Cyber attacks are getting tougher and more intense and security professionals admit they can effectively fight an around-the-clock campaign for only a day or less, a new report found.
Cyber threats are growing and expanding to new targets, according to the report by Radware.
“It would not be a surprise to see double the number of attacks occurring in the next 12 months and companies need to stay vigilant,” said Ron Winward, director of network engineering at ServerCentral, a respondent of the report. “Attacks are becoming far more sophisticated. Staying abreast of the changes in attack patterns, objectives and execution is something that must remain ‘on’ at all times.”
This year from a cyber attack perspective was a watershed year for a number of industries, including electric and power, healthcare and financial services, according to the report. Attacks have great complexity and zeal and require sophisticated solutions to solve the complexity of the threat. Attackers have adapted to multiple mechanisms of cyber-defense employed by organizations, fighting back with multiple techniques in a single attack.
The level of attacks are on the rise with 19 percent of the major attacks considered “constant” by the targeted organization. In past years (2013, 2012 and 2011), organizations have reported weeklong and even month-long attacks, but never have more than 6 percent reported experiencing constant attacks.
Previous years have shown DDoS attacks directed to the server or firewall. However, due to an increase in UDP attacks, the Internet is the number-one failure point in 2014.
Thirty-six percent of respondents said they have employed hybrid solutions to help gain ground against attacks, combining on-premise equipment with cloud solutions, while 48 percent suggest they will employ a hybrid solution by 2015.
“As both reputation loss and revenue loss from a cyber-attack is a major concern of respondents in our report, it is no surprise that three-quarters of executives stated that security threats are now a CEO or board-level concern,” said Carl Herberger, vice president of security solutions for Radware. “More than half of respondents reported changes to their security process, protocols, and/or mandates in response to security threats, with more than a third indicating the use of a hybrid solution of on-premise and cloud solutions to protect against attacks.”