Cyber Security News / Banking/Finance/Insurance

Businesses Take 7 Months to Detect System Intruders

Corporations are taking an average of seven months to detect system breaches despite most having access to forensic information in their logs, Verizon has warned.

“That seven month window, the clues to the intrusion are there in plain English in the server logs,”  says Bryan Sartin, vice president of Verizon's Research Investigations Solutions Knowledge (RISK) team, at the Australian Information Security Association (AISA) conference in Sydney. “There needs to be more information sharing. Ninety percent of crimes could be prevented with simple security measures.”

Companies losing data to security breaches generally weren’t the Fortune 500 targets usually highlighted in the press, Sartin noted, citing findings from Verizon's 2011 Data Breach Investigations report. Instead, he said financial thieves tend to target small and medium sized enterprises, which were losing financial information such as credit card details to cyber criminals.

Sartin also said that thieves are not technically innovative: “We very rarely see anything that’s very interesting,” he said. “It’s the same old stuff over and over again, a bit like a broken record.”

In fact, Sartin said, crimes were actually becoming less complex, because potential cyber crooks were taking advantage of tools and techniques readily available for download on the internet.

End users and their log on credentials were a particularly commonly targeted vulnerability. Sartin said most attacks came from remote access regimes designed to allow employees to work from home, or for remote diagnostics.

“Seventy four percent of all points of entry are through remote access,” he said. (

Did you enjoy this article? Click here to subscribe to Security Magazine. 

You must login or register in order to post a comment.



Image Galleries

ASIS 2013 Product Preview

ASIS International 59th Annual Seminar and Exhibits, September 24-27 in Chicago, Illinois, will include an exhibit hall packed with innovative security solutions. Here are some of the products that will be shown at ASIS this year.


Virtualization and Data Center Security: What You Need to Know for 2014

Data centers are increasingly becoming the center of the enterprise, and data center and cyber security is following the same path for security departments. According to Justin Flynn, a consultant at the Burwood Group, the virtualization of data centers allows enterprises to scale more easily and faster, with a smaller footprint.

However, hosting enterprise data in the cloud can make intrusion detection more difficult – how can enterprise security leaders team up with other departments to keep aware of cyber risks and traffic, and physical and data compliance during the virtual transition? How can CISOs and CSOs discuss cyber threats with the C-Suite to get the resources they need? And how can the proper infrastructure test and verify possible malicious attacks? 

More Podcasts

Security Magazine

Security magazine February 2015 issue cover

2015 February

In the February 2015 issue of Security Magazine, see what other companies have learned from the massive data breach and what they are doing in the now and in the future. Also, what could adding thermal cameras to your operation do for you? and Mohegan Sun at Pocono Downs prepares for the future with security decisions.
Table Of Contents Subscribe

Tougher Cybersecurity Legislation

On January 20, President Barack Obama called for tougher cybersecurity legislation in his 2015 State of the Union address. Which of the following points do you feel is most needed today?
View Results Poll Archive


Effective Security Management, 5th Edition.jpg
Effective Security Management, 5th Edition

 Effective Security Management, 5e, teaches practicing security professionals how to build their careers by mastering the fundamentals of good management. Charles Sennewald brings a time-tested blend of common sense, wisdom, and humor to this bestselling introduction to workplace dynamics. 

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


Facebook 40px 2-12-13 Twitter logo 40px 2-12-13  YouTube  LinkedIn logo 40px 2-12-13Google+

Vertical Sector Focus: Critical Infrastructures

criticalhomepagethumbFrom terrorism to vandalism, it’s preparedness, response, training and partnerships. Learn about some of the critical security issues facing this sector.

Visit the Critical Infrastructure page to read more.