Welcome!

Adobe Flex Authors: Matthew Lobas, PR.com Newswire, Shelly Palmer, Kevin Benedict

News Feed Item

New Trustwave Report Uncovers Cybercrime Attack Targets, Victims, Motivations and Methods

2014 Trustwave Global Security Report Details Findings From Hundreds of 2013 Data Breach Investigations and Proprietary Threat Intelligence

CHICAGO, IL -- (Marketwired) -- 05/21/14 -- Trustwave today released the 2014 Trustwave Global Security Report which reveals the top cybercrime, data breach and security threat trends from 2013. The report includes the type of information most targeted, industries most compromised, how criminals typically got inside, when victims identified an attack, notable malware trends and other critical components of breaches that matter to businesses. It also reveals how cybercrime is impacting different regions of the world and offers recommendations for businesses to help them fight cybercrime, protect their data and reduce security risks.

Trustwave experts gathered the data from 691 breach investigations (a 54 percent increase from 2012) across 24 countries in addition to proprietary threat intelligence gleaned from the company's five global Security Operations Centers, telemetry from security technologies and ongoing threat research. All of the data was collected and analyzed by Trustwave experts.

Data and Systems Targeted

  • While payment card data continued to top the list of the types of data compromised, the report notes that 45 percent of data thefts in 2013 involved confidential, non-payment card data -- a 33 percent increase from 2012. Non-payment card data includes other sensitive and confidential information such as financial credentials, internal communications, personally identifiable information and various types of customer records.
  • E-commerce breaches were the most rampant making up 54 percent of assets targeted. Point-of-sale (POS) breaches accounted for 33 percent of our 2013 investigations and data centers made up 10 percent. Trustwave experts expect POS and e-commerce compromises to dominate into 2014 and beyond.

Victims of Compromise

  • When ranking the top ten victim locations, the report reveals the United States overwhelmingly house the most victims at 59 percent, which was more than four times as many as the next closest victim location, the United Kingdom, at 14 percent. Australia was ranked third, at 11 percent followed by Hong Kong and India, both at two percent. Canada was ranked sixth at 1 percent, tied with New Zealand, Ireland, Belgium and Mauritius.
  • Similar to 2012, retail once again was the top industry compromised making up 35 percent of the breaches Trustwave investigated in 2013. Food and beverage ranked second at 18 percent and hospitality ranked third at 11 percent.

Intrusion Methods

Malware Everywhere

  • Criminals continued to use malware as one of the top methods for getting inside and extracting data. The top three malware-hosting countries in 2013 were the United States (42 percent), Russia (13 percent) and Germany (9 percent).
  • Criminals relied most on Java applets as a malware delivery method -- 78 percent of exploits Trustwave detected took advantage of Java vulnerabilities.
  • Eighty-five percent of the exploits detected in 2013 were of third party plug-ins, including Java, Adobe Flash and Acrobat Reader.
  • Overall spam made up 70 percent of inbound mail, however malicious spam dropped five percent in 2013. Fifty-nine percent of malicious spam included malicious attachments and 41 percent included malicious links.

User Accidents

  • Unbeknownst to them, employees and individual users often open the door to criminals by using easily-guessable passwords. Trustwave experts found weak passwords led to an initial intrusion in 31 percent of compromises.
  • In December 2013, security researchers at Trustwave discovered a Pony botnet instance that compromised approximately two million accounts for popular websites. When analyzing those compromised credentials, Trustwave found that "123456" topped the list of the most commonly used password followed by "123456789," "1234" and then "password." Nearly 25 percent of the usernames had passwords stored for multiple sites.

Application Vulnerabilities

  • 96 percent of applications scanned by Trustwave in 2013 harbored one or more serious security vulnerabilities. The finding demonstrates the need for more application security testing during the development, production and active phases.

Detecting a Compromise

  • Trustwave experts found that self-detection continued to be low with 71 percent of compromised victims not detecting breaches themselves. However, the data also demonstrates how critical self-detection is improving the timeline to containment and therefore limiting the overall damage. For example, the median number of days it took organizations that self-detected a breach to contain the breach was one day whereas it took organizations 14 days to contain the breach when it was detected by a third party.
  • The report also reveals the median number of days from initial intrusion to detection was 87 and the median number of days from detection to containment was seven. Upon discovery of a breach, 67 percent of victims were able to contain it within 10 days. From 2012 to 2013, there was a decrease in the amount of time an organization took to contain a breach. In half of the compromises investigated by Trustwave, the victim contained the breach within four months of the initial intrusion.

"Security is a process that involves foresight, manpower, advanced skillsets, threat intelligence and technologies. If businesses are not fully equipped with all of these components, they are only increasing their chances of being the next data breach victim," said Robert J. McCullen, Chairman and Chief Executive Officer at Trustwave. "As we have seen in our investigations, breaches are going to happen. However, the more information businesses can arm themselves with regarding who are their potential attackers, what those criminals are after and how their team will identify, react and remediate a breach if it does occur, is key to protecting their data, users and overall business."

Action Plan
The 2014 Trustwave Global Security Report recommends businesses implement the following action plan:

1. Protect users from themselves: Educate employees on best security practices, including strong password creation and awareness of social engineering techniques like phishing. Invest in gateway security technologies as a fallback to automate protection from threats such as zero-day vulnerabilities, targeted malware and malicious email.
2. Annihilate weak passwords: Implement and enforce strong authentication policies. Thirty percent of the time, an attacker gains access because of a weak password. Strong passwords -- consisting of a minimum of seven characters and a combination of upper and lower case letters, symbols and numbers -- play a vital role in helping prevent a breach. Even better are passphrases that include eight to 10 words that make up a sentence that only the user knows. Businesses should also deploy two-factor authentication for employees who access the network. This forces users to verify their identity with information other than simply their username and password, like a unique code sent to a user's mobile phone.
3. Protect the rest: Secure all of your data, and don't lull yourself into a false sense of security just because you think your payment card data is protected. Assess your entire set of assets -- from endpoint to network to application to database. Any vulnerability in any asset could lead to the exposure of data. Combine ongoing testing and scanning of these assets to identify and fix flaws before an attacker can take advantage of them.
4. Model the Threat: Model the threat and test your systems' resilience to it with penetration testing. Pitting a security expert against your network hosts, applications and databases applies a real-world attacker's perspective to your systems (a threat model). A penetration test transcends merely identifying vulnerabilities by demonstrating how an attacker can take advantage of them and expose data.
5. Plan your response: Develop, institute and rehearse an incident response plan. Identify what sorts of events or indicators of compromise will trigger your incident response plan. A plan will help make your organization aware of a compromise sooner, limit its repercussions and shorten its duration.

Download a complimentary copy of the full 2014 Trustwave Global Security Report here.

About Trustwave
Trustwave helps businesses fight cybercrime, protect data and reduce security risks. With cloud and managed security services, integrated technologies and a team of security experts, ethical hackers and researchers, Trustwave enables businesses to transform the way they manage their information security and compliance programs while safely embracing business imperatives including big data, BYOD and social media. More than two million businesses are enrolled in the Trustwave TrustKeeper® cloud platform, through which Trustwave delivers automated, efficient and cost-effective data protection, risk management and threat intelligence. Trustwave is a privately held company, headquartered in Chicago, with customers in 96 countries. For more information about Trustwave, visit www.trustwave.com.

Follow Trustwave on Twitter at www.twitter.com/Trustwave, on Facebook at www.facebook.com/Trustwave, and on LinkedIn at www.linkedin.com/company/trustwave. All trademarks used herein remain the property of their respective owners. Their use does not indicate or imply a relationship between Trustwave and the owners of such trademarks.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, discussed the best practices that will ensure a successful smart city journey.
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
"Tintri was started in 2008 with the express purpose of building a storage appliance that is ideal for virtualized environments. We support a lot of different hypervisor platforms from VMware to OpenStack to Hyper-V," explained Dan Florea, Director of Product Management at Tintri, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at Dell EMC, introduced a methodology for capturing, enriching and sharing data (and analytics) across the organization...
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet and...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at 20th Cloud Expo, Ed Featherston, director/senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
"LinearHub provides smart video conferencing, which is the Roundee service, and we archive all the video conferences and we also provide the transcript," stated Sunghyuk Kim, CEO of LinearHub, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Internet of @ThingsExpo, taking place June 6-8, 2017 at the Javits Center in New York City, New York, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo New York Call for Papers is now open.
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Discover top technologies and tools all under one roof at April 24–28, 2017, at the Westin San Diego in San Diego, CA. Explore the Mobile Dev + Test and IoT Dev + Test Expo and enjoy all of these unique opportunities: The latest solutions, technologies, and tools in mobile or IoT software development and testing. Meet one-on-one with representatives from some of today's most innovative organizations
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
"A lot of times people will come to us and have a very diverse set of requirements or very customized need and we'll help them to implement it in a fashion that you can't just buy off of the shelf," explained Nick Rose, CTO of Enzu, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.