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Attacks on Virtual Infrastructure Cause Double the Pain

26/08/2015 by Sharon Shahzad

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The cost of recovering from a security incident doubles when the attack affects virtual infrastructure, according to new research from Kaspersky Lab.

Attacks on virtual environments are so costly due in large part to the complexity of the recovery, and the criticality of the information hosted virtually.

Kaspersky’s report, Security of Virtual Infrastructure, is based on a worldwide sample of 5500 companies.

For enterprises, the average cost of recovery for a virtual breach is $800k, twice as much as an attack that only knocks out physical assets. The impact is no less severe for SMBs, which on average reported a $26k bill for recovery on physical systems, which escalates to $60k when virtualization is involved.

The fallout from can be so harsh because 66% of incidents affecting virtual platforms result in the temporary inaccessibility of critical information, up from 36% on attacks on physical platforms.

When hackers target virtual desktops or servers, it is also more likely that third-party help will need to be brought in to aid in the restoration – IT consultants, legal and risk professionals, and PR firms for example. Indeed, 48% of security breaches against virtual systems bring about loss of credibility or damage to company reputation – a problem that falls outside the traditional remit of IT or security professionals when it comes to remediation.

But despite the fact that 62% of businesses now deploy virtualization (up to 77% in firms over 1500 employees), Kaspersky uncovered concerning attitudes towards the security of such technologies.

This article has been extracted from http://www.infosecurity-magazine.com, please click on this link to read the article in full http://www.infosecurity-magazine.com/news/attacks-on-virtual-platforms/.

Montash is a multi-award winning global technology recruitment business. Specialising in permanent and contract positions across mid-senior appointments across a wide range of industry sectors and IT functions, including:

ERP Recruitment, BI & Data Recruitment, Information Security Recruitment, Enterprise Architecture & Strategy Recruitment , Energy Technology Recruitment, Demand IT and Business Engagement Recruitment, Digital and E-commerce Recruitment, Leadership Talent, Infrastructure and Service Delivery Recruitment, Project and Programme Delivery Recruitment.

Montash is headquartered in Old Street, London, in the heart of the technology hub. Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid management in permanent and contract roles.

 

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