Welcome!

News Feed Item

Nearly 80% of InfoSec Leaders in Europe Foresee Critical Infrastructure Breaches Across Countries in Next Two Years

Research reveals biggest security worries and the impact of Europe's General Data Protection Regulation (GDPR) and the NIS Directive

SAN FRANCISCO, Nov. 14, 2017 /PRNewswire/ -- Europe's information security leaders are predicting widespread breaches in the next two years – and they don't feel prepared to handle, even with recent government initiatives.

Black Hat Europe 2017 will take place December 4-7 at the EXCEL London, in London, England.

In Black Hat's newest research report entitled, The Cyber Threat In Europe, findings are revealed from a September 2017 attendee survey of nearly 130 IT and security professionals from more than 15 European countries. The report details major concerns among the InfoSec community including critical infrastructure security, nation state attacks, enterprise security risks, and the implications of the NIS Directive and GDPR requirements.

Black Hat is the most technical and relevant information security event series, and its attendees are one of the most experienced and highly trained audiences in the world. Of those surveyed for the report, many hold high-level positions within sectors spanning financial services, biotechnology, construction, healthcare, communication, and government.

Who is a Threat to Europe's Critical Infrastructure?
Almost half of the respondents cite a foreign power—terrorist organization, rogue nation or large nation-state—as the primary threat to Europe's critical infrastructure. 42% also attribute the biggest threat to cyber espionage by major nation states like Russia and China and attacks by rogue nations such as North Korea pose the biggest threat. Most respondents are primarily worried about a multi-country breach rather than a critical infrastructure breach limited to their own country. These fears are heightened as a result of previous events, including the 2015 and 2016 Ukraine power grid attacks.

What Role are the NIS Directive and GDPR Requirements Playing?
Only 11% believe that implementing the NIS Directive – the first Europe-wide legislation on cybersecurity – will make Europe's critical infrastructure more secure. Meanwhile, nearly 40% believe that a lack of required skills is the primary reason why security strategies fail, and the shortage is only being exacerbated by GDPR requirements at many organizations. Another 34% believe that implementing GDPR will add to the IT workload and budget, but won't have a major impact otherwise.

Why Are Organizations at Risk?
A troubling 65% of the respondents believe that they will have to respond to a major security incident within their organization in the next 12 months. Driving this thought is a lack of budget and staffing. Nearly 60% of the respondents say they do not have enough of a security budget to mount an adequate defense, while 62% say they do not have enough security staff to defend against modern cyber threats. Additionally, 62% fear that enterprise data in Europe has become less secure because of recent activities in Russia and China. 42% believe that European law should be changed so enterprises can take offensive action against attackers, suggesting that professionals are frustrated over the ability of attackers to go unscathed while governments grapple over questions of attribution and proportional response.

Download the Full Research Report 
These findings are an urgent call to planners in government and industry to adequately fund cybersecurity initiatives and ensure that regulatory mandates and compliance efforts are properly aligned with security imperatives. For actionable insights and more information related to these critical industry trends and findings, download a copy of The Cyber Threat In Europe, here: blackhat.com/latestintel/11142017-november-14-2017-attendee-survey.html

Black Hat Europe 2017: December 4–7, London, UK
Drawing from this compelling research, Black Hat will host some of the brightest minds in the InfoSec community at Black Hat Europe 2017. The event will feature a robust program, spanning everything from smart grid and critical infrastructure vulnerabilities to mobile attacks, applied security, machine learning, and more. The event will take place December 4-7 at the EXCEL London, in London, England. For more information and to save 200 on your briefings pass by December 1, please visit: blackhat.com/us-17/ 

Connect with Black Hat (#BlackHat)

Future Black Hat Dates and Events

  • Black Hat Asia 2018, Singapore, March 20-23
  • Black Hat USA 2018, Las Vegas, Nevada, August 4-9

About Black Hat
For 20 years, Black Hat has provided attendees with the very latest in information security research, development, and trends. These high-profile global events and trainings are driven by the needs of the security community, striving to bring together the best minds in the industry. Black Hat inspires professionals at all career levels, encouraging growth and collaboration among academia, world-class researchers, and leaders in the public and private sectors. Black Hat Briefings and Trainings are held annually in the United States, Europe and Asia. More information is available at: blackhat.com. Black Hat is organized by UBM plc. UBM is the largest pure-play B2B Events organizer in the world. Our 3,750+ people, based in more than 20 countries, serve more than 50 different sectors. Our deep knowledge and passion for these sectors allow us to create valuable experiences which enable our customers to succeed. Please visit www.ubm.com for the latest news and information about UBM. 

 

View original content with multimedia:http://www.prnewswire.com/news-releases/nearly-80-of-infosec-leaders-in-europe-foresee-critical-infrastructure-breaches-across-countries-in-next-two-years-300553957.html

SOURCE Black Hat

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and B...
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software. They hope to capture value from emerging technologies such as IoT, SDN, and AI. Ultimately, irrespective of the vertical, it is about deriving value from independent software applications participating in an ecosystem as one comprehensive solution. In his session at @ThingsExpo, Kausik Sridhar, founder and CTO of Pulzze Systems, discussed how given the magnitude of today's application ...
DevOps promotes continuous improvement through a culture of collaboration. But in real terms, how do you: Integrate activities across diverse teams and services? Make objective decisions with system-wide visibility? Use feedback loops to enable learning and improvement? With technology insights and real-world examples, in his general session at @DevOpsSummit, at 21st Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, explored how leading organizations use data-driven DevOps to clos...
The 22nd International Cloud Expo | 1st DXWorld Expo has announced that its Call for Papers is open. Cloud Expo | DXWorld Expo, to be held June 5-7, 2018, at the Javits Center in New York, NY, brings together Cloud Computing, Digital Transformation, Big Data, Internet of Things, DevOps, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...
Mobile device usage has increased exponentially during the past several years, as consumers rely on handhelds for everything from news and weather to banking and purchases. What can we expect in the next few years? The way in which we interact with our devices will fundamentally change, as businesses leverage Artificial Intelligence. We already see this taking shape as businesses leverage AI for cost savings and customer responsiveness. This trend will continue, as AI is used for more sophistica...
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, discussed how they built...
The “Digital Era” is forcing us to engage with new methods to build, operate and maintain applications. This transformation also implies an evolution to more and more intelligent applications to better engage with the customers, while creating significant market differentiators. In both cases, the cloud has become a key enabler to embrace this digital revolution. So, moving to the cloud is no longer the question; the new questions are HOW and WHEN. To make this equation even more complex, most ...
As you move to the cloud, your network should be efficient, secure, and easy to manage. An enterprise adopting a hybrid or public cloud needs systems and tools that provide: Agility: ability to deliver applications and services faster, even in complex hybrid environments Easier manageability: enable reliable connectivity with complete oversight as the data center network evolves Greater efficiency: eliminate wasted effort while reducing errors and optimize asset utilization Security: imple...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
The past few years have brought a sea change in the way applications are architected, developed, and consumed—increasing both the complexity of testing and the business impact of software failures. How can software testing professionals keep pace with modern application delivery, given the trends that impact both architectures (cloud, microservices, and APIs) and processes (DevOps, agile, and continuous delivery)? This is where continuous testing comes in. D
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is foundational - something customers routinely cite as a top pain point. In his session at @DevOpsSummit at 21st Cloud Expo, Bill Borsari, Head of Systems Engineering at Datera, explored how organizations can reap the bene...
Digital transformation is about embracing digital technologies into a company's culture to better connect with its customers, automate processes, create better tools, enter new markets, etc. Such a transformation requires continuous orchestration across teams and an environment based on open collaboration and daily experiments. In his session at 21st Cloud Expo, Alex Casalboni, Technical (Cloud) Evangelist at Cloud Academy, explored and discussed the most urgent unsolved challenges to achieve f...