Across the Internet and in many industry publications, 2014 was dubbed “The Year of the Security Breach.” But veterans of the IT security field believe 2015 will actually be the year where information security changes forever. The latest in a long line of attacks is Anthem. Inc, the country’s second-biggest insurers who claim hackers accessed records of about 80 million people including their names, Social Security numbers and email accounts. The attack has now even led to “phishing” scams.
Despite the ongoing high-profile breaches of retailers like Target and Home Depot, financial institutions like JP Morgan and Anthem, along with a host of government agencies, SimpleWan CEO Erik Knight says most organizations are still taking an “it won’t happen to me” approach similar. But Knight cited a startling statistic as evidence that breaches are more common than many vendors believe—40 percent of companies across the globe were breached in 2014. That number, he said, is not going to drop in 2015.Knight stresses that proactive action is paramount. The average time it takes for an organization to realize it’s been breached is six months (breaches, after all, are meant to fly under the radar) and the intrusion can do tremendous damage during the time it goes unnoticed. In other words, by the time companies recognize that they might have a problem it’s likely too late already. Instead, these businesses should consider regular audits from security experts.
Knight is a 20-year veteran of the security tech industry and President of SimpleWan, a provider of cloud-based security routers. He just came back from IT Expo where he spoke about the current state of business security and why businesses must now take data breach insurance seriously and get a handle on their IT department.