By Kevin Bailey, Head of Market Strategy.
One of the many global topics at today’s NATO Summit is expected to be about cyber defence.
According to Computer Weekly, NATO is likely to announce that “a cyber-attack on any of the 28 member countries will be considered an attack on all”. So what does this mean for businesses in the UK?
A unified approach spearheaded by a global organisation such as NATO is indicative of the acknowledgment of the growing threat and serious and potential damage from cyber-attacks. Cyber wars can be as equally detrimental to world economies as physical threats, as all industries are increasingly interconnected.
While Operation Waking Shark in the UK has proved to be positive step forward in acting proactively to secure any weak points in the information supply chain, key to the success of a unified global defence system are unified open communications. And here we have a catch 22, in that to be able to have open unified communications about cyber security, first we need to ensure secure communications in order to share valuable information. Our mission at Clearswift as innovators in cyber security solutions is to enable secure collaboration by delivering 100% visibility of critical information, 100% of the time.
This allows secure communications both within the organisation and the extended enterprise. Hopefully NATO’s flagging of the issue at today’s summit is a step further to realising its global importance.
Cyber security is no longer a threat to only the big players in government and business; cyber criminals attack the weak point in an information supply chain, encouraged by the increased adoption of integrated financial technology as the conduit between enterprise, SME and customer interactions – exploiting the everyday consumer who fails to create a secure password or organisations who fail to implement a layered security infrastructure with operational policies and governance.
According to a recent survey on security breaches by the Department for Business, Innovation and Skills, the number of information security breaches affecting UK businesses has decreased over the last year but the scale and cost of individual breaches has almost doubled. These figures are representative of UK costs only and even here it’s clear the trend is increasing.
We very much look forward to the outcomes from the summit, as it hopes to bring a global security issue into global consciousness - with a unified and adaptive strategy of defence; a positive step in the fight against cybercrime at every level that protects all forms of critical information and infrastructure.