Password Cyberattack: Everything You Need to Know
Cybersecurity leaders consistently rank passwords among the top concerns, recognizing them as critical gateways to sensitive data but also as prime targets for malicious entities.
OPSWAT, a global leader in critical infrastructure protection (CIP) cybersecurity solutions, recently released its 2023 State of Web Application Security report. The report reveals that although organizations invest heavily in infrastructure upgrades and security budgets, only 2% of industry experts feel confident about their security strategies.
According to the 2023 report, the transition towards public cloud hosting and containerization, already embraced or planned by an impressive 97% of organizations, has become the predominant trend. However, this shift has also led to an alarming increase in concerns around file-based malware. The finding further exacerbates this concern in five or fewer antivirus (AV) engines for detecting malicious file uploads, potentially leaving them vulnerable to sophisticated cyber threats.
The report also highlights an interesting trend related to the use of Content Disarm and Reconstruction (CDR), a proactive measure against evolving cyber threats. While larger organizations handling a higher volume of files have been quick to adopt CDR, smaller organizations seem to lag behind, indicating a significant market disparity.
“As organizations continue to shift their operations to the cloud, the need for effective security measures has become even more critical,” states the report by OPSWAT. By providing a comprehensive overview of new and existing cybersecurity trends and patterns, the report underlines the expanding digital threat landscape that affects both Information Technology (IT) and Operational Technology (OT) systems.
Key findings from the 2023 report include:
The use of multiple AV engines to secure against malicious file uploads and malware can provide additional layers of protection and increase the detection rate. Each AV engine has its own set of rules and algorithms for detecting threats, and combining them can reduce the risk of false negatives.
According to the report, increased budgets have not necessarily led to using more antivirus engines. Approximately 52% of organizations use between 2 to 5 AV engines to detect malicious file uploads. This trend may leave companies vulnerable to new and emerging threats that could evade detection by utilizing too few AV solutions. It is crucial for organizations to strike a balance between security and practicality when it comes to their AV strategies.
The report also provides actionable insights, showing that utilizing 8 anti-malware engines identified nearly 90% of the most prevalent 10,000 threats. Expanding the number of engines to 20 led to a detection rate that soared to 96%. Moreover, employing more than 30 engines saw detection accuracy rocket to over 99%. This underscores the significant benefits of implementing multiple engines in fortifying your defenses against the relentless tide of emerging threats.
However, it’s worth noting that only 3% of organizations use more than 30 engines. This suggests that while the benefits of using more engines are clear, many organizations may not be taking full advantage of this strategy.
In the maze of cybersecurity measures, organizations often find themselves driven by the need to comply with regulations and best practices. The General Data Protection Regulation (GDPR) leads the pack, driving security measures in 56% of companies. Other significant regulations influencing companies include ISO 27001, Center for Information Security (CIS), Payment Card Industry Data Security Standard (PCI DSS), and Health Insurance Portability and Accountability Act (HIPAA). These compliance requirements serve as catalysts, pushing organizations to bolster their cybersecurity measures.
Additional findings from the 2023 State of Web Application Security Report include:
“OPSWAT’s findings reinforce how imperative it is to establish a proactive defense strategy that goes beyond traditional measures,” said Yiyi Miao, Chief Product Officer at OPSWAT. “A comprehensive, layered defense approach not only incorporates zero-trust technology and solutions; it also entails empowering the human element through robust education and training—an area where CIP Cyber truly excels.”
Industrial Cybersecurity
September 28, 2023
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By subscribing to our mailing list, you will be enrolled to receive our new trainings, latest blog posts, product news, and more.
Transform your cybersecurity skills with CIP Cyber’s comprehensive training & course offerings