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Public Sector Cyber Security Threats on the Rise According to Verizon’s 2023 DBIR Business
Author: Phil Muncaster,The is Verizon's annual breach activity assessment, detailing breach event statistics in conjunction with 80+ industry leading cyber security partners. The highlights the need for government agencies to leverage more robust services to help increase security protection and better manage assets. As the Government Accountability Office (GAO) reports, . Both Federal and State and Local government agencies are especially through third party software and internet-enabled devices. Public sector cyber security can be greatly enhanced through partnering with cyber security leaders that can deliver managed and professional security services, as well as private and secure network connections. The reveals that 20% of incidents and 11% of breaches analyzed this year were linked to the Public Administration sector, the . In contrast, in the , the public sector recorded the second-highest number of incidents at 12% and came in third for total number of breaches at 10%. The public sector is . So, the key questions of government cyber security are: What, according to industry experts, is driving these trends? And how can your organization take measures to protect itself from public sector cyber security threats?,What are the main government cyber security threat trends?,As always, there are plenty of insights to consider from the latest DBIR, which is based on an analysis of . Most notable are the following:83% of breaches involved external actors, and the primary motivation for attacks continues to be overwhelmingly financially driven, at 95% of breaches. Financial incentives may also be a factor here as over two-thirds (68%) of government breaches are , according to the DBIR. The government is the major target for Espionage attacks—while across all industries just 3% of threat actors were motivated by espionage, yet in the public sector cyber security space it's . This is also up significantly from , indicating that cyber espionage may be becoming a more acute threat. As the DBIR notes, was expected to be a factor in increased State-sponsored attacks, including Espionage. carried out network penetration and espionage against 128 organizations in 42 countries allied with Ukraine, prioritizing government entities among NATO members. The U.S. was their number one target, alongside Baltic nations and Poland. The DBIR also reveals a concerning uptick in breaches resulting not from external actors only, but rather by collusion involving . The latter refers to third-party actors (typically external actors) working with government partners or employees to achieve their strategic goals. It's particularly worrying considering the share of , while multiple actor threats stood at zero over the past two years of the DBIR. Although misuse (internal malicious activity) peaked as an in 2019, public sector cyber security teams must be alert to the possibility of disaffected colleagues colluding with threat actors. The key is to catch such plans early on. The refers to complex attacks that leverage malware and/or hacking to achieve their objectives, including deploying ransomware, according to the 2023 DBIR. Such attacks are a pronounced threat to public sector cyber security, in fact, system Intrusion was present in . Malware and ransomware, which can exist in systems for several months or longer before being identified, and should continue to be . Alongside deliberately malicious insiders, there remains a heightened risk from those who succumb due to poor security training or negligence. Of the 3,270 :,Solutions to help improve cyber security,Seek out a solutions provider with a range of service offerings that can empower your government cyber security team to mitigate the threats listed above, and many others. provides change management, incident management and health monitoring on specific cloud security service instances. A service instance for SASE Management is the unique cloud security tenant that is managed by Verizon. Integrated support will be provided across the customer's cloud security instances and Verizon-managed Software Defined WAN (SD WAN) which are connected to their cloud security instances. helps provide secure, private multi-cloud connectivity through software-defined circuits. With a secure cloud fabric, government agencies can create a non-bifurcated infrastructure that allows for a secure, private connection between their different cloud environments, regardless of whether they are hosted on public or private clouds. This means that data can be transferred between different cloud environments without having to go through the public internet which is vulnerable to bad actors. This also supports private government agency-to-government agency communication. solutions can help protect your organization against bad actors. With the increase in remote work and remote access, government agencies need a variety of customizable and scalable solutions to help secure endpoints. can help you safeguard servers and endpoints, such as laptops, desktops and mobile devices, from today's growing and ever-changing threats. Cyber Risk Programs is a customizable, continuous, objective, risk assessment and management program designed to help measure the effectiveness of cyber risk controls. It helps identify risks that potentially threaten the organization, assets and brand reputation. Verizon's solutions can be customizable cyber security event-monitoring solutions, designed for agencies looking to help enhance their SIEM and related security investments with a monitoring and analytics ecosystem customized to their specifications and requirements. These SOC-based solutions provide a hybrid operating model leveraging a dedicated team of highly skilled security analysts working in a dedicated environment. These analysts monitor and analyze security events for the customer, providing alerts based on an agreed service level through an appropriate interface, agreed with the client. Verizon's Security Operations Center (SOC) managed services are offered in two varieties:,Threat intelligence, automation, and better endpoint security for mobile devices can be enhanced through partnering with cyber security leaders that can deliver managed and professional security services, as well as private and secure network connections. Help identify security risks and threats before they can potentially seriously harm your organization with a public sector,To find out more about the threat landscape in the public sector space, whether you're managing federal, state or local government cyber security, check out the . Verizon, 2023 Data Breach Investigations Report,Verizon, 2023 Data Breach Investigations Report: Public Sector Snapshot,If you'd like to receive new articles, solutions briefs, whitepapers and more—just let us know. . * Indicates a required field. We will follow up from your contact request using the information provided. Choose your country to view contact details. Manage your account or get tools and information. These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. 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Learn moreA Guide to Executive Cyber Security Protection Business
A guide to executive cyber security protection,Author: Phil Muncaster,by global CEOs according to a 2021 KPMG survey. Yet many executives may not realize just how close to home this threat is as awareness of the risks of cyber attacks may not translate into increased resources or cyber hygiene. Executive cyber security protection needs to balance the unique risk profile and elite working practices of the C-suite, particularly around . Cyber security for executives should be specifically tailored to help protect them, with aims to create a more engaged and cyber-aware C-suite. Security breaches and the impact to the organization,According to the , 82% of breaches involved the human element, including social attacks, errors and misuse. The ultimate goal of security programs is to reduce business risk, minimize financial and reputational damage, and enhance competitive advantage. What C-level executive wouldn't want those things?,However, half (49%) of C-level executives reported that they've over the past year. Another study claims that 38% of business decision-makers . This attitude may partly explain why so many executives themselves represent a growing risk to the organization. Why are executives targeted?What are the top threats executives face?,C-suite executives are therefore very much in the crosshairs of threat actors, making executive cyber security protection essential. Major threats include:,Business email compromise (BEC),Also known as whaling or CEO fraud, these fraud schemes target the C-suite. Hackers typically hijack an executive's email account through a phishing attack and then send an email to a member of the finance team requesting an urgent wire transfer of funds. There are various versions of these attacks, but they all rely on social engineering and leveraging the executive's authority to persuade the recipient to act without thinking. in 2021. Phishing,According to the , about two-thirds or 66% of breaches involved phishing, stolen credentials and/or ransomware. More traditional phishing emails are also a threat, particularly as executives work in a fast-paced, decision driven environment, which can lead to overlooking spelling errors, unusual sender domains and other telltale signs of impersonation fraud. In fact, personal assistants may actually be the ones who check inboxes and reply to emails. Unsurprisingly, C-suite executives' credentials are highly sought after, potentially unlocking the door to sensitive legal, financial and other corporate information. This information could be held to ransom, sold to competitors or even used to commit securities fraud. claims senior executives' and board members' . Deepfake fraud,Convincing artificial intelligence-powered fakes imitating audio or video could also be used to trick time-poor executives into making bad decisions. One case saw a to scammers after they impersonated his boss's voice over the phone. Exploitation of vulnerable devices/software/networks,High stress levels, little downtime and/or a general apathy to best practices when it comes to cyber security for executives may also mean that executives don't keep their personal technology systems patched and secure. This could leave them exposed to vulnerability exploitation through phishing or other vectors. Last year, ransomware group to steal sensitive data. Alternatively, hackers could target family members. Third-party cyber security risk?,It's not always the executives themselves that are to blame. Security vendor BlackCloak identifies a potentially unmanaged , who can become unwitting allies to cyber criminals. It brands data broker websites akin to Walmart for hackers, posing challenges to executive cyber security protection. The reveals that:,While the threat is certainly greatest from the cyber crime community, intrusions from state-backed actors can't be ruled out, especially if targeted companies are deemed strategically important to governments. The threat from nation states has arguably increased since the start of Russia's war in Ukraine. The U.S. Cybersecurity and Infrastructure Security Agency (CISA) is . Why do you need executive cyber security protection?,Targeting a C-suite leader may get hackers where they need to go faster, but ultimately the impact will be similar to any serious security breach and should reinforce the need for enhanced cyber security for executives. According to Dark Reading, "the , based on a survey of executives and security professionals at 550 companies, says the average cost of a data breach continued to rise in 2022, reaching an average of $4.4 million globally (up 13% since 2020) and $9.4 million in the United States.",Some or all of the following may apply following a security breach:,Many C-suite executives have stepped down or were fired following serious incidents. And it's not always only the cyber security executive in charge who goes. For example, in 2017, Equifax's after a data breach that exposed the Social Security numbers of approximately 143 million people. A few months later the . And it's not only breaches that precipitate job losses. The CEO of Austrian aerospace manufacturer FACC was that occurred on his watch. What should cyber security for executives look like?,Organizations can enhance their executive cyber security protection on several fronts by:," believes that BAS gives enterprises a robust set of features and functionality that not only help validate the effectiveness of the security controls put in place but also enable a more proactive approach to cyber defense by utilizing automation. This has become a common theme in security services, where the goal of becoming cyber resilient is predicated on the ability to continuously monitor the environment for threats in a proactive way and accelerate the time to remediate issues in order to minimize the impact to the business. Subsequently, we believe that BAS will become an important component of an enterprise's cyber defense strategy.",Executive cyber security protection is only one part of the , but an important one. By creating a culture that arms the C-suite with an understanding of the latest security risks and proactive measures, you can enhance cyber security for executives and help to drive a more coherent long-term security strategy. Because after all, cyber risk is business risk. Verizon can help you understand how your organization stacks up against threats. . IDC, April, 2021. If you'd like to receive new articles, solutions briefs, whitepapers and more—just let us know. . * Indicates a required field. We will follow up from your contact request using the information provided. Choose your country to view contact details. Manage your account or get tools and information. These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information. These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. We use both third party and first party cookies for this purpose. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance. These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly. These cookies may be set through our site by Verizon and third parties. They are used to present Verizon advertising on third party sites that you may visit. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising from Verizon. BackClear Filters,All Consent Allowed
Learn moreEducation Security Solutions for Campus Safety & Cybersecurity
With 20+ years of experience and a network with security built in, Verizon can help protect your data and school campus. Worldwide, 56% of K-12 schools and 64% of colleges fell victim to ransomware attacks in 2022.¹ Learn how you can help mitigate risk. Ransomware cost our education system $4 billion in 2022—just for downtime. Find out what's making schools a top target, and get best practices for protecting your data. This year, we analyzed a staggering 30,458 real-world security incidents. Download the DBIR to find out more about the cyber threats your organization might be up against. Cut down wait times and verify guest identities with this opt-in SaaS solution for venue and facility entrances. Our solutions, backed by our secure network, can help protect your data and people against cyber threats. Help mitigate mobile risk across locations by streamlining how you manage mobility and protect data using a single management portal. Help protect your organization's resources and reduce your cyber risk by migrating to a single cloud-based platform. Get an objective review of your institution's controls and practices, and implement assessment activities based on expert analysis. Let our team of highly trained security experts help you plan your defense against possible attacks using accessible threat intelligence. Get in-depth guidance and implementation support to help align your network and solutions with your objectives. Give your people and devices seamless, secure access to company sites and data anywhere our wireless network is available, and while roaming internationally. Use this highly scalable, cloud-based DDoS protection platform to detect and help mitigate large attack volumes. Fight cyber threats more effectively and efficiently with a 360-degree view of your security posture. Upgrade your technology to help prioritize safety throughout your campus. Receive special voice priority when reliable communications are essential. Available by request through the U.S. Department of Homeland Security. Get voice and data priority when your institution needs it most. Help keep communications connected during emergencies. Available at no additional cost. Get a reliable way to talk, text and stream live video with the push of a button, from nearly anywhere in the U.S. Communicate quickly, and with more people, at the push of a button. Help save energy and improve campus safety with lighting technology. Help protect people and assets with Intelligent Video solutions. Higher education institutions are using technology to help mitigate risk while maintaining open campuses for students. As the use of technology has expanded across K-12 schools, so have cybersecurity threats and crimes. Explore how Verizon can help. Keep your students, faculty, administrators and campuses safe from cyberattacks—even with tight budgets and limited staff. Learn about zero trust, a strategic approach that helps schools prevent successful data breaches. Explore how blended security can help keep the academic community safe while on campus and online. Learn why addressing every aspect of security can be a significant challenge, but also a critical one. Provide secure internet access for remote workers and enforce compliance across your entire institution. Understand why the lack of cybersecurity training for teachers can potentially put students' personal information at risk. ¹ . ² Solution is available to U.S. state and local government customers and educational institutions using public funding only in the following states when purchasing on a standalone agreement on commercial terms: Arkansas, Hawaii, Iowa, Kansas, Kentucky, Louisiana, Montana, New Mexico, North Dakota, Tennessee, Washington and Wyoming. Solution is available to privately funded educational institutions and supporting organizations (e.g. athletic boosters groups) on commercial terms in all 50 states. Call sales,Chat with us,Have us contact you,Get updates,Already have an account?,* Required,The information provided will be used in accordance with our terms set out in our . Please confirm you have read and understood this Notice,Verizon may wish to contact you in the future concerning its products and/or services. If you would like to receive these communications from Verizon, indicate by selecting from the dropdown menu below. Please note that you can unsubscribe or update your preferences at any time. By submitting the form, you are agreeing to receive insights, reports and other information from Verizon and affiliated companies in accordance with our . California residents can view our California Privacy Notice .
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