The business world is full of risks which can seriously impact an organisation’s ability to perform. While different risks will be prioritised depending on company size and industry – one menace which all firms need to prepare for is the cyber threat.
Criminals come in many guises, but it appears that they are increasingly swapping a crowbar and a swag bag for a laptop and smartphone.
With ransomware attacks affecting more and more UK organisations, Richard Blanford asks why many owners remain too afraid to accept that their firm’s IT systems may not be up to scratch.
Europol’s director, Robin Wainwright, took to the stage at the Lisbon Web Summit, and had some ominous words for the audience: law enforcement agencies were seeing 4,000 ransom attacks a day – and the number would soon rise.
Our history is filled with cyber risk incidents, stretching back to the HMRC CD-ROM debacle, through to software vulnerabilities like Heartbleed and WannaCry. If anything, it highlights the need for companies to take serious steps to mitigate the impact of future attacks.
May will be known as the month WannaCry ransomware took the globe by storm. It also brought two issues to the fore – that SMEs still believe cyberattacks are the preserve of large companies, and that the globe loves relying on old, unsupported software.
As head honcho, you know exactly how much blood, sweat and tears went into building your corner of the corporate world. In many ways, it is like your child – you raised it from nothing. But to ensure its growth you need a business continuity plan.
Ransomware was the big cyber security news story of 2016, and so far this year the malicious software threat hasn’t reduced.
As businesses worldwide embark on a digital transformation, they should be aware that there is a very dark side shadowing the movement, which should be prepared for.
‘Your money or your life’ was a phrase favoured by the highwaymen of the 18th century. But while masked criminals on horseback robbing stagecoach passengers may be a thing of the past, the notion of holding valued items for ransom is still prevalent.
