Risk of cyber threats seriously underestimated

July 6, 2010

 “Information security is not a set-it-and-forget-it proposition,” said Larry Ponemon, Chairman and Founder of the Ponemon Institute. “In our discussions with key stakeholders, it is obvious that while threats are evolving quickly, defenses continue to lag. More than 70% of organizations reported that advanced threats are evading traditional security stalwarts such as AV and IDS. The stakes could not be higher since nearly half of the sample group has also experienced the loss of critical business information as a result of a successful attack.” .

The study demonstrates that a vast majority of enterprises of all sizes regularly fall victim to advanced cyber threats, at the same time, more than half of these organizations recognize their defensive technologies, personnel and budget as “inadequate.”

With more than 83% believing that their organizations have been recently targeted by advanced threats (41% citing they are frequent targets) the need for training security personnel and using new methods for attack detection and remediation is a growing requirement.

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