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Cyber Threats Hit Record Levels


Cyber Threats Hit Record Levels
Date: 17th January 2014

by Joanne Herman

Cyber threats and vulnerabilities have reached their highest level for more than a decade, networking equipment specialist Cisco's latest security study reveals. According to the Cisco 2014 Annual Security Report, which became available this week, cumulative annual alert totals rose by 14% on the year in October 2013. The IT major says that the malicious activity witnessed is at its highest level since the firm began tracking it back in 2000 as the targets of such attacks are failing to address the challenges of the quickly evolving threat landscape.

According to the report, there is a dire need for security professionals worldwide. This, coupled with the lack of adequate systems at most enterprises, leaves organisations without the necessary resources to address cyber attacks. Cisco has estimated that the global shortage of security experts will exceed one million this year.

A startling finding of the study is that all 30 of a sample of the biggest multinational company networks generated visitor traffic to websites with malware, with 96% reviewing communicated traffic to hijacked servers and 92% transmitting traffic to empty web pages, which is also usually associated with exposure to malicious activity, Cisco noted.

And it seems that malicious attacks are widening their scope among verticals. In the past two years, sectors that had remained relatively unscathed by malicious breaches, such as agriculture and mining, witnessed a substantial rise in malware encounters, the IT company said.

The research found that Multipurpose Trojans prevailed in web-delivered malware last year, accounting for 27% of all encounters, and, among programming languages, Java is still the primary target of online criminals.

In addition, Android turned out to be by far the most targeted mobile platform, accounting for 99% of all mobile malware.

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