Cyber security has recently leapt to the forefront of the industry as a result of two major technological shifts. First, data is being stored in new ways and places. As our lives become increasingly digital, the number of vulnerabilities rises exponentially. More and more of our world is provisioned as a service – including software, infrastructure, platforms, and networks. Enterprises are no longer limited to four walls. Users can access data anytime, anywhere, often from unsecured networks. To ensure even the bare minimum of data security, we need a new set of solutions to fit this flexible new world.
Second, new types of threats are emerging at a speed and complexity level never before seen. There are now more than a million malicious apps in existence – and another 2.3 million ‘grayware’ apps lurking in the background. Criminals, hacktivists, and even nation states are in on the game. Data is not just being stolen, it is now being manipulated, held ransom, or deleted. In a recent study, Symantec found that ransomware attacks grew 113% in 2014, along with 45 times more crypto-ransomware attacks. Breaches grew by 23%, representing 348 million exposed identities. Although e-commerce and financial payment giants remain the most popular targets, we are seeing a rise in industrial level attacks, particularly in the mining, manufacturing, and transportation segments. With the Internet of Things gaining speed, we are also faced with a brave new world where cars, homes, and airplanes are potentially at risk.