Top Threats to Business in Today’s Cybersecurity Landscape

Today’s cyber threats don’t occur in isolation. Overwhelming a website with a distributed-denial-of-service (DDoS) can be a smokescreen, diverting attention away from a malware or ransomware attack.

These interconnected and layered threats continue to challenge enterprise security, and a recently published report from the Neustar International Security Council (NISC) revealed that security professionals are increasingly concerned over the threat fresh internet of things (IoT) traffic poses for botnet attacks.

The latest International Cyber Benchmarks Index reflects today’s international cybersecurity landscape, the results of which represent the views of professionals across the globe, including France, Germany, Italy, Spain, the U.S. and the U.K. Of the 300 security professionals surveyed, the majority (52 percent) of respondents identified DDoS attacks as the greatest overall threat to businesses. In addition, 75 percent said they were deeply concerned about bot traffic.

While bot traffic and DDoS are among the highest threats, phishing attacks were considered the fastest growing concern among the survey participants. “Fears around bot traffic and bot-powered DDoS attacks are extremely valid but by no means new,” said Rodney Joffe, head of the NISC and Neustar senior vice president and fellow.

“The ability for bots to cause havoc at a global level has increased significantly. Without the appropriate detection, data scrubbing and mitigation tools in place, IoT devices have the potential to become part of a malicious botnet, whereby hackers essentially weaponize these devices to launch more powerful DDoS attacks.

“It is imperative that businesses employ a holistic protection strategy across every layer for the best level of protection. Implementing a Web Application Firewall (WAF) is crucial for preventing bot-based volumetric attacks, as well as threats that target the application layer.”

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Article Written by Kacy Zurkus | View all articles by Kacy Zurkus