Cyber attacks are becoming that much more common as time progresses. The only silver lining is the fact that cyber security experts on Long Island are making progress in identifying viruses and other digital threats in less time than in the past. Sadly, digital attacks have advanced to the point that they are wreaking havoc on the unprotected and even some businesses that have safeguards in place.
Dwell Time for Cyber Attacks
Dwell time is a tech term that refers to the amount of time a cyber attack is on the network prior to detection. Recent statistics provided by Mandiant state the typical dwell time is slightly more than three weeks. Thankfully, dwell times have been going down throughout the past decade. It is hard to believe the median dwell time in 2011 was in excess of 400 days. However, the fact that the median dwell time is 20% of the time from a decade ago is somewhat deceiving as the threat of digital attacks has never been greater or carried higher stakes.
Why Cyber Attacks Are Getting Worse
Cyber attacks are being identified quicker, yet they are causing more damage. In particular, ransomware has emerged as a major problem for businesses and organizations of all types. The number of ransomware attacks continues to increase. Unfortunately, these attacks are worsening as hackers become more sophisticated. Ransomware’s short dwell time is not a problem for hackers as they are more than willing to acknowledge their hack and demand ransom payment, typically in the form of bitcoin or another cryptocurrency. The ransomware ransom payment requests are getting higher and higher as evidenced by the $5 million ransom paid by Colonial to free its gas pipeline from the grasp of ransomware digital attackers.
Ransomware Is Only the Tip of the Iceberg
Ransomware is certainly a legitimate threat to our economy and the world of tech, yet it is not the sole cyber attack. Phishing is also on the rise. Nearly one-quarter of all cyber attacks are reliant on backdoors. Exploits are used in nearly one-third of all attacks. Malware continues to evolve, spurring the need to evolve tech defenses as time progresses.
The moral of the story is your business needs assistance from cyber security experts on Long Island to prevent a potentially devastating digital infiltration.
If you need help with cyber security, look no further than Total Technology Solutions. Our cyber security team on Long Island is here to protect your business and ensure you get the most out of your tech investment. Contact us now to find out more about our services and schedule a consultation.