Connect with us

Hi, what are you looking for?

HEADLINES

97% of organizations are unprepared for Gen V cyber attacks, says Check Point Software 2018 Security Report

A key finding from the report is that over 300 mobile apps in trusted, reputable app stores are infected with malware, while cloud threats, crypto-mining attacks and IoT device vulnerabilities are on the rise.

IMAGE FROM PIXABAY.COM

Check Point Software Technologies Ltd., a provider of cybersecurity solutions globally, published the 2018 Security Report. The 2018 Security Report looks at the problems facing IT security professionals worldwide across all industries, providing cyber security professionals and C-Levels the information they need to protect their organizations from 5th generation cyber threats.

IMAGE FROM PIXABAY.COM

Drawing upon multiple surveys of IT professionals and C-level executives as well Check Point’s Threat Cloud and threat intelligence reports, the 2018 Security Report examines modern threats against various industries, encompassing health, manufacturing, and government verticals. A key finding from the report is that over 300 mobile apps in trusted, reputable app stores are infected with malware, while cloud threats, crypto-mining attacks and IoT device vulnerabilities are on the rise.

“We’re seeing a new generation of cyber-attacks – powered by leaked state-sponsored technology, these ‘Gen V’ attacks are multi-vector, fast-moving, and mega-scaled,” said Peter Alexander, chief marketing officer of Check Point Software Technologies. “Despite this, 77 percent of CISOs expressed concern that their organizations aren’t equipped to handle these modern day attacks, and the vast majority of organizations’ security infrastructures are woefully outdated. The 2018 Security Report offers knowledge, insights, solutions, and recommendations on how to prevent these attacks.”

Seeking to uncover even more information about the modern threat landscape, Check Point surveyed 443 IT and security professionals around the world about the challenges they face in securing against Gen V attacks. Survey results reinforced findings from the Security Report in highlighting that most organizations’ security is ten years and at least two generations behind the current 5th generation threat level underlining the worldwide, systemic Gen V vulnerability.

“The report provides a clear overview of a threat landscape where 5th Generation cyberattacks are becoming more and more frequent,” said Doug Cahill, group director and senior cybersecurity analyst at market research firm Enterprise Strategy Group. “No public or private enterprise is immune; hospitals, city governments and global corporations are all at risk, yet 97% of all organizations are not equipped to deal with these Gen V mega attacks, and this needs to change.”

Advertisement. Scroll to continue reading.
Advertisement
Advertisement
Advertisement

Like Us On Facebook

You May Also Like

HEADLINES

Maya has already integrated National ID eVerify, the Philippine Statistics Authority’s identity-verification service, into its onboarding process. Since early this year, eligible customers have been...

HEADLINES

In 2025 alone, Converge denied nearly 12 billion entry requests to websites hosting dangerous, inappropriate, and harmful content that attempted to pass through its...

HEADLINES

The announcement represents one of the first major third-party technology integrations following the launch of Sophos Fusion, demonstrating Sophos' commitment to an open ecosystem...

HEADLINES

APAC consumers are more concerned about digital tech usage for crime than consumers globally (35% vs 32%). The awareness is highest in Thailand (39%),...

HEADLINES

“It is the time for Radenta to demonstrate that it is strongly committed to protecting client data,” remarks Nereo Bolante, Co-Director, Radenta Ethics, Compliance, and Governance Team...

HEADLINES

Attackers are operationalizing artificial intelligence (AI) to collapse attack workflows from weeks to days. The report finds that AI’s most immediate impact on cybercrime...

HEADLINES

The prominence of identity attacks in ransomware indicates a shift in method, as attackers increasingly recognize identity as a key component in ransomware delivery....

HEADLINES

Password guessing and valid account misuse rank among the most effective tactics used by cyber criminals in 2025. This trend reflects a strategic shift,...

Advertisement