NEWS
Study finds security professionals compare ransomware to terrorism
“ The fact that most IT security professionals consider terrorism and ransomware to be comparable threats tells you everything you need to know – these attacks are indiscriminate , debilitating and embarrassing ,” said Kevin Bocek , Vice President Ecosystem and Threat Intelligence at Venafi .
Venafi , a leading provider of machine identity management , has announced the findings of a global survey of more than 1,500 IT security decision makers that reveals almost two-thirds ( 60 %) believe ransomware threats should be prioritized at the same level as terrorism .
“ Unfortunately , our research shows that while most organizations are extremely concerned about ransomware , they also have a false sense of security about their ability to prevent these devastating attacks . Too many organizations say they rely on traditional security controls like VPNs and vulnerability scanning instead of modern security controls , like code signing , that are built into security and development processes .”
The study shows that most organizations are not using security controls that break the ransomware kill chain early in the attack cycle .
These opinions echo the US Department of Justice , which raised the threat level of ransomware following the Colonial Pipeline attack earlier this year .
It also finds that over two thirds ( 67 %) of respondents from organizations with more than 500 employees experienced a ransomware attack over the last 12 months .
Cox network transformation to bring multi-Gig Internet service to Hampton Roads
Cox Communications will make significant broadband network enhancements in the Hampton Roads region of the US .
As part of a multi-billion-dollar infrastructure investment to build a 10 Gigabit-capable , fiber-optic network , these enhancements will enable Cox to deliver multi-Gigabit speeds to its customers in the next few years , both downstream and upstream , to support a host of bandwidth-hungry applications .
“ We are committed to being the internet provider customers can count on to have the speed they need now and in the future .”
Cox has invested US $ 55 million over the last five years in Hampton Roads and was the first to make Gigabit service available to all customers in the market .
Cox now plans to invest an additional US $ 100-plus million over the next three years to deliver multi-Gigabit symmetrical speeds over high-speed broadband connections , starting in Norfolk .
“ We ’ re preparing for the next generation of Internet uses at home and in business . The ever-growing number of connected devices combined with exciting new applications of technology such as virtual reality learning , autonomous vehicles or even exploring the meta-verse will require more network capacity and increased speeds and symmetry ,” said J . D . Myers , Senior Vice President and Region Manager , Cox Communications .
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