Symantec Corporation, an information protection company that provides computer security, back up and availability solutions software for organisations, has identified 2013 as the year of mega breaches in its annual Internet Security Threat Report (ISTR) 2014.
The report based on data gleaned from the security technology major's global intelligence network shows that cyber attackers prefer mega breaches that are plotted for months rather than quick executions, which tend to bring smaller rewards. “It is no longer about you have a won a lottery, which is sent out to millions of users,” said Tarun Kaura, Director, Technology Sales at Symantec India.
Over 69 per cent of the targeted attacks are carried out on large enterprises in India, according to the report.
In comparison to the previous year, there has been a 62 per cent increase in the number of data breaches globally resulting in 552 million identities exposed, stated the report. When compared to global corporations, targeted attacks were up 91 per cent, lasting an average of three times longer in 2012, thereby signalling that security software is keeping up with the old way of cyber breaches, opine Symantec officials.