Many organizations believe they are too small (or inconspicuous) a target for hackers to attack. Earlier, cybercriminals may have agreed with that assessment, but that perspective is rapidly changing in this cyber world.
Today, hackers view an individual or organization’s data as an attractive and low-hanging fruit. Without the need to get past sophisticated corporate firewalls, the idea of penetrating your personal computer’s almost non-existent defenses becomes very attractive.
This was the story discussed at yesterday seminar held by Sophos.
Sophos is a multinational cybersecurity company, which has been in the game for over 30 years. The company provides security softwares range from gateway products, Endpoint products XG Firewall products etc.
The seminar was centered on the growing urgency of giving attention to the IT security of companies no matter the size.
But what really gave me goosebumps was that the IT security is currently valued at $101 billion and it is expected to grow at 7% annually. How? Why?
Why is the IT security sector growing?
It is believed that an increasingly threatening environment is responsible for much of the growth. With a growing reliance on digital technology comes an increasing threat of hackers. This places a larger reliance on technology, which results in a growth in the IT-related security sector. The Sophos seminar revealed the following three factors;
The increase of devices and IOT
The growing ubiquity of mobile technology and IOT will present new threats and increase the challenges for IT security. Consider the potential consequence of hackers gaining control of a power grid, industrial facilities, and even medical devices. In fact, we’ve already seen these hacks on everything from webcams to Jeep SUVs.
The advance in technology has also brought about the sophistication of the attacks. Emerging threats like crypto ransomware and crimeware as a service are sending down chills on in the IT security sector.
These aforementioned threats have made most Firewalls come short of discovering, protecting and responding. Check out these stats;
- 45% of traffic is going unidentified on average on many Firewalls
- 16 is the number of infections companies get per month
- 7 days on average is being spent responding to and fixing infected systems
But Sophos’ XG Firewall has good news
The selling point of Sopho’s XG is exposing hidden risks, blocking unknown threats, and automatically responding to incidents.
- Exposes Hidden Risks: XG Firewall does a much better job at exposing hidden risks…..with a visual dashboard, rich on-box reporting, and unique risk insights.
- Blocking Unknown Threats: XG Firewall makes blocking unknown threats easier and more effective than other firewalls with a full suite of advanced protection that’s very easy to setup and manage.
- Automatically Responds to Incidents: XG Firewall with Synchronized Security automatically responds to incidents on the network thanks to Security Heartbeat.
Endpoint Security growing threat and Sophos Endpoint answer
Besides the shortcoming of many of today’s Firewalls, many Endpoint security solutions today are also lacking in spite of significant gaps, vulnerabilities in security and heightened fear of a security breach. Some of the gaps and vulnerabilities in endpoint security are the lack of complete and regular rollouts of software patches, gaps in application blocking, and the continued appearance of shadow IT. But Sophos solves this in a different way;
Sophos Endpoint Protection goes far beyond signature-based prevention of known
malware. It correlates with suspicious behaviors and activities using real-time threat
intelligence from SophosLabs. From malicious URLs to web exploit code, unexpected
system changes to command-and-control traffic……..