High-profile hacks have promoted cybersecurity from a backroom IT issue to a boardroom headache. But what opportunities does it represent for investors, asks Joy Dunbar.
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.
“It is something we are coming across more and more,” says Colin Tankard, CEO of Digital Pathways. “Devices are being exploited and [companies] find that something unusual is going on. It is only when they do a little bit more investigation that they realise somebody or something is monitoring what they are doing.”
The Internet of Things (IoT) was first envisaged in the last century. It is a vision whereby potentially billions of “things” such as smart devices and sensors are interconnected using machine-to-machine technology enabled by Internet or other IP-based connectivity. Read more
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In the cybersecurity section Colin Tankard talks about the ‘Hot Topic’ that is cybersecurity.
Read our latest article in Counter Terror Business Magazine on how Protective Marking can help manage Data loss risks.
2015 saw a record level of cyber attacks, of all kinds, ensuring that the issue of cyber security will remain firmly at the top of many Boards agendas. Colin Tankard, Managing Director of digital security company Digital Pathways, outlines his predictions for 2016 when it comes to new or increased threats to look out for.
The TalkTalk hack is reputedly going to cost some £35 million in one-off costs, according to the company.
But it will not stop there. Reputational damage, share price drops, the loss of customer trust and loyalty, the list is likely to go on and on.
The draft Investigatory Powers Bill could have major implications for telecommunication companies operating in the UK
On 3 November, UK home secretary Theresa May unveiled the draft Investigatory Powers Bill, which is planned for discussion in 2016 and not expected to come into law until 2017. Read more
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. Read more