Is Cyber Security in the worst shape its ever been in?

Is Cyber Security in the worst shape its ever been in?

Friday morning I had some cyber security training booked. I'll be honest & my previous trainers from old workplaces will verify - I am a nightmare training. I get bored easily & despise just being talked at non stop. Add to that cyber security is not a subject that is in any way that interesting to me so its safe to say I wasn't exactly looking forward to it.

However, I figured Friday mornings are not a bad time to get bored and I knew I had to do it so I persisted with my pessimistic view of how I would feel after.

Just like much of my hairstyles from 1999-2009 - I couldn't have been more wrong - Surprisingly it was really interesting! Am I turning into a tech geek? Will I start watching star trek now? Who knows! But some facts are pretty hard to ignore :

  • Only 36% of UK businesses have a Cyber Security Policy in place. Out of these only about 68% review them regularly which makes the other 32% of those policies potentially exposed to risks.
  • Cyber attacks are the single fastest growing crime globally
  • Cybersecurity Ventures predicts that cyber crime damages will cost the world £4787010000000.00 annually by 2021 – Look at all them 0's! That's 4.78 TRILLION POUNDS! Insane & exponentially more than the damage inflicted from natural disasters in a year, and more profitable than the global trade of all major illegal drugs combined. 
  • Reported Cyber incidents on the UK's financial sector increased by over 1000% in 2018 compared to 2017.

There are a number of methods hackers have & a big concern among the experts are IOT devices - that's your smartphones, smartwatches, smart-TV, wearable technology etc. These have seen a massive increase in the B2B world and have their own security weaknesses that hackers will know and want to expose.

I'm going to be having a chat with some of my partners to see how we can help tackle this ... Watch this space!





I've only gone and sorted a free check everyone can have -?https://www.exponential-e-cybersecurity.com/ You are all welcome!?

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Robert Healey

Global Data Privacy Expert | CEO & Founder at Formiti Data International | GDPR & Risk Management Specialist | Forbes Top 10 GDPR Compliance Leader: HIPAA Consultant, Outsourced HIPAA Officer Service

5 年

IMO its always been this bad? but because of the advancement of cyber hacking techniques it now got a lot easier to? penetrate company networks.

Emma Ward

Director at EW Recruitment

5 年

This has reminded me, I need to check when ours is due for renewal.

Courtney Taylor

Telephony Recoveries Agent

5 年

Training would have been a lot better if you weren't in it tbh Carly

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