UK’s Digital Strategy – Future Model or Another Thought Piece?

First announced in 2015, the United Kingdom (UK) finally published its Digital Strategy that went into effect on March 1, 2017.  Per the government’s website, the goal of this document is to provide a blueprint how the UK will build on its success to date in developing a world-leading digital economy that works for the greater good.  This is particularly important given that the UK is a global capital for financial technology, which generated £6.6bn of revenue in 2015.

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Healthcare Data: Everything Has a Price; Everything Has Value

Unsurprisingly, the healthcare sector continues to be an attractive target as data stolen continues to provide value to a diverse threat actor set.  Indeed, criminals and those actors associated with traditional cyber espionage activities have conducted some of the more news garnering incidents over the past few years.  What’s more, depending on the actors’ intent, all types of information have been sought after and stolen by these groups and individuals to include financial and insurance-related information, personal identifiable information, and even the health records of patients.  The targeting of these different types of data should demonstrate to the healthcare industry that there is no seemingly benign data when it comes to healthcare and that strategies must be designed to safeguard any and all types of data that relate to patients and their care treatments.

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Should We Just Accept Cyber Breaches as the New Normal?

An August article suggested that the due to the large amounts of cyber breaches that have impacted both public and private sectors that have put millions of individuals personal identifiable information at risk, the general attitude toward breaches is becoming more mainstream and accepted.  This is an unfortunate state of affairs when instead of compelling organizations to aggressively improve their network security practices, the public writ large is willing to accept credit monitoring for a period of time (usually 1-2 years) as a consolation prize.  According to one source, the first half of 2016 has seen 538 breaches identified; 60 percent of businesses losing valuable intellectual property and/or trade secrets; and approximately 13 million records exposed.

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Cybersecurity for SMBs - The next frontier?

SMBs play a critical role in national economies- as they comprise about 97% of all commercial enterprises. Until very recently SMBs did not consider themselves a prime target of cyber threats and rightly so- all the high-profile hacks were aimed at large enterprise, and it was widely assumed that cybercriminals wouldn’t bother with small stake targets. But, as the economy becomes more connected SMB are taking center stage in cyber activities as well. As SMBs are connected to both customers and larger enterprises and governmental organizations, they now become a compelling target for cybercriminals. In addition, low cost, mass production cyber weapons now make it economically feasible for cyber criminals to successfully target SMBs and even individuals. Of these, Ransomware has one of the highest return-on-investments ratio for criminals, regardless of the victim’s occupation or annual turnover.

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