Key Points:
As with all risk management, there is no
one-size-fits-all approach, but some basic steps will help you
build a robust, nimble and practical cyber barricade.
It has been said that the only safe computer is one that is not
connected to the internet. While the internet has become core to
the conduct of modern business it also poses a major threat to
business. Cyber attacks can range from simple denial of service
attacks (as happened in Estonia recently where several websites
were blacked out) to sophisticated data thefts across a broad
spectrum of interests. Recently US businesses such as Target,
Nieman Marcus Stores and Michael's Arts and Crafts, have
suffered major data breaches. Such breaches can include scraping
information from customer credit cards, or in the case of Target
the gaining of access to over 110 million confidential customer
records. At another level cyber attacks can be used to destabilize
an economy — as evident in the current Ukraine