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Radware Survey Finds Nearly Half of Companies Have Suffered a Data Breach in the Past Year

By   /  November 22, 2017  /  No Comments

by Angela Guess

A recent press release reports, “Radware, a leading provider of cyber security and application delivery solutions, released a new study today titled Radware Research: Web Application Security in a Digitally Connected World. The report takes an in-depth look into how organizations protect their web applications, and identifies clear gaps in security among common DevOps practices, highlights top attack types and vectors, as well as identifies key areas of risk and concern. The research, which focused on such highly targeted industries as retail, healthcare and financial services, exposes the proliferation of bot-driven Web traffic and its impact on organizations’ application security. In fact, bots conduct more than half (52%) of all Internet traffic flow. For some organizations, bots represent more than 75% of their total traffic. This is a significant finding considering one-in-three (33%) organizations cannot distinguish between ‘good’ bots and ‘bad’ ones.”

The release continues, “The report also found that nearly half (45%) of respondents had experienced a data breach in the last year, and 68% are not confident they can keep corporate information safe. What’s more, companies often leave sensitive data under-protected. In fact, 52% do not inspect the traffic that they transfer to-and-from APIs, and 56% do not have the ability to track data once it leaves the company. Any organization that collects information on European citizens will soon be required to meet the strict data privacy laws imposed by General Data Protection Regulations (GDPR).  These regulations take effect in May 2018. However, with less than a year until the due date, 68% of organizations are not confident they will be ready to meet these requirements in time.”

Read more at Nasdaq.

Photo credit: Radware

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