U.S. Secret Service-Backed Survey Says Cybercriminals Are Winning While Companies Take The Hit

The takeaway from a new survey is short and alarming: Hackers are winning the war. In a survey co-sponsored by PwC, the U.S. Secret Service, the CERT Division of Carnegie Mellon University's Software Engineering Institute, and CSO security news magazine, it was found that cybercriminals are more relentless than ever.

Some 500 executives of U.S. businesses, law enforcement services, and government agencies were pinged on a variety of topics as part of a 12th annual survey of cybercrime trends. Out of those surveyed, around 75 percent said they had detected a security breach in the past year alone. The average number of security breaches was 135 per organization.

Hacking

"Despite substantial investments in cybersecurity technologies, cyber criminals continue to find ways to circumvent these technologies in order to obtain sensitive information that they can monetize," Ed Lowery, head of the U.S. Secret Service's criminal investigative division, said in a statement, according to San Jose Mercury News.

Not surprisingly, the survey revealed that malware, phishing, network interruption, spyware, and denial-of-service (DoS) attacks were the five most popular cyberattack methods. What is surprising, however, is that over a quarter of those surveyed said that these were inside jobs by contractors, former employees, or service providers.

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