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WOBURN, MA – October 27, 2014 — /BackupReview.info/ — Targeted attacks are on the rise and companies that don’t take the necessary steps to secure their IT infrastructure could incur a massive financial blow. According to a Kaspersky Lab and B2B Internationalsurvey of worldwide IT professionals, 94% of organizations encountered at least one cybersecurity incident in the past 12 months (tweet this). Of these incidents, the number of organizations that reported having at least one targeted attack rose substantially, with 12% of respondents indicating that they experienced at least one targeted attack in the past year (tweet this). This number is up from the 9% reported in Kaspersky Lab’s 2012 and 2013 studies.

While respondents indicated they experienced various external threats, targeted attacks have the potential to be the most crippling to an organization. Damages from one successful targeted attack could cost a company as much as $2.54 million for enterprises and $84,000 for small businesses (tweet this). This takes into account both the losses incurred by the company as a result of a targeted attack as well as the repose expenses that a company will have to take on after the incident, including the loss of business opportunities (tarnished reputation, breach of contracts resulting from the incident, etc.), investment in services and solutions to prevent additional incidents, and extra security training for both IT staff and company employees.

While the threat of a targeted attack is prevalent for both enterprises and small businesses, the Kaspersky Lab survey found that large companies in particular see targeted attacks as a major threat, with 38% of companies with 1,500 – 5,000 employees, and 39% of companies with more than 50,000 employees naming targeted attacks as their number one concern. Mid-sized and small businesses were only moderately less concerned with 34% of the respondents naming protection against targeted attacks as a key priority (tweet this). The survey also found that organizations both large and small are worried about losing sensitive company data to a targeted attack. More than one-third (34%) of companies named the protection of confidential data (client data, financial data, and other kinds of information) against targeted attacks as a key problem for IT management teams (tweet this).

To help organizations protect their IT infrastructure from today’s sophisticated cyberattacks, Kaspersky Endpoint Security for Business offers a critical combination of deep protection, efficiency and seamless manageability. As the IT security industry’s first truly integrated endpoint security platform featuring the most consistently high performing malware protection in the industry, the solution provides a tiered security approach based on a single integrated platform, including robust application, device and web control tools, mobile endpoint security and MDM, and systems and patch management. The solution also offers flexible encryption functionality to help protect corporate data in the event of a laptop or removable storage device being lost or stolen.

Kaspersky Lab also offers a solution designed specifically to help protect small businesses. Kaspersky Small Office Security provides essential mobile protection features, including anti-malware, application verification and anti-theft. The solution gives basic administration tools for mobile devices, data encryption and endpoint security in a consumer-friendly interface that can be set up in minutes.

For more information about the Kaspersky Lab and B2B International survey, please visit: http://media.kaspersky.com/en/IT_Security_Risks_Survey_2014_Global_report.pdf

Quotes:
Chris Doggett, Managing Director Kaspersky Lab North America:
“The survey results clearly indicate that many businesses now recognize that the threat of a targeted attack is very real and could be very harmful for their organization. However, we are seeing that the number of companies that are actually taking that knowledge and turning it into an action to protect their organization from such attacks is still alarmingly low. With major breaches being reported regularly now, it is critical for businesses of all sizes to make protection of their IT infrastructure their top priority, especially given the damages that arise from each successful targeted attack.”

About Kaspersky Lab
Kaspersky Lab is the world’s largest privately held vendor of endpoint protection solutions. The company is ranked among the world’s top four vendors of security solutions for endpoint users*. Throughout its more than 17-year history Kaspersky Lab has remained an innovator in IT security and provides effective digital security solutions for large enterprises, SMBs and consumers. Kaspersky Lab, with its holding company registered in the United Kingdom, currently operates in almost 200 countries and territories across the globe, providing protection for over 300 million users worldwide. Learn more at www.kaspersky.com.

* The company was rated fourth in the IDC rating Worldwide Endpoint Security Revenue by Vendor, 2012. The rating was published in the IDC report “Worldwide Endpoint Security 2013–2017 Forecast and 2012 Vendor Shares (IDC #242618, August 2013). The report ranked software vendors according to earnings from sales of endpoint security solutions in 2012.

For the latest in-depth information on security threat issues and trends, please visit:
Securelist | Information about Viruses, Hackers and Spam
Follow @Securelist on Twitter

Threatpost | The First Stop for Security News
Follow @Threatpost on Twitter

Media Contact
Stephen Russell
781.503.1833
stephen.russell@kaspersky.com
www.kaspersky.com

Source: Kaspersky

 

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