Three in four IT managers in the UK fear having to pay financial compensation in case of a security breach

Razvan Muresan

December 08, 2016

Three in four IT managers in the UK fear having to pay financial compensation in case of a security breach

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.

Cloud adoption and the widespread usage of hybrid infrastructures will bring unknown security challenges that CIOs have to prevent by adopting breakthrough technologies able to fight zero-day exploits, Advanced Persistent Threats, and other devastating types of cybercrime. A Bitdefender

The main security concerns when migrating data to a hybrid model are: security of backups and snapshots (57%), security of data in transit (54%), increased attack surface (52%), security of data at rest (51%), lack of visibility into what is happening on the virtual instance (40%).

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. The company said it expects the hybrid cloud market to reach $85 billion in 2019, up from $25 billion in 2014.

As a result, the hybrid infrastructure has become the major common architecture in the enterprise environment, with the hypervisor now sitting as an intermediary between virtualized endpoints and physical hardware. But endpoint security has not, until now, experienced the same paradigm shift. Traditional network-level security may run as a virtual appliance, but still essentially performs inspection of network traffic just as it did before. Traditional security agents running in protected systems may offload scanning to a virtual appliance for performance, but are still constrained by technical limitations of running within the endpoint operating system.

“As applications became mission-critical, and desktop servers moved into formal data centers, the number of physical servers in a data center grew exponentially, making the job of managing this environment increasingly complex and expensive, says Bitdefender’s Head of Antimalware and Antispam Labs, Viorel Canja. Today, data centers are moving from isolated systems to interconnected pools of virtualized resources shared between multiple locations. Once an aspiration, the prospect of a fully virtualized data center is becoming a reality. Yet, while the benefits of virtualizing applications, desktops, hardware or networks are self-evident, security failed, until now, to align to this new paradigm.”

Until now, the very concept of endpoint security was constrained to security agents running within a host OS on endpoints – the Windows and Linux servers and desktop operating systems upon which every modern organization depends – or as network devices, and attackers have been taking advantage of this. Bitdefender has solved the technical challenges of creating a solution to the root problem, giving datacenter owners unprecedented insight, and allowing them to act on information from below the operating system. It is the only security company that provides security at the ring-1 level.

“Hypervisor introspection is a giant leap towards revolutionizing security as we know it, says Bitdefender’s Viorel Canja adds. Virtualization technology continues to evolve, with increased levels of automation and comprehensive frameworks for managing the virtualized environment more efficiently. In this context, the hypervisor-based introspection technology is a future-proof advancement with numerous applications in other fields and industries.”

This survey was conducted in November 2016 by iSense Solutions for Bitdefender on 153 IT security purchase professionals (IT managers/ directors – 48 percent, CIOs/CEOs – 25 percent, IT system administrators – 9 percent, IT support specialists – 10 percent, CISOs – 5 percent and others), from enterprises with 1,000+ PCs based in the United Kingdom.

Contact an expert

tags


Author


Razvan Muresan

Former business journalist, Razvan is passionate about supporting SMEs into building communities and exchanging knowledge on entrepreneurship. He enjoys having innovative approaches on hot topics and thinks that the massive amount of information that attacks us on a daily basis via TV and internet makes us less informed than we even think. The lack of relevance is the main issue in nowadays environment so he plans to emphasize real news on Bitdefender blogs.

View all posts

You might also like

Bookmarks


loader