Last month a leaked memo from Facebook that described how a new attitude to security breaches is needed was concerning reading. Shifting the view that a level of security incidents is a fact of life can diminish how cybersecurity is viewed, supported, and more worryingly, the mindset that some level of cyberattack is inevitable.
GDPR clearly defines the role of the data controller. If businesses reduce their attention and the resources they allocate to cybersecurity defence, this could potentially place everyone’s data at risk.
Cybercrime has continued to expand, especially since the pandemic took hold. According to the COVID Crime Index 2021, three-quarters (74%) of businesses particularly in the financial services sectors have experienced a rise in cybercrime since the pandemic began, with 43% of banks and insurers revealing the remote working model has made them less secure.
Adrian Nish, Head of Cyber at BAE Systems Applied Intelligence, comments: “Attackers are building increasingly advanced capabilities to target core banking systems and becoming more aggressive, harming…
