Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
11/1/2019
04:10 PM
Dark Reading
Dark Reading
Products and Releases
50%
50%

Fewer than half of cybersecurity professionals have a plan in place to deal with IoT attacks, despite the fact that ninety percent worry about future threats

New study from Neustar finds that 48% of organizations reported experiencing an attack on connected devices in the last year alone

STERLING, Va. – Oct. 31, 2019 – Fewer than half (47%) of cybersecurity professionals have a plan in place to deal with attacks on their IoT devices and equipment, despite that fact that nine out of ten express concerns over future threats, according to new research from the Neustar International Security Council (NISC).

These findings come at a time in which 48% of organizations admitted to experiencing a cyberattack against their IoT or connected devices and equipment in the last year alone. Just over a quarter (27%) reported feeling ‘very confident’ that their personnel would know how to protect against such attacks, while 38% claimed they are currently in the process of developing a plan.

“With IoT devices and equipment now being such a fundamental part of business, organizations are continuing to connect more devices to their networks, resulting in an increased attack surface. This not only opens businesses up to more attacks, it also gives malicious actors new opportunities to breach security systems,” said Rodney Joffe, Chairman of NISC and, Security CTO at Neustar. “In most cases, IoT devices have been built by third party vendors, meaning that the companies using these IoT devices do not have the knowledge of how they have been created or what security measures they have in place.”

“It’s crucial, therefore, to understand that the IoT has essentially been built on top of infrastructure that is vulnerable, making every organization a target. Recognising exactly what data needs protecting is a key factor for developing an organized and cohesive security strategy. This way businesses can successfully focus on their more vulnerable data, processes and models – guarding valuable information from any and all IoT attacks moving forward. On a more granular level, businesses must ensure the appropriate controls are in place for threat vulnerability and patch management while also ensuring that important data is identified and encrypted,” added Joffe. 

The latest NISC report also found threats are continuing to elevate across vectors. The International Cyber Benchmarks Index, which reflects the overall state of the cybersecurity landscape, has followed a steady upward trajectory since its inception, reaching a new record of 26.9 in September 2019.

The NISC survey asked security professionals to rank a list of cyberthreats from highest concern to lowest concern. System compromise was reported as the top concern by 22% of respondents, edging out distributed denial of service (DDoS) attacks (21%) and ransomware (20%).

Social engineering via email was most likely to be perceived as a growing threat (55% of respondents reported seeing an increase in July/August 2019), followed by DDoS attacks and ransomware (both 54%) and generalized phishing (53%).

Methodology

The International Cyber Benchmarks Index is based on a bimonthly online survey of security professionals, conducted by Harris Interactive on behalf of NISC. Participants in the September 2019 survey comprise 303 professionals from across five European markets and the United States. All are in senior positions within their organizations and are able to provide informed opinions about cybersecurity issues, including how these are impacting their enterprise and the wider business community.

The International Cyber Benchmarks Index figure is calculated using five of the survey questions that are repeated in every survey and tracked over time. An initial figure is taken from the percentage of enterprises that say notable recent cyber events have directly affected the way they protect their business. This figure is multiplied by the average “net increase” percentages from across three separate questions, reflecting (1) the change in the level of threat, (2) the change in the level of attack and (3) the change in the threat landscape. This figure is then multiplied by the percentage of enterprises that have ever been on the receiving end of a DDoS attack. The maximum (theoretical) potential index score is 100.

About the Neustar International Security Council

The Neustar International Security Council is an elite group of select cybersecurity leaders across key industries and companies. Through face-to-face events including an annual summit, quarterly thought-leadership seminars and regional roundtables, members learn and share the latest trends from leading experts and peers. For more information: https://www.nisc.neustar/.

 

About Neustar, Inc. 

Neustar is an information services and technology company and a leader in identity resolution providing the data and technology that enables trusted connections between companies and people at the moments that matter most. Neustar offers industry-leading solutions in marketing, risk, communications, security and registry that responsibly connect data on people, devices and locations, continuously corroborated through billions of transactions. Neustar serves more than 8,000 clients worldwide, including 60 of the Fortune 100. Learn how your company can benefit from the power of trusted connections here: https://www.home.neustar.

 

 

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Why Cyber-Risk Is a C-Suite Issue
Marc Wilczek, Digital Strategist & CIO Advisor,  11/12/2019
6 Small-Business Password Managers
Curtis Franklin Jr., Senior Editor at Dark Reading,  11/8/2019
Unreasonable Security Best Practices vs. Good Risk Management
Jack Freund, Director, Risk Science at RiskLens,  11/13/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: This comment is waiting for review by our moderators.
Current Issue
Navigating the Deluge of Security Data
In this Tech Digest, Dark Reading shares the experiences of some top security practitioners as they navigate volumes of security data. We examine some examples of how enterprises can cull this data to find the clues they need.
Flash Poll
Rethinking Enterprise Data Defense
Rethinking Enterprise Data Defense
Frustrated with recurring intrusions and breaches, cybersecurity professionals are questioning some of the industrys conventional wisdom. Heres a look at what theyre thinking about.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2013-4108
PUBLISHED: 2019-11-14
Multiple unspecified vulnerabilities in Cryptocat Project Cryptocat 2.0.18 have unknown impact and attack vectors.
CVE-2018-12207
PUBLISHED: 2019-11-14
Improper invalidation for page table updates by a virtual guest operating system for multiple Intel(R) Processors may allow an authenticated user to potentially enable denial of service of the host system via local access.
CVE-2019-0117
PUBLISHED: 2019-11-14
Insufficient access control in protected memory subsystem for Intel(R) SGX for 6th, 7th, 8th, 9th Generation Intel(R) Core(TM) Processor Families; Intel(R) Xeon(R) Processor E3-1500 v5, v6 Families; Intel(R) Xeon(R) E-2100 & E-2200 Processor Families with Intel(R) Processor Graphics may allow a ...
CVE-2019-0123
PUBLISHED: 2019-11-14
Insufficient memory protection in Intel(R) 6th Generation Core Processors and greater, supporting SGX, may allow a privileged user to potentially enable escalation of privilege via local access.
CVE-2019-0124
PUBLISHED: 2019-11-14
Insufficient memory protection in Intel(R) 6th Generation Core Processors and greater, supporting TXT, may allow a privileged user to potentially enable escalation of privilege via local access.