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Businesses face £17m cyber fines - Industry Comment

August 2017 by Kirill Kasavchenko, Principal Security Technologist, EMEA at Arbor Networks

Following the opening of the government consultation for implementing the EU’s
Network and Information Systems (NIS)
Directive<http://www.cityam.com/269856/busine...> ,
the comments from Kirill Kasavchenko, Principal Security Technologist,
EMEA at Arbor Networks.

"This is a clear sign from the government that it is unacceptable for organisations
to ignore potential cyber threats targeting their technology, data and networks, and
the impact these have on their ability to operate. These fines will motivate
organisations to adequately prepare for a cyber-attack, and to develop the ability
to contain breaches when they inevitably occur. A possible £17m fine means
businesses cannot afford to be complacent about their cyber security strategy.

"Businesses need to develop a formal strategy against cyber-attacks that includes a
robust incident response plan - and these should be adaptable should new threats
emerge. Organisations should instrument their internal networks so that they have
broad and deep visibility of network traffic, threats and user behaviour. Most
importantly, companies need to respect that their employees can be their biggest
weakness or their biggest asset - and the key to the latter is ensuring a culture of
security where staff offer an extra defence against cyber threats. Employees should
keep an eye out for malicious activity and must understand best practice in
minimising damage.

"This consultation offers a real opportunity for active collaboration between
government, cyber professionals and organisations. Hopefully this will translate
into legislation that offers protection for all."


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