Understanding Cyber Risk: Protecting Your Corporate Assets

A myriad of security vulnerabilities in the software and hardware we use today can be exploited by an attacker, any attacker. The knowledge necessary to successfully intercept your data and voice links and bug your computers is widespread and not limited to the intelligence apparatus. Consequently, the knowledge required can - at least in parts - also easily be accessed by criminals trying to ‘transfer your wealth’ and your competitors looking for your trade secrets. The temptation to use these easily accessible resources to the disadvantage of a rival company grows as global competition gets fiercer. Of course corporate espionage is nothing new but since the dawn of the Internet Age the rules have changed. It is no longer necessary to be on site to steal proprietary information. Cyberattacks today are cheap and attackers run a very low risk of getting caught, as attacks can be executed from anywhere in the world - an ideal breeding ground for criminal activities and the consequences can be disastrous. Here, the author provides a wealth of real world examples from diverse industries from all over the world on how company assets are attacked via the cyber world and the cases clearly show that every organization can fall victim to a cyberattack, regardless of the size or country of origin. He also offers specific advice on how to protect core assets and company secrets.