Venafi research has found that 65 per cent of Australian organisations have changed their cyber security strategy as a direct response to the conflict between Russia and Ukraine.
Due to recent shifts in geopolitics, Venafi researchers have observed the significant security impact of the increasing number of nation-state attacks.
In a survey of over 1,100 security decision-makers (SDMs), nearly two-thirds (69 per cent) suspect their organisation has been either directly targeted or impacted by a nation-state cyber attack. Venafi’s global survey also revealed that 65 per cent of Aussie organisations have changed their cyber security strategy as a direct response to the conflict between Russia and Ukraine.
According to Kevin Bocek, vice president, security strategy and threat intelligence at Venafi, geopolitics and kinetic warfare now must inform cyber security strategy.
“Cyber war is here.
“It doesn’t look like the way some people may have imagined that it would, but security professionals understand that any business can be damaged by nation-states.
“We’ve known for years that state-backed APT groups are using cyber crime to advance their nations’ wider political and economic goals,” Bocek said.
The SolarWinds attack, which compromised thousands of companies by exploiting machine identities to create backdoors and gain trusted access to key assets is a prime example of the scale and scope of nation-state attacks that leverage compromised machine identities.