{"id":8598,"date":"2023-10-18T10:53:30","date_gmt":"2023-10-18T10:53:30","guid":{"rendered":"https:\/\/www.stacked.ie\/?p=8598"},"modified":"2023-10-18T12:57:19","modified_gmt":"2023-10-18T12:57:19","slug":"cyber-security-readiness","status":"publish","type":"post","link":"https:\/\/www.stacked.ie\/cyber-security-readiness\/","title":{"rendered":"Cyber Security Readiness – Don\u2019t Do Nothing!"},"content":{"rendered":"\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t

Cyber Security Readiness \u2013 Don\u2019t Do Nothing!<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t

Stephen Parsons of Viso Cyber Security talks to us about getting the basics right in terms of fostering a cyber-aware culture in your business.<\/strong><\/h4>

\u201cIn recent weeks, a high-profile cyberattack on the MGM Casino group captured headlines, causing considerable disruption and financial loss. While this may appear distant from the concerns of some, the reality is that businesses of all sizes are potential targets for cyber threats.”<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t
Stephen Parsons<\/h6>
Viso Cyber Security<\/h6>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t

\u00a0<\/p>

Stephen boasts over two decades of leadership in IT and Cyber Security, having held pivotal senior management roles across diverse sectors such as financial services, construction, healthcare, and distribution.\u00a0<\/p>

As CEO of VISO, he continues to provide unparalleled expertise and vision in Cyber Security.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t

“Currently, VISO Cyber Security is actively managing three cyber incidents for various Irish organisations. The objective behind these incidents is extortion, with the attackers tailoring their demands based on the victim’s financial capabilities.”<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t

Despite the substantial recovery costs, these incidents won’t make headlines.<\/h4>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t

Cybercrime often operates in the shadows, making it an appealing choice for criminal groups.\u00a0 The anonymity and global reach of the internet provides cybercriminals with a veil of invisibility, allowing them to target businesses with relative impunity. Law enforcement needs to work across borders in many cases \u2013 not something they are used to doing to a large degree.<\/p>

Furthermore, the potential for substantial financial gain without the risks associated with physical crime has made cybercrime an increasingly attractive venture for criminal organisations worldwide.<\/p>

We have seen some criminal groups specifically target invoice redirect, relying on multiple smaller invoices to fund their enterprise.\u00a0 Other groups focus on ransomware and are actively looking for big seven figure payments.\u00a0 Focused groups means we have focused attacks of varying sizes resulting in organisations of all sizes being targeted.<\/p>

Former FBI Director Robert S. Mueller aptly stated, “There are only two types of companies: Those that have been hacked and those that will be hacked.” This highlights the urgency of addressing cybersecurity.<\/p>

While cybersecurity can sometimes appear daunting, it’s essential to realise that it’s not solely the responsibility of the IT team. Business leaders must actively engage in understanding and mitigating risks.<\/p>

Cybersecurity, like any other facet of business, requires a combination of people, processes, and tools.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t

Understand the organisational cyber risk\u2026<\/h4>