Retail, finance and insurance sectors were top cyber attack targets in 2017
The retail sector experienced more cyber attacks than any other industry last year, a new report has revealed.
According to Trustwave, retailers were on the end of 16.7 per cent of attacks recorded around the world in 2017.
The finance and insurance industry was also heavily targeted, accounting for 13.1 per cent of breaches. This was followed by hospitality, which was on the end of 11.9 per cent of attacks.
However, incidents that affected point-of-sale systems fell to 20 per cent of the total. This suggests that cyber criminals are moving away from smaller, high-volume targets and launching more sophisticated against against larger organisations and franchise head offices.
Indeed, figures showed that half of the incidents investigated involved corporate and internal networks, while nearly a third involved e-commerce environments.
Steve Kelley, chief marketing officer at Trustwave, said: "As long as cyber crime remains profitable, we will continue to see threat actors quickly evolving and adapting methods to penetrate networks and steal data."
Mr Kelley went on to state that security is not a technology issue, as the people within an organisation can also be a strong line of defence.
Indeed, he argued that if a firm is to keep up with "determined adversaries", it must have access to security experts who can "think and operate like an attacker while making best use of the technologies deployed".
Mr Kelley added that the threat intelligence for 2017 and previous years has "unequivocally exposed" cyber criminals and shown their attacks are becoming more methodical and organised.
Trustwave's data showed that 43 per cent of data breaches in 2017 occurred in North America, while 30 per cent took place in the Asia Pacific region.
Meanwhile, Europe, the Middle East and Africa saw 23 per cent of incidents, with a further four per cent being seen in Latin America.
Share This Post, Choose Your Platform!
With over 25 years in the business telecoms industry and an unrivalled reputation of delivering excellent, personal customer service, Arrow is one of very few companies in the UK able to provide a full telecoms, IT and energy consultancy and service proposition.
Savings through automation, scale, improved service. We’ve got that covered. But the true value comes with empathy, through empowerment, collaboration. It’s connecting people that drives us forward. It’s people that make tomorrow happen.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.