Fraud Management & Cybercrime , Ransomware

Security: Ounce of Prevention Still Worth a Pound of Cure

The prevalence and scale of data breaches continues to increase. "We are indeed seeing more attacks, but also the sophistication and spread of them is much larger," says Gad Naveh of Check Point.

See Also: $4.65 million | The Cost of Phishing Breaches

As a result, organizations need to focus much more on preventing attacks, especially to combat the rise in "mega attacks that attack the whole business sector of certain states," such as the WannaCry ransomware that pummeled the U.K.'s National Health Service, he says. Similarly, the destructive NotPetya malware hit organizations not only in Ukraine but beyond, often taking a big bite out of profits (see Maersk Previews NotPetya Impact: Up to $300 Million).

In a video interview at the recent Infosecurity Europe conference in London, Naveh discusses:

• The rise of "gen 5" attacks that compromise entire business sectors;
• Nation-state attacks such as WannaCry and NotPetya;
• The need for a much greater focus on preventing attacks.

Naveh, advanced threat prevention evangelist at Check Point, works closely with the company's threat intelligence and research and development teams to help customers understand the current threat environment and how they can prevent attacks. With more than 15 years of information security experience, he has been involved with cybersecurity solutions ranging from endpoint to network architecture models.