Intelligent CISO Issue 15 | Page 21

cyber trends • • • • • remedied. When the IC3 Recovery Asset Team acts upon BECs and works with the destination bank, half of all US-based business email compromises had 99% of the money recovered or frozen; and only 9% had nothing recovered Attacks on human resource personnel have decreased from last year: Findings saw six times fewer human resource personnel being impacted this year compared to last, correlating with W-2 tax form scams almost disappearing from the DBIR dataset Chip and Pin payment technology has started delivering security dividends: The number of physical terminal compromises in payment card-related breaches is decreasing compared to web application compromises Ransomware attacks are still going strong: They account for nearly 24% of incidents where malware was used. Ransomware has become so commonplace that it is less frequently mentioned in the specialised media unless there is a high-profile target Media-hyped cryptomining attacks were hardly existent: These types of attacks were not listed in the top 10 malware varieties and only accounted for roughly 2% of incidents Outsider threats remain dominant: External threat actors are still the primary force behind attacks (69% of breaches) with insiders accounting for 34% Putting business sectors under the microscope the criminals remain the same. There is an urgent need for businesses – large and small – to put the security of their business and protection of customer data first. Often even basic security practices and common sense deter cybercrime,” said Sartin. Industry findings of note include: • Educational services: There was a noticeable shift towards financially- motivated crime (80%). A total of 35% of all breaches were due to human error and approximately a quarter of breaches arose from web application attacks, most of which were attributable to the use of stolen credentials used to access cloud- based email • Healthcare: This business sector continues to be the only industry to show a greater number of insider compared to external attacks (60 versus 42% respectively). Unsurprisingly, medical data is 18 times more likely to be compromised in this industry and when an internal actor is involved, it is 14 times more likely to be a medical professional such as a doctor or nurse • Manufacturing: For the second year in a row, financially-motivated attacks outnumber cyberespionage as the main reason for breaches in manufacturing and this year by a more significant percentage (68%) • Public sector: Cyberespionage rose this year; however, nearly 47% of breaches were only discovered years after the initial attack • Retail: Since 2015, Point of Sale (PoS) breaches have decreased by a factor of 10, while Web Application breaches are now 13 times more likely More data from highest number of contributors ever means deeper insights “We are privileged to include data from more contributors this year than ever before and had the pleasure of welcoming the FBI into our fold for the very first time,” said Sartin. “We are able to provide the valuable insights from our DBIR research as a result of the participation of our renowned contributors. We would like to thank them all for their continued support and welcome other organisations from around the world to join us in our forthcoming editions.” This is the 12th edition of the DBIR and boasts the highest number of global contributors so far – 73 contributors since its launch in 2008. It contains analysis of 41,686 security incidents, which includes 2,013 confirmed breaches. With this increase of contributors, Verizon saw a substantial increase of data to be analysed, totalling approximately 1.5 billion data points of non-incident data. This year’s report also debuts new metrics and reasoning which helps identify which services are seen as the most lucrative for attackers to both scan for and attack at scale. This analysis is based on honeypot and Internet scan data. u Once again, this year’s report highlights the biggest threats faced by individual industries and also offers guidance on what companies can do to mitigate against these risks. “Every year we analyse data and alert companies as to the latest cybercriminal trends in order for them to refocus their security strategies and proactively protect their businesses from cyberthreats. However, even though we see specific targets and attack locations change, ultimately the tactics used by www.intelligentciso.com | Issue 15 21