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CounterTack and NTT Security in new partnership

 960 640 Stuart O'Brien
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CounterTack and NTT Security have announced a partnership to broaden the latter’s Managed Endpoint Detection and Response Service with the former’s Endpoint Threat Platform (ETP).

The firms say the prevention and protection at scale offered by ETP rounds out NTT Security’s service offering with capabilities that allow enterprises to detect and respond to unknown malware, insider threat, data loss prevention, fileless malware, forensics and more.

With NTT Security’s services global reach into large enterprises through its operating companies, such as Dimension Data, NTT Communications and NTT DATA and a total addressable market of tens of millions of endpoints in Japan alone, the endpoint detection, response and dynamic prevention capability will be fully integrated with its advanced security services offering and

It will be available to new and existing NTT Security customers as part of a total Managed Detection and Response service.

NTT Security will use CounterTack’s end point advanced threat detection and response platform, in addition to other existing partners in their integrated suite of applications, to expand their managed security services to detect dynamic behaviors like PowerShell attacks and memory-only malware as well as rapid response to ransomware and other fast-moving threats.

This further enables NTT Security’s proven threat detection and response capability using their proprietary SIEM platform.

“We completed an extensive and thorough evaluation of almost every product in this category and CounterTack’s Endpoint Threat Platform (ETP) stood out with distinctive security capabilities, high performance and most importantly, it’s ability to scale to match even our largest customer environments,” said Jun Sawada, CEO of NTT Security. “CounterTack brings the depth of security value that we required and is backed by an analysis and response team and a company vision consistent with our own. In the end, it was clear that CounterTack provided one of the best available technologies to protect our customers against current and future endpoint threats.”

 

NTT Report: Cyber attacks on the rise and with greater sophistication

 960 640 Stuart O'Brien
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A report released by NTT Security has revealed that the frequency and sophistication of cyber attacks continues to rise globally.

Based on events during the second quarter of 2017, data from the Global Threat Intelligence Center (GTIC) 2017 Q2 Threat Intelligence Report identifies trending threats and enables the company to implement IT security assessment and incident response tactics to stay ahead of hackers, and maintain the best protection for their clientele.

The report found that:

– Cyber attacks were up 24% globally during Q2 2017

– Manufacturers continue to be a key target for cybercriminals

– 67% of malware attacks were delivered by phishing emails

– The speed of attacks continues to increase exponentially once proof of concept code is released

“Our Global Threat Intelligence Centers are constantly monitoring cyber activities on a global scale and providing us with great insight as to which industries cybercriminals are targeting, why they’re targeting these areas, and how they may do so moving forward,” said Jon Heimerl, Manager, Threat Intelligence Communication Team, NTT Security. “This latest GTIC 2017 Q2 Threat Intelligence Report documents that hackers continue to target the manufacturing sector, which should be a red flag for CISOs across this market segment.”

According to the GTIC 2017 Q2 Threat Intelligence Report’s latest findings, 34% of all documented attacks targeted manufacturers. Moreover, manufacturers appear in the top three targets in five of the six geographic regions globally.

“This is no coincidence,” continued Heimerl. “The motivations for these attacks are often criminal in nature, including extortion via ransomware, industrial espionage, and theft of data such as account numbers. What poses an even greater problem is that when these breaches are successful, yet go undetected, they allow hackers to establish footholds in organisations’ networks where they have free reign to wreak havoc over extended periods. This is a problem if we consider that 37% of manufacturers recently surveyed (https://www.nttcomsecurity.com/us/risk-value-2017/), indicated they do not have an incident response plan in place. This is very concerning as manufacturers’ IT security liabilities often impacted not just the manufacturing organisations, but suppliers, as well as related industries and consumers.”

Download the Global Threat Intelligence Centre (GTIC) 2017 Q2 Threat Intelligence Report here

The £1m cost of a data security breach

 960 640 Stuart O'Brien
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A new report by NTT Security has revealed that a UK business will spend more than  £1 million recovering from a data security breach.

The study of 1,350 non-IT business decision makers across 11 countries, 200 of which are from the UK, also reveals that respondents anticipate it would take, on average, almost three months (80 days) to recover from an attack, almost a week longer than the global average of 74 days. UK respondents also predict a significant impact of their organisation’s revenue, suggesting as much as a 9.5 per cent drop, which fares slightly better than the global average of nearly 10 per cent.

In the UK, business decision makers expect a data breach to cause short-term financial losses, as well as affect the organisation’s long-term ability to do business. More than two-thirds (64 per cent) cite loss of customer confidence, damage to reputation (67 per cent) and financial loss (44 per cent), while one in 10 anticipate staff losses, and nine per cent expect senior executives to resign following a security incident.

Some 63 per cent of respondents in the UK ‘agree’ that a data breach is inevitable at some point, up from the previous report’s UK figure of 57 per cent.

“Companies are absolutely right to worry about the financial impact of a data breach – both in terms of short-term financial losses and long-term brand and reputational damage,” said Linda McCormack, vice president UK & Ireland at NTT Security.

“Although this year’s £1.1m figure is slightly down on last year’s report (£1.2m), no company, regardless of its size, sector or focus, can afford to ignore the consequences of what are increasingly sophisticated and targeted security attacks, like the widespread and damaging ransomware attack we recently witnessed.“

A full copy of the 2017 Risk:Value report can be found here.