Threat of multiple attack vectors ‘increasing’ in 2023

According to a Check Point Research report, global cyberattacks will increase by 38% in 2022 compared to the previous year, and there are no signs of activity slowing down in 2023.

The threat of multiple attack vectors is growing, and hackers are shifting their focus from individuals to organizations as they attempt to cause maximum damage. With such a complex threat landscape, ensuring organizations have the best security practices in place should be a top priority. But what does this look like?

Check Point Software Technologies believes in a prevention-first strategy based on the three Cs: comprehensive, integrated and collaborative.

take a preventive approach

Less established cybersecurity vendors often claim that no matter how strong your security is, cyberattacks will happen. The best thing to do is to detect an attack and respond as soon as possible after it has already compromised the network. However, there is another way.

Check Point Software’s market vision and brand promise “You Deserve the Best Security” ensures that every organization can conduct business with the highest level of security on the Internet.

In keeping with this commitment, the company is focusing on its “prevention first” approach to the market by leveraging the power of ThreatCloud data and artificial intelligence.

ThreatCloud is powered by 30 years of data. When combined with big data threat intelligence and advanced artificial intelligence technology to provide accurate prevention, the technology can prevent advanced threats before they occur across the network, endpoints, cloud environments, email and IoT devices. In fact, ThreatCloud prevented 2.5 billion attacks in 2022!

close to full marks

In Miercom’s 2023 Next-Generation Firewall (NGFW) Security Benchmark Report, Check Point’s Quantum web security platform achieved near-perfect scores, blocking 99.7 percent of malware and 99.9 percent of phishing protection. In contrast, the average malware blocking rate of the competitors tested was only 54.1%, and in the phishing protection test, the miss rate of some competitors tested was ten times that of Check Point, which is the highest level of cyber attack today. Weaknesses that no organization within range can afford.

Plus, at a time when security teams are already under a lot of pressure, the last thing they want to deal with is false positive malware detections. In a 2021 report, it was revealed that 46% of web application cybersecurity alerts were false positives.

The report also found that these false positives took the same amount of time to remediate as genuine threats. Implementing Check Point’s suite of enterprise solutions will ensure that false positives are reduced and security teams can focus on issues that matter.

Crucially, taking a precautionary approach can also reduce inflated cyber insurance premiums. As attacks become more sophisticated and frequent, so does the scrutiny of organizational defenses. Until recently, cyber insurance was affordable and readily available. However, between 2019 and 2021, the cost of global premiums has soared from $3.3 billion to $6.5 billion. Ensuring that one’s cybersecurity defenses are fit for purpose has never been more important.

The Three C’s of Optimal Security – What Are They and Why Are They Important?

A prevention-first approach is achieved through the three C’s of optimal security, but what are they and why should they be at the heart of an organization’s cybersecurity strategy going forward?

Comprehensive

The complexity of attack vectors is constantly evolving. Ensuring an organization is protected across everything from email and IoT devices to cloud networks and endpoints should be a priority. If a vector is left open, it could cause severe damage to critical infrastructure, similar to a colony pipeline attack. A comprehensive solution covering all media is essential to prevent accidents in the first place.

merge

The latest generation of sophisticated cyber-attacks spread rapidly to all vectors and often bypass traditional defenses. To combat these attacks, enterprises deploy multiple point solutions, many of which duplicate work and create siled lines of communication. A study by Dimensional Research and Check Point found that 49 percent of organizations use between 6 and 40 security products, and 98 percent use multiple consoles to manage their security products, creating a visibility blind spot.

The focus has shifted in recent years, with a Gartner study reporting that 75 percent of organizations will seek security vendor consolidation in 2022, up from 29 percent in 2020. 65% of respondents said it was to improve their overall horizontal risk posture. By adopting a consolidated architecture that enhances security coordination and effectiveness, organizations can improve security and save budget by reducing operational overhead to integrate multiple siled solutions.

cooperating

Implementing a strategy with collaboration at its core can be the difference between success and failure. For example, when an attack hits an endpoint, all other security technologies in the cloud, network, and email must act and respond accordingly to prevent the attack from entering through their respective vendors. To achieve this goal, a consolidated and comprehensive architecture must ensure that each security engine is suitable for any attack vector. Most importantly, real-time threat intelligence information gathered from all law enforcement points, research teams, and third-party sources must be shared across the environment so immediate action can be taken to prevent attacks. Check Point’s API-based solutions can be integrated with third-party systems to provide the most accurate real-time data.

Itai Greenberg, Chief Security Officer, Check Point Software Technologies, said: “Check Point was founded 30 years ago on the principle that prevention is better than cure when it comes to cybersecurity. This vision has never been more relevant in today’s digital environment as organizations Facing sophisticated fifth-generation cyberattacks from a variety of threat vectors requires a prevention-first approach to today’s security posture.”

Rupal Hollenbeck, President, Check Point Software Technologies, agrees, commenting: “The need for cyber resilience has never been greater. We reiterate how a prevention-first model fits into an organization’s broader business strategy through the three Cs of optimal security. These The rationale is designed to keep your focus on what matters when building your cybersecurity strategy, ensuring that the choices you make lead to the results you deserve.Building cyberresilience means considering the three dimensions of optimal security C.”– trade arab news agency