Q1. How have requirements for endpoint security evolved in recent years? What role is big data and analytics playing in helping organizations address endpoint threats?
Modern cybersecurity is all about collecting, retaining and analyzing the data. To understand the data is to understand the attacker, as well as their evolving behaviors. That's the premise Carbon Black was founded on and it's one that continues to permeate our product philosophy and company strategy.
Long gone are the days of being able to rely on signature-based antivirus products to keep attackers out. That's a conclusion the market has largely accepted in recent years. However, in response, there's been a proliferation of point security products that attempt to address only a single component of the attack lifecycle. These point products have left security teams with too much complexity and not enough answers. That's one of the reasons we are continuing to see attackers succeed.
At Carbon Black, we're simplifying and strengthening security for organizations around the world. Our cloud-based endpoint protection platform (EPP) consolidates multiple endpoint security and IT use cases into a single platform. This platform collects and analyzes more than 500 billion security events per day - a massive amount of data that's providing critical insight into attack patterns and providing a level of insight that extends well beyond point products.
Rather than just address one component of the attack lifecycle, Carbon Black is empowering security teams to prevent, investigate, remediate and hunt for threats. I often say that data is the lifeblood of our cloud platform and that understanding attacker behavior by analyzing this data is how we're going to close the gap in cybersecurity.
Q2. Carbon Black's recent Global Incident Response Threat Report noted a substantial increase in attacks that leverage "island hopping". What exactly is island hopping and why should enterprise organizations be concerned about the trend?
Island hopping is something that both Carbon Black and its 100+ incident response partners are seeing at increasing levels. In fact, 50 percent of today's attacks leverage island hopping. With island hopping, attackers are going after a primary target by first targeting smaller, often more vulnerable, organizations in the supply chain. The term "island hopping" generates from World War II, as a tactic the United States leveraged in the Pacific. The U.S. would attempt to capture smaller islands and then use them as outposts to target mainland Japan.
The Target breach from a few years ago is a prime example of a successful island hopping attack occurring in cyberspace. As many of us know, this attack began with attackers first breaching Target's HVAC provider. The same thing is happening with other supply chain vendors in various industries - finance, healthcare, energy and government. The smaller supply-chain partners of these larger organizations often don't have good enough security programs in place to defend against attacks.
What's most concerning about island hopping attacks is that they're evolving beyond traditional leapfrogging from network to network. They now include attacks where websites are converted into watering holes to ensnare a business' customers, partners and overall brand. Modern island hopping attacks are also leveraging Reverse Business Email Compromise (BEC), a trend seen primarily in the financial sector, where attackers take over the mail server of a victim company and launch fileless malware attacks. It's clear the surface area for attacks is expanding and it's critical for businesses to acknowledge this risk.
Q3. What do you want attendees at Black Hat USA 2019 to know about Carbon Black's technology roadmap and strategy over the next few years?
Most importantly, the power of the cloud is transforming endpoint security and Carbon Black is leading this transformation. Today, only 15% of companies are in the cloud when it comes to their endpoint security. By 2025, Gartner predicts that more than 75% of companies will be in the cloud. Carbon Black is at the forefront of this shift with our cloud platform and our roadmap and strategy center around using the power of the cloud to keep our customers protected.
Over the past year, we've delivered four new services on our cloud platform and we'll continue to deliver additional features and use cases over the next few years. Our team lives and breathes cybersecurity and I love seeing that passion shine through with our product innovation. Our high-level strategy is one that we've been following since Carbon Black's founding: we want to make life easier for defenders and harder for attackers. We know the cloud gives us a big advantage in doing both, especially when it comes to collecting, retaining and analyzing big data.