The organizations need to reduce time to detection (TTD) in order to remediate against sophisticated attacks by threat actors, revealed Cisco in a report.
The type of common threats that challenges organization as the digital economy is represented by Angler Exploit Kit.
Additionally, IoT creates new attack vectors and monetization opportunities for adversaries.
The report shows that new risks associated with Flash, the evolution of ransomware, and the Dridex mutating malware campaign, reinforce the need for reduced time to detection.
The average TTD for Cisco Advanced Malware Protection (AMP), with its retrospective analysis of attacks is 46 hours.
Angler is the widely used exploit kits because of its innovative use of Flash, Java, Internet Explorer, and Silverlight vulnerabilities which also employ domain shadowing to evade detection.
In addition, due to lack of automated patching and delay in updating immediately by the consumers, the exploitation of Adobe Flash vulnerabilities are on the rise and Adobe Flash Player vulnerabilities has increased to 66 percent in the first half of 2015.
Flash to set an all-time record for the number of Common Vulnerabilities and Exposure (CVEs) reported in 2015.
Also, Ransomware operations are completely automated and carried out through the dark web and ransoms are paid in cryptocurrencies, such as bitcoin to conceal payment transactions from law enforcement.
The report said organizations need to consider an integrated threat defense architecture that embeds security everywhere, and will enforce at any control point.
Meanwhile, multi-stakeholder cyber governance framework is required to sustain business innovation and economic growth on a global stage.