Cyber Espionage Incidents Triple: Verizon Report - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Government // Cybersecurity

Cyber Espionage Incidents Triple: Verizon Report

As cyber espionage grows quickly, government agencies become the No. 1 target, finds 2014 Data Breach Investigations Report.
3 of 3

Source: Verizon 2014 Data Breach Investigations Report
Source: Verizon 2014 Data Breach Investigations Report

3 of 3
Comment  | 
Print  | 
Comments
Newest First  |  Oldest First  |  Threaded View
asksqn
50%
50%
asksqn,
User Rank: Ninja
4/29/2014 | 4:34:55 PM
Whatever happened to accountability?
That a law must be passed to compel federal agencies to be transparent in order to track breaches is astonishing to me.  
WKash
50%
50%
WKash,
User Rank: Author
4/22/2014 | 3:59:50 PM
Re: Caution with the numbers
pfretty, thanks for making the added point: Sometimes, its easy to focus too much on the numbers and miss the larger message.  Your point that leading infrastructure sectors have been targeted more than retail and consumer sectors is an important part of that message, and one worth heeding.  Of note: see our story this week on the Cybersecurity Framework for Critical Infrastructure: Protecting Critical Infrastructure: A New Approach  and Sensitive Data: What Constitutes 'Reasonable Protection'?

 
pfretty
50%
50%
pfretty,
User Rank: Ninja
4/22/2014 | 3:44:46 PM
Re: Caution with the numbers
The actual numbers themselves are not as important as the overarching message -- in a data-based society, we need to pay more attention to accesspoints. According to the 2013 HP Ponemon Cost of Cyber Crime report (http://www.hpenterprisesecurity.com/ponemon-study-2013), all industries fall victim to cybercrime, but to different degrees. The report breakd out the average annualized cost of cyber crime appears by industry segment, and organizations in defense, financial services, and energy and utilities experience substantially higher cyber crime costs than organizations in retail, media and consumer products. Simply put hackers are under far more targeted campaigns while utilizing higher levels of sophistication. 

Peter Fretty, j.mp/pfrettyhp
WKash
50%
50%
WKash,
User Rank: Author
4/22/2014 | 1:16:29 PM
What's new about the espionage incidents
One of the other interesting points raised by the Verizon team in their findings on espionage is the fact that while spear phishing, via mostly email, remains the most often used method by hackers to break into a system, there has been a notable rise in strategic web compromises as a method of gaining initial access.
WKash
50%
50%
WKash,
User Rank: Author
4/22/2014 | 1:07:51 PM
Caution with the numbers
I think the narrative in the Verizon report says it well:

"Before someone concludes we're asserting a vast increase in
espionage in 2013, we're quite sure countless organizations
have been consistently targeted for several years. Instead,
we attribute this increase primarily to our ever-expanding set
of contributors conducting research in this area, along with
more community information sharing that improves discovery
capabilities. Like a streetlight illuminating cars parked along
the street, more contributors allow us to see more cars.
Unfortunately, we can also see that those cars have broken
windows and stolen stereos."
Commentary
What Becomes of CFOs During Digital Transformation?
Joao-Pierre S. Ruth, Senior Writer,  2/4/2020
News
Fighting the Coronavirus with Analytics and GIS
Jessica Davis, Senior Editor, Enterprise Apps,  2/3/2020
Slideshows
IT Careers: 10 Job Skills in High Demand This Year
Cynthia Harvey, Freelance Journalist, InformationWeek,  2/3/2020
White Papers
Register for InformationWeek Newsletters
Video
Current Issue
IT 2020: A Look Ahead
Are you ready for the critical changes that will occur in 2020? We've compiled editor insights from the best of our network (Dark Reading, Data Center Knowledge, InformationWeek, ITPro Today and Network Computing) to deliver to you a look at the trends, technologies, and threats that are emerging in the coming year. Download it today!
Slideshows
Flash Poll