A multinational gang of cybercriminals infiltrated more than 100 banks across 30 countries and made off with up to one billion dollars over a period of roughly two years, Kaspersky Lab said on Saturday.
Without the elements of prevention, detection, and protection all working together, threat actors will always have the advantage, and will find a way to carry out their illicit economic, political or social agendas.
A combination of new threat actors, new attack approaches, and new masking tactics demand that enterprises redefine malware, and make all necessary investments in people, technology and systems to stay one step ahead.
One of my concerns heading into these Olympic Games is that the public has become somewhat desensitized to cyber-attacks and we may not have the same level of vigilance against cyber threats as we should.
Just as offices need to detect break-ins to keep criminals from committing industrial espionage, enterprises need to put more focus on detecting APTs and other advanced threats to keep adversaries from their network.
Organizations need to consider more than just the malware itself if they are to defend against it; the first step in defending against malicious code infections is ensuring that a strong trust infrastructure is in place and well secured.