McAfee is the device-to-cloud cybersecurity company. It is inspired by the power of working together; McAfee creates business and consumer solutions that make your digital life a safer place. You might not be aware of your important information such as credit card details are being stolen and misused over the dark web. The hackers and cyber crooks might enjoy on your credit card. They secretly enter and hacks your data to misuse it.
What improvements McAfee has done in order to prevent data breaching?
McAfee is the device-to-cloud cybersecurity company that has released a new Grand Theft Data II which is mainly The Drivers and Shifting State of Data Breaches. Besides the improvements in fighting against cybercrime and threats, the IT security professionals are still struggling to secure their organization and protect it completely against the breaches with 61% who claim to have experienced a data breach at their current employer. This data breaches are becoming more serious problem for all as the cybercriminals continue to target intellectual property putting the status of the company or brand at risk and increasing financial liabilities. There is the need for improvement in the security of your data. McAfee new release for cybersecurity strategy includes implementing integrated security solutions combined with employee training and an overall culture of security throughout the organization to reduce future breaches.
‘Threats have evolved and will continue to become even more sophisticated,’ said Candace Worley, vice president and chief technical strategist at McAfee. Organizations need to expand security measures by implementing a culture of security and emphasizing that all employees are part of an organization’s security posture, not just the IT team. To stay ahead of threats, it is dangerous companies provide a holistic approach to improving security process by not only utilizing an integrated security solution but also practicing good security hygiene.
Know more about the McAfee security report
- Savvier thieves: Data is now being stolen with the help of different methods, with no single technique dominating the industry. The top vectors used to steal data are database leaks, cloud applications and removable USB drives.
- IP tied for 1st: Personally identifiable information and intellectual property are now tied as the data categories with the highest potential impact to 43% of respondents. Notably, PII is of greater concern in Europe (49%), most likely due to the recent enforcement date of the General Data Protection Regulation (GDPR). In Asia-Pacific countries, intellectual property theft is of greater concern (51%) than PII.
- Blame game: IT is looked at as the culprit with 52 % of respondents claiming IT is at fault for creating the most data leakage events. Business operations (29 %) follows as the next most likely to be involved. Highly regulated internal groups including finance (12 %) and legal (6 %) were the most secure.
- The great divide: Security technology continues to operate in isolation, with 81 % reporting separate policies or management consoles for cloud access security broker and data loss prevention, resulting in delayed detection and remediation actions.
- Taking responsibility: There is a rift concerning accountability – 55 % of IT professionals believe that c-level executives should lose their job if a breach is serious enough, yet 61 % also state that the c-level executives they work with expect more lenient security policies for themselves.
- Future proofing: IT professionals are taking action, with almost two-thirds stating they have purchased additional DLP, CASB and endpoint detection solutions over the last 12 months. Respondents believe that between 65 and 80 % of breaches experienced would have likely been prevented if one or more of these systems had been installed.
The stakes are higher as multiple attack methods are now used in a breach as cybercriminals continue to target personal data and intellectual property. Moreover, IT security teams are increasingly concerned about external threat actors compromising their network, which has forced more organizations to publicly disclose when breaches occur. The severity of publicly disclosing breaches results in not only financial repercussions but also damage to brand and reputation as well.