threat monitoring

New 2017 Threat Monitoring, Detection, and Response Report Shows Dramatic Rise in Threats

In Cyber Security Threats by Devesh Panchwagh

Results from the new 2017 Threat Monitoring, Detection, and Response Report indicate that companies continue to lose ground to emerging cyber threats. Over the last six months, there has been a dramatic rise in ransomware attacks and insider threat attacks that have led to data loss and reputational harm.

Delta Risk partnered with the Information Security Community on LinkedIn to develop the in-depth study. The final report, published by Crowd Research Partners, compiled responses from more than 400 cyber security professionals. It provides a snapshot of views on challenges and solutions regarding insider and external threats, preventative measures, threat monitoring and data collection, threat intelligence, threat detection, threat hunting, threat analytics, incident response, and incident recovery.

“Threats are at an all-time high,” adds Holger Schulze, founder of the Information Security Community on LinkedIn. “Security professionals say they are losing ground because of a lack of advanced security staff, low security awareness among employees, and slow speed of threat response as key contributing factors.”

Key Takeaways from Cyber Security Community

The results indicate that the most significant concerns for cyber security professionals include ransomware (48%), phishing attacks (48%), and attendant data loss (47%). The level of concern with these threat categories has grown significantly over the past six months.

Respondents experienced significant challenges in responding to advanced threats the most significant being the ability to detect threats (62%). Interestingly, survey participants also noted concerns with the lack of advanced security staff (41%) and slow speed of response (23%).

As with prior surveys, lack of budget (51%), lack of skilled personnel (49%), and lack of security awareness (49%) weighed in as the most significant obstacles facing security teams. A substantial proportion of organizations use threat intelligence platforms with 57% using one or more commercial threat intelligence providers, followed by 47% using open source platforms.

Insider threats continue to be a growing concern, with more half of respondents indicating they saw an increase in these threats over the past year, with inadvertent breaches (61%) identified as the leading cause. User training was identified by 57% of respondents as their leading method for combating such threats.

This study not only offers the latest data points and trends from cyber security professionals, and offers valuable benchmark data that can help you measure how your own organization compares with others. Get your copy of the 2017 Threat Monitoring report today.

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