According to the new report Secure My Site – Media Security Concerns, Beliefs and Attitudes, 53% of media IT execs lose sleep worrying about cyber-attack. And they have every reason to when nearly a third admit to experiencing an attack.
The report says that 28% of media organizations admit to having experienced a cyber-attack of some type or another. The chances are the number is much higher than that as companies are usually very reluctant to admit publicly that they have been attacked.
The most common harm suffered was having a website go offline. 22% said one or more of their websites were forced offline by a cyber-attack. 10% said this had happened in the last year. Another very common problem caused by cyber-attacks is website defacement. 75% of cyber-attack victims say the hackers changed the appearance of their website, and 50% of those said the defacement caused harm to their brand.
The very public Sony Pictures hack in 2014, leading to the theft of data and of the movie The Interview, left an indelible mark on the movie industry. In addition, there is a constant drum beat of reported hacks that yield personal details and credit card numbers. Yet data breaches were cited by just 25% of media executives as the type of attack suffered.
According to the research, the very public face of traditional television companies makes them a bigger target for attack. 35% of media executives at these companies say they have suffered a cyber-attack (it was 28% overall.) 31% say that one or more of the company websites went offline due to the attack.
The very real threat of cyber-attack has gotten media IT executives rattled. 53% say they sometimes lose sleep over these potential threats, and 13% say they often lose sleep. And it’s not just the threat of impending attack that has IT managers fretting. The migration to the cloud is also causing concern.
There are many compelling reasons to migrate video infrastructure to the cloud. For example, Turner’s CTO Jeremy Legg recently said:
“We believe the video capabilities of the public cloud are mature and able to reduce dependency on physical on premises hardware…we’ll be keeping and streaming more and more of our content in the cloud to take advantage of its global scale, automated software based workflows, and ability to speed development of new products and services.”
Though the cloud provides many benefits, media IT executives still seem ill-at-ease with it. 54% say that migrating to the cloud increases security risks, while just 19% seem unconcerned about it.
Another thing contributing to IT angst is uncertainty about the effectiveness of specific security threats. Distributed denial of services (DDOS) attacks are among the most common, and damaging, of cyber-attacks. Some estimate the cost of a successful DDOS attack at more than $40,000 per hour. However, only 31% of media IT executives say they are very familiar with this type of attack.
The report goes on to say that media IT executives are aware of the risks and have invested in tools to protect their company. They are also planning to invest more on tools and monitoring. As the business of media is increasingly conducted online, this seems like a very prudent step to protect the revenue, assets, and good name of the company.
To learn much more about media website security, and get a more in-depth view of the data, join me for a webinar discussing the issues on February 18th at 2PM (Eastern.)
Why it matters
As the business of media is increasingly conducted online, website and cloud security is paramount.
New research shows that the risk of cyber-attack for media companies is only too real.
Many IT executives lose sleep worrying about the threats, but are also spending more to reduce the risks (and the angst!)