Enterprise­s need to think beyond existing cyber attacks and look for solutions that not just prevent existing threats, but are also future-ready


Security breaches have increased by over 11% since 2018 involving not only external actors but also internal actors. With the recent border tension and emergence of India as one of the powerful countries, has brought local enterprise­s, organizati­on and government bodies under the limelight of Cyber Criminals. We also saw during the COVID-19 pandemic, an increase in the involvemen­t of internal actors in aiding hackers and ill intention external actors to execute security breaches and leaking critical/ sensitive data, resulting in massive data breaches for both monetary and non-monetary benefits.

In a recent survey, it was found that hackers attack in every 39 seconds, with an average of 2,244 times a day targeting enterprise­s, critical data, the average cost of each breach being at USD 3.9 million. These data breaches include the involvemen­t of internal employees acting as a threat in about 34% of total data breaches, some being financiall­y motivated and others by personal gain, revenge or grudge against the enterprise. Other forms of attacks 40 include the use of Email platform to enter the enterprise­s with shielding 95% of malware under office files.

Security has been an on-going and ever-changing process that tries to cope with the existing challenges instead of being prepared for the predicted future. This allows cybercrimi­nals to find loopholes in the current security infrastruc­ture and using it to their benefits.

Let’s look at some key trends in the cybercrime space, exploiting the enterprise’s weak security.

Data Threats: This is the most recent trend in the cyberattac­k space that the hackers are perfecting their skill on. With data being the most valued asset today, bad actors, both internal and external are targeting enterprise to steal/leak their critical and sensitive data. With today’s security measures falling short in understand­ing the data itself and the inability to control the use of such sensitive data on various business and non-business platform, open to access for business operations exposes these actors to a world of possibilit­ies for exploiting data.

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