CEOs need to make cybersecurity part of corporate culture

Posted by Craig McDonald on 21 September 2018 09:22:52 AEST

What is cybersecurity?
If you walked around your office and asked people that question, what sort of answers do you think, you’d get?

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Is your cybersecurity budget well spent? Or are you missing the target?

Posted by Craig McDonald on 27 August 2018 10:47:21 AEST

The image many businesspeople have of cybercrime is a teenager with a grubby hoody hunched over a laptop hammering code into a flickering screen that’s like something out of The Matrix. The imaginary teen finds a backdoor into a bank’s server admin page, and typing like fury beats the computer in a showdown of quick-draw typing.

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Could your business handle a cyber-attack this afternoon?

Posted by Craig McDonald on 23 August 2018 09:50:14 AEST

"Raise the topic of cybersecurity with any board of directors. They would all probably agree it’s a very important issue, but it’s rare that they would all agree what to do about it. Just asking a few pointed questions can create a lot of energy:
How well prepared are you for a sophisticated cyber attack this afternoon?”

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Medical sector facing a new kind of plague

Posted by Craig McDonald on 10 August 2018 14:25:58 AEST

I had a group of friends over for dinner a couple of weeks ago, one of whom is a doctor. She arrived late and apologised, saying that she’d been stuck late at work because the clinic computer system was hacked and her appointment schedule was all messed up.

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The imitation game: email fraud, phishing & brandjacking

Posted by Craig McDonald on 23 July 2018 12:22:15 AEST

The term “imitation game” comes from a paper Alan Turing wrote in 1960 called Computing Machinery and Intelligence. Turing posed the question "Are there imaginable digital computers which would do well in the imitation game?"
While machines are now beginning to answer Turing’s question in the affirmative, the most dangerous copycats in the cyber-world are still humans.

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Email: the skeleton key to your company’s data & dollars

Posted by Craig McDonald on 16 July 2018 10:33:31 AEST
  • Phishing
  • Brandjacking
  • CEO fraud

All these kinds of cybercrime are perpetrated using email as their primary vector.

Every business is constantly sending and receiving emails, it’s part of the background noise of everyday work, so it’s a powerful tool for criminals who want to slip under the wire and attack a company from the inside out.

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Attention: unusual activity on your email account - click here

Posted by Craig McDonald on 05 July 2018 11:00:01 AEST

 

Does defeating cybercriminals mean we need to try thinking like they do?

The kind of people who commit cybercrime aren’t CEO material. They aren’t even necessarily the I.T. whiz or hacker type; cybercrime doesn’t require a serious technical skill set. The crooks behind online fraud attacks are using technology, certainly, but they are consumers, not experts.

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How hard/easy is it to defraud your company?

Posted by Craig McDonald on 07 June 2018 14:23:59 AEST


You have your solicitor look over contracts before they’re signed.
Your accountant examines your books to find any irregularities.
There are checks and balances in place to monitor purchases, invoicing, payroll and transactions of every kind.
You’re confident that your company’s financial integrity is well protected, but what about the online realm?

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Cybersecurity: a quick-start guide for businesspeople

Posted by Craig McDonald on 04 June 2018 11:49:46 AEST


There’s a lot about online crime that’s ambiguous and confusing, but the damage it’s doing is all too clear. Recent research figures released by the FBI and reports from independent cybersecurity experts estimate that the damage bill from cybercrime in 2018 will reach more than
US$12 billion dollars.

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Cybersecurity insurance: only half of businesses have it

Posted by Craig McDonald on 01 June 2018 15:53:18 AEST


The
Wall Street Journal has published an interesting article quoting Warren Buffett talking about cybersecurity insurance and his view that it is a bad risk.

Speaking at a Berkshire Hathaway Inc. meeting, Buffett said: “We can figure the probability of a quake or a hurricane but don’t know as much in cyber. It’s uncharted territory on the insurance side and will get worse, not better.”

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Cyber-ranges: hands-on cybersecurity training to make companies safer

Posted by Craig McDonald on 16 May 2018 13:31:45 AEST


Have you come across the concept of
cyber-ranges before? 

Cyber-ranges have arisen from the growing need to educate people about the way cybercrime works. The name of this new type of training serviceis derived from shooting ranges - safe places where people go to fire guns at targets - because a cyber-range is a safe environment for practising cybercrime defence.

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Beyond crypto: Blockchain as a collaboration platform

Posted by Craig McDonald on 11 May 2018 12:40:09 AEST


The public image of Blockchain technology - especially cryptocurrency, it’s most visible application to date - is controversial, at best.

The example of a Blockchain system that most people are aware of is Bitcoin, and the history of that now famous cryptocurrency has been marred by high profile thefts that have tainted the public image of Blockchain in general.

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Cybercriminals vs The World: together we can beat them

Posted by Craig McDonald on 02 May 2018 10:05:37 AEST


Why do the people working on the frontlines of cybersecurity feel that
collaboration is so important right now?

I think the answer lies in the staggering statistics on cybercrime growth that are appearing in every corporate survey released recently and stories like the Facebook and Equifax data breaches that are constantly in the headlines as well.

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Cybersecurity - don’t learn about it the hard way

Posted by Craig McDonald on 18 April 2018 11:22:48 AEST


It’s my mission, both as an entrepreneur and a communicator, to help businesses protect themselves from cybercrime.

The cost to companies from cyber-attacks is growing at an alarming rate at the moment. Part of that problem is that there are still senior decision-makers in companies who don’t understand the devastating impact cybercrime can have on a business.

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Ensuring your cash flow security

Posted by Craig McDonald on 09 April 2018 15:42:08 AEST


"Cybersecurity needs to be taken seriously… Cybercriminals are becoming more sophisticated and small businesses are particularly vulnerable. Many small businesses have successfully blended their physical and virtual shopfronts to establish sustainable operating models... Cybercriminals now are attacking small businesses very regularly. They know the big guys have really cool systems and they know the little guys haven't.”

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