Cyber security and the protection of vital information from unauthorised access is a growing concern for modern businesses as the reliance on online systems and digital services continues to grow worldwide. While personal computers and networks have long been the target of hackers, the rise of mobile Apps has led to a new wave of exploits during the last five years. This has been exacerbated by the failure of cyber security innovation to keep pace with code development and negligence by smaller and medium-sized start-ups that are unable to run security audits due to rising costs.
Cyber security hit the headlines this week with researchers in the United States revealing that a Gmail hack with a 92 per cent success rate is likely to leave Android, Windows and iOS users vulnerable. According to experts, the flaw could also be exploited in several other Apps, including Amazon and WebMD, to a varying degree. UC Riverside Associate Professor Zhiyun Qian said: “The assumption has always been that these Apps can't interfere with each other easily. We show that the assumption is not correct and one App can in fact significantly impact another and result in harmful consequences.” The news follows a recent study by Alert Logic that showed that the majority of cybercrime in Northern Europe is financially motivated with malware often used to extract user credentials.
This remains a concern for firms in sectors such as IT recruitment, Architecture and Strategy and Data Analytics, as their ability to drive economic growth is being hampered by ongoing cyber crime. The National Security Strategy estimated earlier this year that such crime costs the UK economy a staggering £27 billion on an annual basis, with three in ten businesses revealing that they had been a victim through hacking intrusions, virus infections or system breaches during the last 12 months.
Mobile technology and smartphone security is now the next frontier in cyber security as the always-online devices feature names of associates and private conversations and pictures. Google is attempting to step up their resistance to frequent hacking on mobile devices by building security into its software so that Apps are “walled off” from each other, so that data cannot be stolen. While this baseband system is “high risk” and reduces the effectiveness of standalone antivirus programs, it is seen as essential due to the fact that consumers are still unaware of the risks associated with mobile theft and fraud.
This article has been written by Jack Skinner-Consultant-Cybersecurity for more information please contact Jack on: +44 (0)20 7014 0230 or email firstname.lastname@example.org
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