Professor Richard Benham, visiting professor in cyber
security management at Coventry University, has warned that governments and
banks could be "brought to their knees" by computer hackers due to a "weak
link" when it comes to staff who aren't trained proficiently in cyber
security.
Government computer hacking activity
Coventry University has recently launched a National MBA in
Cyber Security and these comments have been made after a well-reported series
of cyber-attacks against high-profile targets. Some of the hacking activity
included CyberCaliphate, the pro-ISIS hacking group, seizing the reigns (albeit
temporarily) of the US Central Command’s Twitter and YouTube accounts.
Although it may be seen as inconvenient for businesses to
train staff on cyber vandalism, Professor Benham has highlighted the importance
that the threat is not ignored – the cost of good training is small compared to
what could happen potentially.
Protect your business from cyber-attacks
Professor Richard Benham warned;
"Hacking social media channels is one thing, but it's
only a matter of time before a major institution such as a large bank or
government service is brought to its knees by an online onslaught.
"A major breach in any one part of a bank's critical
network infrastructure could cause it to fail, setting in motion a potentially
devastating ripple effect throughout the markets
.
"When the Associated Press had its Twitter feed
hijacked with a fake tweet reporting the bombing of the White House, within
minutes the Dow Jones Industrial Average plunged 143 points," he
continued, adding: "Imagine the economic effects of a genuine
strike."
Professor Benham warned that many organisations still remain
highly vulnerable to cyber-attack and social media hackers, despite recent
efforts to bolster cyber security.
He continued;
"Despite a recent push to flag up the importance of
cyber security matters at board level, banks are still not especially well
prepared for even this sort of attack at the periphery - never mind one that
goes for the jugular," he said, before going on to suggest the lack of
cyber security training for employees in these firms is dangerous.
"Most employees, without proper training of the
necessary 'cyber-hygiene' required at work, are a significant weak link.
"In most cases only a small number of people in the
organisation are sufficiently expert in cyber security issues - a problem that
doesn't just affect banks.”
For more information on how to protect your company from cyber-attacks,
contact AVC Computer Support on 01902 375304 or contact us via the
website.