90% of businesses hacked via old, unpatched exploits

Companies are paying the price for failing to follow basic security guidelines

Hackers have successfully attacked nine out of 10 businesses with exploits that are more than three years old, new research has revealed.

Two-thirds of attacks over the course of Q2 2017 were ranked as either high or critical severity, Fortinet's latest Global Threat Landscape report found, while 60% of businesses were hit by an exploit relating to a flaw dating back more than a decade.

"Something we don't talk about often enough is the opportunity everyone has to limit bad consequences by employing consistent and effective cybersecurity hygiene," said Fortinet CISO Phil Quade. "Cyber criminals aren't breaking into systems using new zero-day attacks, they are primarily exploiting already-discovered vulnerabilities."

"This means they can spend more of their resources on technical innovations making their exploits difficult to detect. Newer worm-like capabilities spread infections at a rapid pace and can scale more easily across platforms or vectors."

The data reaffirms an oft-repeated mantra within the security community, that if companies do not follow basic security hygiene guidelines, their business and their users will pay the price.

The report , which collects data from three million of Fortinet's network devices and sensors deployed in customers' live production environments, also confirmed that hackers are actively exploiting businesses' working hours, with the average daily volume of attacks doubling at weekends when IT and security staff are likely to be out of the office. This led to a total of almost 45% of all exploit attempts occurring on Saturday and Sunday.

Unsurprisingly, file-sharing applications were a common vector for security threats to enter organisations. Businesses that allowed employees to use a large number of peer-to-peer file-sharing applications reported seven times as many botnets and malware instances as those who did not, while proxy applications reported a nine-fold increase.

The number of exploits is also growing, increasing 30% compared to the first three months of 2017 to 1.8 billion daily attacks.

Featured Resources

Unlocking collaboration: Making software work better together

How to improve collaboration and agility with the right tech

Download now

Four steps to field service excellence

How to thrive in the experience economy

Download now

Six things a developer should know about Postgres

Why enterprises are choosing PostgreSQL

Download now

The path to CX excellence for B2B services

The four stages to thrive in the experience economy

Download now

Recommended

Hackers leak data from dark web marketplace
cyber security

Hackers leak data from dark web marketplace

9 Apr 2021
How to encrypt files and folders in Windows 10
encryption

How to encrypt files and folders in Windows 10

9 Apr 2021
The definitive guide to IT security
Whitepaper

The definitive guide to IT security

9 Apr 2021
Evidence suggests REvil behind Harris Federation ransomware attack
ransomware

Evidence suggests REvil behind Harris Federation ransomware attack

9 Apr 2021

Most Popular

Microsoft is submerging servers in boiling liquid to prevent Teams outages
data centres

Microsoft is submerging servers in boiling liquid to prevent Teams outages

7 Apr 2021
Hackers are using fake messages to break into WhatsApp accounts
instant messaging (IM)

Hackers are using fake messages to break into WhatsApp accounts

8 Apr 2021
How to find RAM speed, size and type
Laptops

How to find RAM speed, size and type

8 Apr 2021