Lessons from the Yahoo data breach
Once again the headlines are dominated by news of another major breach, unsurprisingly it’s Yahoo data breach which has been made apparent. More info
So just who is responsible for cyber security? Earlier this week we re-tweeted a great article from the Cyber Skills Centre about who is to blame for the current issues and challenges with cyber security in organisations.
Controversially the author, Stuart Wilkes, suggested that responsibility resides with the IT Director and not the software provider or the Criminal. Reading the article, his argument was logical and well structured. As Business Leaders, the IT Director have the responsibility for ensuring security is included in the design of systems, that they communicate with the Board / their Clients, on trends within the industry, that they are responsible for recommending changes in process and practice in the organisation and so on. More info
Cyber security is a serious problem. The Federation of Small Businesses (FSB) latest figures show 42 % of members have been a victim of cyber crime in the last 12 months!
Costing an average of £3,000 per business.
Cyber security breaches cost the UK economy £5.26bn per year. And the time taken for an small or medium sized business to recover from a breach is now estimated as being more than 2 days.