In recent years, the Asia-Pacific (APAC) region has been increasingly scrutinized for the growth of cyber security attacks incidents and the perceived lack of cyber security knowledge and preventative measures in the region. The good news is that we’re now seeing a real uptick in the region’s cyber security efforts, across the board.
In conjunction, we are also seeing that APAC enterprises are recognizing the importance of endpoint protection as they begin to invest heavily in beefing up their security measures from endpoint detection and response (EDR) technologies to the so organizations can reduce the impact of advanced attacks.
There’s been an escalation of malicious attacks on the APAC region and increased targeted efforts by cybercriminals as they see the region’s weaknesses. A recent CNBC article helps outline why Asia is a prime target for cybercriminals—from large victim pools to low awareness and the use of outdated or unlicensed technology, the industry is seeing hackers targeting the region more than ever before.
The lack of legal repercussions has also been a driving factor in the increase of malicious activity. According to ZDNet, Madan Oberoi, director of cyber security attacks at Interpol Global Complex for Innovation, recently revealed “that in one particular nation in Asia-Pacific, for example, where 111,000 cybersecurity incidents were identified as prosecutable charges, only 5,400 went to trial while the others were closed. Of these 5,400 cases, just 900 ended in convictions.” He went on to say, “So, cybercriminals are working on an assurance that 99% of the time, they won't be punished for their crimes.”
APAC Turns up Cyber Security Threats
As the region becomes a growing target for adversaries, we in turn are witnessing a tremendous shift in the APAC region’s mindset toward security threats. Governments, in particular, have been taking action.
You may have seen earlier this month that China adopted a controversial cybersecurity law to counter the growing security threats of hacking and terrorism. Regardless of the concerns around the law, it further demonstrates that China is a country facing growing security threats, and the government is looking to urgently improve the network security legal systems.
Additionally, in October, Singapore's prime minister unveiled the country’s national cybersecurity strategy, outlining efforts in four key areas that include beefing up critical infrastructures and deepening capabilities in cybersecurity.
While the governments amp up policies, enterprises are also taking action. Organizations are realizing that today’s advanced and aggressive security threats are difficult to manage, particularly as they invade the endpoint—which is becoming perhaps the most critical layer of defense to bulk up on.
The reality is that attackers are leveraging back doors and gaps in security coverage to land on corporate endpoints, including desktops, servers and laptops. This is where they find data they want to siphon out of the company, evading A/V, next-gen A/V and other security layers that can’t deliver behavioral visibility.
The Endpoint detection and response market has been squarely focused on avoiding the common pitfalls of leveraging signatures for protection against security threats designed to specifically evade, or disable those detection engines. The uptick in innovation from this market is visible now in the APAC region, as major banks and global technology and healthcare organizations have started to realize a change is necessary, despite the effort and resources it takes to make changes to how devices are protected and configured in large networks.
Thanks to a dedicated effort and first-mover advantage, CounterTack has seen huge momentum in the APAC region. Continued innovation, along with education and awareness of key threats to APAC, is critical to improving, cyber innovation in the region and bringing new
endpoint detection and response
technologies that will protect the region’s flourishing economy.