Welcome!

Cloud Expo Authors: Yeshim Deniz, Roger Strukhoff, Elizabeth White, Pat Romanski, Liz McMillan

News Feed Item

Cisco Annual Security Report Documents Unprecedented Growth of Advanced Attacks and Malicious Traffic

Threats Take Advantage of Expanding Attack Surface With New Techniques

SAN JOSE, CA -- (Marketwired) -- 01/16/14 -- Cisco (NASDAQ: CSCO) -- The Cisco 2014 Annual Security Report, released today, reveals that threats designed to take advantage of users' trust in systems, applications and personal networks have reached startling levels. According to the report, a worldwide shortage of nearly a million skilled security professionals is impacting organizations' abilities to monitor and secure networks, while overall vulnerabilities and threats reached their highest levels since 2000.

The report's findings offer a vivid picture of rapidly evolving security challenges facing businesses, IT departments and individuals. Attacker methods include socially engineered theft of passwords and credentials, hide-in-plain-sight infiltrations, and exploitation of the trust required for economic transactions, government services and social interactions.

Report Highlights

  • Increased sophistication and proliferation of the threat landscape. Simple attacks that caused containable damage have given way to organized cybercrime operations that are sophisticated, well-funded, and capable of significant economic and reputational damage to public and private sector victims.

  • Increased complexity of threats and solutions due to rapid growth in intelligent mobile device adoption and cloud computing provide a greater attack surface than ever before. New classes of devices and new infrastructure architectures offer attackers opportunities to exploit unanticipated weaknesses and inadequately defended assets.

  • Cybercriminals have learned that harnessing the power of Internet infrastructure yields far more benefits than simply gaining access to individual computers or devices. These infrastructure-scale attacks seek to gain access to strategically positioned web hosting servers, nameservers and data centers -- with the goal of proliferating attacks across legions of individual assets served by these resources. By targeting Internet infrastructure, attackers undermine trust in everything connected to or enabled by it.

Key Findings

  • Overall vulnerabilities and threats reached the highest level since initial tracking began in May 2000. As of Oct. 2013, cumulative annual alert totals increased 14 percent year-over-year from 2012.

  • The report indicates a shortage of more than a million security professionals across the globe in 2014. The sophistication of the technology and tactics used by online criminals -- and their nonstop attempts to breach networks and steal data -- have outpaced the ability of IT and security professionals to address these threats. Most organizations do not have the people or the systems to continuously monitor extended networks and detect infiltrations, and then apply protections, in a timely and effective manner.

  • One-hundred percent of a sample of 30 of the world's largest multinational company networks generated visitor traffic to Web sites that host malware. Ninety-six percent of networks reviewed communicated traffic to hijacked servers. Similarly, 92 percent transmitted traffic to Web pages without content, which typically host malicious activity.

  • Distributed Denial of Service (DDoS) attacks -- which disrupt traffic to and from targeted websites and can paralyze ISPs -- have increased in both volume and severity. Some DDoS attacks seek to conceal other nefarious activity, such as wire fraud before, during or after a noisy and distracting DDoS campaign.

  • Multipurpose Trojans counted as the most frequently encountered web-delivered malware, at 27 percent of total encounters in 2013. Malicious scripts, such as exploits and iframes, formed the second most frequently encountered category at 23 percent. Data theft Trojans such as password stealers and backdoors made up 22 percent of total web malware encounters. The steady decline in unique malware hosts and IP addresses -- down 30 percent between Jan. 2013 and Sept. 2013 -- suggests that malware is being concentrated in fewer hosts and fewer IP addresses.

  • Java continues to be the most frequently exploited programming language targeted by online criminals. Data from Sourcefire, now a part of Cisco, shows that Java exploits make up the vast majority (91 percent) of Indicators of Compromise (IOCs).

  • Ninety-nine percent of all mobile malware targeted Android devices. At 43.8 percent, Andr/Qdplugin-A was the most frequently encountered mobile malware, typically via repackaged copies of legitimate apps distributed via non-official marketplaces.

  • Specific business sectors, such as the pharmaceutical and chemical industry and the electronics manufacturing industry, have historically had high malware encounter rates. In 2012 and 2013, there was remarkable growth in malware encounters for the agriculture and mining industry -- formerly a relatively low-risk sector. Malware encounters also continued to rise in the energy, oil and gas sectors.

Supporting Quote

  • John N. Stewart, senior vice president, chief security officer, Threat Response Intelligence and Development, Cisco, said: "Although the Cisco Annual Security Report paints a grim picture of the current state of cyber security, there is hope for restoring trust in people, institutions and technologies -- and that starts with empowering defenders with real-world knowledge about expanding attack surfaces. To truly protect against all of these possible attacks, defenders must understand the attackers, their motivations and their methods -- before, during and after an attack."

Supporting Resources

About the Report
The 2014 Cisco Annual Security Report highlights the most important security trends of the year and provides tips and guidance to keep enterprise technology environments more secure. Cisco stays ahead of and shares the latest threats by using real-time threat intelligence from Cisco Security Intelligence Operations (SIO), and this year's report also incorporate's Sourcefire telemetry. Cisco SIO is the world's largest cloud-based security ecosystem, using more than 75 terabits of live data feeds from deployed Cisco email, web, firewall and intrusion prevention system (IPS) solutions.

About Cisco
Cisco (NASDAQ: CSCO) is the worldwide leader in IT that helps companies seize the opportunities of tomorrow by proving that amazing things can happen when you connect the previously unconnected. For ongoing news, please go to http://thenetwork.cisco.com.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.

RSS Feed for Cisco: http://newsroom.cisco.com/rss-feeds

Add to Digg Bookmark with del.icio.us Add to Newsvine

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired 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 Latest Stories
With the explosion of the cloud, more businesses are transitioning to a recurring revenue model to generate reliable sales, grow profits, and open new markets. This opportunity requires businesses to get to market quickly with the pricing and packaging options customers want. In addition, you will want to take advantage of the ensuing tidal wave of data to more effectively upsell, cross-sell and manage your customers. All of this is possible, but only with the right approach. At 15th Cloud Expo, Brendan O'Brien, Co-founder at Aria Systems and the inventor of cloud billing panelists, will lead a panel discussion on what it takes to launch and manage a successful recurring revenue business. The panelists will offer their insights about what each department will need to consider, from financial management to line of business and IT. The panelists will also offer examples from their success in recurring revenue with companies such as Audi, Constant Contact, Experian, Pitney-Bowes, Teleko...
Planning scalable environments isn't terribly difficult, but it does require a change of perspective. In his session at 15th Cloud Expo, Phil Jackson, Development Community Advocate for SoftLayer, will broaden your views to think on an Internet scale by dissecting a video publishing application built with The SoftLayer Platform, Message Queuing, Object Storage, and Drupal. By examining a scalable modular application build that can handle unpredictable traffic, attendees will able to grow your development arsenal and pick up a few strategies to apply to your own projects.
Come learn about what you need to consider when moving your data to the cloud. In her session at 15th Cloud Expo, Skyla Loomis, a Program Director of Cloudant Development at Cloudant, will discuss the security, performance, and operational implications of keeping your data on premise, moving it to the cloud, or taking a hybrid approach. She will use real customer examples to illustrate the tradeoffs, key decision points, and how to be successful with a cloud or hybrid cloud solution.
The cloud provides an easy onramp to building and deploying Big Data solutions. Transitioning from initial deployment to large-scale, highly performant operations may not be as easy. In his session at 15th Cloud Expo, Harold Hannon, Sr. Software Architect at SoftLayer, will discuss the benefits, weaknesses, and performance characteristics of public and bare metal cloud deployments that can help you make the right decisions.
Over the last few years the healthcare ecosystem has revolved around innovations in Electronic Health Record (HER) based systems. This evolution has helped us achieve much desired interoperability. Now the focus is shifting to other equally important aspects – scalability and performance. While applying cloud computing environments to the EHR systems, a special consideration needs to be given to the cloud enablement of Veterans Health Information Systems and Technology Architecture (VistA), i.e., the largest single medical system in the United States.
Cloud and Big Data present unique dilemmas: embracing the benefits of these new technologies while maintaining the security of your organization’s assets. When an outside party owns, controls and manages your infrastructure and computational resources, how can you be assured that sensitive data remains private and secure? How do you best protect data in mixed use cloud and big data infrastructure sets? Can you still satisfy the full range of reporting, compliance and regulatory requirements? In his session at 15th Cloud Expo, Derek Tumulak, Vice President of Product Management at Vormetric, will discuss how to address data security in cloud and Big Data environments so that your organization isn’t next week’s data breach headline.
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using the URL as a basic building block, we open this up and get the same resilience that the web enjoys.
Is your organization struggling to deal with skyrocketing volumes of digital assets? The amount of data is growing exponentially and organizations are having a hard time managing this growth. In his session at 15th Cloud Expo, Amar Kapadia, Senior Director of Open Cloud Strategy at Seagate, will walk through the essential considerations when developing a cloud storage strategy. In this discussion, you will understand the challenges IT is facing, why companies need to move to cloud, and how the right cloud model can help your business economically overcome the data struggle.
If cloud computing benefits are so clear, why have so few enterprises migrated their mission-critical apps? The answer is often inertia and FUD. No one ever got fired for not moving to the cloud – not yet. In his session at 15th Cloud Expo, Michael Hoch, SVP, Cloud Advisory Service at Virtustream, will discuss the six key steps to justify and execute your MCA cloud migration.
The 16th International Cloud Expo announces that its Call for Papers is now open. 16th International Cloud Expo, to be held June 9–11, 2015, at the Javits Center in New York City brings together Cloud Computing, APM, APIs, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal today!
Most of today’s hardware manufacturers are building servers with at least one SATA Port, but not every systems engineer utilizes them. This is considered a loss in the game of maximizing potential storage space in a fixed unit. The SATADOM Series was created by Innodisk as a high-performance, small form factor boot drive with low power consumption to be plugged into the unused SATA port on your server board as an alternative to hard drive or USB boot-up. Built for 1U systems, this powerful device is smaller than a one dollar coin, and frees up otherwise dead space on your motherboard. To meet the requirements of tomorrow’s cloud hardware, Innodisk invested internal R&D resources to develop our SATA III series of products. The SATA III SATADOM boasts 500/180MBs R/W Speeds respectively, or double R/W Speed of SATA II products.
In today's application economy, enterprise organizations realize that it's their applications that are the heart and soul of their business. If their application users have a bad experience, their revenue and reputation are at stake. In his session at 15th Cloud Expo, Anand Akela, Senior Director of Product Marketing for Application Performance Management at CA Technologies, will discuss how a user-centric Application Performance Management solution can help inspire your users with every application transaction.
SYS-CON Events announced today that Gridstore™, the leader in software-defined storage (SDS) purpose-built for Windows Servers and Hyper-V, will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Gridstore™ is the leader in software-defined storage purpose built for virtualization that is designed to accelerate applications in virtualized environments. Using its patented Server-Side Virtual Controller™ Technology (SVCT) to eliminate the I/O blender effect and accelerate applications Gridstore delivers vmOptimized™ Storage that self-optimizes to each application or VM across both virtual and physical environments. Leveraging a grid architecture, Gridstore delivers the first end-to-end storage QoS to ensure the most important App or VM performance is never compromised. The storage grid, that uses Gridstore’s performance optimized nodes or capacity optimized nodes, starts with as few a...
SYS-CON Events announced today that Cloudian, Inc., the leading provider of hybrid cloud storage solutions, has been named “Bronze Sponsor” of SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Cloudian is a Foster City, Calif.-based software company specializing in cloud storage. Cloudian HyperStore® is an S3-compatible cloud object storage platform that enables service providers and enterprises to build reliable, affordable and scalable hybrid cloud storage solutions. Cloudian actively partners with leading cloud computing environments including Amazon Web Services, Citrix Cloud Platform, Apache CloudStack, OpenStack and the vast ecosystem of S3 compatible tools and applications. Cloudian's customers include Vodafone, Nextel, NTT, Nifty, and LunaCloud. The company has additional offices in China and Japan.
SYS-CON Events announced today that TechXtend (formerly Programmer’s Paradise), a leading value-added provider of server and storage virtualization, and r-evolution will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. TechXtend (formerly Programmer’s Paradise) is a leading value-added provider of software, systems and solutions for corporations, government organizations, and academic institutions across the United States and Canada. TechXtend is the Exclusive Reseller in the United States for r-evolution