G4S Africa supports small business development thr... » The latest product in the G4S Deposita range is a smart safe system called mini-pay that holds up to... Commissioner's statement following incident in Man... » This is an utterly appalling attack. My thoughts are with the people of Manchester as they try to co... UPDATE: Policing events in the Capital » Following the horrific terrorist attack in Manchester last night, in which 22 people were killed and... Statement from Assistant Commissioner » Statement from Assistant Commissioner Mark Rowley, Head of National Counter Terrorism Policing: The... Met intensifies policing activities in London fol... » The Metropolitan Police Service (MPS) has increased police numbers and operations across the Capital... OF FOOLS OF THE MIDDLE BELT, ONE NORTH AND PASTORA... » Please visit also: www.scorpionnewscorp.com SERIES: BUHARISM AND THE FIERCE URGENCY OF NOW A treat... Home Secretary’s statement on the Manchester attac... » I know that some people will only just be waking up to the news of the horrific attacks in Mancheste... Checkpoint Systems unveils Bug Tag 2 loss preventi... » Checkpoint Systems has announced the launch of Bug Tag 2 – an innovative loss prevention solution th... Edesix launches new head and torso mounted body wo... » Edesix has announced the launch of new head and torso mounted cameras. The X-100 is a side-mounta... Banknote Watch offers essential advice as old £5 i... » As of Friday 5th May 2017, the paper £5 note was officially withdrawn from circulation and no lo...

CLICK HERE TO

Advertise with Vigilance

SOCIAL BOOKMARK

Got News?

Got news for Vigilance?

Have you got news/articles for us? We welcome news stories and articles from security experts, intelligence analysts, industry players, security correspondents in the main stream media and our numerous readers across the globe.

READ MORE

Subscribe to Vigilance Weekly

London, UK: New research reveals that cyberattacks on the government sector doubled in 2016, hiking to 14% from 7% of all cyber security attacks in 2015. Attacks on the finance sector also rose dramatically from just 3% in 2015 to 14% of all attacks in 2016.

 

The manufacturing sector came in at third place at 13%, while the retail sector, which topped the list of all cybersecurity attacks on all sectors in 2015 moved down into fourth place (11%).

This is according to Dimension Data’s Executive’s Guide to the NTT Security 2017 Global Threat Intelligence Report, which was compiled from data collected by NTT Security and other NTT operating companies including Dimension Data, from the networks of 10,000 clients across five continents, 3.5 trillion security logs, 6.2 billion attempted attacks, and global honeypots[1] and sandboxes[2] located in over 100 different countries.

The report pinpoints a number of global geo-political events which could have contributed to the government sector being a cybersecurity attack target. These include:

· the US presidential election campaign

· a new US administration with a more aggressive stance toward China and North Korea

· China adopting a more aggressive policy stance in securing its vital ‘core interests’

· US and European Union-led economic sanctions against Russia

· Russian state-sponsored actors continuing cyber operations against Western targets

· growing negative sentiment in the Middle East against the West’s aggression towards Syria

Matthew Gyde, Dimension Data’s Group Executive – Security said, “Governments all over the world are constantly under the threat of sophisticated attacks launched by rival nation-states, terrorist groups, hacktivists, and cyber criminals. That’s because government agencies hold vast amounts of sensitive information – from personnel records, budgetary data, and sensitive communications, to intelligence findings. What’s interesting is that this year we saw numerous incidents involving insider threats

Commenting on the financial services industry, Gyde said the ongoing attacks in the financial services industry is no surprise. “These organisations have large amounts of digital assets and sensitive customer data. Gaining access to them enables cybercriminals to monetise personally identifiable information and credit card data in the underground economy.”

Other highlights in the report are:

· 63% of all cyberattacks originated from IP addresses in the US, followed by the UK (4%), and China (3%). The US is the predominant location of cloud-hosted infrastructure globally. Threat actors often utilise public cloud to orchestrate attacks due to the low cost and stability of this infrastructure.

· The Internet of Things (IoT) and operating technology (OT) devices must be considered as both a potential source and target of attack. Of the IoT attacks detected in 2016, some 66% were attempting to discover specific devices such as a particular model of video camera, 3% were seeking a web server or other type of server, while 2% were attempting to attack a database.

· The top cybersecurity threats facing digital businesses are phishing, social engineering, and ransomware; business email compromise; IoT and distributed-denial-of-service (DDoS) attacks; and attacks targeting end-users.