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The "Year of the Breach"

Posted on 12.09.2014

With some of the nation’s largest businesses recently coming under cyber-attacks, it’s vital that every businesses, no matter how small or large, not only strengthen their immediate protection but also work to guard against future attacks.

Trustwave has recently released their latest report dubbed “2014 State of Risk Report” that details digital security weaknesses.

The report, conducted in more than 50 countries from July 2013 to November 2014, contains the findings from a survey of 476 IT professionals about security weaknesses within their businesses. One of the main findings from the survey was that while 81 percent of businesses store and process financial data and 71 percent store intellectual property, 63 percent of businesses do not have a “fully mature” method to control and track sensitive data and 19 percent have none at all.

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However with the recent high profile security breaches, perhaps the most important finding from the report was the amount of businesses that do not perform regular security awareness training. In fact, Trustwave found that 21 percent of businesses never perform regular security awareness training.

The report also goes into detail on incident response and readiness, vulnerability management and data loss prevention.

“With some declaring 2014 as the “Year of the Breach,” we may one day look back and also remember it for the year that information security once and for all left the territory of the technical and became a full-on business imperative,” states the report. “After all, how can such a move not be at least imminent?”

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