Tags: cyber | security | Mokady | attack

Cyber-Security Expert Mokady: Most Companies Inadequately Prepared for Cyber Attacks

By    |   Monday, 22 December 2014 02:31 PM

The damaging hacking of Sony's information systems shows that organizations are inadequately prepared for cyber attacks, says Udi Mokady, CEO of CyberArk, a cyber-security company.

Companies and others are neglecting a crucial area, he told CNBC.

"Organizations have been focused on perimeter security. That's what they bet on, 'How do we keep the bad guys out?' That was the focus of the security practice, and not about what happens when the attackers do get in."

CyberArk estimates that 86 percent of big companies aren't fully aware — it at all — of attacks on privileged accounts.

But things may change after all the havoc wrought by the Sony hacking, Mokady noted.

The Sony hacking pushed two company executives to apologize for disparaging comments about President Obama. And threats from North Korea led Sony to cancel its movie "The Interview," a satire of the country's dictator Kim Jong-un.

"The pendulum has swung toward the bad guys because of many years of neglect, but it doesn't mean all gloom and doom," Mokady maintained. "With proper investments, they can make it very hard for them to cause this kind of damage that happened to Sony."

Interestingly enough, despite the huge impact of the Sony hacking, it wasn't extremely complicated, cyber security experts told Billboard.

"Going by the technical details that have been made public, we are not seeing some great level of sophistication here that we have seen in other attacks," Marc Maiffret, a veteran cyber security technician credited with discovering the first Microsoft computer worm, explained to the publication.

© 2019 Newsmax Finance. All rights reserved.

   
1Like our page
2Share
Finance
The damaging hacking of Sony's information systems shows that organizations are inadequately prepared for cyber attacks, says Udi Mokady, CEO of CyberArk, a cyber-security company.
cyber, security, Mokady, attack
257
2014-31-22
Monday, 22 December 2014 02:31 PM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved