RAH Infotech

Consumer driven IT has not only resulted in a massive deluge of mobile devices in the workplace but has also led to an ever evolving threat landscape. With cyber attackers getting more adept at entering enterprise networks through web-based applications, the number of security incidents is rising at an alarming pace. PWC’s Annual Security Survey 2015 conducted over 9700 security, IT and business executives shows that the total number of security incidents detected by respondents
has climbed to 42.8 million, an increase of 48% over the previous year. That’s an equivalent of 117,339 incoming attacks every day!

The large number of data breaches that we saw in the past year is in itself a wakeup call to the fact that a much more secure
security mechanism is the need of the hour. A series of attacks witnessed by major retailers, bankers, technology giants and other industry verticals resulted in thefts of customer records,
bank account numbers, payment records and other critical information that could be easily misused. Even the most well
established and leading names in business could not escape the wrath of cyber attackers.

With the advent of cloud computing, virtualization and mobility, the manner in which business is conducted today has
changed dramatically. For example, it is a common sight to see employees accessing the sensitive company information on their personal devices while accessing the internet through a public network, which is a sign of frailty considering the intensity of the cyber-attacks that are happening in this day and age. Though business is being conducted conveniently and at a much faster pace today, this change, however, has also exposed companies to a whole new set of vulnerabilities and risks. This obviously calls for a whole new approach to managing security for your organizations.
As more and more businesses get online, their exposure to security risks increases tremendously. The large number of web apps and ease of access has made the internet a preferred medium of attack for the new
generation of hackers and cyber thieves. In its 2014 Global Risk Report, the World Economic Forum has rated cyber attacks among the top five risks in terms of likelihood.

Current trends like SMACT (Social, Mobile, Analytics,Cloud and IoT) have also changed the way a network is structured. With more devices being interconnected, the opportunities for the attackers increase significantly too.
Collaborative applications such as Dropbox or Google Docs have led organizations across the globe to extend their corporate network to the cloud. Data is no longer limited to the data centers; it in fact is traversing the
globe through mobile devices.

The way the attackers approach hacking has also evolved. Gone are the days when attackers would target a few individuals for petty thefts or small benefits. Attackers today carry out much more
complex and targeted attacks and are looking for much bigger gains. The new generation hackers often use social engineering to obtain information about the target and then use an application that the target trusts in order to exploit information. Increasingly innovative ways of hacking and tricks led by social engineering has led to a sudden rise in number of data breaches, including identity theft, credit card information theft, fraud, etc. causing significant damage for organizations.