Cybersecurity and the New Governance Model

Cybersecurity and the New Governance Model

The real world isn’t like the online world.

In the real world, you only have to worry about the criminals who live in your city. But in the online world, you have to worry about criminals who could be on the other side of the planet. Online crime is always international because the Internet has no borders.

Today computer viruses and other malicious software are no longer written by hobbyist hackers seeking fame and glory among their peers. Most of them are written by professional criminals who are making millions with their attacks. These criminals want access to your computer, your PayPal passwords, and your credit card numbers.

This new reality opens up a whole array of possibilities in fields such as health, communications and mobility, but also entails risks, especially in the area of security. In recent months alone, we have witnessed events that until now we thought were only possible in the realms of science fiction, such as the fact that hospitals were obliged to cease operating because their files had been infected by a virus; or that no less than the German government had to ban the sale of a doll that connected to the Internet, because it could potentially be used to spy on children’s behavior.

Viruses such as WannaCry or Petya have sparked panic among international public opinion to the point that practically no one now dares question the need for cybersecurity protocols within organizations. These are understood as the discipline that groups together all the tools, guidelines, management methods, practices and policies aimed at protecting our own and companies’ assets on the Internet, covering everything from our personal data, the keys and passwords we use, our online purchase history and our banking information. So much so that according to the study on global risks published each year by the World Economic Forum, cyber-attacks are now the fourth greatest concern for the global community, surpassed only by unemployment, climate change, the water crisis and conflicts between nations.

The consulting company Gartner has revealed in a report that by 2020, 60% of digital businesses will have suffered serious failures due to the inability of its teams to manage digital risk. According to the report, this can only be resolved in two ways: by training specialists in cybersecurity (Incibe, for example, claims that the European Union needs to incorporate 825,000 specialists in this field in the next ten years, whereas IDG calculates that in 2019 there will be a global demand for six million cybersecurity experts), and by improving technology protocols in different fields, including particularly:

  • Cars – Smart cars are already on the market and yet they are vulnerable both through direct attacks and from other supports to which they are connected, like smartwatches.
  • Wearable – Like smartphones or smartwatches, which are not sufficiently protected and thus expose users’ personal information to vulnerability.
  • Cloud services – More and more organizations are using cloud services to store their files but without installing the necessary encryption systems.
  • Ransomware – Two out of every five companies in Spain suffered malware attacks in 2016 which blocked the use of files, obliging them to pay a ransom to release them.
  • Hardware – Systems for the protection and analysis of threats are essential for guaranteeing the security of communications, even in local networks.

Conclusions

  • To increase confidence in the digital environment it is essential to boost the security of all communications taking place on the Internet, and to do so by encouraging adequate collaboration between governments and private companies.
  • Education and awareness continue to be the best tools for preventing cyber-attacks as far as possible. Encryption, security protocols and investments in security systems are key in this regard.
  • The sector has an urgent need for specialists that are capable of developing systems for predicting and anticipating possible threats. It is essential for universities to train experts to guarantee the security of digital communications.
  • In spite of the efforts made in recent years, it is still crucial to define the correct legal framework to guarantee the cybersecurity of people and organizations. International bodies must redouble their efforts to achieve the maximum cooperation between nations.
  • The emergence of new technologies further exacerbates the global vulnerability of the system. So along with developing global strategies against terrorism, punishments and criminal sentences must be imposed to sanction the perpetrators of cyber-attacks.

What we offer to protect you against cyber attacks

  • Providing security compliance services
  • Providing firewall management services
  • Providing email and cloud security services
  • Providing other IT protection consulting services
  • Security systems design and integration
  • Existing security systems management

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