Security Consultation
NGEN performs risk assesments as well as network/service hardening to prevent data loss, security breaches, and interruptions in service. We have over two decades of experience in building and securing robust network platforms to ensure your critical business operations are never interrupted.
We have the tools and experience to ensure ongoing compliance and business continuity with regard to your technology solutions.
Digital Security
Do I really need to worry about information security?
Cyber Security Statistics 2017: Data Breaches and Cyber Attacks
Record-Setting Year
By December 20, the Identity Theft Resources Center (ITRC) had recorded 1,293 U.S. data breaches in 2017, exposing more than 174 million confidential records. That was 21 percent higher than what was recorded at the same time in 2016.
By year’s end, the total number of breaches was expected to reach a record-setting 1,300. In 2016, the ITRC recorded 1,093 breaches.
Who’s Affected?
The ITRC report broke down the breach results into five industry sectors: business (50.5 percent), medical/healthcare (28.3 percent), educational (8.8 percent), banking/credit/financial (7.1 percent) and government/military (5.3 percent).
Who was affected personally?
Almost everyone. A single breach of data analytics company Alteryx exposed sensitive information for 123 million U.S. households. According to the U.S. Census Bureau, there were about 125.8 million U.S. households in 2016.
Cyber Crime Costs
Cyber crime is expected to cost the world $6 trillion per year by 2021, up from $3 trillion in 2015. To put that in perspective, profits will surpass those global illegal drug trade.
Ransomware costs alone were predicted to top $5 billion globally by the end of 2017, according to research firm Cyber security Ventures. That’s 15 times the damage in 2015. Ransomware attacks on the healthcare industry – the No. 1 target – could quadruple by 2020.
Costs are calculated looking at a variety of factors, including downtime, loss of data, lost productivity, business disruption, restoration, reputational damage and more.
What’s My Information Worth?
Security expert Brian Krebs recently posted a revealing piece on the market for stolen account credentials. One thief in particular made $288,000 for selling about 35,000 pairs of credentials, which works out to about $8.19 per set. The overall average for well-known e-commerce and banking sites is about $15 per pair.
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Physical Security
NGEN Networks provides physical security consultation services. Your data is only as secure as the physical space where it is stored. With the advent of wider adoption of encryption, data is somewhat more secure at rest; however, this is no guaranteee.
We can assess your physical and digital security policies, facilities, and frameworks to determine the risk factors in your organization.