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Businesses Struggle To Keep Up With Increased Cyber Security Threats

As the threat of cyber attacks against businesses continues to surge, 93% of security operations centre managers indicate they are unable to triage all potential cyber threats.

Organisations surveyed in the latest Intel Security McAfee Labs Threats Report also reported they are unable to fully investigate a quarter of the security alerts they receive. While most organisations indicated they are aiming to enact a proactive approach to cyber security, many continue to operate reactively.

“Thankfully we’re seeing that overall business attitudes to cybersecurity are maturing, but with a quarter of businesses telling us they are still operating in a reactive mode, there’s a long way to go, especially given the fact that two thirds of organisations say they saw an increase in incidents this year,” said Intel Security’s APAC VP Daryush Ashjari.

Malware samples dropped 21% from the second quarter of the year, but overall the number has increased by 29% this year. The spread of the Bundlore adware family on Mac OS devices saw new malware increase by 637% on the operating system in Q3.

“Combined with the fact that we saw new ransomware samples increase by 80% during 2016, this suggests that there is an ever increasing need for visibility and proactivity when it comes to security,” Mr Ashjari added.

Mobile malware has increased 138% over the past year, with Australia experiencing a 2% increase in attacks. Macro malware primarily affecting Microsoft Word increased by almost a third last quarter, while spam emails from botnets decreased by 19% in Q3.

More information can be found in the December 2016 McAfee Labs Threats Report.

 

 

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