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Subscribe to this list via RSS Blog posts tagged in Threat

Posted by on in Nsure Technology

Don't Let The Lights Go Out On Your Business

Fears that the 2012 London Olympics opening ceremony might have come under cyber-attack have been detailed by officials for the first time.
The concern was that the lights could have been turned off during the ceremony.

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Whilst maintaining adequate IT security is a must, things happen that can be beyond your control or simply go wrong. Criminals are also becoming far more sophisticated and evolving ways around advancements in IT security. How confident are you that you and your staff will always follow procedures regarding passwords and security, not open that email containing a virus or leave a laptop or phone containing information on a train, plane or a bus?

There will always be unintentional human error and unfortunately also the risk of intentional damage. Tight contractual requirements with providers are also a must, but how easy will it be to obtain damages or what if that company goes bust?. And it's not just big businesses being targeted by hackers, but lots of small ones too. Whilst the large-scale hack attacks on the news often involve big companies, small companies are also at risk and often don't have the financial resources to get back on track after a hacking attack or other kinds of data loss. In fact, over a third of global targeted attacks were aimed at businesses with less than 250 employees. Cyber-attacks are quickly becoming one of the greatest risks faced by smaller companies.

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Within my previous blogs I have provided various reasons & scenarios as why businesses today should seriously consider buying Cyber Liability Insurance. I am now able courtesy of CFC Underwriting to provide ten reasons to buy Cyber Liability Insurance. CFC Underwriting are one of the UK's major providers of Cyber Liability Insurance and are therefore extremely well placed to provide this information.

 

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Posted by on in Nsure Technology

A recent article published by a technology services provider in the states suggested that 60% of companies suffering a major loss of data will shut down within six months of the event occurring. Whilst this may seem extreme consider how rapidly the situation could escalate -:

 

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The UK finds itself in the top ten for the first time in 2012 jumping eight places to seventh following a significant rise in hacking with the USA topping the league ahead of China and Russia. The last few years have seen a marked rise in "hacktivism" and following the infamous hacking of the Sony PlayStation Network the landscape has now changed forever with LinkedIn only recently having been hacked as well.hack origins

More and more Mobile Applications and Non-Mobile Applications are converging on us and people are continuing to download applications without thinking. Users are asking for more seamless plug and play technology such as HDMI, USB & SD Cards bringing with them more complexity and in consequence greater vulnerability. It is worth noting that the total bill for cybercrime footed by online adults in twenty four countries was circa $388 billion over the last twelve months.

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