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Will Your Business Get Hacked in 2016?

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Page 1: Will Your Business Get Hacked in 2016?

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Large Companies

81%£600k - £1.5m

Small Companies

60%£65k - £115k

Large Companies

90%£1.46m - £3.14m

Small Companies

75%£75k - £311k

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2016: The year of the bigger problems?

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4,000 data breaches in 3 yearsComputing.co.uk

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Over 170 law firms investigated in 1 year

Computing.co.uk

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ALL major UK banks and lenders reported data breaches

Computing.co.uk

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¾ of customers would reconsider using a company

Computing.co.uk

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Who’s to blame?

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159,959 accounts compromisedComputing.co.uk

Nearly 300,000 customers lost

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Total cost £40- £45 million Computing.co.uk

£15 million lost in trading value

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BT picked up 40% of unhappy customers

Computing.co.uk

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5.5 million things connected every day

1

20

15

10

5

Billi

ons

2001 20202014

1.2B

20.8B

6.4B

2016

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“For many years, we have used encryption to protect our customers’ personal data because we believe it’s the only way to keep their information safe.”Tim Cook, CEO of Apple

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Up to 35% would Sell company information

Computing.co.uk

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Passwords…

1. 1234562. password3. 123456784. qwerty5. 12345

6. 1234567897. football8. 12349. 123456710. baseball

11. welcome 12. 123456789013. abc12314. 11111115. 1qaz2wzx

16. dragon17. master18. monkey19. letmein20. login

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“Two things are infinite: The universe and human stupidity, and I’m not so sure about the former.”

- Albert Einstein

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Trends

Security Breaches on the rise

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Firewall

Web

Email

Wireless

Reducing the threat - Protect

Endpoint

Encryption

Server

MobileInsight & Analysis

Better Protection

Intelligence Sharing

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IT Control

Configuration

Visibility

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Reducing the threat - Control

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Reducing the threat - Educate

Passphrases not passwords

Think before you click

Verify the call

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Layered defense & automation

Analytics

Next-Gen Firewall

Wireless

Web

Email

Disk Encryption

UTM

File Encryption

Endpoint

Next-Gen Endpoint

Mobile

Server

Cloud Intelligence

Centralized Policy Management

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Will your business get hacked?

8 June 2016

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rollits.com

How can you help to protect

yourself against your weakest

link?

Your Employees!

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rollits.com

Cybercriminals use social Engineering

 No longer kids in their bedroom

This is serious organised crime

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rollits.com

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Employers have a duty to train employees• Tell them○ Be vigilant, if something looks strange be cautious○ Be aware of Spoofing○ Are you expecting it?○ Would you expect more/less detail?○ Do not click the link in an unexpected email○ Browse on safer devices if possible (such as tablets)

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At home …• Keep anti-virus software up to

date• Ensure your firewall is turned

on and up to date• Keep your devices operating

system and Apps/Programs up to date

• Browse using a tablet (only download apps from official app stores (Google/Apple)

• Be cautious!

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Browsing at work because we keep security system up to date can be not safe. Key in web site addresses, don’t click

on links to them

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Criminals gain trust of employees

Trust is power to the criminals

Everyone from receptionist to MD/Chairman is duped

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What if an employee causes a security breach?What action can be taken?• Misconduct?• Incompetence?

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What loss has been suffered?

Carry out a proper investigation to establish the facts.

Look at the training record.

Apply appropriate sanction following a disciplinary/ capability hearing with employee.

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I Quit!!

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Employee walks out of the door with your most valuable assets:Customer lists / supplier lists / pricing structure / business strategy /

trade secrets / product informationWhat can an employer do to protect itself?

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Look at disciplinary rules and procedure whilst in employment

Look to the contract if an employee quitsPost-termination restrictions

Must be drafted correctly“No wider than necessary”

“Legitimate business interest to protect”

Take legal advice before drafting

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No contract?

More difficult

Cannot prevent competing without express

contractual provisions

Cannot prevent solicitation

Employee is free to use employer’s information

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Policies & proceduresForwarding to home email

Printing/copyingLeaving things in cars/bags/trains

Be clear that all of the above are misconduct

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Be prepared and you can strengthen your weakest link!

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Any Questions?

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Ed Jenneson01482 337341

[email protected]