Some examples of large security breaches resulting from poor security practices include a recent Distributed Denial of Service Attack (DDOS) against Spamhaus which clogged Internet lines leading Matthew Prince, Chief Executive of Cloud Flare, to compare the attack to a nuclear bomb.
From my discussions with top security professionals at leading security organizations, including Big 4 consulting and assurance companies, software such as Antivirus and Intrusion Detection and Prevention (IDS/IPS) are currently only marginally effective at catching security threats. In addition, many security solutions are installed out of the box with little modification or customization to the needs of each network, leading to reduced or ineffective defense.
For instance, Fireeye is a product that has developed a learning system that collects data on existing attacks from their subscribers using their custom tools. While hackers previously had the upper hand in combining security known weaknesses into highly complex attacks, Fireeye tools use the same method of sharing security breaches with each other to raise the defense profile of each of the subscribers on the network quickly.
In addition, VMware’s partnership with Cisco hardware networking products provides a robust, integrated security solution with a hardware provider that dominates the corporate LAN network device space.
Costs for adoption of OpenStack software are cheaper than VMware, but the system is newer and not as well documented. Most companies run both Linux and Windows servers, and I expect in a similar way VMware and OpenStack will coexist as solutions in the cloud space. In addition to a maturing product portfolio, IT leaders would do well to strengthen focus on security by hiring technicians with a proven security background, such as Information Assurance and Security professionals.
Link: http://seekingalpha.com/article/1324971-pandemic-cyber-security-failures-open-an-historic-opportunity-for-investors?source=feed