Naveen Chhabra, Senior Analyst at Forrester Research, talks with John Furrier at Acronis Global Cyber Summit 2019 from the Fontainebleau Miami Beach in Miami, FL.
#Acronis #AcronisCyberSummit #CyberFit
https://siliconangle.com/2019/10/15/sad-state-cybersecurity-ransomware-attacks-increase-frequency-impact-intensity-acronissummit/
Despite warnings, ransomware attacks rise in frequency, impact and intensity
Security specialists have been sounding the alarm for years, but despite all the warnings, most organizations still don’t take cyberprotection seriously. Even those that have been hit by ransomware attacks continue to leave dangerous vulnerabilities exposed, opening the opportunity for cybercriminals to keep coming back.
“Cyber risks are not identified as vulnerabilities, as important risks as they should be,” said Naveen Chhabra (pictured), senior analyst at Forrester Research Inc. “Our research tells us that the number of ransomware incidents has grown 500% in the preceding 12 months. The impact, intensity and frequency of ransomware attack is simply growing.”
Chhabra spoke with John Furrier, host of theCUBE, SiliconANGLE Media’s mobile livestreaming studio, during the Acronis Global Cyber Summit event in Miami Beach, Florida. They discussed how organizations are failing to protect themselves in an increasingly dangerous cyber environment (see the full interview with transcript here). (* Disclosure below.)
Great solutions kiboshed by siloed organization
The conversation at Acronis centered around the emerging trend for cyber protection, with “… the confluence of data protection and cybersecurity coming together with platform,” according to Furrier.
“The industry certainly needs the technology,” Chhabra agreed. But he foresees an issue: “You cannot do that traditionally the way organizations have been structured,” he stated.
Restoring from a safe back-up is the default solution in the event of data loss. While that works for operational disruptions, a malware attack can affect the integrity of unprotected back-ups and risk continued infection and security breaches.
“So, the million-dollar question there is how do we get back to the copy which is clean and uninfected?” Chhabra said.
Why can’t operations and developers just get along?
The problem is the traditional animosity between the operations department and the development team in charge of risk assessment and security.
“Security would not trust what infrastructure and operation guys would be doing,” Chhabra said. “They’ve been taught to operate in that model, and now comes a situation — the ransomware situation — where they’re asked to trust each other and work with each other. That’s not happening, is it?”
Chhabra has facts to back up his statement. He conducted a survey of organizations that had already experienced at least one ransomware attack and asked if they had tasked operations and development teams with working together to improve security.
At first, statistics looked encouraging, with 30% saying the two teams were working together. However, when Chhabra asked if the teams had a common plan and approach to solving the problem, fewer than 5% said yes.
That major businesses can be so lax about security seems hard to believe, but Chhabra gives the example of a Central European hotel chain that was attacked through its key management system. With angry guests locked out of their rooms, the hotel paid the ransom to regain control of the application.
“[But] they didn’t secure the infrastructure and applications further, which was required,” Chhabra said. “Three months later, they were attacked once again.”
Here’s the complete video interview, part of SiliconANGLE’s and theCUBE’s coverage of the Acronis Global Cyber Summit. (* Disclosure: TheCUBE is a paid media partner for the Acronis Global Cyber Summit. Neither Acronis International GmbH, the sponsor for theCUBE’s event coverage, nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)
Forgot Password
Almost there!
We just sent you a verification email. Please verify your account to gain access to
Acronis Global Cyber Summit 2019 | Miami. If you don’t think you received an email check your
spam folder.
Sign in to Acronis Global Cyber Summit 2019 | Miami.
In order to sign in, enter the email address you used to registered for the event. Once completed, you will receive an email with a verification link. Open this link to automatically sign into the site.
Register For Acronis Global Cyber Summit 2019 | Miami
Please fill out the information below. You will recieve an email with a verification link confirming your registration. Click the link to automatically sign into the site.
You’re almost there!
We just sent you a verification email. Please click the verification button in the email. Once your email address is verified, you will have full access to all event content for Acronis Global Cyber Summit 2019 | Miami.
I want my badge and interests to be visible to all attendees.
Checking this box will display your presense on the attendees list, view your profile and allow other attendees to contact you via 1-1 chat. Read the Privacy Policy. At any time, you can choose to disable this preference.
Select your Interests!
add
Upload your photo
Uploading..
OR
Connect via Twitter
Connect via Linkedin
EDIT PASSWORD
Share
Forgot Password
Almost there!
We just sent you a verification email. Please verify your account to gain access to
Acronis Global Cyber Summit 2019 | Miami. If you don’t think you received an email check your
spam folder.
Sign in to Acronis Global Cyber Summit 2019 | Miami.
In order to sign in, enter the email address you used to registered for the event. Once completed, you will receive an email with a verification link. Open this link to automatically sign into the site.
Sign in to gain access to Acronis Global Cyber Summit 2019 | Miami
Please sign in with LinkedIn to continue to Acronis Global Cyber Summit 2019 | Miami. Signing in with LinkedIn ensures a professional environment.
Are you sure you want to remove access rights for this user?
Details
Manage Access
email address
Community Invitation
Naveen Chhabra, Forrester | Acronis Global Cyber Summit 2019
Naveen Chhabra, Senior Analyst at Forrester Research, talks with John Furrier at Acronis Global Cyber Summit 2019 from the Fontainebleau Miami Beach in Miami, FL.
#Acronis #AcronisCyberSummit #CyberFit
https://siliconangle.com/2019/10/15/sad-state-cybersecurity-ransomware-attacks-increase-frequency-impact-intensity-acronissummit/
Despite warnings, ransomware attacks rise in frequency, impact and intensity
Security specialists have been sounding the alarm for years, but despite all the warnings, most organizations still don’t take cyberprotection seriously. Even those that have been hit by ransomware attacks continue to leave dangerous vulnerabilities exposed, opening the opportunity for cybercriminals to keep coming back.
“Cyber risks are not identified as vulnerabilities, as important risks as they should be,” said Naveen Chhabra (pictured), senior analyst at Forrester Research Inc. “Our research tells us that the number of ransomware incidents has grown 500% in the preceding 12 months. The impact, intensity and frequency of ransomware attack is simply growing.”
Chhabra spoke with John Furrier, host of theCUBE, SiliconANGLE Media’s mobile livestreaming studio, during the Acronis Global Cyber Summit event in Miami Beach, Florida. They discussed how organizations are failing to protect themselves in an increasingly dangerous cyber environment (see the full interview with transcript here). (* Disclosure below.)
Great solutions kiboshed by siloed organization
The conversation at Acronis centered around the emerging trend for cyber protection, with “… the confluence of data protection and cybersecurity coming together with platform,” according to Furrier.
“The industry certainly needs the technology,” Chhabra agreed. But he foresees an issue: “You cannot do that traditionally the way organizations have been structured,” he stated.
Restoring from a safe back-up is the default solution in the event of data loss. While that works for operational disruptions, a malware attack can affect the integrity of unprotected back-ups and risk continued infection and security breaches.
“So, the million-dollar question there is how do we get back to the copy which is clean and uninfected?” Chhabra said.
Why can’t operations and developers just get along?
The problem is the traditional animosity between the operations department and the development team in charge of risk assessment and security.
“Security would not trust what infrastructure and operation guys would be doing,” Chhabra said. “They’ve been taught to operate in that model, and now comes a situation — the ransomware situation — where they’re asked to trust each other and work with each other. That’s not happening, is it?”
Chhabra has facts to back up his statement. He conducted a survey of organizations that had already experienced at least one ransomware attack and asked if they had tasked operations and development teams with working together to improve security.
At first, statistics looked encouraging, with 30% saying the two teams were working together. However, when Chhabra asked if the teams had a common plan and approach to solving the problem, fewer than 5% said yes.
That major businesses can be so lax about security seems hard to believe, but Chhabra gives the example of a Central European hotel chain that was attacked through its key management system. With angry guests locked out of their rooms, the hotel paid the ransom to regain control of the application.
“[But] they didn’t secure the infrastructure and applications further, which was required,” Chhabra said. “Three months later, they were attacked once again.”
Here’s the complete video interview, part of SiliconANGLE’s and theCUBE’s coverage of the Acronis Global Cyber Summit. (* Disclosure: TheCUBE is a paid media partner for the Acronis Global Cyber Summit. Neither Acronis International GmbH, the sponsor for theCUBE’s event coverage, nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)