The Truth of the Threats, Vulnerabilities and the Resolution of Cyber Security

”If you think your organization is not going to be hacked, you will be hacked! The best education you can get is getting your companies hacked once and then you will realize, budgets that were previously not available will become available and time was not there will be found” EC Council President Jay Bevis…

The truth of the matter is simple. We are in denial. We use the term ‘We will deal with the situation, when it happens’ Is that enough? I tell you not!! Cybercriminals are out there seeking to steal your information, commit Fraud, disrupt, degrade and deny access to information systems, these cyber intruders are Dangerous and Manipulative they are out there causing financial, operation and reputational harm right now under your eyes without you even knowing!

If someone said to you last year hackers are able to steal up to 45 million in 2days… You would say… Impossible? Nothing is impossible, we were taking by complete astonish and anger when on December 12, 2012, and February 19, 2013, an international team of hackers and thieves stole a collective $45 million from more than 5,000 ATMs across the world. Eight suspects were charged in connection with the crimes on May 9… how was this ”hacking done’. Mask involved? Weapons… answer… No… A hacking plan… at the tip of their fingers and a few keyboards… Was this the wakeup call our Society needed, that technology is becoming so advance, that it’s making it easier for these cyber criminals to perform such acts and that cyber security education providers needs to be put in place into your banks!

IT Security is vital! The World’s largest vendor Neutral cyber security education provider EC Council focus highly on the threats of breaches on cyber security to organizations. The president of the Council states ‘”A country deals with cyber threats by dealing with offensive capabilities by creating cyber armies – the entire concept of having a cyber-command will become a clear interface in the war systems of governments.”. The EC-Council’s flagship course Certified Ethical Hacker, CEH set the standard for what the world has come to expect from ethical hacking IT Security courses, becoming one of the most highest and demand in the world for organization’s to have, as well this they provide Information Security, Network Security, Computer Security and Internet Security Certification and Training. So the Solution is BE PREPARED & STEP UP on your education get your IT SECURITY. To think like a hacker… Educate! Is this not an indication for all the CEO of the banks and organisations to have their employees trained as a CEH? Surely this should be made mandatory?!

Cyber threats are a major factor highlighting banks, it is continuing to grow and becoming more sophisticated in Australia, In March, Reserve Bank of Australia confirmed its computer networks had been repeatedly hacked in a series of cyber-attacks to infiltrate sensitive internal information, including by Chinese developed malicious software – or malware, Hackers penetrated computers at the Reserve Bank in an email scam targeting employees in an incident in November 2011 but details only emerged this year. A criminal syndicate had access to 500,000 credit cards and had already spent $30 million on 30,000 of them in transactions in Hong Kong, Europe, Australia and the US. Australian banks are facing new and ongoing security threats, this is combing with destructive hacking! Why do we not hear about the ongoing events and scandals in the media, what is the government in Australia doing about it? Pushing it under the carpet.. As if nothing is happening? Is people’s identity, data files and money not important here? I thought Customer Protection and care within a bank was number 1 priority? Another valid point that CEOS should take on board vital security training is a MUST here!

How many of you have a contactless credit and debit cards containing a chip, so that when the card is held next to a reader,a payment is made without need of a pin,. Something simple like going to your local Food Works shop to purchase a loaf and pint of milk? Would you think of fraud? Hacking? Card readers that are now being built in as standard to mobile phones can be adapted to access data from these cards!..Anyone can have your data!! Thomas Cannon of Via Forensics done a reconstructive test: “All I did was I tap my phone over your wallet and using the wireless reader on the phone I was able to lift out the details from your card, that includes the long card number, the expiry date and your name. None of it was encrypted, it was simply a case of the details coming out through the air. “This was with A Barclays Bank, Which has a maximum of 13 million customers who currently use them… Though what other Banks and systems are accessible. I’m sure cyber intruders are planning their next intrusion with android apps which are getting more advance each day!

Let’s face it… we are living in the 21ST Century, technology is rising, with the big tech companies such as Facebook, Microsoft, Apple, the New York Times, NBC and its affiliate websites already being ‘victims’ to the cyber-attacks and hacking scandals within this year! Banks and finance are one of the main sectors Cybercriminals are always going to attack. Why? Money? Did you know At least $15 million was stolen via online infiltration of 15 financial companies — including JPMorgan Chase, Citigroup, E*TRADE, PayPal, TIAA-CREF, and TD Ameritrade — overly a nearly two-year period. The perpetrators of the scheme were a group of hackers and identity thieves led by two Ukrainian nationals, according to authorities stated by the LA Times. This is an indication how powerful banking, and hacking has become.

The Resolutions is simple we can never spot a hacker out, we can’t point to one random guy in the street… the answer is we can prevent our Banks to have the highest quality IT security system input. Most CEO Use the excuse ‘We can’t afford to send our employees on these training courses’. Though reality is… When you do get hacked which you will! How are you can afford to compensate your loss? Where’s your budget then? Answer That?

Let’s think professionally and smart. Education is key to success.. And the fact and point of my article Get Professional IT Security before it’s too late! SIMPLE.