KnowBe4 Issues 2018 Threat Impact and Endpoint Protection Report>
ResponseSource – Shefi Ben-Hutta
Cybersecurity startup CounterFlow AI announced it has raised $2.7M in seed funding from Osage University Partners, the Charlottesville Angel Network, and a number of individual investors who also supported the foundersâ previous venture, nPulse Technologies (acquired by FireEye in 2014). CounterFlow AI is using streaming machine learning technology at the network edge to help cyber defenders more quickly find and remove network threats Specific findings included: Ransomware Attacks – Organisation Size & Industry: Midmarket organisations (1,000-5,000 employees) were hit the hardest with ransomware in 2017, with 29% indicating they experienced a ransomware attack. Organisations in manufacturing, technology and consumer-focused industries experienced the most ransomware attacks. – Productivity Impact: On average, 16 workstations, 5 servers and 22 users within an organisation were affected in a given attack with an average downtime of 14 hours. The organisations with the most downtime hours were mid-market and enterprise (5000+ employees) organisations. – Data Impact: The more critical the data is to an organisation, the higher likelihood of the ransom being paid. Ninety-seven percent of organisations stated that encryption impacted common Office-type files which included critical, sensitive and proprietary data. However, it is important to note that organisations are realizing the value in maintaining backup copies of their data, with 61% recovering server data from backups and 35% recovering workstation data from backups. – Cost Impact: While most organisations do not pay the ransom, the ransoms ranged from $500 to $1 Million (USD). Most bitcoin-related ransoms were 1-3 bitcoins, ranging from $600 to $11,000. External Malware Attacks – Organisation Size & Industry: On average, 24% of all organisations experienced an external attack in the last 12 months, with consumer-focused businesses, non-profits, technology and professional services being hit the hardest. Of those hit in 2017, 28% were hit in 2016. – Productivity Impact: The number of systems impacted during an external attack was far more than a single endpoint; the average malware-based external attack impacted 5 workstations and one server. – Data Impact: Organisations with documented breaches varied in the number of records breached. The average number of records breached was slightly higher than 15,000. The organisations with the highest number of record breaches, which went up to 100K, were mid-market and enterprise organisations. Prevention – Implementation of Security Software: 89% implementation, up from last year’s total of 76%. – Break Room-Style Training: 36% implementation, up from last year’s total of 28%. – Monthly Training Videos and Emails: 52% implementation, up from last year’s total of 26%. – Regular Phishing Tests: 57% implementation, up from last year’s total of 36%. – Security Assessment Training & Testing: 54% implementation, up from last year’s total of 34%.
Link: https://pressreleases.responsesource.com/news/95053/knowbe4-issues-2018-threat-impact-and-endpoint-protection-report/