LAS VEGAS, NV -- (Marketwired) -- 08/05/14 -- Cisco (NASDAQ: CSCO) - The Cisco 2014 Midyear Security Report, released today at Black Hat U.S. (Cisco Booth #611), examines the "weak links" in organizations that contribute to the increasingly dynamic threat landscape. These weak links -- which could be outdated software, bad code, abandoned digital properties, or user errors -- contribute to the adversary's ability to exploit vulnerabilities with methods such as DNS queries, exploit kits, amplification attacks, point-of-sale (POS) system compromise, malvertising, ransomware, infiltration of encryption protocols, social engineering and "life event" spam.
The report also shows that focus on only high-profile vulnerabilities rather than on high-impact, common and stealthy threats puts these organizations at greater risk. By proliferating attacks against low-profile legacy applications and infrastructure with known weaknesses, malicious actors are able to escape detection as security teams focus instead on boldface vulnerabilities, such as Heartbleed.
Researchers closely examined 16 large multinational organizations, who, as of 2013, collectively controlled over $4 trillion in assets with revenues in excess of $300 billion. This analysis yielded three compelling security insights tying enterprises to malicious traffic:
About the Report
The Cisco 2014 Midyear Security Report examines threat intelligence and cybersecurity trends for the first half of 2014 and was developed by security research experts who are part of the Cisco Collective Security Intelligence (CSI) ecosystem. Cisco CSI is shared across multiple security solutions and provides industry-leading security protections and efficacy. In addition to threat researchers, CSI is driven by intelligence infrastructure, product and service telemetry, public and private feeds and the open source community.
The Cisco CSI ecosystem includes the newly combined Talos Threat Intelligence and Research Group, which is a combined team from the previous Cisco Threat Research and Communications (TRAC) team, the Sourcefire Vulnerability Research Team (VRT) and Cisco Security Applications (SecApps) group. Talos' expertise spans software development, reverse engineering, vulnerability triage, malware investigation and intelligence gathering and maintains the official rule sets of Snort.org, ClamAV, SenderBase.org and SpamCop.
John N. Stewart, senior vice president, chief security officer, Cisco, said: "Many companies are innovating their future using the Internet. To succeed in this rapidly emerging environment, executive leadership needs to embrace and manage, in business terms, the associated cyber risks. Analyzing and understanding weaknesses within the security chain rests largely upon the ability of individual organizations, and industry, to create awareness about cyber risk at the most senior levels, including Boards -- making cybersecurity a business process, not about technology. To cover the entire attack continuum -- before, during, and after an attack -- organizations today must operate security solutions that operate everywhere a threat can manifest itself."
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