Turn the tables: Advance your security with evidence-backed expert insights - CyberTalk
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Turn the tables: Advance your security with evidence-backed expert insights - CyberTalk
EXECUTIVE SUMMARY:
In 2023, the cyber threat landscape evolved at a record-breaking pace. Global cyber attacks increased by roughly 48%. Threats became more sophisticated and expensive to contend with than ever before.
Cyber security leaders who overlook recent developments risk being blindsided by powerful, persistent and potentially damaging cyber adversaries. The bad actors are well-financed and are finding network “footholds” in unprecedented ways.
More than two-thirds of companies report having experienced a cyber attack in the last 12 months. The alarming truth is that businesses aren’t adapting fast enough. As cyber crime accelerates, will your organization be able to keep up?
Included in the report
Newly developed ransomware techniques have intensified the malware’s impact on businesses. In 2023, Check Point Research observed a notable spike in large-scale ransomware attacks intended to disrupt multiple businesses in quick succession. Actual incidents impacted hundreds or thousands of entities.
“By failing to prepare, you are preparing to fail,”
– Benjamin Franklin
And other evolving threats are even more pernicious than that. Threat actors have developed new tactics that covertly exploit edge devices for the purpose of executing extensive DDoS attacks, spam campaigns and network takeovers. Attackers have also increased their use of AI to scale efforts. AI is now used to analyze information, enhance phishing threats and to automate attacks.
The aforementioned represent just a fraction of the ways in which cyber attackers and attacks are becoming more sophisticated. Ensure that your organization knows which advanced security tools to implement. In the Check Point Research Cyber Security Report, get expert recommendations for strategic and innovative products that can keep pace with the latest threats.
Context as a compass
Context around contemporary threats can be just as critical as product recommendations, as context is what enables your organization to ‘see around corners’; to predict problems. Context defines agility. In short, context enables organizations to effectively anticipate, adapt to and respond to threats.
The environmental information included in the Check Point Research Cyber Security Report empowers security leaders to identify issues with greater accuracy and to present a stronger response.
Further details
In 2024, for the vast majority of organizations, confronting cyber security challenges will be a core business objective. As your organization looks ahead, ensure that it accounts for the latest cyber security trends, research, intelligence analyses and recommendations — as explained by preeminent industry experts.
Get valuable insights that can translate to stronger cyber security, improved business resilience, fewer nightmares and more sleep for your security staff. Discover why leading brands trust the Check Point Research Cyber Security Report. Download now.
For more information about the forces shaping the cyber threat landscape, subscribe to the CyberTalk.org newsletter. Get timely insights, cutting-edge analyses and more, delivered straight to your inbox each week.
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A roundup of 2024 predictions, CISO insights - CyberTalk
New Post has been published on https://thedigitalinsider.com/a-roundup-of-2024-predictions-ciso-insights-cybertalk/
A roundup of 2024 predictions, CISO insights - CyberTalk
EXECUTIVE SUMMARY:
The cyber security landscape is transforming at an exciting, yet sometimes unnerving pace. As the landscape becomes both broad and nuanced, modern CISOs must now sift through a staggering amount of information.
Separate the signal from the noise. Prepare for the year ahead with predictions from five of Check Point’s global CISOs.
An expert-informed preview of trends and threats enables you to proactively implement risk mitigation measures, helping you stay one step ahead of cyber criminals.
Get valuable insights. Prepare for the possibilities. Discover focused analyses that can assist you with planning, prioritizing and better protecting your organization than ever before.
Foundational discussion points
In 2024, the themes that will take the spotlight include board and C-level cyber security management, cyber security controls, ransomware, artificial intelligence and breach litigation. In the sections below, each one of our experts delves into a different theme:
Vivek Gullapalli: Global CISO, APAC, Check Point
The board will require higher levels of confidence in cyber security and business continuity
Boards and CEOs will demand confidence in cyber security. They’ll expect business continuity throughout and in the wake of a cyber attack.
Boards and C-level management will also want to ensure that cyber security investments deliver. Next year, as a cyber security leader, dig into the ROI on your initiatives and tools. Ensure that stakeholders truly see the value of your SOC and your work.
Beyond that, the digital world is highly interconnected; with the seemingly singular exception of cyber security, which remains locked in isolation. Bridging this gap will be critical to business success.
Marco Eggerling: Global CISO, EMEA, Check Point
Organizations will give cyber security controls a much greater focus
Previously, organizations have taken a piece-meal approach to implementing cyber security controls, which is inefficient. The average SMB runs 20 different point solutions, while the average mid-sized enterprise manages 60 point solutions, and the average multi-national relies on 100 point solutions or more.
However, if organizations reduce the number of security controls, as through consolidation, they’re liable to see increased levels of cyber resilience. In 2024, it’s likely that organizations will pay more attention to security controls, as current systems are often unsustainable.
Ultimately, this will reduce complexity and enhance abilities to withstand any type of cyber threat.
Jonathan Fischbein: Global CISO, EMEA, Check Point
Ransomware will continue and become highly evasive
Ransomware attacks will increase. They will also continue to impact organizations of all sizes, extorting millions of dollars from victims. Most notably, the threats will become increasingly evasive.
While enterprises are adopting a lot of security tools, they’re often not enough, as oftentimes, they’re not interoperable.
Many security professionals erroneously believe that a ransomware attack won’t happen to their organization, and so they don’t take adequate action. What organizations really need are better prevention and detection tools.
It’s very important that organizations take a holistic approach to ransomware and develop a strategy for mitigation. And it’s not enough to just have solutions that ward off ransomware…
Pete Nicoletti: Global CISO, Americas, Check Point
AI-based tools will be used by cyber criminals to steal financial resources
Something that Check Point Research has just begun to point out is that criminals are using unregistered and unguarded AI tools and engines for nefarious purposes. Those tools aren’t subject to laws and regulations.
Cyber security professionals are liable to see what could be termed ‘ghost guns’ or ‘unserialized weapons’ used in the AI fight. Check Point’s ThreatCloud and other power-packed products help mitigate this issue, but in the future, more will need to be done to address it.
Deryck Mitchelson: Global CISO, EMEA, Check Point
Organizations will continue to see a surge in cyber attacks and data breaches, resulting in an explosion of class action lawsuits and litigation that could negatively affect CISOs
Litigation is becoming increasingly common. There’s no doubt about it. Many major enterprises have experienced breaches and paid out significant sums of money on the back of them.
The issue won’t solely affect larger organizations. Smaller organizations will be affected as well and will likely pay out millions in order to satisfy shareholders and individuals who have been breached.
This increase in data breach class actions is really concerning. There’s been a two-fold increase in them from 2022 to 2023.
Further, recent survey results show that 62% of CISOs are concerned about their personal liability when it comes to breaches. What’s driving this? The first item is the Uber case, where the Uber CISO was found guilty…
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These predictions are intended to support organizations in enhancing their planning, prioritization and security protection in 2024. For the full suite of predictions, please click here.
Wishing everyone a safe and secure new year.
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