Cyber security is now a big problem for businesses across the world as cyber criminals find increasingly sophisticated ways of stealing information from businesses.
With information now stored on a whole host of devices, it is more challenging than ever before to keep data secure, especially among workers who are unfamiliar with using the technology.
In order to tackle the threat of data crime, businesses need to unite to improve their understanding of how hackers work and learn methods to stop them from stealing vital information.
How is the Middle East trying to improve data security?
Specialists in the Middle East in particular are now working hard in order to improve how it manages data ahead of Dubai’s Expo 2020. The United Arab Emirates (UAE) is now increasing its security and calling on British experts with experience of handling major events such as the Olympics.
The UK Trade and Investment’s Defence and Security Organisation brought businesses to Intersec, a three-day security and safety fire protection expo in Dubai in order to teach professionals how data security should be handled.
Simon Everest, a senior adviser at the UK Trade and Investment’s Defence and Security Organisation, said: “There is talk about establishing a large rail network in the UAE [between Abu Dhabi and Dubai] which, security-wise, will always require cyber security.
“There are big opportunities [for British businesses] in the Gulf, and this week will be a key time for these companies.”
The UK has a wealth of experience in the cyber security field ranging from the 2012 London Olympics to the Commonwealth Games over the last 30 years. The country’s knowledge of how to tackle data threats should help to defend Dubai from hackers.
Richard Freeman, a police and security adviser at the organisation, explained that there will be training provided throughout the Middle East, along with consultancy to ensure the country can manage major events without significant breaches.
What are the barriers to improved data security?
Data security has proven to be a challenge across the industry, with many high-profile organisations suffering substantial breaches.
Such is the growth of data in recent years, businesses need to adapt to the market and make sure all their information is properly protected. This means introducing strict data rules and guaranteeing all files and folders are password-protected.
Data theft can have severe consequences on businesses. Not only will companies have to deal with reputational damage and a potential loss of customers, they will also need to identify how to upskill their workers and ensure the issues do not happen again.
One of the biggest new threats to online security is spear-phishing, which is when an email with a malicious code is delivered to an individual. The process is the top choice of attack by hackers who are targeting government agencies to carry out espionage, according to Verizon’s Data Breach Investigations Report.
The study found that cyber espionage attacks on government computers across the world more than quadrupled from 120 in 2012 to 511 in 2013.
The IP-enablement of physical devices is a popular trend in the private and public sector. It is designed to boost efficiency and create savings for operational costs. These devices are used to access buildings and control air conditioning, but the threat from hackers still remains.
Due to the breakthroughs in the technology, dangers are no longer restricted to data and companies must make sure they are aware of the latest methods used by cyber criminals.