ServiceNow Offers E-Book on Security Operations

November 5th, 2020


In 2020, security just got a whole lot harder. Cybercriminals ramped up activity, eager to capitalize on confusion and profit from the pandemic. Phishing emails disguised as urgent messages about COVID-19 increased by almost 6,654 percent over a two-month period. Since January, there were over 100,000 coronavirusrelated domains registered globally – with a 50 percent higher chance that these domains could host malware.

That’s on top of longstanding threats like ransomware, which is forecast to make more than $1.3 billion for cybercriminals this year, and business email compromise scams which cost victims over $1.7 billion in 2019.

Not only have the threats increased in volume and velocity, but the majority of organizations have responded to the crisis by enabling their people to work from home, creating the “perfect storm”. With a distributed workforce, the traditional network perimeter all but vanished. From an operational perspective, it was an essential move, but from a security perspective, it created a much larger surface area to protect.

The need to act fast and respond to risks and threats has never been greater. And time is a luxury that security teams don’t have: it takes on average 73 days to contain a breach, and the average total cost is $3.92 million.

Click here to read more from PSAB Business Partner ServiceNow.