Welcome!

AJAX & REA Authors: Sebastian Kruk, Elizabeth White, Chris Pollach, PR.com Newswire

News Feed Item

Solutionary Security Engineering Research Team Unveils Annual Global Threat Intelligence Report

Majority of Attacks Launched Against U.S. Companies Originate From U.S.-Based Sources; DDoS and Malware Infection Recovery Costs Organizations Thousands of Dollars per Day; Report Includes Guidance on How to Obtain Security Budget

OMAHA, NB -- (Marketwire) -- 03/12/13 -- Solutionary, the leading pure-play managed security services provider (MSSP), today announced that the Solutionary Security Engineering Research Team (SERT) has produced the Solutionary Global Threat Intelligence Report (Solutionary GTIR). Available at http://go.solutionary.com/GTIR.html, the report provides deep insight into and analysis of cyberthreats that enterprises, governments and mid-market organizations faced throughout 2012; a look at costs associated with attack and recovery; and most importantly, actionable intelligence that enables organizations to make effective security decisions that reduce risk and defend against advanced threats. Additionally, the report provides an overview of how top security executives position the importance of security programs within their organizations in order to increase security budgets and obtain the resources needed to defend their organizations.

Click to Tweet: Global Threat Intelligence Report from @Solutionary available at http://go.solutionary.com/GTIR.html #Malware #ThreatIntelligence #InfoSec #GTIR

SERT based the Solutionary GTIR research on threat intelligence gathered from thousands of customers via the Solutionary ActiveGuard® service platform as well as from global threat intelligence sources and real-world interactions with customers in 14 industries across the globe. Below is a summary of some of the most salient findings:

  • DDoS and malware infection recovery is costing organizations thousands of dollars per day -- In case studies, it is revealed that organizations are spending as much as $6,500 per hour to recover from DDoS attacks and up to 30 days to mitigate and recover from malware attacks, at a cost of just over $3,000 per day. These amounts do not include revenue that may have been lost due to related systems downtime.

  • U.S. IP addresses are the largest source of attacks against U.S. organizations -- While there has been considerable discussion about foreign-based attacks against U.S. organizations, 83% of all attacks against U.S. organizations originate from U.S. IP address space, and the absolute quantity of these attacks vastly outnumbers attacks seen from any other country. One contributing factor is foreign attackers using compromised machines near attack targets in the U.S. to help evade security controls. This attack localization strategy has also been observed in attacks on targets in other countries.

  • Attackers from different countries focus on different industry targets -- 90% of all attack activity from China-based IP addresses is directed against the business services, technology, and financial sectors. 85% of all attack activity from Japan-based IP addresses identified by Solutionary was focused against the manufacturing industry. However, attacks targeting the financial sector appear to originate fairly evenly from attackers in many countries across the world.

  • Attack techniques vary significantly by country of origin -- Among the top four non-U.S. source countries of attacks, the majority of attack traffic from China is indicative of communication with already-compromised targeted devices, while Japanese and Canadian attackers appear to focus more on application exploit attempts. Attacks originating from Germany involve more botnet Command and Control (C&C) activity.

  • 75% of DDoS attacks targeted Secure Socket Layer (SSL) protected components of web applications -- In addition to traditional network-layer attacks, recent DDoS attacks often focus on application layer components, most often SSL. Detecting and blocking attacks in encrypted protocols primarily used for legitimate traffic can be more complex than responding to historical TCP/UDP-based DDoS attacks.

  • Malware attacks target the financial and retail verticals -- Approximately 80% of attempts to infect organizations with malware are directed at financial (45%) and retail (35%) organizations. These attempts frequently arrive as targeted spam email, which attempts to coerce the recipient to execute an attachment or click on an infected link.

  • 54% of malware evades anti-virus detection -- Solutionary tests all acquired malware samples against as many as 40 different commercial and freeware anti-virus products through VirusTotal and other resources to determine each product's effectiveness. Only 46% of samples tested were detected by anti-virus. This statistic reflects the need for organizations to maintain multiple malware detection mechanisms, as anti-virus solutions alone are insufficient.

  • Java is the most targeted software in exploit kits -- Java is now the most prominent software targeted in malware exploit kits, replacing Adobe® PDF exploits. Almost 40% of total exploits in exploit kits now target Java. The cross-platform nature of these two technologies likely explains their positions as leading exploit targets.

"Cyber criminals are targeting organizations with advanced threats and attacks designed to siphon off valuable corporate IP and regulated information, deny online services to millions of users and damage brand reputation," said Don Gray, chief security strategist, Solutionary. "The Solutionary GTIR provides actionable intelligence and strategic recommendations that will allow readers to make smart decisions, strengthen their organizations' cyber defenses and maximize the value of their security programs."

In addition to the aforementioned information, the Solutionary GTIR provides a number of notable sections:

  • Security Self-Assessment -- Developed by SERT, the assessment allows security and risk professionals to rank their cyber-security posture based on multiple criteria. Rankings will allow organizations to determine their cyber-security strengths and weaknesses. To take the survey, visit: https://www.surveygizmo.com/s3/1180478/Solutionary-Security-Self-Assessment-Survey

  • The Future -- With in-depth insights into the global threat landscape, Solutionary provides a predictive look at how malware authors will continue to evade anti-virus software, how attackers will hone in on custom Web applications and how exploit kits will evolve in an accelerated and more efficient manner.

  • Actionable Threat Intelligence -- In the "Getting the Most from Threat Intelligence" section, SERT details how organizations can and should use threat intelligence to make decisions and take actions that will reduce overall security risks.

"This report provides a wide range of threat information, with analysis, intelligence and defense guidance focused on high-priority security issues, including malware, advanced threats, BYOD, Distributed Denial of Service Attacks (DDoS), exploit kits and cloud security," said Rob Kraus, director of research, SERT. "The findings are based on a year's worth of research conducted by our team of security experts, who are on the front lines of modern-day cyber-threat battles."

About SERT
Solutionary SERT (Security Engineering Research Team ) is comprised of dedicated, experienced IT security engineers who assess and research the global information security threat landscape on a 24/7 basis. These expert, certified engineers turn their research into actionable intelligence Solutionary uses to protect its managed security services clients against threats, compromises and data breaches through the ActiveGuard services platform, malware analysis and incident response services. SERT researchers perform in-depth security research into current and emerging threats to evaluate potential impact and to develop mitigating controls.

About Solutionary
Solutionary is the leading pure-play managed security service provider (MSSP), focused on delivering managed security services and global threat intelligence. Comprehensive Solutionary security monitoring and security device management services protect traditional and virtual IT infrastructures, cloud environments and mobile data. Solutionary clients are able to optimize current security programs, make informed security decisions, achieve regulatory compliance and reduce costs. The patented, cloud-based ActiveGuard® service platform uses multiple detection technologies and advanced analytics to protect against advanced threats. The Solutionary Security Engineering Research Team (SERT) researches the global threat landscape, providing actionable threat intelligence, enhanced threat detection and mitigating controls. Experienced, certified Solutionary security experts act as an extension of clients' internal teams, providing industry-leading client service to global enterprise and mid-market clients in a wide range of industries, including financial services, healthcare, retail and government. Services are delivered 24/7 through multiple state-of-the-art Security Operations Centers (SOCs).
For more information, visit www.solutionary.com.

Media Contact
Joe Franscella
Trainer Communications
925-271-8201
Email Contact

More Stories By Marketwire .

Copyright © 2009 Marketwire. All rights reserved. All the news releases provided by Market Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Cloud Expo Breaking News
SYS-CON Events announced today that OpenStack will exhibit at SYS-CON's 12th International Cloud Expo, which will take place on June 10–13, 2013, at the Javits Center in New York City, New York. OpenStack software controls large pools of compute, storage, and networking resources throughout a datacenter, all managed by a dashboard that gives administrators control while empowering their users to provision resources through a web interface. OpenStack powers some of the most widely-used SaaS app...
“Open source has always provided a number of benefits, including easing adoption costs, propagating a better understanding of the technology, and allowing for faster evolution and commercialization of products and services based on it,” noted Terry Woloszyn, Founder & CEO, Leeward Security Ltd., in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “This is clearly evident with the OpenStack and CloudStack,” Woloszyn continued, “and others that have been quickly commercialized as...
SYS-CON Events announced today that BUMI (Backup My Info!), the premium provider of managed online backup and recovery solutions for small to mid-sized businesses, will exhibit at SYS-CON's 12th International Cloud Expo, which will take place on June 10–13, 2013, at the Javits Center in New York City, New York. Manhattan-based BUMI (Backup My Info!) is a premium managed service provider specializing in online data backup and recovery. Founded in 2002, the company's data backup and recovery serv...
SYS-CON Events announced today that nfina Technologies, a provider of highly reliable cloud server products, will exhibit at SYS-CON's 12th International Cloud Expo, which will take place on June 10–13, 2013, at the Javits Center in New York City, New York. nfina Technologies develops, manufactures, and markets highly reliable cloud server products, designed to solve the most demanding data center requirements in mission-critical cloud applications. Nfina’s staff has decades of experience in co...
In his session at the 12th International Cloud Expo, Dave Eichorn, Global Data Center Practice Head at Zensar, will share a case study describing how a utility services company handled the migration of its Microsoft platform to the cloud. Challenged with the time-consuming task of opening operations out of temporary offices, this company struggled with the need to simultaneously access data that was accumulated from a vast amount of data-intensive jobs. Zensar migrated the company’s application ...
“Social, mobile, analytics and cloud can’t be looked at as distinct technology trends; they are facets of the same movement and an everyday reality for consumers and businesses alike,” said Craig Sowell, IBM VP of SmartCloud Marketing, in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “This means that businesses need to start looking at trends as one: cloud is the delivery, analytics is the unique insight, social is a shareable service, and mobile is the ubiquitous access.” ...
Organizations across the world are increasingly starting to see the benefits of moving more and more services to the cloud. The focus on the cost-saving potential of cloud is rapidly shifting to completely transforming the business with cloud. As organizations are investing enormous sums on technology they are starting to realize that in order to maximize the return on investment and accelerate the business transformation process the first area of focus should be people. By ensuring the organiza...
SYS-CON Events announced today that Wowrack will exhibit at SYS-CON's 12th International Cloud Expo, which will take place on June 10–13, 2013, at the Javits Center in New York City, New York. Wowrack’s core expertise lies in high-availability Private and Public Cloud IaaS Hosting Solutions. Wowrack provides a true Hybrid service – where business release all IT management and hardware provisioning – taking the data center and server system administrative headaches off our customer’s shoulders. ...
As enterprises deploy private IaaS clouds into production they are reevaluating their future application delivery models. SUSE and WSO2 believe that private PaaS will leverage the automation and scalability of Private IaaS solutions, such as OpenStack-based SUSE Cloud, to deliver the secure, standardized development environments that will make migrating to an agile, serviceoriented delivery model possible. In their session at the 12th International Cloud Expo, Chris Haddad, VP of Technology Ev...
"Since Cloud Expo is running the week of June 10, we thought it'd be a great idea to schedule our Meetup this week. That way, if you have colleagues, friends, or family in town that week for the Expo, you can invite them to join you!" With those words, the OpenStack New York Meetup Group's organizer's launched a landing page this week where anyone interested can register for the June 12 evening event.