SMBs Are Paying the Price of Cybercrime’s Evolution
attackers to utilize their own custom malware at every stage during an attack. Instead, the majority of attacks are conducted utilizing a variety of plug-and-play tools and payloads that each have their own specialty and play a specific role. For example, a single attack campaign can consist of an initial downloader charged with gaining an initial foothold, a banking Trojan payload designed to steal credentials and drain bank accounts, and an additional cryptominer payload that serves as a subsequent way of monetizing the infection. Each individual component can be easily purchased, rented or, in some cases, even downloaded for free from GitHub.
What it means for small businesses:
The fallacy that only large corporations need to worry about advanced attacks is becoming more inaccurate by the day. Two-thirds of the organizations we’ve spoken with say the sophistication level of the attacks they’re seeing has steadily risen. That is in part due to how easy it has become to piece together attacks incorporating the latest exploits and evasive techniques.
In addition to facing more pressure to patch their systems and update their security more quickly, small businesses have to operate under the impression that if they do become infected with malware they may be dealing with more than one type of infection.
Investing in Security That Is Resilient to Change
Staying on top of all of these changes is an uphill battle IT leaders at SMBs frankly don’t have time for. That’s why, when investing in new security solutions, it is important for organizations to select products that are built to adapt to new threats as quickly as possible. Better yet, investing in solutions that detect and block the core fundamental behaviors that all attacks rely on can give IT leaders the confidence of knowing that their organization is protected no matter how rapidly attacks evolve.
Mike Duffy is CEO and co-founder Barkly, the endpoint protection platform that delivers the strongest protection with the fewest false positives and simplest management. Prior to founding Barkly, he led OpenPages to become the leading provider of GRC solutions for the enterprise, acquired by IBM in 2010. Before OpenPages, he was general manager for Intel’s wide area networking business and senior vice president of worldwide sales and marketing at Shiva Corp. He also led sales and marketing for internet pioneer BBNPlanet. Mike has been the recipient of the Ernst and Young “Entrepreneur of the Year” award.
This guest blog is part of a Channel Futures sponsorship.
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