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International tensions raise cyber risk

Geopolitical threats used to be something that only firms using an international existence needed to be concerned about. However, in cyberspace, any modern business that is associated is vulnerable.

It’s no longer enough for firms to sever ties with unsettled areas, cut loose high-risk subsidiary companies or hedge their vulnerabilities that are world-wide to deal with their way through changing international tensions.

The previous two years — marked by the escalation of state-on-state disputes and struggles — have revealed the consequences of aggression or cyber warfare may be experienced by nearly every company.

Businesses can be victims of state-sponsored attacks to Spanish renewable energy businesses — supposedly strike by North Korean hackers for tactical reasons unconnected with their immediate company, from filmmakers like Sony Pictures – .

The nature and motivation for strikes is altered: from classic state surveillance to criminal gain, economic espionage, humiliation or destruction.

“Whenever we’ve found a brand new domain name in the history of humanity, we’ve had battle over it,” says Dave DeWalt, chief executive of FireEye, among the world’s largest cyber security firms.

He considers such battle in cyber space is already upon us: “we’re seeing increasingly more complicated assaults — exceptionally advanced operations.

 

 

by admin on April 10th, 2015 in Piracy Notices

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