Deloitte: Middle East businesses facing cyber-attacksDOWNLOAD
3 August, 2014 - Today’s C-suite must deploy a cyber-defense that is secure, vigilant, and resilient, according to a report just released by Deloitte. The report, Global Cyber Executive Briefing, finds that virtually all organizations will be attacked, so C-level executives need to better understand their biggest threats and which of their assets— typically those at the heart of their business’s mission— are at the greatest risk.
The Deloitte Global Cyber Executive Briefing report examines threats and vulnerabilities across seven key sectors: high technology, online media, telecommunications, e-commerce, insurance, manufacturing, and retail. It outlines potential for attacks, reasons, possible scenarios and potential impact to business.
“People think cyber-attacks are confined to specific sectors. The reality however, is that any organization that has valuable data is at risk,” said Fadi Mutlak, partner and Cyber security leader at Deloitte Middle East. “Not a single sector is immune to this. The recent systematic cyber-attacks on Middle East governments and Oil & Gas companies have highlighted the need for determining the value of your data now, and over time, the motivation and resources of potential attackers, which are some of the first steps in making business decisions about adequate protection.”
According to the report, “being secure” starts with tackling weaknesses in applications and reinforcing the digital infrastructure. Organizations that are vigilant should subsequently be alert and identify any attacks as early as possible. Being resilient involves early-stage identification of the direction of a threat, the reason for such threat and how it will manifest itself. Rapidly detecting an attack can spur an organization into action so it isolates and removes the threat.
The Deloitte report identified threats by sector, which include:
To view the whole report, go to: http://bit.ly/1q40tP2
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