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TMCNet:  No Christmas Fun for IT as They Admit to Losing the Cyber-Warfare Battle

[December 16, 2013]

No Christmas Fun for IT as They Admit to Losing the Cyber-Warfare Battle

SANTA CLARA, Calif. & LONDON --(Business Wire)--

RedSeal Networks, the leader in network infrastructure security management (NISM), announced the results of a survey that was conducted amongst 350 IT professionals from a range of companies across the United Kingdom. The full report is available to view in PDF.

As most other departments are celebrating the Christmas spirit, give a thought to the IT professionals who feel more like groaning "Bah humbug" than "Merry Christmas," as they admit to feeling lost when it comes to trying to protect the company against cyber-attacks and cyber-criminals. This could be a big problem for all of us, as 41 percent of IT Professionals believe it is only a matter of time before there is a major cyber-attack against the United Kingdom's critical national infrastructure. Further, 17 percent are simply not convinced it will not happen.

According to the research released today by RedSeal Networks, and conducted by OnePoll, 30 percent of IT departments admit they have to turn a blind eye to critical security vulnerabilities because they just do not have the time or tools to sort them out, and 28 percent said they need more sophisticated tools to help them make sense of the deluge of data.

The research found that the conseqences of the growing onslaught of cyber-attacks against today's companies have resulted in the following:

  • 55 percent said that they cannot or do not know if they can truthfully assure the Board that they are secure.
  • 51 percent of IT professionals could not walk into a board meeting and provide the board with key performance indicators to show what level of success their investment is having in defending the network against the hacking community.
  • Only 40 percent are sure that IT personnel and the Board speak the same language and get the budgets they need. The remaining 60 percent were not so sure.
  • 44 percent of companies just do not know or cannot answer if they are being hacked because their systems are so overloaded with data they cannot pinpoint cyber-attacks.
  • 43 percent claim to have visibility into their global network. The other 57 percent are not so sure. Therefore, a majority of them are having to fight against threats as if they were blindfolded.

"It's pretty clear that the majority of today's companies just don't have enough visibility into their networks and therefore don't know what needs protecting and what doesn't," said Parveen Jain, CEO at RedSeal Networks. "We often see major corporations being attacked day in and day out, but since they don't have a full understanding of their infrastructure security weaknesses and risk gaps, they don't know where and how to put up their defenses."

When asked whether they felt as though they are losing a fighting battle against the cyber-criminals, one-third agreed that they were playing a perpetual game of cat and mouse when it came to defending their systems. They also felt that they can never catch up with the cyber-criminals.

Jain concludes, "The cyber-criminal community knows that companies are overwhelmed with too much data and don't have the resources or tools to protect their most valuable assets, so they take advantage of the weak spots. Our advice is to utilise automated solutions such as RedSeal Networks, so that you can hone in on the vital vulnerable data with actionable intelligence. This way, IT can get visualisation of their end-to-end network security architecture, enabling them to defend their systems against today's sophisticated cyber-attacks. Then, when all goes well, IT can get their Christmas bonus!"

About RedSeal Networks
RedSeal Networks is the leading provider of network infrastructure security management solutions that continuously provide network visualization and identify critical attack risk and non-compliance in complex security infrastructure. It provides network, security, and risk management teams with a firm understanding of where security is working, where investment is needed, and where greatest cyber attack risks lie. This understanding, or "security intelligence," enables organizations to allocate resources where needed most, embed best practice into daily operations, and take prioritized action where needed. The world's largest government and commercial organizations use RedSeal security intelligence to build world-class operations that systematically reduce attack risk over time.

For more information, visit RedSeal at www.redsealnetworks.com.


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