Cisco Annual Security Report Documents Unprecedented Growth of Advanced Attacks and Malicious Traffic

Threats Take Advantage of Expanding Attack Surface with New Technique

SAN JOSE, Calif., – Jan. 16, 2014 – The Cisco 2014 Annual Security Report, released today, reveals that threats designed to take advantage of users’ trust in systems, applications and personal networks have reached startling levels. According to the report, a worldwide shortage of nearly a million skilled security professionals is impacting organizations’ abilities to monitor and secure networks, while overall vulnerabilities and threats reached their highest levels since 2000.

The report’s findings offer a vivid picture of rapidly evolving security challenges facing businesses, IT departments and individuals. Attacker methods include socially engineered theft of passwords and credentials, hide-in-plain-sight infiltrations, and exploitation of the trust required for economic transactions, government services and social interactions.

Report Highlights

Increased sophistication and proliferation of the threat landscape. Simple attacks that caused containable damage have given way to organized cybercrime operations that are sophisticated, well-funded, and capable of significant economic and reputational damage to public and private sector victims.
Increased complexity of threats and solutions due to rapid growth in intelligent mobile device adoption and cloud computing provide a greater attack surface than ever before. New classes of devices and new infrastructure architectures offer attackers opportunities to exploit unanticipated weaknesses and inadequately defended assets.
Cybercriminals have learned that harnessing the power of Internet infrastructure yields far more benefits than simply gaining access to individual computers or devices. These infrastructure-scale attacks seek to gain access to strategically positioned web hosting servers, nameservers and data centers—with the goal of proliferating attacks across legions of individual assets served by these resources. By targeting Internet infrastructure, attackers undermine trust in everything connected to or enabled by it….

Continued, and get the report:

http://bit.ly/1feaQIG

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