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Infoblox 2023 Global State of Cybersecurity Study identifies top security and networking trends as malicious threats rise globally

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Infoblox

Infoblox Inc. the company delivering a simplified, cloud- enabled networking and security platform has released its 2023 Global State of Cybersecurity report. 60% of organisations have suffered a minimum of one data breach in the last 12 months with an average $2M loss per event due to these breaches. Furthermore, 81% of respondents identified email/phishing as a top attack vector as per Infoblox’s findings.

Infoblox is emphasizing on why networking and security teams must together fight against cybercrime. New critical security features and a refreshed brand identity indicate the company’s strategy, confidence and business focus, that empowers customers to detect and respond to critical threats to thrive their businesses.

At present, more businesses are adopting hybrid and multi-cloud environments to stay competitive. This is creating additional complexity and expanding attack surfaces.

Key Statistics from the UK Global State of Cyber Security Report

  • More than half (56%) of U.K. respondents reported one or more breaches to their organisation—most originating from the cloud, Wi-Fi, insiders or Internet of Things (IoT) devices/networks.
  • On average, most organisations (78%) take up to 24 hours to investigate a threat, with many relying on third-party threat intelligence platforms or services. Another 16% said probes took less than an hour.
  • Forty percent of U.K. organisations indicated their IT security budgets increased in 2022, and 52% said they expected bigger security budgets in 2023 to combat known and new threats.
  • Cloud infrastructure or applications accounted for the origin of 39% of breaches to respondents’ organisations in the past 12 months, followed by Wi-Fi access points (30%), insiders such as current and former employees (27%) and IoT devices or networks (25%).
  • Phishing accounted for two-thirds of attack methods in the past year, followed by ransomware (41%) and advanced persistent threats (APTs) (38%).
  • Almost half (47%) of all respondents accelerated digital transformations to support remote workers and increased support for customer portals for remote customer engagement.
  • 37% added resources to networks and databases; 32% focused network and security controls on the edge (such as SASE, secure access service edge); and 29% hired more IT staff.
  • More than a quarter (27%) closed physical offices and 17% reduced IT staff.
  • On average, U.K. organisations detected at least roughly four times as many issues resulting from email/phishing attacks than any other type, including device/endpoint, ransomware and application attacks.

“Infoblox is the only company that can provide real-time visibility and control over who and what connects across networks and multi-cloud environments to help customers build safer, more resilient environments,” said Scott Harrell, CEO and President, Infoblox. “By bringing NetOps and SecOps teams together with shared visibility, data context, automation and control, they can prevent malware communications and pinpoint the source of threats, taking the performance and protection to new heights,” he added.

Infoblox’s new Lookalike Domain Monitoring capability enables to identify sites trying to impersonate company brands that are increasingly used to trick partners and customers with phishing, malvertising and similar attacks. This comes follows the introduction of Infoblox’s new emerging threat intelligence feeds that show indicators of malicious intent to prevent attacks before they happen. With these enhancements, Infoblox is able to deliver a better and safer customer experience.

Infoblox analyses more than 70 billion DNS queries daily. In a new lookalike domain report, that will be released at RSAC 2023, Infoblox demonstrates that even though the use of lookalike domains by malicious actors continues to exist, the techniques have advanced significantly in 2022, targeting every sector, playing a crucial role in complex cyberattacks like those used to bypass multi-factor authentication (MFA) measures.

“As a best-of-breed DNS layer security solution provider, Infoblox continues to pioneer advancements in the use of DNS as a source of unique threat intelligence and as a powerful enforcement point,” said Harrell. “We are the first and only DNS Security vendor to protect against the use of lookalike domains by attackers. These attacks are increasing in sophistication and prevalence, making specialised solutions not just nice to have, but necessary to secure enterprises and their users,” he added.

In a world that never stops, Infoblox aims to help customers build more responsive networks to keep up with the speed of digital transformation, detect hidden threats and stop attacks earlier, powering security services with context-rich network intelligence.

“We are seeing this industry revolution of uniting networking and security teams take shape with some of our Fortune 100 customers across automotive, consulting, finance, IT and telecommunications industries,” said Gabe Luis, Senior Director for Western Europe, Infoblox. “Now is the time for organisations to invest in a trusted security partner to help create visibility within their network to better mitigate and detect threats earlier in the threat lifecycle. Our customers are quickly learning that real-time threat protection and improved network performance can only happen when networking and security unite,” he added.

Infoblox’s cloud-first, consultative approach provides customers with specific solutions and actions that will help them build more resilient networks and prevent critical threats sooner, based on their unique business needs. For more information visit infoblox.com.

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