News & Vacancies

Welcome to the Microtechs information portal. Here you can see the latest news and read through our current vacancies.

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Login
    Login Login form

Large businesses are the most vulnerable to cyber attacks

Posted by on in Latest Microtechs news posts
  • Font size: Larger Smaller
  • Hits: 145
  • 0 Comments
  • Subscribe to this entry
  • Print

b2ap3_thumbnail_blog-17.7.JPG

Password flaws, unsecured protocols and out-of-date software - enterprises have them all

Large enterprises are the least prepared of all companies against cyber crime, despite having greater budgets and resources, according to new research.

Contrary to received wisdom, larger companies performed the worst when assessed by cyber security consultancy firm Coalfire, in part due to their complex organisational structure and large attack surface built from multiple acquisitions.

Researchers' assumptions that SMBs would be the most at risk due to a lack of firm process and procedure, as well as staffing and budget weaknesses, were defied in Coalfire's first annual Penetration Risk Report, with midsized businesses hitting what the report dubbed a "cyber security sweet spot".

The report's findings, based on 310 penetrations tests across 148 organisations of various sizes, showed that while large enterprises are too diverse and complex to uniformly protect their entire architecture, midsized businesses provide the best configuration to best secure their environments.

Among all types of penetration tests conducted on large organisations, 49% of vulnerabilities found were deemed high risk, versus 38% for small businesses and 34% for medium businesses.

"Large organizations do not become large organizations entirely on their good looks and charm," the report said. "For many companies, growth is largely 'inorganic', achieved through mergers and acquisitions. As the asset collection grows, the attack surface grows.

"An acquiring company with its own asset management challenges often integrates other companies that come with their unique asset management challenges. When you mix poor asset management into a growing attack surface, you find the security posture will erode quickly, as it is inversely proportional to the growth of the attack surface."

Rapid change, shadow IT and employee turnover were all highlighted as factors that contributed to a "cyber-dynamic" environment within enterprises that is harder to control and get full visibility into, with internal networks considered the biggest vulnerability.

But while large organisations proved best at defending against phishing and other social engineering attacks, midsized businesses performed best at protecting their assets and mitigating their overall security risks.

"Our extensive penetration tests flip the thinking that large enterprises are the most secure, even with significant cyber security budgets and investments in staffing and other resources," said Andy Barratt, Coalfire's UK managing director.

"However, this doesn't apply to social engineering where large corporates are more secure. Despite bigger companies outperforming their smaller rivals in this area, it's clear that human error poses the greatest risk to businesses of all sizes. Whether you're a FTSE 100 company or an SMB, the chances are that staff are your cyber security Achilles' heel."

The researchers also found that internal networks showed higher risk factors than external networks - despite their presumption that internet-based attacks represented a greater threat - while human error was the weakest security link in an organisation, given the prevalence of phishing attacks.

Unsecured protocols, password flaws, missing system patches, out-of-date software and cross-site scripting, meanwhile, comprised the top five most common enterprise vulnerabilities in both external and internal networks. But phishing attacks were identified as the gateway for attackers to infiltrate an organisation on a deeper level.

Coalfire's researchers issued recommendations for organisations of all sizes to follow, including implementing two-factor authentication, expanding patch management beyond Windows Update, as well as maintaining an accurate inventory of systems and their dependencies.

Beyond general advice, small businesses were encouraged to integrate security checkpoints in engineering and development processes, while midsized business were urged to focus investment on mitigating human error, particularly in developing programmes to boost cyber security awareness, and engaging employees in social engineering testing.

The report recommended that large companies prioritise asset management, and focus on raising the level of visibility across the entire organisation, given the greater tendency for these companies to suffer from "technology sprawl and complex, decentralised operations".

Written by Keumars Afifi-Sabet

 

http://www.itpro.co.uk/cyber-security/31513/large-businesses-are-the-most-vulnerable-to-cyber-attacks

Microtechs White label support services

With Microtechs outsourced UK remote support services you can focus on managing relationships and delivering your core business. Manned 24/7 by fully trained technical staff in Surrey, your customers will receive a personal answer to any support issue raised, at any time of the day or night.

•Are you a IT / Telecoms / Software provider with an expanding customer base?

•Are you spending so much time on IT support that you struggle to develop new clients?

•Are you struggling to find and retain the right support team members?

•Need to cover extended hours easily?

•Had a poor experience outsourcing offshore?

•Looking to increase your customers up-time?

•Need to reduce your costs and lower overheads by as much as 40%?

Our client-specific 1st and 2nd line teams can monitor your servers and support queue (email, alert or phone) 24/7 or just as overflow. When a new incident comes in, we work to resolve the issue and respond to your customers through phone or your support system, thereby maintaining 100% transparent support. This includes 3rd party escalations and incident management.

As a white label managed service provider, we operate as an extension of you, so your customers will be thanking you for the expert service they receive, the peace of mind you bring and the additional value you have added to their business.

•Fully inclusive services with an average 80% resolution rate

•15 minute NOC response times

•80% of telephone calls answered within 60 seconds

•Completely white labelled to your brand / customers brands

•Desktop / Network / O365 / Mac / Telecoms / Bespoke software / Wi-Fi

•Pricing from £500 per month

If you need overflow during the day or a whole support desk from inception or just some monitoring services overnight, please drop me an email or give us a call.

Please contact us for further information on 01483 407417.

0

Comments

  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest
Guest Tuesday, 21 August 2018

DID YOU KNOW?

We help over 14,000 customers a month through our IT support centre in Guildford, Surrey

Microtechs monitor over 10,000 servers, access points and routers 24 hours a day, 7 days a week and answer well over 14,000 support calls a month.

Each and every client is just as important to us, whether you have 1 or 5000 computers or users. Our exceptional team provides the highest level of service to every single caller.

 

CONTACT US

Our business truly is 24/7, We operate entirely out of this office using our own staff.

Microtechs Head Office

Microtechs Ltd
Sussex House
11 The Pines
Broad Street
Guildford
GU3 3BH  

T: +44 (0) 1483 407400
Einfo@microtechs.co.uk

Alternatively, please use our Contact Us Form

 

WE'RE TWEETING

OUR COMPANY

Our Commitment to you

We are family run with all of our business based within the UK. We will only ever use UK staff and offices to provide our products and services to you.

Microtechs provide a variety of outsourcing solutions for individuals and businesses, whether its for 24/7 Helpdesk Services, Nationwide Engineer Coverage or IT Support.

button