Many businesses across New Zealand are still failing to protect themselves adequately from the increasingly-sophisticated techniques used by cyber criminals to target physical and virtual data centres.
Multi-dimensional attacks that use a variety of tools can put sensitive data at risk.
“It is important for organisations to see how the threat landscape and cyber criminals’ techniques are changing,” says Armando Dacal, VP of Australia and New Zealand, Palo Alto Networks.
“Businesses are at great risk of suffering significant financial and reputational damage as cyber criminals target data centres to steal financial data.”
The risk of network breach constantly increases as cyber crime techniques evolve - in 2014, 783 data breaches resulted in the loss of more than 85 million records from organisations around the world.
The number of data breaches this year is already tracking worse than 2014 with cyber criminals using automated attacks costing business millions of dollars in missed revenue by compromising customer data.
“An organisation is only as strong as its weakest entry point,” Dacal adds.
“A prevention mindset should drive effective strategy and organisations must consider multiple points working together to prevent all aspects of an attack.”
Palo Alto Networks has identified four key ways to prevent data breaches:
1. Block evasion techniques:
Organisations can block the different techniques attackers can use to evade detection and establish command-and-control channels. This increases the effectiveness of monitoring tools that can detect malware and suspicious network activity.
2. Prevent malware:
Preventing both unknown and polymorphic malware from being installed lessens the risk of data being stolen from the organisation. Applications that are unknown or behave in an unexpected manner should be blacklisted and made unavailable for installation.
3. Block vulnerability exploitation:
Organisations can block the different techniques that attackers must follow to exploit vulnerabilities. This decreases the overall attack surface available to cyber criminals and makes it more difficult, and potentially expensive, for them to penetrate the organisation.
4. Proactively monitor:
Organisations that closely monitor and control communications are better prepared to recognise when legitimate identities are hijacked. This helps to protect the organisation from malware moving laterally through the network.
Detection technologies and incidence response should be coupled with a preventative mindset to stop criminals from penetrating systems.
“It is impossible to keep up with threats if the organisation’s only answer is to clean up after the attack,” Dacal adds.
“Businesses need to feel confident that the enterprise security platform prevents advanced threats at all steps in the attack kill chain.”