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April 20, 2015
AS DAMAGE FROM CYBER ATTACKS SPREADS, BOOZ ALLEN SHARES TRENDS THAT WILL SHAPE INCIDENT RESPONSE, RECOVERY
McLean, VA — If the past 12 months saw a dramatic increase in data breach activity, then the year ahead promises to bring an entirely new set of concerns – and a shift in how companies are responding to the cyber threat. Increasingly, companies are exploring a more “active defense” approach to cybersecurity, while preparing for an entirely new set of threats to medical data, connected vehicles, mobile payments, and
“When it comes to data security, the fundamentals have changed,” said Bill Stewart, executive vice president at Booz Allen and leader of the firm’s commercial cyber business. “News of a large-scale data breach is nearly an everyday occurrence, while the scope and long-term damage associated with cyber incidents are escalating.” U.S. data breaches hit a record high of 783 in 2014 according to the Identity Theft Resource Center, a 27.5 percent year-over-year increase.
As data security becomes a top priority for organizations of all sizes, Booz Allen’s team of cyber experts sifted through the noise to determine what trends might shape the next 12 months. “The companies we speak with are tired of chasing the problem: they want to do better than fight the next battle with the last war’s plan,” said Bill Stewart. “Looking ahead, we see both new, daunting risks and a shift in how companies tackle the cybersecurity challenge.”
Emerging Trends: Big Changes in Cyber Risk, Detection, Improved Incident Response
“We are entering an entirely new phase in the fight against cyber threats,” said Christopher Ling, executive vice president and leader of Booz Allen’s cybersecurity business. With every widely reported breach, cybersecurity is moving from the ‘to do’ list to a CEO and Board level priority. We expect to see a fundamental shift in how companies prepare, which will only grow more urgent as new threats emerge.”
At the 2015 RSA Conference, senior leaders from Booz Allen will discuss the growing cybersecurity challenges facing organizations and new solutions that will shape best practice preparedness and response in the months ahead. For the complete line-up of the firm’s participation in RSA 2015, visit: http://www.boozallen.com/lp/rsa-usa-2015 and follow us on Twitter (@BoozAllen) and #RSAC.
About Booz Allen
For more than 100 years, military, government, and business leaders have turned to Booz Allen Hamilton to solve their most complex problems. As a consulting firm with experts in analytics, digital, engineering, and cyber, we help organizations transform. We are a key partner on some of the most innovative programs for governments worldwide and trusted by their most sensitive agencies. We work shoulder to shoulder with clients, using a mission-first approach to choose the right strategy and technology to help them realize their vision. With global headquarters in McLean, Virginia and more than 80 offices worldwide, our firm employs more than 26,100 people and had revenue of $6.7 billion for the 12 months ending March 31, 2019. To learn more, visit BoozAllen.com. (NYSE: BAH)