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The Current State Of Cybersecurity Shows Now Is The Time For Zero Trust

November 9, 2018

By: Louis Columbus

  • 41% of total breaches in 2017 targeted the healthcare industry, making it the most popular target for breach attempts.
  • Personally Identifiable Information (PII) combined with user credentials tops the percentage of breaches with 29% according to Wipro’s report.
  • 88 records were lost or stolen every second in 2017 according to Wipro’s analysis.
  • Machine learning & AI are the second highest ranking security competencies for the future.

These and many other fascinating findings are from Wipro’s State of Cybersecurity Report 2018. A copy of the report can be downloaded here (PDF, 96 pp., no opt-in). The study is based on four primary sources of data including primary research of Wipro customers, Cyber Defense Center (CDC) primary research, secondary research sources and Wipro partner content. 42% of respondents are from North America, 10% from Europe, 18% from the Middle East, 21% from Asia and 8% from Australia. For additional details on the methodology, please see pages 3 through 5 of the report.

Banking & Financial Services and Healthcare Breaches Most Common

Over 40% of all breaches Wipro was able to track using their CDCs are targeted at healthcare, followed by banking & financial services with 18%. This is consistent with Verizon’s 2018 Data Breach Investigations Report which shows healthcare leading all industries with five times the number of breaches experienced than any other industry. Banking & financial services receive more server-based breach incidents than any other industry according to Verizon’s latest study. Accenture’s study, “Losing the Cyber Culture War in Healthcare: Accenture 2018 Healthcare Workforce Survey on Cybersecurity” found that 18% of healthcare employees are willing to sell confidential data to unauthorized parties for as little as $500 to $1,000.

Wipro’s State of Cybersecurity Report 2018 underscores how all industries are facing a security crisis today. The study shows how all industries need a more scalable approach to security that protects every attack surface by validating every access request on every device, for every resource.  Zero Trust Security (ZTS) continues to be proven effective in thwarting breach attempts across all industries by relying on its four core pillars of verifying the identity of every user, validating every device, limiting access and privilege, as well as relying on machine learning to analyze user behavior and gain greater insights from analytics. Leaders in this field include Centrify for Privileged Access Management, Idaptive, (a new company soon to be spun out from Centrify) for Next-Gen Access, as well as CiscoF5 and Palo Alto Networksin networking.

More: https://www.forbes.com/sites/louiscolumbus/2018/10/14/the-current-state-of-cybersecurity

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