Close
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Subscribe
Logo
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Subscribe
    Home Latest News
    • Small Business

    Businesses Face Increase in Targeted Attacks

    Written by

    eweekdev
    Published October 27, 2014
    Share
    Facebook
    Twitter
    Linkedin

      eWEEK content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

      Targeted attacks are on the rise and companies that don’t take the necessary steps to secure their IT infrastructure could incur a massive financial blow, according to a Kaspersky Lab and B2B International survey.

      The study found 94 percent of organizations encountered at least one cyber-security incident in the past 12 months, and of these incidents, the number of organizations that reported having at least one targeted attack rose substantially.

      Twelve percent of respondents indicated that they experienced at least one targeted attack in the past year–up from the 9 percent reported in Kaspersky Lab’s 2012 and 2013 studies.

      “The survey results highlight how damages from one successful targeted attack could cost a small business as much as $84,000. As a result, a targeted attack stands as one of the largest threats to a small business and can be crippling for their organization,” Chris Doggett, managing director of Kaspersky Lab North America, told eWEEK. “Unfortunately, we see that many businesses of all sizes are unprepared to face a targeted attack. Small businesses also face the challenge of both a lack of resources and, in many cases, do not have an internal IT security expert with the knowledge to combat today’s sophisticated threats. As a result, it is very important for small businesses to invest in effective technology to help protect their organization.”

      The survey found that large companies in particular see targeted attacks as a major threat, with 38 percent of companies with 1,500-5,000 employees, and 39 percent of companies with more than 50,000 employees naming targeted attacks as their No. 1 concern.

      Midsize and small businesses were only moderately less concerned, with 34 percent of the respondents naming protection against targeted attacks as a key priority.

      Doggett said one of the major stumbling blocks for small businesses is that companies do not take the security knowledge they obtain and turn that insight into action by investing in technology, creating effective security policies and educating employees about cyber-security.

      More than one-third (34 percent) of companies named the protection of confidential data, such as client data, financial data and other kinds of information, against targeted attacks as a key problem for IT management teams.

      “It’s time for organizations to take that knowledge and use it to better secure their IT infrastructure,” he said.

      Doggett also explained complex cyber-espionage campaigns and APTs will continue to be battlegrounds where cyber-criminals will defeat enterprise security measures and pillage corporate assets.

      “As a result, large companies will increase their emphasis on security intelligence and threat detection in the coming year,” he noted. “In addition, the prevalence of cyber-espionage campaigns designed to steal intellectual property assets of large companies will increase, driving a focus on the efficacy of technologies to detect and block such attacks.”

      eweekdev
      eweekdev
      https://www.eweek.com

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      MOST POPULAR ARTICLES

      Artificial Intelligence

      9 Best AI 3D Generators You Need...

      Sam Rinko - June 25, 2024 0
      AI 3D Generators are powerful tools for many different industries. Discover the best AI 3D Generators, and learn which is best for your specific use case.
      Read more
      Cloud

      RingCentral Expands Its Collaboration Platform

      Zeus Kerravala - November 22, 2023 0
      RingCentral adds AI-enabled contact center and hybrid event products to its suite of collaboration services.
      Read more
      Artificial Intelligence

      8 Best AI Data Analytics Software &...

      Aminu Abdullahi - January 18, 2024 0
      Learn the top AI data analytics software to use. Compare AI data analytics solutions & features to make the best choice for your business.
      Read more
      Latest News

      Zeus Kerravala on Networking: Multicloud, 5G, and...

      James Maguire - December 16, 2022 0
      I spoke with Zeus Kerravala, industry analyst at ZK Research, about the rapid changes in enterprise networking, as tech advances and digital transformation prompt...
      Read more
      Video

      Datadog President Amit Agarwal on Trends in...

      James Maguire - November 11, 2022 0
      I spoke with Amit Agarwal, President of Datadog, about infrastructure observability, from current trends to key challenges to the future of this rapidly growing...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2024 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.