Yesterday experts in internet crime investigation met state lawmakers in Hawaii to discuss personal and global threats in cyber space. Cyber crime has grown at an exponential rate in the last 5 years and shows no signs of abating. On the contrary, it seems easier than ever for cyber criminals to attack individuals and business, with hacking software becoming freely available.
Gary Yabuta, Maui police chief stated:
‘This diabolical criminal genius doesn’t have to be from a Stanford University, an MIT, a Cal Tech or an Ivy League college. In fact, he doesn’t even have to be very smart.’
The proliferation in cyber crime is backed up by statistics released from the Internet Crime Complaint Center. It released figures showing that cyber crimes across the country had increased by 22% from 2008 to 2009, with losses doubling to half a billion dollars. Indications suggest that the figures for 2010 and 2011 will easily surpass this figure as well.
There’s no point in closing our eyes and hoping for the best when it comes to cyber security. It is a very real and serious threat. Small business are often those the most at risk, as resources and manpower are smaller. Additionally, unlike the giant brands like Sony and Google, they don’t have the funds to recover from a cyber attack. This is not to say such attacks on large businesses aren’t damaging; the recent attack on the Sony Playstation network is estimated to have cost them $100 million dollars and significant brand damage.
The point is, whatever size of business you are, you need to have robust cyber security.
Don’t ignore the threat of cyber crime, it won’t go away. This book will help you realise the risks that internet technologies present, and how to ensure that your company is protected from the risks that come with using such technologies.