Security has been a leading topic throughout 2017 across all industries. Malware, more specifically ransomware, has been a dominant cyber threat with damage costs predicted to exceed $5 billion this year, according to Cybersecurity Ventures.
Cisco has 5000 individuals working across the business creating their great security products, which enables them to collect telemetry and gather data. They also work across the portfolio to incorporate public and private feeds and partner with the open source community to get a comprehensive understanding of what is happening in the security community. The intelligence gathered is taken and turned into real-time protection in Cisco products and the telemetry is fed into the annual cybersecurity report.
This year businesses deal not only with the consequences of remediating a breach, but also the consequences they deal with from public disclosure of a breach, including:
The top security challenges organizations are facing this year include:
The annual report also provides insights as to how Cisco can help improve organizations security posture. Cisco has taken an approach that integrates security and digitization of IT infrastructures with a goal to simplify organizations infrastructure and integrate the different solutions used. Cisco’s integrated security strategy is focused on effectiveness, cost effectiveness, and improved risk management. This strategy includes a resourced expert security IT team, and is designed to allow the right tools, process, and policies to work together in automated way.
A key metric focused on in recent year is time to detection (TTD), but Cisco has also shifted focus to a new metric: how quickly attackers are shifting tactics and evolving to avoid detection, or “time to evolve”. This year the company began to look at how quickly attackers are evolving to adapt their techniques and essentially maintain the effectiveness of the malware they are utilizing.