Today we see an article from a top FBI official indicating just how bad the cyber security issue has become:
According to Mr. Henry:
“companies need to make major changes in the way they use computer networks to avoid further damage to national security and the economy. Too many companies, from major multinationals to small start-ups, fail to recognize the financial and legal risks they are taking—or the costs they may have already suffered unknowingly—by operating vulnerable networks”
I couldn’t agree more. My sense is that very few companies really get “security”. I know of major multinationals that outsource their IT and security to some of the big name service providers, yet they still have major security holes. I also know owners of small to medium-sized businesses that, while they know they have a problem, just don’t have the foggiest notion of what to do to begin solving the problem. In my experience, the average home user is simply in the dark concerning computer and network security.
Mr. Henry also indicated that:
“there are some things companies need to change to create more secure computer networks. He said their most valuable data should be kept off the network altogether. He cited the recent case of a hack on an unidentified company in which he said 10 years worth of research and development, valued at more than $1 billion, was stolen by hackers.”
This is not the first time I’ve read of cases where hackers have carried off decades and billions of dollars worth of R&D. It is happening all the time. See my book review on “America the Vulnerable” if you want to learn more.