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

Digital document processes in 2020: A spotlight on Western Europe

The shift from best practice to business necessity

Download now

Four security considerations for cloud migration

The good, the bad, and the ugly of cloud computing

Download now

VR leads the way in manufacturing

How VR is digitally transforming our world

Download now

Deeper than digital

Top-performing modern enterprises show why more perfect software is fundamental to success

Download now

Recommended

Lookout reveals mobile-first endpoint detection and response solution
Security

Lookout reveals mobile-first endpoint detection and response solution

21 Oct 2020
Cisco finds an increase in security concerns due to remote working
Security

Cisco finds an increase in security concerns due to remote working

21 Oct 2020
Best MDM solutions 2020
mobile device management (MDM)

Best MDM solutions 2020

21 Oct 2020
'Robin Hood' hackers donate stolen Bitcoin to charity
ransomware

'Robin Hood' hackers donate stolen Bitcoin to charity

21 Oct 2020

Most Popular

The top 12 password-cracking techniques used by hackers
Security

The top 12 password-cracking techniques used by hackers

5 Oct 2020
Google blocked record-breaking 2.5Tbps DDoS attack in 2017
Security

Google blocked record-breaking 2.5Tbps DDoS attack in 2017

19 Oct 2020
What is a 502 bad gateway and how do you fix it?
web hosting

What is a 502 bad gateway and how do you fix it?

5 Oct 2020