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Data Breaches Rise, Thefts Fall: Verizon`s Data Breach Investigations Report

By Jennifer Lawinski on 2011-04-21


While the number of compromised records involved in data breaches dropped sharply in 2010, the number of breaches was the largest to date – 760 breaches – according to the “2011 Verizon Data Breach Investigations Report.” The seeming disparity comes from a drop in large-scale breaches as cyber criminals instead focus on small, easy targets. Hacking and malware were the most prominent types of attacks, meaning CIOs still have to worry about the threats outside attacks pose to their enterprises. “This year, we witnessed highly automated and prolific external attacks, low and slow attacks, intricate internal fraud rings, countrywide device-tampering schemes, cunning social engineering plots and more. And yet, at the end of day, we found once again that the vast majority of breaches can be avoided without extremely difficult, expensive security measures,” said Peter Tippett, Verizon’s vice president of security and industry solutions. “A good offense remains the best defense. It is imperative to implement essential security measures broadly throughout your security infrastructure, whether that is a small home setup or an expansive enterprise infrastructure.” Verizon and the U.S. Secret Service collaborated on the report. Here are some of its key findings and recommendations to boost enterprise security.

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Smaller TargetsLarge-scale attacks decreased while attacks on SMBs were up. They could be easy targets with low security or it could indicate that hackers are growing leery of getting caught.

Beware Outsiders92% of data breaches were caused by external sources. Only 16% were insider attacks.

Physical Attacks on the RiseAttacks involving physical actions were up 50% over 2009. Manipulating credit-card devices is a common tactic.

Hackers and MalwareHackers were responsible for 50% of breaches. Malware was used in 49% but was responsible for 80% of lost data.

Password Security ProblemsWeak or stolen passwords remain a concern for enterprise security.

Six Tips for the Enterprise1. Focus on essential controls across the organization to make sure some areas aren’t neglected.

Six Tips for the Enterprise2. Eliminate unnecessary data. If you won’t need it, don’t keep it. Protect data that you do need.

Six Tips for the Enterprise3. Secure remote access and restrict services to specific IP addresses and networks. Make sure access is limited to sensitive data within the network.

Six Tips for the Enterprise4. Audit user accounts and monitor those with privileges. Managers can provide direction and make sure employees follow security policies and procedures.

Tips for the Enterprise5. Read your event logs and focus on the issues they reveal. It will help your response time.

Six Tips for the Enterprise6. Pay attention to physical security assets like credit card input devices, ATMs and gas pumps. They are targets for tampering and manipulation.

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