If you ever doubted that security risk management was critical for businesses and enterprise, then your opinion might be changed after reading the information contained in the recent Verizon report. The latest study was published to coincide with Infosec – an annual security conference in London.
The internet around the world was slowed down last week in what network security experts are describing as the biggest cyber-attack of its kind in history. As network security attacks go, they can’t have come much bigger than this one. The slow-down was caused because of an escalating row between the spam-fighting group, Spamhaus, and a hosting firm, Cyberbunker. This led to a series of retaliation attacks which eventually affected the wider internet. Experts are now expressing concerns that this row has the potential to escalate even further and could eventually affecting global banking and email systems. The threat of the retaliation attacks was so overwhelming that five national cyber-police forces are now running investigations.
You may never have heard of Gil Shwed, yet there’s every likelihood that your home or business is using internet security software that has been designed, or influenced, by the company he founded, Check Point. Shwed is an Israeli programmer and entrepreneur who is rightly regarded as one of the founding fathers of modern Internet security.