Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

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Unpatched Vulnerabilities Caused Breaches in 27% of Orgs, Finds Study

In May 2019, Verizon Enterprise released the 12th edition of its Data Breach Investigations Report (DBIR). Researchers analyzed a total of 41,686 security incidents, of which there were 2,013 data breaches, for the publication. More than half (52 percent) of those reported breaches involved some form of hacking. The report listed the most prominent hacking variety and vector combinations, with “vulnerability exploitation” making the top three.

Cyber Security Trends in the Financial Sector

Financial gain is one of the most common motivations behind cyber-attacks, making the financial sector an attractive target for cyber criminals. Recently, it was reported that companies in finance lost nearly $20 billion due to cyber-attacks and breaches. Furthermore, it was reported that financial companies get attacked 2500x more than a typical business for a total of over one billion attack attempts in a single year. These attacks don’t just target financial institutions.

The Cloud SIEM market is validated by Sumo Logic, Microsoft, Google, and AWS

“Computers are bicycles for the mind,” said Steve Jobs once. Security Information and Event Management (SIEM) is biking uphill. Picture this: You cycle hard against the incline and ensure the bike holds up, all the while watching out for incoming traffic in blind turns. The worst part? The bike grinds to a halt when you stop pedaling. You simply can't coast on the steep hill of security operations.

Complexity as the Enemy of Security

In an ideal scenario, security would be baked into the development process from the very beginning. Security teams would primarily exist to verify that best practices have been followed at every step in the process. In practice, security is an enormous challenge for most organizations. This challenge is compounded by the increasingly complex and fast-paced nature of modern service-oriented architectures, such as Kubernetes.

How to Achieve CIA Triad?

Information security policy is a set of policies put forward by high ranking members of an organization to assure that all information technology users within the domain of that organization is its networks adhere to the same rules and guidelines related to the security of information that is transferred or stored at any point within the organization’s boundaries of authority.