Who is the biggest risk to your company’s Cyber Security?

When an employee doesn’t care about cyber security

It doesn’t matter how thorough a business’ protective measures are, employees remain one of the biggest risks to an organisation’s digital security.

In some cases, it is not that employees don’t care about digital security, but that they don’t fully understand it.

An experiment in London’s financial district proved just how much of a risk employees can be to their organisations. CDs were handed out to commuters by employees of an IT skills company and told the disk contained a special Valentines’ Day promotion. In reality, the CDs contained code which notified the IT company how many of the recipients tried to open the CD. Despite clear warnings on the packaging about the dangers of installing third-party software and acting in breach of company acceptable-use policies, several city workers proceeded to run the disk. A major retail bank and two global insurers were among the organisations whose employees fell for the stunt.

Do you know if your emails are secure?

Of all the millions of emails sent each day, how many senders even think about whether their messages are secure? Traditional email has the confidentiality level of a postcard – anyone involved in its transport can easily read it. Lack of care becomes even more of a problem when the sender is attaching confidential or sensitive data. Is it being sent to the correct person? Should the attachment be allowed? Even if it is all right to send, how do you know it was received, when it was read and has it been forwarded? Current system notification is not good enough.

With the General Data Protection Regulation (GDPR) fines looming, now is the time to gain control of emails.

When Familiarity Breeds Complacency – How to Identify Authentic Emails

For many, a daily routine exists from the moment they sit at a desktop or take their first swipe of a tablet. It involves identifying important emails in your inbox and disregarding the spam. In most instances, this is a tedious yet simple task. We click on emails from contacts we know, or from organsiation we trust, and delete those we have no interest in. We look for the familiar and discard the unknown. It is a routine that drains time but a system that in the past has kept us reasonably safe from hackers. Repetitive yet necessary.

Cybersecurity: What are Insurers Looking For?

Nicola Laver investigates how low firms can satisfy their insurers that their cybersecurity and anti-commercial crime strategies are robust.

Given that research has shown that cyberattacks on UK  law firms increased by nearly 20% between 2014-2015 and 2015-2016, robust cybersecurity strategies are vital issues; furthermore, 73% of the top 100 law firms in the UK were targets of  attacks last year.

The Imitation Game: Keeping Safe From Phishing Emails and Websites

A poorly written, plain text email requesting sensitive information arrives in your inbox from a sender you have not interacted with before. Without much thought you delete the email, writing it off as bogus.

Further down you come across an email with the subject: Update Your Account Information. In the sender column is your bank’s name. The HTML email is well formatted, using the colours, layout, font, and logo of your bank. The email states that as a security measure, you will no longer be able to access online banking unless you update your account information. Beneath this message is a hyperlinked sentence which reads, ‘Sign in to update your account information’. The email is signed from your bank’s customer service team.

What Do You Need to Know Before Buying Cyber Insurance?

What do JP Morgan, Sony, eBay, Yahoo, Three, and Talk Talk have in common?

In the past two years, these companies have all been victims of cybercrimes and have experienced widespread media attention as a result.

An increase in cybercrimes, followed by an increase in media reporting of breached businesses, and moves towards tougher regulatory penalties, has created an emerging market for cyber insurance.

GDPR: Are You Ready?

Having recently attended Legalex, the UK’s largest legal event for lawyers and law firms, it is clear the sector is not fully prepared for the General Data Protection Regulations (GDPR) due to come into effect in May 2018.

During round table discussions about the preparations firms are making in advance of the GDPR, responses ranged from firms only beginning to consider the impact it will have, to those who haven’t thought about it, or who are adopting a wait and see approach.

In just over a year’s time, when the new regulations are implemented, the consequences of failing to adhere will be severe, and ignorance will not be an excuse.

CYBER SECURITY PRIORITIES FOR 2017

Cyber security is generally agreed upon as a protection of electronic information, the ICTs that support cyberspace. It is also protection in a number of spaces including personal, professional, and even national. Sometimes, all three of these can interconnect into a cyber nightmare because one element was vulnerable to being attacked, which in turn had a domino effect for the others.

The GDPR and Everyday Breaches

In just 12 months’ time, the EU’s General Data Protection Regulation (GDPR) will come into effect, replacing the UK’s current Data Protection Act. These new regulations will have a significant impact on the way data is managed.

The consequences of failing to comply with the GDPR are significant, with fines of up to 4% of a company’s turnover, or €20,000,000 – whichever is larger. With the clock ticking, it has never been more important to ensure robust systems for data management are in place.

Learning from a cyber attack

New research also reveals that two thirds of UK businesses have no official ransomware policy to guide employees in the event of an attack.

Organisations must protect and educate their users, says Tankard

There are many reasons organisations do not follow the latest software releases but what seems to constantly fail, is the “thought process” around protecting what you have, warns Colin Tankard, managing director of data security company, Digital Pathways.

Tankard explains that in the most recent cyber attack that affected the UK’s NHS as well as organisations around the world, the malware was delivered through spear-fishing emails which, when opened, triggered a cyber-contagion on the internal network.