ALVARO - CYBER SECURITY COLUMN - FEBRUARY 2023
Written on 06/03/2023

CYBER SECURITY AND YOU

The post office cyber attack - allegedly a state sponsored attack by Russia - has done more for cyber security than all the training I can ever give you.

You cannot even send a package abroad using your local post office.  Russia has crippled it.  DPD and Fedex are “laughing all the way to the bank.”

Companies are facing a panorama of threats, which puts cybersecurity professionals on alert. The latest data reveals that the global volume of malware exceeds 4 billion, growing steadily for three quarters.

With Ransomware-as-a-Service (RaaS) offerings, even the least technical cybercriminals can buy ransomware kits on the dark web and target organizations with minimal concern among security professionals.

Ransomware attacks, in general, have been on a downward trend in the first three quarters of 2022, especially in the United States, where they have decreased by 51%, but they increased in the UK (20%), EMEA (38%) and Asia Pacific (56%) compared to the same period last year.

Hackers are increasingly targeting financial companies, such as yours, for obvious reasons.  You are in financial services, and that is where the money is, and where your client’s money is held.

I recommend that you look at tools such as Dashlane to save passwords, and Nordlayer for a VPN service, and plan to provide more information on these over the coming weeks.

ALVARO WORKS AT BATSOFTWARE.CO.UK

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