The Cyber Landscape
The traditional landscape of cyber governance is shifting. Gone are the days of reliance on signature-based platforms and “patch” modalities that can be effective at blocking known malware but fail to halt the thousands of unknown threats seeking to penetrate a company’s peripheral line of defense.
Welcome to the new age of zero-day and targeted advanced persistent threat (APT) attacks, where nation states, criminal organizations and hacktivists have so disrupted the world’s digitized ecosystem that top intelligence officials from the FBI, NSA and CIA recently disclosed cyber attacks have eclipsed terrorism as our #1 national security threat.
In 2014 alone there were 42.8 million reported breaches on global companies of divergent size that cost the world economy $445 billion, representing a 48% upswing from the previous year. And despite a record $71.1 billion spent on cyber security in 2014, with data-loss-prevention expenditures up 18.9%, the number of cyber attacks continue to burgeon at an alarming rate. It is now evident from the devastating breaches at Home Depot, Target, Sony and JP Morgan Chase that in the global battle against cybercrime not even the industry titans are immune, and in fact most security defenses are failing fast.
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Anatomy of an APT
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