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FireEye CEO Dave DeWalt on how strategies need to change to improve the fight against cyber-attacks.
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Businesses worldwide are under attack did you see the New York Times front page to date that came out today.
And -- flat out.
Hackers got in.
Chinese hackers have attacked the New York Times for the last four months for something like a total of 44 times they were able to infiltrate the computer systems.
After reporters that the times did a negative store while they perceived it -- negative in China they were revealing some big a masked -- of wealth.
On behalf of the premier -- job -- and now the Wall Street Journal is saying it too was a victim of Chinese cyber attacks.
They both had software that was supposed to prevent it but we've got the chairman of the board of the company that came in after and detected this.
But New York Times attacks were happening joining me now out of Fox Business exclusive -- the Walt men deal chairman of the board and fire -- CEO.
Let's get right to this write up about -- how does the software work where you guys were brought into the times they -- -- suspected something.
And even though the times already had Symantec anti virus software your guys came in and and revealed what discovered what.
Well first well thanks for having me moves -- you know this is -- -- but it's not surprising we're seeing.
So only different companies around the world similar types of problems and the New York Times and Wall Street Journal as just another example.
I'm really what's happening out there and to your point.
A lot of the traditional defenses that these organizations and companies -- put in place like Symantec they're just not working.
And the traditional model kind of anti virus pattern matching what's called pattern matching blacklisting -- model.
Has very little effectiveness of these complex type attacks the world's changed a lot.
Companies like many Indian and fire I have new types of technologies to detect that.
And certainly in this case may Indians thirteen that a phenomenal job a millionaire helping with -- AT&T.
And New York Times to hope.
Not only figure out why it was not working with the traditional defenses -- figure out.
Not just what they were after about where the attribution was as well and and help you -- it.
Well and the holes the holes that must've been in the system somehow I I just wanna say this for Symantec.
They apparently according to our information caught only one of the 45 instances.
They issued a statement saying turning on only the signature based anti virus components -- -- point solutions.
Not enough in -- world of changing daily text sounds like they're -- and I love the guys at Symantec but it sounds like they wanna sell more to people.
When this already was a problem.
My question -- -- the new York times of the Wall Street Journal -- how do you know that it was the Chinese.
-- never a 100% certain on attribution but what we're starting to see in the world this just.
Huge amount of countries involved with espionage -- huge amount of countries and entities involved with -- -- -- threats of attacks.
If you look back over the last few years and you and I spoke about this a couple times over the years.
We watched a couple of companies and coupled industries being targeted and a couple of countries were we've watched what was going on.
We're now -- hundred plus countries involved with this with you know twenty or thirty different voter polls.
And nearly 95% of all the critical infrastructure and our opinion is compromised already.
For the -- in the air time situation on the Wall Street Journal situation.
As I said earlier interest thing but not.
Surprise I don't know all the defense I know my keeping up with -- -- not certain offices of congress have been -- all of a sudden.
Fax machine started spitting out of paper with Chinese characters on them it's obvious what's going on.
China has been named as one of the worst if not the worst offenders here the government says we don't support any of this.
Who knows -- Russia Iran to cool what other countries are are starting to pack in in and put this now -- in.
We now believe that not lives we see more than a 190 countries for hosting servers that are involved with -- espionage type activities crime activities.
So China's just want to you know both as a victim and has as an attacker.
But we see obviously a lot in Eastern Europe we see a lot of Middle East we'll see a lot in the in the Asian region.
Now this is a global problem rice pointed and personal wants what's happening is pretty -- -- if I am a company.
Tell me what to watch for a fax -- -- -- -- Chinese characters is pretty obvious but.
Give people a guideline here what should they be looking for I'm sure everybody -- of any decent size has an IT department has some type of malware devices are anti malware.
But are are there certain signals and signs where.
Fire I would say at -- wow this looks -- -- to us what should people be looking for.
One this is where the new technologies like fire I really come into play at the -- of what we do it the company is we have a new detection engine that uses virtual machines -- the network.
As opposed to these traditional defenses who really a final base the complex attack -- need to be managed a little bit differently.
So these types of appliances that fire -- produces has much higher detection efficacy against these types of attackers like from China.
So putting in the newer technology is really important on the industry's about thirty billion dollar a year industry and security.
And we still 95%.
Of the company's compromise there's a little bit of a problem.
So there's a lot of opportunity for young companies like -- and fire I -- to be able to come in and show.
These types of entities like the near times and Wall Street Journal want to do differently and it's a people and a product problem so there's a little bit more integration of both staff and product that really solve this.
And it's important assault -- you can see what's involved.
With the costs a lot of them and they were stealing reporters passwords it was unbelievable what happened days.
I you know I love this company we will have we think it's fascinating thank you so much and we'll keep -- focus on what's happening with you thank you very much.
Thank you for having me appreciate it anytime Dave to -- is Mandy and chairman of the board and fire I CEO David.
