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Hague further commented that the daily attacks show evidence of being deliberate, organised attacks against government networks in the UK from ‘foreign actors’ which could undermine the UK’s security and economic competitiveness.
Ross Brewer, managing director and vice president, international markets, LogRhythm, made the following comments:There is no shortage of examples of how cyber attacks can lead to loss of sensitive information and financial repercussions for government organisations. However, as the cyber threat becomes ever more frequent and sophisticated, the potential to compromise critical systems and cause real world damage grows – and notorious viruses such as Stuxnet and Flame have highlighted the cascading effect that an attack can have on other infrastructure sectors.
What’s more, as our world becomes increasingly connected – with the internet controlling most aspects of daily life from telephone systems, to traffic systems to cash machines and other infrastructure – vulnerabilities increase and urgent steps must be taken to ensure that security procedures are aligned.
It is unfortunate that most cyber security policies – whether government-led or within private enterprise – focus on catching and punishing cybercriminals as opposed to preventing computer crime. The scale and nature of today’s cyber threat as described by William Hague calls for continuous, protective monitoring of IT networks to ensure that even the smallest intrusion or anomaly can be detected before it becomes a bigger problem for all – after all, you can only defend against that which you can see.
In the meantime, traditional point security tools, such as anti-virus software and firewalls, continue on their downward spiral, repeatedly proving their various limitations. Furthermore, having centralised systems in place that can collect and analyse – but, most importantly of all, add context to data as and when it is generated – means that organisations can take advantage of the mass of data accrued. This consequently gives them invaluable intelligence offered by Big Data security analytics.
The other issue to consider is that – even once a cyber breach has been remediated and any potential damage minimised – there often remains an enormous amount of uncertainty surrounding the origins of the attack. Without confirmation of the source of attacks, inaccurate finger-pointing can and often does occur – and when this happens between nation states, already-tense diplomatic conflicts can be inflamed. As such, further forensic analysis of the breach is often required, which traditional point security solutions do not provide.
A holistic IT security strategy focusing on the continuous monitoring of IT networks provides the network visibility required to piece together seemingly isolated events, giving organisations the intelligent insight needed for deep forensic analysis. Only with this deep level of network visibility can cyber attacks be mitigated and accurately attributed to the correct perpetrators.


Spotlight

Is it time to professionalize information security?
Posted on 23 May 2013. | The issue of whether or not information security professionals should be licensed to practice has already been the topic of many a passionate debate.

Review: Logging and Log Management
Posted on 22 May 2013. | Every security practitioner should be aware of the overwhelming advantages of logging and perusing logs for discovering system intrusions. But logging and log management comes with its own set of difficulties.

Experts highlight top data breach vulnerabilities
Posted on 22 May 2013. | Hidden vulnerabilities lie in everyday activities that can expose personal information and lead to data breach, including buying gas with a credit card or wearing a pacemaker.

A closer look at Mega cloud storage
Posted on 21 May 2013. | Once a novelty, nowadays many cloud storage services are fighting for their piece of the market in the virtual world. Mega offers 50GB of free space with great pricing on Pro accounts.

The CSO perspective on healthcare security and compliance
Posted on 20 May 2013. | Randall Gamby is the CSO of the Medicaid Information Service Center of New York. In this interview he discusses healthcare security and compliance challenges and offers a variety of tips.
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