Academic journal article Manager

21st Century Burglary

Academic journal article Manager

21st Century Burglary

Article excerpt

Discussing burglary never fails to ignite the passions. Conversation quickly evolves into losses made, prevention techniques implemented and government policy. Yet talking about cyber security and cyber crime has the extraordinary ability to glaze over the eyes of the listener. Too often there is a perception that the risk is low, the potential damage small and that anti-virus software bought on the high street will be effective in stopping these sophisticated attacks.

Cyber crime is evolving and growing. In early 2014 the United States prosecuted five Chinese military officials for spying on American businesses, which is significant for two reasons. Firstly, it means that a state is effectively sponsoring this type of criminality and that sets a precedent for the organised criminal gangs, who work just as hard to steal secrets to make a profit. Secondly, the targets included light metal manufacturers, labour unions, and a power and utilities suppler. All of these industries are of course present in the UK.

In late 2014, Sony Pictures Entertainment was hacked in spectacular fashion. The result was that the hackers released films that were yet to be released in cinemas. But it will be the leaked documents of thousands of passwords and employee details that will hit Sony the hardest. The company, suppliers, and customers will rightly be concerned at the sensitive data leaked to the general public. It also raised the issue that if it can happen to such a famous company as Sony and its actors, then it can happen to anyone!

Your organisation will contain trade secrets and sensitive business information. Your intellectual property, brand reputation and customer relations potentially have tremendous value and it could therefore have a catastrophic impact if your company became the target of serious organised crime gangs operating both locally and internationally. …

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