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Report: Cyber attacks on government sites rose sharply in past year

Gyde

NEW YORK May 8, 2017 New research reveals that cyberattacks on the government sector doubled in 2016, hiking to 14 percent from seven percent of all cybersecurity attacks in 2015. Attacks on the finance sector also rose dramatically from just three percent in 2015 to 14 percent of all attacks in 2016.

The manufacturing sector came in at third place at 13 percent, while the retail sector, which topped the list of all cybersecurity attacks on all sectors in 2015 moved down into fourth place (11 percent).

This is according to Dimension Data’s Executive’s Guide to the NTT Security 2017 Global Threat Intelligence Report, which was compiled from data collected by NTT Security and other NTT operating companies including Dimension Data, from the networks of 10,000 clients across five continents, 3.5 trillion security logs, 6.2 billion attempted attacks, and global honeypots and sandboxes located in over 100 different countries.

The report pinpoints several global geo-political events which could have contributed to the government sector being a cybersecurity attack target. These include:

  • the U.S. presidential election campaign
  • a new U.S. administration with a more aggressive stance toward China and North Korea
  • China adopting a more aggressive policy stance in securing its vital ‘core interests
  • U.S. and European Union-led economic sanctions against Russia
  • Russian state-sponsored actors continuing cyber operations against Western targets
  • growing negative sentiment in the Middle East against the West’s aggression towards Syria

Matthew Gyde, Dimension Data’s Group Executive – Security said, “Governments all over the world are constantly under the threat of sophisticated attacks launched by rival nation-states, terrorist groups, hacktivists and cybercriminals. That’s because government agencies hold vast amounts of sensitive information – from personnel records, budgetary data and sensitive communications to intelligence findings. What’s interesting is that this year we saw numerous incidents involving insider threats.”

Commenting on the financial services industry, Gyde said the ongoing attacks in the financial services industry is no surprise. “These organizations have large amounts of digital assets and sensitive customer data. Gaining access to them enables cybercriminals to monetize personally identifiable information and credit card data in the underground economy.”

Other highlights in the report are:

  • Sixty-three percent of all cyberattacks originated from IP addresses in the U.S., followed by the U.K. (four percent), and China (three percent). The U.S. is the predominant location of cloud-hosted infrastructure globally. Threat actors often utilize public cloud to orchestrate attacks due to the low cost and stability of this infrastructure.
  • The Internet of Things (IoT) and operating technology (OT) devices must be considered as both a potential source and target of attack. Of the IoT attacks detected in 2016, some 66 percent were attempting to discover specific devices such as a particular model of video camera, three percent were seeking a web server or other type of server, while two percent were attempting to attack a database.
  • The top cybersecurity threats facing digital businesses are phishing, social engineering and ransomware; business email compromise; IoT and distributed-denial-of-service (DDoS) attacks; and attacks targeting end-users.

Click here to download Dimension Data’s Executive’s Guide to the 2017 Global Threat Intelligence Report.

Twitter: https://twitter.com/DimensionData

LinkedIn: https://www.linkedin.com/company/dimension-data

About Dimension Data

Founded in 1983, Dimension Data plc is an ICT services and solutions provider that uses its technology expertise, global service delivery capability and entrepreneurial spirit to accelerate the business ambitions of its clients. Dimension Data is a member of the NTT Group. Visit us at http://www.dimensiondata.com/en-US, like us on www.facebook.com/DimensionDataAmericas or follow us @DimensionDataAM.

 

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