One of the most dangerous threats to businesses is cyberattacks. This applies to both e-commerce and physical stores that use any form of technology to conduct business. In the past few years due to the pandemic, the world had gone more digital to continue operations. With this shift, cyber attacks have been on the rise. In the period between 2020 and 2021, ransomware attacks increased by 150%. In the first half of 2022 alone, there have been a record 236.1 million ransomware attacks. Moreover, even with the current knowledge to stop these attacks only 79% of organizations are struggling to detect threats within encrypted traffic.

Live Action conducted an intensive study to give us an idea of the digital threat and has proposed a solution to keep business data safe. So, the threat that is harming the network has been dubbed “dark space.” Dark space has been described as any network infrastructure that doesn’t appear in the “golden store” of configuration data. This includes firewalls, routers, proxies, load balancers, endpoints, and hosts. Alarming still, this mysterious dark space comprises 70% of all networks. Attackers use this dark space to bypass conventional defenses and have free reign to do whatever they want with that data. While encryption is being used in all web traffic to protect web activity, cybercriminals are increasingly using the technology to mask their activities. 

When IT professionals were asked about their confidence against encrypted cyber threats, 59% said that they can’t secure themselves against encrypted traffic threats. Following that, 58% of them said that they don’t have the awareness of every device communication on their network. The consensus for the lack of confidence in combating cyber criminals is that there is a lack of insight into threats that come from encrypted traffic as well as a lack of necessary tools to detect, intercept, and analyze threats. 

To help protect the digital world from these cyber criminals, an NDR (Network Detection and Response) platform called ThreatEye has been implemented. NDR detects suspicious network traffic so your team can respond to hidden threats. How it works is that it goes through encrypted traffic to detect malware on secured network sessions without decryption. Some other features that NDR provides are: performing forensic analyses to determine how threats are progressing, monitoring all traffic flows, providing real-time alerts to improve incident response times. The top feature of NDR is its advanced behavioral analysis. This feature builds a fingerprint of all assets and behavior patterns and monitors for any unusual usage.

What is Network Detection & Response?
Source: Live Action

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