It’s a well-known fact that small businesses are more susceptible to cyber-crime than many of their larger counterparts. A lack of funding and resources means that few small to medium-sized businesses can afford to pay for vulnerability assessments or penetration testing of their network security. But just how much money is this failure to protect online networks costing small businesses? Well, according to Federation of Small Businesses it’s something in the region of £785 million every year. That staggering figure is the price SMEs pay when they fall victim to fraud and malware.
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.
Krypsys, a leading UK information security company which focuses on the next generation of emerging security threats in the Information and IT security market, is delighted to announce the launch of a series of free events: Walking through Walls 2013 – protecting your business’ IT infrastructure from cyber-intrusion. The Walking through Walls events promise to be of interest to any company or business that takes its information security seriously, and will highlight three common methods of attack used against companies every day somewhere in the world, and demonstrate and discuss the best methods of identifying and countering these threats.
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.