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CLOSING THE 1% GAP THAT’S COSTING YOU MILLIONS

February 16, 2018

Worldwide enterprise security spending is expected to reach $96.3 billion in 2018, an increase of 8 percent from 20171 . Organizations are spending more on security than ever before, but the number and severity of cyber attacks is on the rise, resulting in hundreds of millions of dollars in losses for businesses worldwide. Despite advancements in cybersecurity, malware is still getting through existing defenses. Ofen malware exploits legitimate business applications through a single compromised endpoint to gain a foothold on an entire organization before spreading laterally, resulting in catastrophic data breaches, damage, and destruction. The constantly shifing cybersecurity landscape and the growing sophistication of attackers are making it exceedingly dificult to build prevention systems that can detect the newest exploits. This is especially evident when zero-day attacks such as WannaCry2 first break out, rapidly infecting organizations through a previously undetected flaw in computer operating systems. Even when a fix becomes available, the ransomware continues to spread at an incredible speed through companies who have not yet patched their devices.

Spotlight

Kratos Defense

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) is a specialized National Security Technology business providing mission critical products, services and solutions for United States National Security priorities. Kratos’ core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. Areas of expertise include C5ISR, satellite communication systems, electronic warfare, unmanned systems, missile defense, cyber warfare, cybersecurity, information assurance and critical infrastructure security.

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CLOSING THE 1% GAP THAT’S COSTING YOU MILLIONS