29 Percent of Critical Enterprises Experience Monthly Cyber Attacks

Major data breaches, unique and sophisticated hacking attempts, and large-scale cases of identity fraud and account exploitation are frequent sights on industry news networks, blogs and feeds. And while reporting the major incidents shows us how damaging cyber attacks can be, they fail to illustrate just how often the attacks occur. McAfee’s recent survey of over 600 “critical infrastructure enterprise” technology executives does exactly that—and the results are disturbing.

In a January 29 article on PCMag’s Security Watch blog, McAfee reported at the World Economic Forum Annual Meeting that robotic distributed denial of service (DDoS) attacks are so commonplace that major industries experience them multiple times per month.

“64 percent of those surveyed have experienced [DDoS attacks] that disrupted operations; 29 percent get them multiple times per month.”

In terms of verification security protecting these major enterprises, which include banks and utility corporations, conditions are actually getting worse in spite of the evidence of identity theft. McAfee states that only one-fifth of those surveyed believed their networks to be secure, with one-third claiming their state of security worse than in years past due to funding issues.

With evidence as clear as McAfee has provided, shouldn’t all American businesses be strengthening their security measures?

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