15% of Enterprises Experience a Targeted Attack: Kaspersky Lab

The cybersecurity market in India is growing exponentially and is expected to employ over a million professionals by 2025. With 15% of enterprises have experienced a targeted attack and more than 53% losing sensitive data as a result, India’s need for cybersecurity has never been more vital. The attacks are becoming more and more sophisticated, with phishing, identity thefts, advanced worms, DOS and DDOS all attacking vulnerable users who aren’t equipped to deal with them.

In a recent CISO Summit held in Mumbai, Kaspersky Lab presented on “Efficiently Managing Risks with Cyber Threat Intelligence”, where Sidharth Mutreja, enterprise solutions architect of Kaspersky Lab, explained the steps and criteria required in managing cybersecurity risks with threat intelligence. Counteracting modern cyber threats requires a 360-degree view of the tactics and tools used by threat actors, in order to maintain immunity to even previously unseen cyber-attacks.

The latest study paper by Kaspersky Lab has thrown lights on how to identify the attacker, how to make well-informed and strategic ways of threat detection, understanding the seriousness of the attack and its long-and-short term repercussions. The presentation also highlighted Kaspersky CyberTrace – a threat intelligence fusion and analysis tool, which provides real-time ‘situational awareness’, helping Tier 1 analysts to make timely and better-informed decisions.

Timely information on the risks associated with an organization’s digital footprint allows the company to focus on its defensive strategy on the areas identified as prime cyberattack targets as well as make fully-informed budgeting and staffing decisions.

Mutreja said at the event that with the ever-evolving threat landscape, organizations need to be more proactive in their approach for cybersecurity. Besides, as a proactive measure, security teams need to embrace Cyber Threat Intelligence encompassing Technical, Operational, Tactical and Strategic Threat Intelligence into their existing security operations to leverage specific intelligence for proactive countermeasures & threat hunting. Today’s cybersecurity approach in terms of solutions & services don’t just have to be as advanced as the threats but should be able to strike down a threat even before it hits. Hence, it is of critical importance that the organization today enhances its predictive & pre-emptive capabilities with Cyber Threat Intelligence.