Over 60% of Malware Analysts Report Investigations of Undisclosed Security Breaches

Posted on November 22, 2013 by .

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Security breaches are almost a common expected thing to take place in today’s massively technology-intrigued world. In a new ThreatTrack Security study, it was revealed that security breaches are occurring at a much higher rate than initially reported by many security researchers.

ThreatTrack has found that about 6 out of 10 of US-based malware analysts interviewed about security breaches failed to disclose breach incidents that their own company experienced in the past. This very detail, had led to further investigations uncovering IT security works as the main problem when it come to protecting their company against attacks.

In about 35% of cases where security breaches occur, the security professionals or staff responsible for securing the attacked network was the ones initially responsible for clicking on a malicious link in shady emails or mobile apps.

ThreatTrack CEO Julian Waits Sr said, “While it is discouraging that so many malware analysts are aware of security breaches that enterprises have not disclosed, it is no surprise that the breaches are occurring. Every day, malware becomes more sophisticated, and US enterprises are constantly targeted for cyber espionage campaigns from overseas competitors and foreign governments.” Basically, the study has revealed the idea that malware analysts are aware of the threats they face, but many of them may fail to report their inability to fight the given cyber-attacks. Additionally, they will commonly point out their lack of proper resources and tools to protect their own company from attacks.

About 40% of the 200 professionals taking part in the survey, originally conducted by Opinion Matters on behalf of ThreatTrack Security, are deemed as the main culprit in cyber-attacks against their own company. By knowing this bit of information, the rates and numbers of security breaches actually reported is totally skewed in the broad scope of finding out how many security breaches actually take place. Essentially, it makes everyone’s job a little more difficult, but the attackers are basking in their glory in knowing how they can take advantage of some companies.

Bottom line is that over 60% of security researchers are now reporting cases of undisclosed breaches from surveys and simple inquiries among US-based companies who have at one time been suspected to be a vulnerable asset in a security breach. That is rather scary in the full scope of things when you consider some of these companies may harbor your personal information or banking data.

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