There are many reasons why an enterprise may want to implement a bug bounty program. Most notably is that no matter how good an organization’s software testing is, how proficiently developers code security, or how thorough an organization’s software security assessments– there will always be flaws. These flaws make it possible for attackers to exploit security vulnerabilities and bypass security defenses.
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Predictions are never easy, and they are seldom right or very useful: but they are always fun. And as the holiday season is upon us and the New Year approaches so does the time of year reflection and, you guessed it: cybersecurity predictions.
A Bitdefender study on large UK companies revealed that 75 percent of IT decision makers fear having to pay financial compensation in case of a security breach, while 69 percent even fear their own job safety. Moreover, 53 percent of IT decision makers are concerned regarding the security management of hybrid infrastructures.
Some 47% of IT professionals are unable to monitor workloads across clouds, while 44% agree or strongly agree there is insufficient network control and monitoring in the cloud, according to a Bitdefender survey on US IT decision makers.
There’s no doubt that enterprise environments are growing more complex by the day. Just consider the fluid nature of cloud computing and virtualization, the increase in the number of workloads, applications, and types of applications, coupled with the fact that they are distributed among on-premises and various types of cloud, and the explosion of mobile and accelerated adoption of IoT in recent years.
The main cyber threats companies are not prepared for are: outsider attack (43%), data vulnerability (38%), insider sabotage (35%), user errors (35%), and phishing (35%), according to a Bitdefender survey on US IT decision makers.
Companies are slowly joining the bandwagon with hybrid cloud adoption, but Gartner estimates that it’s still three to five years from going mainstream. By the end of 2015, only 15 percent of enterprises have adopted it so far, although the demand for hybrid cloud is estimated to be growing at a compound rate of 27% a year, outpacing overall IT market growth, according to researcher MarketsandMarkets, cited by The Journal. The company said it expects the hybrid cloud market to reach $85 billion in 2019, up from $25 billion in 2014.
An October 2016 Bitdefender survey of 250 IT decision makers in the United States in companies with more than 1,000 PCs shows that virtualization is a strategic priority, yet they are still not fully ready for the security challenges this environment brings. Hybrid infrastructures have become the major common architecture in the enterprise environment and CIOs have to adapt to the new world.
Advanced Persistent Threats are the plague of enterprise security, crippling businesses and IT careers through costly data breaches and massive losses. They routinely evade traditional security systems and steal confidential corporate information without a trace.
Companies’ attackable surface area has increased by a factor of two to 100 times as CIOs have started migrating corporate information from traditional data centers to a cloud infrastructure, boosting server workloads, according to a recent research.
The internet is a far stranger place than the average user gets to experience. It’s used not only for everyday activities such as looking up recipes and updating Facebook statuses, but also for activities that might land users in jail.
Some time ago we examined the key cyber security issues and challenges facing a number of industries. Things change fast in the security arena, so we thought it would make sense to provide an updated look at some of these sectors.