Newspaper article The Journal (Newcastle, England)

Benefits of Good Cyber Security

Newspaper article The Journal (Newcastle, England)

Benefits of Good Cyber Security

Article excerpt

CYBER security is often perceived as complicated and expensive, and its benefits seem remote from real-world business pressures.

With a bit of luck, it may never be needed and, for this reason, it can be overlooked in favour of investments that generate a more tangible return.

The manufacturing industry is behind the curve on cyber security when compared to other sectors such as telecoms, banking and retail.

There is however a growing appreciation in the industry that good cyber security practice can both minimise threats and drive positive commercial improvements.

Understanding your systems The cornerstone of good data security is understanding what you already have. Auditing what systems are in operation and what data is held is the foundation on which to build an effective defence.

This knowledge can however also be used to spot opportunities: for example, redundant systems can be removed thereby simultaneously eradicating a security risk and a maintenance cost.

Having a clear picture of data flows within and outside an organisation allows security weak points to be recognised.

It may also identify pots of unused data that could be analysed for production efficiency gains and open up avenues to commercially exploit the data.

The greater risk Despite all the noise around sophisticated hacking, the greatest risk still comes from people. The latest ICO trend report shows hacking as the fourth most common cyber security incident, with human error holding the top three spots.

Training staff to be vigilant in protecting an organisation's information is crucial.

It also builds trust that their employer is looking after their information.

Surveys have shown that a majority of employees would leave an organisation if their personal information was compromised. Loss of staff data is also now giving rise to class actions, like the one being brought by 5,000 employees against the supermarket, Morrisons. …

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