Business Risks and Cyber Attacks
Last Updated: 2013-08-19 12:55:13 UTC
by Guy Bruneau (Version: 1)
According to LLoyd's (An insurance market company) latest survey, it ranks Cyber Risk as the number three overall risks amongst 500 senior business leaders it surveyed. "It appears that businesses across the world have encountered a partial reality check about the degree of cyber risk. Their sense of preparedness to deal with the level of risk, however, still appears remarkably complacent."
Last year, several well know companies experienced significant breaches such as Yahoo, Verison, Twitter, Google where thousands of users were required to change their passwords. Some of the changes implemented since then include two-factor authentication by Google and Apple to name a few.
Do you think that business executives are more aware now of the reality of cyber attacks?
Guy Bruneau IPSS Inc. gbruneau at isc dot sans dot edu
In my past experience, splashy compromises sometimes make it easier to get budget to buy some appliance to "check the security box" in the minds of the execs, but getting budget for someone to spend time managing the appliance and/or auditing what it finds and/or getting support from the execs on changing corporate policies because of what's being found is harder.
Anyway, it's nice to be working at a place where management is asking "what can we do to be more secure" rather than things like "Isn't my running <whatever_antivirus> enough?" :-)
Aug 19th 2013
9 years ago