After a week of headline grabbing global cyberattacks are businesses ready for the next wave?

Join our live interactive panel debate with two of the world’s leading cyber counter terrorists

Tuesday 11th September from 17.00-17.25 BST

In a week that has been dominated by news of cyberattacks and hacking on a global scale a report released today warns that UK businesses need to spend significantly more to defend themselves against both commercially motivated and state-sponsored attacks.

In the past 7 days alone, 380,000 of British Airways’ customers have had their financial details stolen by hackers, North Korea has been accused by the US government of being behind the 2014 WannaCry ransomware attack that cost global business billions and the UK government’s security minister has warned that hackers from hostile states attack UK computer networks “on a daily basis.”

Ben Wallace MP, claimed the majority of attacks are state sponsored and that is backed up by a report from US cybersecurity firm Carbon Black. According to its latest Quarterly Incident Response Threat Report, IT leaders are unambiguously pointing the finger at Russia and China for originating the vast majority of cyberattacks.

Yet the Report also identifies North America as the starting point for more attacks than Iran and North Korea combined which are next on the list.  A third of IT heads say the attackers’ end goal is pure espionage and not just IP theft or financial gain.

And according to damning new findings to be revealed on 11th September UK companies have become particularly vulnerable and susceptible to attack in the past 12 months.

It’s now estimated that the cybercrime community is spending $1 trillion a year on hacking, malicious attacks and breaches. By comparison, the amount spent by business worldwide on protecting itself from them is put at just $96 billion. In other words, companies and organisations are being outspent by a ratio of 10 to 1 on cyberspace weaponry.

So what can businesses do? And how can security teams react quickly to these evolving threats? At 17.00 BST on Tuesday 11th September you can put your questions to two of the world’s leading cyber counter terrorists in an interactive live-streamed panel debate.

Join Tom Kellermann, Chief Cybersecurity Officer at Carbon Black, his colleague Rick McElroy, Security Strategist at Carbon Black and international security expert, Chris Phillips to understand more about the new wave of cyberattacks and how to defend your business against new sophisticated espionage.

WEBLINKS                            

https://www.carbonblack.com/                   

https://broadcastcentre.com/show/threat-hunters-the-cyberheroes-of-today

 

 

Alison McGuire

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