SecurityBrief Asia logo
Asia's leading source of cybersecurity and cyber-attack news
Story image

Stock security features inadequate in face of rising risk

By Catherine Knowles
Wed 29 Jun 2022

A global IT security and compliance survey of more than 800 IT professionals found that the rate of IT security incidents increases the more Microsoft 365 security features are used.

Organisations using Microsoft 365 and that use 1 or 2 of its stock security features reported attacks 24.4% and 28.2% of the time respectively, while those that use 6 or 7 features reported attacks 55.6% and 40.8% of the time respectively. Overall, it was found that 3 in 10 organisations (29.2%) using Microsoft 365 reported a known security incident in the last 12 months.

Experts at Hornetsecurity, which conducted the survey, say that these findings could be due to a number of factors.

They point to the likelihood that organisations with a high number of implemented security features have done so as a result of sustained cyber attacks over a period of time, in an attempt to mitigate security threats.

They also suggest that the more security features that IT teams attempt to implement, the more complex the security system becomes. Features may be misconfigured, leaving vulnerabilities.

This is corroborated by the fact that 62.6% of respondents indicated that the main roadblock to implementing security features within their organisation is not enough time or resources.

Another theory is that making use of more features may contribute to a false sense of security within the organisation. This could lead it to stop paying close attention to potential security threats, believing that all these features will keep them safe without having to make additional active effort.

Hornetsecurity CEO Daniel Hofmann says, "Its a game of cat and mouse. As you grow, you add security features, but you also become more susceptible to attack because you are a more lucrative target. Yet, you have to stay ahead of the criminals trying to harm your organisation. The results of our survey made clear that relying on stock security features for digital safety is insufficient.

"Organisations must proactively find ways of identifying unseen vulnerabilities and should take a diligent, holistic approach to cybersecurity, rather than relying on what is available out of the box and only reacting once it is too late."

When considering roadblocks that IT pros are facing, the research found that a quarter of respondents (25.7%) that employ more than 50 people and have compliance requirements neither employ a dedicated compliance officer nor a dedicated IT security officer.

Several factors contribute to a lack of attention to IT security and compliance in medium to large organisations. Nearly 2 in 3 IT professionals (62.6%) surveyed indicate that not enough time or resources is the main roadblock to implementing security features within their organisation.

Following this, respondents cite a lack of budget (44.6%), skilling issues and/or a lack of knowledge (36.2%) and a lack of interest from management (23.1%).

All of the above results indicate a general lack of urgency surrounding security within organisations, the researchers state. Only 2% of respondents indicated that they have no roadblocks with regards to security, and over half of respondents (55.5%) said that their organisation does not have a change tracking and review process in place - a vital tool for the identification of security threats.

Taking a closer look at commonly used security features within organisations, of the 11 security features listed, spam filtration was the most popular, with 84.4% of respondents reporting its use within their organisation. Multi-factor authentication (82.7% of respondents) follows closely behind.

Web traffic filtration, permissions management, and IT security awareness training for users are used by 68.8%, 66.4%, and 61.2% respectively. The least common security measure was SIEM Solution, with only 14.1% of respondents implementing such a measure.

However, SIEM Solutions corresponded with the highest rate of incidents at 42.1%, which corroborates the idea that more advanced security is needed as organisations become a bigger target, the researchers state.

Related stories
Top stories
Story image
Cloud Security
Organisations struggling to secure new cloud environments
“In the wake of COVID-19, organisations substantially accelerated their digital transformation initiatives to accommodate a remote workforce."
Story image
Malicious app downloads
Bitdefender finds malicious campaign active on Google Play
Bitdefender has released research about a new Google Play campaign that bypasses the storefront's security checks to deliver potentially malicious content and advertisements.
Story image
Malware
Top security threats for July 2022 revealed in new report
Securonix Threat Labs has been keeping an eye on each and every threat impacting customers and is aware of widespread campaigns.
Story image
Cybersecurity
Verizon supports Fujifilm's cybersecurity advancements
Verizon Business is supporting Japan’s Fujifilm Holdings to strengthen its global cybersecurity monitoring and cyber intelligence capabilities.
Story image
Cybersecurity
‘Windows shops’ target admin rights to de-risk their environments
New data shows up to 75% of critical vulnerabilities could be mitigated through a rights and privileges crackdown
Story image
Gartner
Fortinet attributes Gartner-reported growth to ZTNA approach
Zero-trust is slowly becoming a dominant enterprise security strategy for businesses, and the Gartner report highlights that although prominent, it is often underutilised.
Story image
Mobiles
Demand grows for future-proof mobile access solutions
HID Global, in partnership with IFSEC Global, recently released the 2022 State of Physical Access Control report for the fourth year running.
Story image
scam
Classiscam threat expands to target leading platforms in Singapore
Researchers at Group-IB have uncovered that Classiscam, a sophisticated scam-as-a-service operation, has expanded to Singapore.
Story image
Data Protection
Safeguarding your financial data
As the digital revolution marches on, managing data security has never been more important. Here are five important steps to take toward better financial data security.
Story image
Check Point Software
Check Point Research finds vulnerabilities in Xiaomi's mobile payment mechanism
Check Point Software's research teams have uncovered vulnerabilities in Xiaomi's mobile payment mechanism.
Story image
Microsoft
Avast reveals zero-day exploits targeting Chrome and Microsoft
Avast, released its Q2/2022 Threat Report today, revealing a significant increase in global ransomware attacks, up 24% from Q1/2022.
Story image
Biometrics
Can biometrics help? 123% increase in Gen Zs scammed online
In the three years leading up to 2022, the number of Gen Zs who fell victim to online scams rose by 123%, according to Ping Identity.
Story image
Artificial Intelligence
Concentric AI protects sensitive data with new capabilities
The new capability reveals sensitive data shared across email and business messaging platforms and highlights who has inappropriate access to content.
AWS Marketplace
Watch this webinar to gain building blocks for data mesh, and how AWS customers today are successfully enabling domain driven data.
Link image
Story image
Email scams
HelpSystems shines light on impact of response-based threats
Response-based attacks targeting corporate inboxes have climbed to their highest volume since 2020, representing 41% of all email-based scams.
Story image
Privileged Access Management / PAM
The importance of stopping identity sprawl for cybersecurity
The 2021 Data Breach Investigations Report (DBIR) shows that 61% of all breaches involve malicious actors gaining unauthorised, privileged access to data by using a compromised credential. Unfortunately, it is often too late when the misuse of a credential is detected.
Story image
Mobility
Cradlepoint launches architectural extension of NetCloud solution
With this latest release Cradlepoint is focused on helping lean IT organisations with advanced SD-WAN and zero trust capabilities.
Story image
Malware
Kaspersky uncovers new attacks by advanced persistent threat group
The attacks involved modifications of the well-known malware, DTrack, as well as the use of a brand-new Maui ransomware.
Story image
Gartner Magic Quadrant
Gartner names Lookout a Visionary in 2022 Magic Quadrant
Gartner has recognised Lookout as a Visionary in the 2022 Magic Quadrant for Security Service Edge (SSE) and one of the top three offerings in the 2022 Gartner Critical Capabilities for SSE report.
Story image
Cyber attacks
Dramatic uptick in threat activity with exploits growing nearly 150%
"While it’s not a surprise given increased attack opportunities like remote work, it’s still a worrying development and one we cannot ignore."
AWS Marketplace
Whitepaper: A practical guide for mitigating risk in today’s modern applications
Link image
Story image
Cybersecurity
CISOs need to consider a risk-based cybersecurity strategy
Rather than talking in terms of attack vectors and vulnerabilities, CISOs and security decision-makers must look at actual business risk.
Story image
Data Protection
Zero Trust, but verify - finding the OT in ZerO Trust
The move to remote and cloud-based technologies has shifted the goalposts for cybersecurity. It now needs to cover multiple people, devices, platforms, and networks.
Story image
Collaboration
Lacework launches new capabilities for better threat detection
Lacework has announced new capabilities that enable organisations to uncover more critical threats to their infrastructure and empower teams.
Story image
Data analytics
Pressure on orgs to up their data analytics game - study
A recent report from Sisense highlights data transmission, analysis, and risk management remain top concerns for data professionals in APAC.
Story image
Cybersecurity
Education sector seeing highest volumes of cyber attacks
When breaking down the numbers to education attacks by region in July 2022, A/NZ was the most heavily attacked.
Story image
DevOps
Dynatrace extends application security capabilities for runtime environments
Dynatrace has announced that it has extended its Application Security Module to detect and protect against vulnerabilities in runtime environments.
Story image
Machine learning
Sysdig releases CDR offering to combat cryptojacking
Sysdig has unveiled a cloud detection and response (CDR) offering powered by machine learning to combat cryptojacking.
Story image
Facial recognition
Benefits vs risks of facial recognition technology
Once a distant, futuristic concept, facial recognition technology is now found in many technological applications with a variety of different functions. 
Story image
IDC
High level of Customer Identity & Access Management adoption
The study from Okta revealed that the pandemic has either accelerated or highlighted the need for digital-first strategies.
Story image
VMware
Latest VMware threat report reveals truth about deepfakes
"Cyber criminals have evolved. Their new goal is to use deepfake technology to compromise organisations and gain access to their environment."
Story image
Collaboration
Schneider Electric launches Connected Services with Claroty
Schneider Electric is teaming up with Claroty to assist in maintaining cybersecurity for physical assets - a critical issue.
Story image
Microsoft
8x more users attacked via old Microsoft Office vulnerability in Q2
"Criminals craft malicious documents and convince their victims to open them through social engineering techniques."
Story image
Cloud Security
Tenable makes additions to Cloud Security portfolio
Tenable has announced additions to Tenable Cloud Security that represent the next step in assessing threats related to cloud vulnerabilities.
Story image
ExtraHop
Organisations exposing highly sensitive protocols to public internet
More than 60% of organisations expose remote control protocol SSH to the public internet, while 36% of organisations expose the insecure FTP protocol.
Story image
Ransomware
Sophos reveals latest ransomware trend impacting orgs
Sophos has announced in a new whitepaper that Hive, LockBit and BlackCat, three prominent ransomware gangs, consecutively attacked the same network.
Story image
Cloud Security
Lookout named Strong Performer in 2022 Gartner Peer Insights
Gartner has recognised Lookout as a Strong Performer in the 2022 Gartner Peer Insights Voice of the Customer for Security Service Edge (SSE).
AWS Marketplace
Learn how security orchestration, automation, and response (SOAR) enhances your security strategy.
Link image
Story image
Solutions
Ivanti reveals potential ROI of 261% for Endpoint Management Solution
Ivanti has announced the results of a commissioned Total Economic Impact (TEI) study conducted by Forrester Consulting.
Story image
Cybersecurity
Claroty research unveils new attack that targets PLCs
Claroty has released research detailing a new type of cyber-attack, one that weaponises programmable logic controllers (PLCs).