Welcome!

Java IoT Authors: Yeshim Deniz, Liz McMillan, Pat Romanski, Roger Strukhoff, Elizabeth White

News Feed Item

Secure Computing Cyber Security Study Reveals Sobering Results

Industry Insiders Say That Critical Infrastructure Is Not Prepared for Cyber Attacks

SAN JOSE, CA -- (Marketwire) -- 11/10/08 -- Secure Computing Corporation (NASDAQ: SCUR), a leading enterprise gateway security company, today announced the results of a study conducted during August and September 2008 in the US, Canada and Europe. The study surveyed 199 international security experts and other "industry insiders" from utilities, oil and gas, financial services, government, telecommunications, transportation and other critical infrastructure industries. Despite a growing body of legislation and regulation, more than half of these experts believed that most critical infrastructure continues to be vulnerable to cyber attack. Further, a majority of respondents said that major attacks have already begun or are likely to occur in the next 12 months.

"An attack on any one of these industries could cause widespread economic disruptions, major environmental disasters, loss of property and even loss of life," said Elan Winkler, director of critical infrastructure solutions for Secure Computing. "This study revealed that many critical infrastructure organizations are simply not ready for the cyber attacks which are coming soon."

Rick Nicholson, VP of Research for Energy Insights, an IDC company, who authored the white paper(1) based on the survey, added, "Most utility CIOs believe that their companies will be compliant with relevant standards, but still have a long way to go before being adequately prepared for all cyber attacks."

In the study, respondents were asked to indicate the state of readiness for eight different industries. More than 50 percent of respondents believed that utilities, oil and gas, transportation, telecommunications, chemical, emergency services and postal/shipping industries were not prepared. For some sectors, such as postal/shipping and transportation, as many as three out of four experts indicated that the infrastructure was not ready for attack. Only the financial services industry was considered prepared, although nearly 40 percent believed that even this sector was not ready to defend itself.

Survey participants were also asked which industry was the biggest target, which was the most vulnerable to attack and which was the most detrimental if breached. The insiders picked the energy sector in all three cases, with 33 percent saying it was the biggest target, 30 percent saying it was the most vulnerable and 42 percent saying it would be the most detrimental if attacked.

When asked to name the biggest bottleneck to improving cyber security, the largest number of experts (29 percent) pointed to the cost of security measures. Apathy was the second most likely to be selected as the primary bottleneck, with government bureaucracy and internal issues tying for third.

Risk of Cyber Attack Likely to Grow

Study participants from North America were also asked how soon major exploits of critical infrastructure would occur. More than 50 percent answered that the attacks had already begun. Another 14 percent said a major exploit was likely in the next 12 months, while only 2 percent said such an exploit would never occur.

At the same time that attacks are becoming more likely, many networks are becoming less secure. Energy Insights identified three trends which are likely to increase the vulnerability of critical infrastructure in the future:

--  Interconnectivity among networks will expand. Already 62 percent of
    North American respondents said that their control systems were directly
    connected to an IP-based network or the Internet. A full 98 percent of
    respondents believed this makes them more vulnerable.
--  Intelligent grid and similar initiative will continue to grow. As
    companies deploy new technologies such as smart meters, sensors and
    advanced communications networks, they run the risk of increasing their
    vulnerability unless they include security as an integral part of the
    projects.
--  Cost cutting efforts will not go away. During times of economic
    hardship, organizations are expected to increase their use of "standard" IT
    platforms, further increasing their vulnerability to attack.
    

Recommendations Based on Study Findings

The Energy Insights white paper sponsored by Secure Computing recommends that critical infrastructure asset owners and operators take five steps towards greater cyber security:

--  Performing ongoing vulnerability assessments
--  Vigilant monitoring of network automation and control systems
--  Sharing information about threats and attacks through the industry
    Information Sharing and Analysis Centers (ISACs) such as the electricity
    sector ISAC and up the chain of command within organizations
--  Taking an enterprise approach that includes both information
    technology and operations technology environments
--  Thinking beyond regulatory compliance.
    

As a global leader in cyber security, Secure Computing provides a number of resources to help organizations address these issues. With more than 14 years' experience protecting critical infrastructure networks in 31 countries, Secure Computing has accumulated a wealth of research, educational materials, tools, expert advice, and other materials that it is making available online at http://www.securecomputing.com/cybersecurity.

Secure Computing is hosting a live webcast on November 12, 2008 at 2:00pm EST, "Critical Infrastructure Threats Revealed," featuring Energy Insights' Rick Nicholson to review the cyber security study findings and recommendations. Visit http://www.securecomputing.com/cybersecurity to register and to obtain a copy of the Energy Insights white paper.

About Secure Computing

Secure Computing Corporation (NASDAQ: SCUR), a leading provider of enterprise gateway security, delivers a comprehensive set of solutions that help customers protect their critical Web, email and network assets. Over half the Fortune 50 and Fortune 500 are part of our more than 22,000 global customers, supported by a worldwide network of more than 2,000 partners. The company is headquartered in San Jose, Calif., and has offices worldwide. For more information, see http://www.securecomputing.com.

All product names and trademarks are the property of their respective firms.

This press release may contain forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from current expectations. For example, there can be no assurance that demand for the company's products will continue at current or greater levels, or that the company will continue to grow revenues, or be profitable, or that the company will be able to motivate and retain key employees, staff current and future projects in a cost-effective manner, or effectively control its marketing, research, development and administrative costs. There are also risks that the company's pursuit of providing network security technology might not be successful, or that if successful, it will not materially enhance the company's financial performance; that changes in customer requirements and other general economic and political uncertainties and weaknesses in geographic regions of the world could impact the company's relationship with its customers, partners and alliances; and that delays in product development, competitive pressures or technical difficulties could impact timely delivery of next-generation products; and other risks and uncertainties that are described from time to time in our periodic reports filed with the Securities and Exchange Commission. The company specifically disclaims any responsibility for updating these forward-looking statements.

(1) Energy Insights, an IDC company. White Paper sponsored by Secure Computing, Critical Infrastructure Cyber Security: Survey Findings and Analysis, November 2008

Contact:

Ally Zwahlen
Secure Computing Corporation
925-288-4175
Email Contact

Paula Dunne
Contos Dunne Communications LLC
408-776-1400
408-893-8750 cell
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.
The 22nd International Cloud Expo | 1st DXWorld Expo has announced that its Call for Papers is open. Cloud Expo | DXWorld Expo, to be held June 5-7, 2018, at the Javits Center in New York, NY, brings together Cloud Computing, Digital Transformation, Big Data, Internet of Things, DevOps, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
SYS-CON Events announced today that Synametrics Technologies will exhibit at SYS-CON's 22nd International Cloud Expo®, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Synametrics Technologies is a privately held company based in Plainsboro, New Jersey that has been providing solutions for the developer community since 1997. Based on the success of its initial product offerings such as WinSQL, Xeams, SynaMan and Syncrify, Synametrics continues to create and hone inn...
Digital Transformation (DX) is not a "one-size-fits all" strategy. Each organization needs to develop its own unique, long-term DX plan. It must do so by realizing that we now live in a data-driven age, and that technologies such as Cloud Computing, Big Data, the IoT, Cognitive Computing, and Blockchain are only tools. In her general session at 21st Cloud Expo, Rebecca Wanta explained how the strategy must focus on DX and include a commitment from top management to create great IT jobs, monitor ...
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, discussed how they built...
Recently, WebRTC has a lot of eyes from market. The use cases of WebRTC are expanding - video chat, online education, online health care etc. Not only for human-to-human communication, but also IoT use cases such as machine to human use cases can be seen recently. One of the typical use-case is remote camera monitoring. With WebRTC, people can have interoperability and flexibility for deploying monitoring service. However, the benefit of WebRTC for IoT is not only its convenience and interopera...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
SYS-CON Events announced today that Evatronix will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Evatronix SA offers comprehensive solutions in the design and implementation of electronic systems, in CAD / CAM deployment, and also is a designer and manufacturer of advanced 3D scanners for professional applications.
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
No hype cycles or predictions of a gazillion things here. IoT is here. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, an Associate Partner of Analytics, IoT & Cybersecurity at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He also discussed the evaluation of communication standards and IoT messaging protocols, data...
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and B...
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Digital transformation - what we knew about it in the past has been redefined. Automation is going to play such a huge role in that because the culture, the technology, and the business operations are being shifted now," stated Brian Boeggeman, VP of Alliances & Partnerships at Ayehu, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...
22nd International Cloud Expo, taking place June 5-7, 2018, at the Javits Center in New York City, NY, and co-located with the 1st DXWorld Expo will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud ...
22nd International Cloud Expo, taking place June 5-7, 2018, at the Javits Center in New York City, NY, and co-located with the 1st DXWorld Expo will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud ...