{"id":8385,"date":"2015-06-04T12:30:48","date_gmt":"2015-06-04T16:30:48","guid":{"rendered":"http:\/\/blog.nccomputertech.com\/?p=8385"},"modified":"2015-06-04T12:30:48","modified_gmt":"2015-06-04T16:30:48","slug":"security-breaches-a-monthly-headache-for-firms-deliberate-targeting-on-the-rise-cost-of-cleaning-up-doubles","status":"publish","type":"post","link":"https:\/\/nccomputertech.com\/techtalk\/2015\/06\/04\/security-breaches-a-monthly-headache-for-firms-deliberate-targeting-on-the-rise-cost-of-cleaning-up-doubles\/","title":{"rendered":"Security breaches a monthly headache for firms, deliberate targeting on the rise, cost of cleaning up doubles"},"content":{"rendered":"

\"\"<\/a><\/p>\n

Image: Wessel du Plooy\/iStock <\/span><\/p>\n

A growing number of companies are being subjected to increasingly sophisticated attacks on their systems, as the cost of recovering from these assaults continues to rocket.<\/p>\n

According to the 2015 Information Security Breaches Survey report commissioned by the UK government, 90 percent of large organisations reported suffering a security breach last year, up from 81 percent the year before. Three-quarters of small organisations said they had suffered a breach in 2014, up from 60 percent the year before.<\/p>\n

The average large company had 14 security breaches last year – more than one per month – while smaller companies reported a lower level, at just four over a year.<\/p>\n

Virus attacks were the most common type of security issue, reported by 81 percent of large companies. But over half (57 percent) had been targeted by phishing attempts, a third (37 percent) had seen a denial of service attack, and nearly one in four (24 percent) said their networks had been breached by hackers.<\/p>\n

“Considering all breaches, there was a noticeable 38 percent year-on-year increase of unauthorised outsider attacks on large organisations, which included activities such as penetration of networks, denial of service, phishing and identity theft,” the report noted.<\/p>\n

Businesses are pessimistic about their abilities to keep crooks out: over half expected to see more breaches in future.<\/p>\n

The annual report, compiled by PWC, is a widely quoted snapshot of the security threats facing UK businesses.<\/p>\n

The study also found the average cost of the worst single breach suffered by the organisations surveyed has gone up sharply. For companies employing over 500 people, the cost of the breach – including business disruption, lost sales, recovery of assets, fines, and compensation – ranged from \u00a33.14m to \u00a31.46m on average. Last year, the range was \u00a31.15m to \u00a3600,000. For smaller firms, the range is from \u00a3310,800 to \u00a375,200; up from \u00a3115,000 to \u00a365,000 for the prior year.<\/p>\n

To illustrate the costs, the survey presented a number of anonymous case studies including a “medium sized technology company with UK operations” which found its systems infected malware after an employee used a company laptop to download files from peer-to-peer website. “It had a serious impact on business operations as it took over a week to recover. Over \u00a3100,000 in revenue was lost as a result of the incident and over \u00a3250,000 was spent on addressing the breach,” the report said.<\/p>\n

But for all this increasing sophistication of hackers trying to get in from the outside, the biggest threat still comes from within the organisation itself or its suppliers.<\/p>\n

When questioned about the single worst breach they had suffered, half of all organisations attributed it to ‘inadvertent human error’, compared to ‘organised crime’ which was reported as being responsible for 23 percent of incidents (no one admitted to being hacked by rival companies or by intelligence agencies).<\/p>\n

Perhaps unsurprisingly, companies of all sizes continue to spend more on IT security: 44 percent of businesses increased their security spending last year, and 46 percent of large businesses expect to do it again this year – while only seven percent of smaller ones said the same.<\/p>\n

via Security breaches a monthly headache for firms, deliberate targeting on the rise, cost of cleaning up doubles | ZDNet<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Image: Wessel du Plooy\/iStock A growing number of companies are being subjected to increasingly sophisticated attacks on their systems, as […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7,10],"tags":[159,575,655],"class_list":["post-8385","post","type-post","status-publish","format-standard","hentry","category-security","category-technology","tag-business","tag-it","tag-malware"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/papNkV-2bf","jetpack-related-posts":[{"id":8270,"url":"https:\/\/nccomputertech.com\/techtalk\/2015\/05\/12\/security-breaches-cost-the-us-healthcare-system-6-billion-each-year\/","url_meta":{"origin":8385,"position":0},"title":"Security breaches cost the US healthcare system $6 billion each year","author":"NCCT","date":"May 12, 2015","format":false,"excerpt":"Cyber attacks targeting the US healthcare system now cost the country roughly $6 billion per year. The uptick is directly related to organized crime units shifting their attention from financial firms and large retailers to healthcare providers. According to a report from Bloomberg, attacks against healthcare providers have more than\u2026","rel":"","context":"In "Security"","block_context":{"text":"Security","link":"https:\/\/nccomputertech.com\/techtalk\/category\/security\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7685,"url":"https:\/\/nccomputertech.com\/techtalk\/2015\/02\/27\/hackers-impersonating-it-staff-popular-tactic-in-data-breaches-fireeye-finds\/","url_meta":{"origin":8385,"position":1},"title":"Hackers impersonating IT staff popular tactic in data breaches, FireEye finds","author":"NCCT","date":"February 27, 2015","format":false,"excerpt":"Fresh FireEye research suggests that today's cyberattackers are becoming smarter about the systems they seek to break, and are commonly using impersonation and social engineering to tap into the most common weakness in the security chain -- employees. 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A law passed in 2009 requires data breaches\u2026","rel":"","context":"In "Networking"","block_context":{"text":"Networking","link":"https:\/\/nccomputertech.com\/techtalk\/category\/networking\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5671,"url":"https:\/\/nccomputertech.com\/techtalk\/2014\/06\/06\/one-in-seven-americans-were-notified-of-personal-data-breaches-last-year\/","url_meta":{"origin":8385,"position":3},"title":"One in seven Americans were notified of personal data breaches last year","author":"NCCT","date":"June 6, 2014","format":false,"excerpt":"Personal data theft has become an increasing concern for everyone, but according to a recent Consumer Reports survey, most US consumers do nothing to protect themselves even with data theft on the rise. The survey found that one in seven Americans, or around 45 million people, were notified that their\u2026","rel":"","context":"In "Networking"","block_context":{"text":"Networking","link":"https:\/\/nccomputertech.com\/techtalk\/category\/networking\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7464,"url":"https:\/\/nccomputertech.com\/techtalk\/2015\/01\/19\/travelers-beware-hackers-are-after-your-information\/","url_meta":{"origin":8385,"position":4},"title":"Travelers beware: Hackers are after your information","author":"NCCT","date":"January 19, 2015","format":false,"excerpt":"Frequent fliers get all the perks\u2014and all the attention from cyber criminals, apparently. United Airlines, American Airlines, and Park-n-Fly have all reported breaches in the past few days, pointing to an emerging trend of attacks targeted specifically at travelers. 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That\u2019s because Yahoo, unlike MySpace, LinkedIn and other online services that\u2026","rel":"","context":"In "Security"","block_context":{"text":"Security","link":"https:\/\/nccomputertech.com\/techtalk\/category\/security\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/nccomputertech.com\/techtalk\/wp-json\/wp\/v2\/posts\/8385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nccomputertech.com\/techtalk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nccomputertech.com\/techtalk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nccomputertech.com\/techtalk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/nccomputertech.com\/techtalk\/wp-json\/wp\/v2\/comments?post=8385"}],"version-history":[{"count":0,"href":"https:\/\/nccomputertech.com\/techtalk\/wp-json\/wp\/v2\/posts\/8385\/revisions"}],"wp:attachment":[{"href":"https:\/\/nccomputertech.com\/techtalk\/wp-json\/wp\/v2\/media?parent=8385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nccomputertech.com\/techtalk\/wp-json\/wp\/v2\/categories?post=8385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nccomputertech.com\/techtalk\/wp-json\/wp\/v2\/tags?post=8385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}