Companies are increasingly reliant on third-parties to notify them that their
security has been compromised.


Companies are continuing to find cyber attackers sooner. In the latest annual
cyber-threat report the average time a company takes to detect a data breach
fell to 205 days in 2014, down from an estimated 229 in 2013 and 243 in
2012.


But as cyberattacks increase in complexity and sophistication, companies
don’t always have the in-house resources to detect them. As a result, only 31%
of organizations discovered they were breached through their own resources last
year, compared with 33% in 2013 and 37% in 2012.


Business and professional services and retail operations saw the most online
intrusions from malicious hackers in 2014. A common thread in these breaches is
a lack of basic security protocols, such as two-factor authentication. Without
two-factor authentication safeguards, a single stolen credential - obtained
through phishing campaigns or social engineering — can leave an entire network
vulnerable.


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