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Reduced TTD key to fighting cybercrime
The Cisco 2015 Midyear Security Report, which analyses threat intelligence and cybersecurity trends, reveals the critical need for organisations to reduce time to detection (TTD) in order to remediate against sophisticated attacks by highly motivated threat actors.
This coincides with the decision made by the Department of Justice and Constitutional Development to release their draft Cybercrimes and Cybersecurity Bill for public comment. 2015 has seen a spate of cyber-attacks as threat actors’ ability to innovate rapidly and enhance their capacity to compromise systems and evade detection evolves. The legislative undertaking is therefore indicative of South Africa’s mental shift towards greater cybercrime awareness.
“Organisations in South Africa cannot just accept that compromise is inevitable, even if it feels like it today,” says Greg Griessel, consulting systems engineer, security solutions at Cisco SA. “The technology industry must up the game and provide reliable and resilient products and services, and the security industry must provide vastly improved, yet meaningfully simplified, capabilities for detecting, preventing, and recovering from attacks.
“This is where Cisco is leading,” Griessel adds. “We are regularly told that business strategy and security strategy are the top two issues for our customers, and they want trusted partnerships with us. Trust is tightly linked to security, and transparency is key, so industry-leading technology is only half the battle. We’re committed to providing both: industry-defining security capabilities and trustworthy solutions across all product lines. The report findings also underscore the need for businesses to deploy integrated solutions versus point products, work with trustworthy vendors, and enlist security services providers for guidance and assessment.”
The midyear report says adversaries continue to innovate as they slip into networks undetected and evade security measures.