Advanced threat report reveals long security risk detection time - DAC Beachcroft

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Advanced threat report reveals long security risk detection time

Published On: 18 June 2015

A survey carried out by the Ponemon institute (a research institute specialising in privacy, data protection and information security policy) and sponsored by the Arbor Network, has revealed that the time it takes to identify an advanced threat in financial services firms and retail firms is very long.

The survey revealed a range of other key findings including that "43 percent of financial services firms have established threat sharing with other companies or government entities". 71 percent of financial services firms "view technologies that provide intelligence about networks and traffic as most promising at stopping or minimizing advance threats during the seven phases of the Kill Chain". In the retail sector only "17 percent have established threat sharing with other companies or government entities".

To view the Arbor Network's article on this topic, please click here.

To view the Ponemon Institutes report: "Advanced Threats in Financial Services" please click here.

What action could be taken to manage risks that may arise from this development?

Companies should consider participation in threat sharing programmes, if it doesn’t already participate.

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