Cybercriminals Shift Focus to Retail Sector
Cybercriminals have shifted their focus from financial markets to the retail sector, according to the NTT 2016 Global Threat Intelligence Report. In fact, retailers expect nearly three times as many attacks as the financial sector.
The report is based off of data compiled in 2015 from 8,000 NTT Group security companies, including Dimension Data, Solutionary, NTT Com Security, NTT R&D, and NTT Innovation Institute (NTTi3). The report analyzed 3.5 trillion security logs and 6.2 billion attacks.
“Retail companies are becoming increasingly popular targets as most process large volumes of personal information, including credit card data, in highly distributed environments with many endpoints and point-of-service devices. Such diverse environments can be difficult to protect,” explained Matthew Gyde, Dimension Data’s Group Executive-–Security.
The study also found:
- While 65% of attacks originated from IP addresses in the United States, they could actually be located anywhere in the world. Hackers have started to use low-cost and geographically strategic infrastructures that can mask their point-of-origin.
- Last year, there was an 18% increase in malware across all industries except for the education sector.
- Malware attacks are becoming more frequent and complex. While organizations are developing sandboxes, software that examines suspicious code in a protected environment, malware developers are developing anti-sandbox techniques.