Cisco Midyear Security Report Reveals Sophisticated Cyberattacks

The Cisco 2015 Midyear Security Report released, which analyzes threat intelligence and cybersecurity trends, reveals the critical need for organizations to reduce time to detection (TTD) in order to remediate against sophisticated attacks by highly motivated threat actors. The Angler Exploit Kit represents the types of common threats that will challenge organizations as the digital economy and the Internet of Everything (IoE) create new attack vectors and monetization opportunities for adversaries.

The report shows that new risks associated with Flash, the evolution of ransomware, and the Dridex mutating malware campaign, reinforce the need for reduced time to detection. With the digitization of business and the IoE, malware and threats become even more pervasive, which shines a light on the security industry’s estimates of 100 to 200 days for TTD? In contrast, the average TTD for Cisco Advanced Malware Protection (AMP), with its retrospective analysis of attacks that make it past existing defenses, is 46 hours.

The findings also underscore the need for businesses to deploy integrated solutions vs. point products, work with trustworthy vendors, and enlist security services providers for guidance and assessment. Further, geopolitical experts have declared that a global cyber governance framework is needed to sustain economic growth.

Watch the video of John Chambers, Cisco Chairman and John N. Stewart, Cisco SVP and Security & Trust Officer discuss the Top Insights from 2015 Cisco Midyear Security Report.

John N. Stewart, senior vice president, chief security and trust officer, Cisco, said, “Organizations cannot just accept that compromise is inevitable, even if it feels like it today. The technology industry must up the game and provide reliable and resilient products and services, and the security industry must provide vastly improved, yet meaningfully simplified, capabilities for detecting, preventing, and recovering from attacks. This is where we are leading. We are regularly told that business strategy and security strategy are the top two issues for our customers, and they want trusted partnerships with us. Trust is tightly linked to security, and transparency is key so industry-leading technology is only half the battle. We’re committed to providing both: industry-defining security capabilities and trustworthy solutions across all product lines.”