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SOURCE ThreatTrack Security Inc.
ThreatTrack Security report addresses two industries on the cyber war frontlines
CLEARWATER, Fla., May 7, 2014 /PRNewswire/ -- ThreatTrack Security today published a study that looks at the security vulnerabilities of two industries most often targeted by cybercrime; energy and financial services. 72% of respondents from these industries are confident that their organization will be the target of an Advanced Persistent Threat (APT), targeted malware attack or other sophisticated cybercrime or cyber-espionage tactic in the next 12 months, with 38% saying an attack is either a "certainty" or "highly likely."
Read the executive summary report here: http://www.threattracksecurity.com/resources/energy-companies-financial-services-survey-report.aspx
Both the energy and financial services sectors are under constant pressure from attackers due to the high-value assets they hold, which represents a significant risk to the U.S. economy and critical physical infrastructure. According to the U.S. Department of Homeland Security, the highest percentage (more than half) of incidents reported to its Industrial Control Systems Cyber Emergency Response Team (ICS-CERT) occurred in the energy industry. Similarly, in January of this year, the Financial Industry Regulatory Authority (FINRA) released a letter warning of increasing frequency and sophistication of attacks against financial services firms.
An independent blind survey of 200 IT security managers or IT security administrators in energy and financial services organizations (100 in each) was conducted by Opinion Matters on behalf of ThreatTrack Security in April 2014. There are a wide range of threat actors and attack vectors targeting these two industries, and ThreatTrack Security's report investigates the challenges these organizations face in defending themselves, and what they plan to do to increase security.
Among the key findings of the survey:
"Given the importance and value of the data that energy and financial services firms have access to, it is no surprise that they are being targeted aggressively by hackers," said Julian Waits, Sr., president and CEO of ThreatTrack Security. "The question is, what can these organizations do to better stabilize their cyber defenses, in both their own self-interest, and to protect critical U.S. infrastructure? It's good to see these firms are planning to train their IT teams on the latest cybersecurity technologies and strategies, and that they are going to invest in advanced malware detection. The time to act is now, or the next big data breach could be one that doesn't just affect our wallets."
Full survey results are available upon request.
About ThreatTrack Security Inc.
ThreatTrack Security specializes in helping organizations identify and stop Advanced Persistent Threats (APTs), targeted attacks and other sophisticated malware designed to evade the traditional cyber-defenses deployed by enterprises and government agencies around the world. The company develops advanced cybersecurity solutions that Expose, Analyze and Eliminate the latest malicious threats, including its ThreatSecure advanced threat detection and remediation platform, ThreatAnalyzer malware behavioral analysis sandbox, ThreatIQ real-time threat intelligence service, and VIPRE business antivirus endpoint protection. Learn more at www.ThreatTrackSecurity.com
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