Back in 1995, when Bill Gates set up Windows 95, there were very few IT applications and, according to Internetlivestats.com, only 0.8 per cent of the world’s population had internet access at home. Therefore, the risk of cyber-attacks was relatively low.
Since then, the IT landscape has changed dramatically. It was estimated that in 2016, 46.1 per cent of the world’s population had internet access at home — a huge increase since 1995. A single device is now capable of processing an extraordinary number of applications and cloud technology means data can be easily shared between devices. These technological advancements have considerably increased the risk of cyber-attacks.
There are things that every business must do to protect its employees, customers and stakeholders from the potentially damaging effects of attacks such as the ransomware attack on the NHS.
Everybody Is A Security Officer
The task of ensuring cyber security in a business can no longer fall to one or two security officers. Everybody must have an awareness of the potential threats, how to protect against them and how to respond in the case of a security breach. The cyber-security of a business increases considerably if everybody takes simple but effective protective measures. These measures must include installing antivirus software, keeping all software updated, identifying suspicious popups and regularly changing passwords. Common sense is the first line of defence.
Comply With GDPR
In May 2018, the new general data protection regulations (GDPR) will enforce new mandatory requirements for businesses. In essence, you will need to know exactly where all data is stored, how it is held and how it can be accessed. By complying with these regulations, you will be helping to keep your business’s data and IT systems safe from cyber-crime.
Have A Strategy In Place
The key to dealing with cyber-crime is to protect, detect and respond. Once an attacker has access to data, it’s extremely difficult to retrieve it. Therefore, prevention is better than cure. Regardless of how well you protect your business, cyber-attacks may still occur, so everybody must know the signs. According to a 2017 cyber security breaches survey from the Government’s department for digital, culture, media and sport, 46 per cent of organisations had experienced a cyber-attack in the past twelve months. However, many others may have been attacked but did not realise.
To make sure you detect any cyber-attacks that you may fall victim to, look out for unusual password activity notifications, slow network speed and suspicious e-mails or popups — all of which could indicate a breach.
Businesses must also be prepared to respond to a cyber-attack. As of May 2018, the GDPR will state that a cyber breach must be reported in 72 hours. Failure to comply could result in a fine of up to €20 million or four per cent of your business’s global turnover. In addition to reporting the attack, the breach should be contained by shutting down all IT equipment and assess all systems that could have been compromised.
The May 2017 attack was the largest cyber-attack the NHS has ever fallen victim to. NHS England stated that no patient data was compromised and the staff response was commendable. However, this attack may potentially have been avoided if the NHS had been more diligent in its cyber protection measures.