e-crime Mid-Year Meeting 5 October 2010, Victoria Park Plaza, London.
As we all know Technology is continuing in it relentless advance at such a rapid pace that even 10 years ago anyone predicting our current technology-enabled capabilities would have been considered crazy. We are all living in a world that is totally connected 24/7. We are the martini generation of computers, anytime, anyplace and anywhere, just like martini time we are very relaxed about our security.
The e-criminal- A Growth Profession!
These quantum changes are matched in the way e-criminals operate, singularly or as very sophisticated groups. Their objective is to find a way around website, apps and mobile protection. E-Criminals are the cyber equivalent to burglars who pick locks and break windows. There is one obvious area where commercial organisations are ‘holding the door’ open for the e-criminal, and that is around login and authentication, research tells us that the 2 factor username and password is not enough you may have left your door open for the e-criminal.
The Cost of CyberCrime to business.
Studies by the Ponemon Institute reveal that a security breach costs a company:
• an average of £64 per file
• £10,000-£120,000 of admin costs
• An ICO fine
• Reputation Damage.
Pro-actively investing in security can help a business avoid potential costs, loss of resource and productivity that security violations can have on a company. Attacks on organisations are becoming more frequent and the attacks are moving outside of the financial sector into all sectors that transact on the web. (Retail, Gaming and Social Networks)
Cloud Computing its coming... well actually everyone is going that way!
As we all know Technology is continuing in it relentless advance at such a rapid pace that even 10 years ago anyone predicting our current technology-enabled capabilities would have been considered crazy. We are all living in a world that is totally connected 24/7. We are the martini generation of computers, anytime, anyplace and anywhere, just like martini time we are very relaxed about our security.
The e-criminal- A Growth Profession!
These quantum changes are matched in the way e-criminals operate, singularly or as very sophisticated groups. Their objective is to find a way around website, apps and mobile protection. E-Criminals are the cyber equivalent to burglars who pick locks and break windows. There is one obvious area where commercial organisations are ‘holding the door’ open for the e-criminal, and that is around login and authentication, research tells us that the 2 factor username and password is not enough you may have left your door open for the e-criminal.
The Cost of CyberCrime to business.
Studies by the Ponemon Institute reveal that a security breach costs a company:
• an average of £64 per file
• £10,000-£120,000 of admin costs
• An ICO fine
• Reputation Damage.
Pro-actively investing in security can help a business avoid potential costs, loss of resource and productivity that security violations can have on a company. Attacks on organisations are becoming more frequent and the attacks are moving outside of the financial sector into all sectors that transact on the web. (Retail, Gaming and Social Networks)
Cloud Computing its coming... well actually everyone is going that way!
The pan-European survey by Portio indicates that 75% of CIO’s viewed security as a barrier to adopting cloud computing, more than 65% said they would move between 21% - 60% of their applications to the cloud in the next year.
STATS
I love all the stats, and they make great colourful graphs but the fact is businesses are moving into the cloud, they need to protect themselves and their users . There is a growing need for effective non invasive security like LiveEnsure authentication.
The content of this mid -year meeting was exceptional, delivering practical advice focussing on how security can help businesses to adapt to change, take advantage of opportunities and remain secure.
http://www.e-crimecongress.org/forum/
I love all the stats, and they make great colourful graphs but the fact is businesses are moving into the cloud, they need to protect themselves and their users . There is a growing need for effective non invasive security like LiveEnsure authentication.
The content of this mid -year meeting was exceptional, delivering practical advice focussing on how security can help businesses to adapt to change, take advantage of opportunities and remain secure.
http://www.e-crimecongress.org/forum/
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