Despite cyber security being one of the top three global economic concerns in most developed countries, it continues to be sidelined by most companies. Cybercrime costs over USD$445 billion globally and the figures continue to rise, expected to exceed $1 trillion by 2021. With increasing digitization and interconnectedness of networks, cyber dependence is becoming a…
Corporate risk has been around ever since businesses came into being. While diversifiable risk can be mitigated by taking appropriate measures, it is next to impossible to eliminate systematic risk which is entirely dependent on market fluctuations. Businesses thrive on consistency and performance. Risk, on the other hand, threatens to disrupt the normal flow of…
One motto that I try to follow in my day-to-day activities is: “small is beautiful”. “Why?” you could say. Because in security, and in many aspects of our lives, sometimes, going slowly, or taking small bites is better than going full blast. It is really easy to adopt a new shiny technology, or throw cash…
We’re entering a progressively networked world where information is being shared at lightning speeds and the IT infrastructure is intricately interconnected. From businesses to government and military affairs, cyber security is the top most concern for all. The absence of adequate protection may yield drastic consequences for all parties involved. Statistics Check If you…
Cyber risk is a prevalent issue for businesses everywhere. It is the second most reported economic crime affecting 32% of organizations. The current state of cyber security offers a miserable picture of security professionals attempting and failing to secure their networks. All companies follow their own unique cyber security strategies that are inadequate by all…
Almost two-thirds of the companies in the US are susceptible to fraudulent activities. All stakeholders have a lot to lose in such cases, with the employees and investors being at the greatest disadvantage. Having an Ethics Hotline is the most popular method of detecting fraud within companies. As per the Sarbanes-Oxley Act of 2002, all…
Employees aren’t robots. While some of them may have simple concerns about general operations around the workplace, others may be concerned about bigger problems like fraud, discrimination and harassment. Unless they allow employees to voice out their concerns, employers won’t be able to identify problems at the workplace or work towards improving them. In…
Sorry for my absence, dear readers, but I was out for a well-deserved vacation time with my family. Not that I don’t like you, but you know the security observer needs, sometimes, to take a moment to refresh his mind and be prepared for another year of security monitoring and analysis. And, by what I…
The recent terrorist attack in Nice reminds us that terrorism is, unfortunately, alive and well. What can we expect in the upcoming months? The terrible incident that we saw in Nice is just another wake-up call for those who are working in security. Unfortunately, we are in an era where terrorism is evolving rapidly. Not…
What are the main problems that we ought to see in the upcoming months on the cyber security front? Well, the four horsemen analogy is actually pretty useful to understand what we are facing right now. Social Engineering Even though hacking computers seems to be something easy, it really isn’t. Yes, sometimes hacks are really…
