August 6, 2018 Hormazd Romer
Time is on the side of the attackers, the hackers, the criminal syndicates, and the nation states trying to breach your network. That’s a finding from a new IBM/Ponemon Institute study on data breaches, published in July.
For this study, the Ponemon Institute analyzed data breaches and what the institute now calls mega breaches in which over 1 million records are lost. Among their findings:
That’s a dispiriting collection of statistics. In plain English: there’s more than a one in four chance that an organization will be hit with a breach in the next two years, and when the breach occurs, it will persist undetected for over half a year. Then, once it’s detected, the IT organization will need more than two months to clean it up. And the cost of all this? Nearly $4 million.
Not only that, but the average size of a breach grew 2.2%. More records are being exposed than ever before.
Bigger, stealthier, and more costly—data breaches will continue to be a problem from SMBs and enterprises for years to come.
We cannot let this become the new normal, enterprises must take action now. They need to employ the best tools, processes, and people they can to strengthen their IT defenses and to empower their Security Operations Center (SOC) teams to detect and remediate breaches an order of magnitude faster.
Fortunately, new intelligent security automation tools can help.
By automating threat analysis and reducing IT workloads, the LogicHub Intelligent Security Automation Platform enables SOC teams to find and stop data breaches 10x faster than SOAR-only solutions. The decision-engine powered LogicHub platform accelerates:
Overall, the LogicHub platform has been proven to deliver 10X better performance than traditional SOAR (Security Orchestration, Analytics, and Reporting) systems.
We’ll be demoing the LogicHub platform in Booth 2515 at the Black Hat Conference in Las Vegas from August 8-9.
Meet us at Black Hat and try your hand at Robot Wars
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