2014: cyber-attack volumes will continue to rise, no business is immune

Wednesday 27 November 2013 10:32 CET | News

Keeping business systems safe and protecting the data that they hold has never been more difficult to achieve, according to a report by market research company Ovum.

The report, dubbed Security 2014 Trends to Watch, unveils that attack volumes will continue to rise and no business should consider itself immune, any type of organization can be targeted. Even the best-protected government, military and business systems have already been breached and in 2014 they will to be put under further pressure.

The same source reveals some of the main actions that need to be taken in order to address cyber security in 2014:
• More proactive protection is needed to address the cyber security time bomb.
• Security-as-a-service will be the way forward for a growing number of organisations.
• Cloud and mobility will change the way we approach IT security and user protection.

Results also point out that in 2014, cyber espionage and state-sponsored threats will continue to make headlines, but the concerning underlying trend is that similar technology can and will be used against ordinary businesses.

The enterprise organisations will need to gain positive advantages from security intelligence, Big Data analytics and the ability to understand threat priorities and the actions needed to sustain the well-being of the organisation and its users.

Ovum believes the need for better security will be driven by operational demands, including the use of technology that makes business information more readily available and consequently more vulnerable to cyber-attacks. Increasing use of cloud-based services, user mobility and multiple devices is adding complexity to security, particularly identity management requirements.

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Keywords: Cyber-attack, online fraud, data protection
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime