The majority of information technology decision makers in the UAE believe that their organisations were victims of cyber attacks in the last 12 months, and almost all of them expect to be targeted again in 2015, a recent survey commissioned by Bit9+Carbon Black, the provider of endpoint threat prevention, detection and response, showed.
About 86% of organisations polled by Vanson Bourne, an independent specialist in market research for the technology sector, suspect that their systems were breached in 2014, with 96% of them saying that they could be likely targeted again at any point over the next 12 months. All respondents have either full or partial responsibility for their organisations’ IT security, and are with organisations having at least 500 employees.
A variety of attackers launch their assault for diverse reasons, but the respondents expect that their organisations are more likely to be targeted by corporate competitors (45%); be attacked in order to be sabotaged (33%); and have their intellectual property (IP) stolen (36%).
Only a small portion of those polled, however, showed confidence in the ability of their systems to fight off possible online threats. The survey results revealed that only 7% of the respondents are completely confident in their companies’ anti-virus solutions, while only 5% rate their organisations’ detection abilities as excellent.
The results further disclosed slow response times to online breaches. Most respondents (71%) report that it takes more than 30 minutes to identify where malware has been introduced into the IT environment, while many of them (72%) say it takes more than 30 minutes to respond to a malware incident.
When asked what aspects of their organisations are the most vulnerable to cyber attacks, the respondents perceive mobile devices (31%) and infrastructure servers (24%) as the most susceptible.
Harry Sverdlove, Chief Technology Officer of Bit9+Carbon Black, said: “The survey clearly demonstrates that most organisations are being targeted, hence the need to consistently enhance and improve their information security. Cyber attacks hit companies of all types and sizes, often resulting in the theft of confidential information, substantial financial losses, and damaged reputations. Traditional endpoint security solutions, such as anti-virus, are insufficient against today’s advanced threats and targeted attacks.”
Bit9+Carbon Black commissioned the survey to shine a light on the cyber threat mindset of organisations in the region and help companies determine if they have the best endpoint security solution in place to protect their information, including customer data, from theft or destruction.
The study aims to provide a better understanding of the benefits of adapting powerful detection and response cyber security solutions for IT decision makers, CEOs, managing directors and enterprise owners. It also has the objective of helping understand the involvement of the respondents in huge projects such as ‘Smart City’ and ‘Smart Government,’ and how crucial it is to have a proficient cyber security system to protect enterprises from costly attacks.
