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Report reveals businesses losing ground to hackers

Hackers are becoming an increasing threat to businesses, which must innovate and strengthen their cyber security processes in order to protect themselves.

This is according to the 2016 Cisco Annual Security Report (ASR), which was released yesterday (January 19th). Assessing the current global cyber security landscape, the report shed light on the worrying trend of bold, flexible hackers on a landscape of businesses struggling to keep up and defend themselves.

Indeed, the report outlines that cyber defence teams face multiple challenges, including getting to grips with rapid digital changes across the world, speeding up detection and ensuring businesses and staff are educated correctly.

The global landscape presents challenges in more ways than one. The report particularly points to a lack of cohesive internet governance strategies across nations, which acts as a barrier towards working together for a stronger defence.

What's more, hackers are becoming ever-more varied in their approaches, combining old and new techniques and even, in some cases, resembling legitimate businesses.

Among the key problems highlighted by the ASR is the use of outdated systems. What this does is create weak spots, such as unpatched servers, which give hackers an easy way to attack, using old malware to infiltrate easily.

"We simply cannot continue to create technical debt, leaving systems unpatched, critical services exposed, and application services open to attack. These are what we can control, and yet the data shows we aren't succeeding," cautions senior vice-president, chief security and trust officer at Cisco John Stewart in a blog announcing the ASR's release.

The report also showed that there has been a sharp increase in the use of compromised WordPress servers, which support phishing attacks, ransomware and more.

Security is certainly a prominent concern in the current climate. At the end of last year, executive director of the European Union Agency for Network and Information Security Udo Helmbrecht spoke to Euobserver, expressing concerns that the increasing popularity for the Internet of Things may correspond to a rise in cyber security threats.ADNFCR-1186-ID-801810443-ADNFCR

Report reveals businesses losing ground to hackers - Article Discussion

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