010. This distressing rise can be explained by some clear reasons. Cyber bad guys are using far more sophisticated methods now and there is an absence of cyber attack laws that require organizations to divulge when they have had an attack. To make matters worse there are few companies using endpoint detection and response systems to secure their data. All this means that we are going into a climate where consumers are discovering that their data is continuously under attack by deceitful hackers.

John Breyault, who belongs to the National Consumers League, mentioned that cyber attack breach legislation like the one operating in California can help with the minimization of breach fall outs by mandating the organizations that have actually been infiltrated to quickly get the word out.

He went on to state that after a breach prompt notification is required so that individuals can conduct a “harm analysis” once they know about an attack. This is everyone’s right and at the moment the type of problem that would set a notice in motion stays really broad.

Sadly, it is not just identification theft that is under the spotlight. A different report revealed that malware is now more common than it ever was.

Every Third Computer Has A Malware Infestation According To A Report

 

The Anti Phishing Workers Group published a report stating that malware was likely to be present in up to a third of the computer systems throughout the world by the final quarter of 2013. This is a substantial boost when compared to the previous quarter says Tech News World. The technical director of a security lab that investigates cyber attacks, Luis Corons, said that brand-new malware strains are being created at an incredibly rapid pace and that malware infections might rise even further.

He mentioned that the creation of new malware samples has just skyrocketed and it has actually doubled from the final quarter of 2013 to the very first quarter of 2014.

The findings of these 2 reports highlights the fact that there is no room for complacency in organizations when it concerns security. Every organization has to sure up its endpoint detection and response systems or face the fact that a cyber attack is increasingly most likely to be coming their way.

 

 

 

 

 

Charles Leaver

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