The way in which criminals steal money from banks has evolved. Whereas once upon a time you were required to wear tights on your head and have a sawn-off shotgun in hand, in the digital age it takes nothing more than a virus to access and ‘lift’ nearly £20 million. Earlier this month that was exactly what happened too, with online banking the target for cyber criminals. The attack uses a malware product known as Dridex to infect a consumer’s device and steal their banking details. The virus is said to account for nearly $100m worth of theft so far, presenting itself as a document attachment in a seemingly legitimate email that grants instant access when opened.
The business world is embracing and adapting to the possibilities of mobile working at an alarming rate. Thanks in equal parts to the ingenuity of cloud storage and the growing power of laptops and tablets, the ability to take a corporate device home is opening up a world of opportunity to employees, especially when you consider the practicalities of having your data with you at all times. As with most things digital, businesses will often tip in favour of efficiency and practicality over security, not recognising the damage that a home network can do to a corporate machine.
The use of Voice Over IP (also known as IP telephony, or VoIP) has brought huge benefits to businesses, as well as potentially harmful implications. The financial and productivity benefits of VoIP technology have been drawing companies in for many years. It is a cost effective method of communication, as well as efficient, with forwarding, remote operation and conferencing aspects all now commonplace in offices across the country and the world. It is also a fantastic way for cyber criminals to eavesdrop on conversations and steal valuable data from your company.
Growing levels of cybercrime are not only the IT department’s responsibility says Colin Tankard. It may be that your organisation has not yet suffered a cyber attack. This may be down to good luck or simply that no-one has noticed yet that confidential data is being sucked out of the company.
People often talk about the efficiency of the cloud. It is the way it enables users to access their documents across continents on portable devices and share seamlessly with friends and work colleagues. The use of cloud storage is growing in popularity day by day, as businesses begin to realise this value. Other managed security services, such as infrastructure (IAAS) and outsourced server management also allow businesses access to vital technological advances in a cost effective way, helping companies to embrace the ‘digital age’.
Digital Pathways are proud to announce that we have won the Business Innovation Award at the recent Heart 4 Harlow Business & Community Awards in partnership with the Harlow & District Chamber of Commerce on Thursday 8th October at the Manor Groves Hotel.
Our presentation in September to the judges showed how we had identified a gap in the data security market and as such we had developed our solution nCrypt, which is our Data Encryption Managed Service Solution.
For more information on our award winning solution Managed Security Service
Most companies take reasonable steps to protect their networks from virus attacks, but one area of vulnerability that is often overlooked is infection from employees’ home networks
The risk of malware infection from employees’ home networks is real and should not be overlooked.
This is illustrated by the example of a small company that was infected by the Sircam virus a few years ago. It was easily done when an employee took his laptop home to continue working.
The more eagerly people clamour for technology in their lives, the more they should concentrate on protecting their privacy and security. In a world that is dominated by smartphones, tablets and the Internet of Things, it is important to remember that you are inviting more than just the latest gadget into your life and into your home. Given the opportunity, you are also giving hackers direct access to a place where you should feel at your safest.
Once upon a time security could be confined to an office space, with only trusted computers used and protection reserved for those behind your firewall. IoT has changed all of this, and security is now being asked to spread outside of these perimeters, something that most businesses are simply not capable of doing.
Attitudes to data security must change if businesses are to guard against cyber attacks, writes Colin Tankard
The headlines may be about cyber war and digital Armageddon, but cyber attacks affecting businesses of all sizes and are on the increase. Criminals know that electronic crime offers fast returns, with a much-reduced chance of being caught. The growth in cyber crime coincides with the explosion in the number of digital devices such as smartphones, laptops and tablets. Meanwhile, social media and the web have become integral parts of life.