Big Business Fails to Invest in Cyber Defence

[InfoSec News <alerts () infosecnews org>]

http://www.ibtimes.co.uk/articles/494053/20130724/ftse-350-companies-fail-cyber-security-protection.htm

By Alistair Charlton
International Business Times
July 24, 2013

Published today, the report by KPMG accuses FTSE 350 companies of failing 
to keep their networks safe, and as a result the safety of Britain's 
economy and national security as a whole could also be under threat due to 
simple flaws in web security.

By simulating the initial steps a would-be hacker would take to gain 
access to a website, KPMG found all 350 companies guilty of 
unintentionally leaking data by leaving employee names, email addresses 
and sensitive internal file location information online - all of which 
could be used by hackers to potentially gain access to a company's website 
and servers.

Martin Jordan, head of cyber response at KPMG, said: "What our research 
has shown is that companies do not have full control of their web presence 
at a time when cyber security has been turned upside down.

"Hacking is no longer about a few hacktivists. Now, hacking has become 
automated on an industrial scale - often with state sponsored agencies 
behind it - and attackers are aiming for an increased competitive edge by 
stealing company secrets and IP [intellectual property], or purely seeking 
financial gain through fraud."

[...]



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