“Can it happen to us?” All over the world technology executives have been fielding this question from boards of directors and CEOs in the wake of highly publicised cyber-attacks on large, well-respected companies and public institutions.
In a world where ever more value is migrating online, where business strategies require more open and interconnected technology environments, where attackers have ever-more impressive capabilities and where attacks exploit human vulnerabilities in the form of employee and customer behavior, the only honest answer is: “Yes.”
In fact, in many places it may have already happened. Yes, political “hacktivists” like Anonymous and Lulzsec delight in announcing their exploits to the world and causing embarrassment to their targets. Other sophisticated attackers seek to cover their tracks. Organised crime rings engaging in cyber-fraud or national intelligence agencies exfiltrating valuable intellectual property for economic advantage have no interest in letting their targets know they’ve been attacked.
We believe there’s a slightly different question that boards and senior business leaders should be asking the technology team about cyber-security: “Are we ready?”
Read the full article on the Financial Times website: http://www.ft.com/cms/s/0/861cb2c2-78f5-11e1-88c5-00144feab49a.html#axzz1qUgPzuo9
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