Tuesday 18 October 2016

The Robots are coming - Fintech and Cyber Crime

Driving in to work this morning I heard a report that ransomewhere attacks were up significantly and that businesses in the City of London were a primary target.

Having recently attended an informative workshop that focused on this growing risk to businesses I thought that it might be useful to remind people some of the obvious (and less obvious) risks.

How many businesses have a robust disaster recovery plan in place ?

When was the last time that it was tested? The recent problems with SSP software house highlighted how dependent many businesses are on software solutions - many businesses struggled.  How would you have coped?

That said, my previous plan failed several years ago - I had an office and my house was 1/2 a mile away.  A local electrcity sub station was put out f action by vandals and we lost power at both premises.

During the July 2005 bombings in london one of our clients plans overlooked the fact that staff may not be able to get home in the event of a disaster.

Still happy that your plans stack up and are robust?

How many businesses keep their data backed up - off and on site?  What checks did you do regarding the supplier(s)  that you are using - how secure are they holding your data?

Anti virus software - keep it up to date

Passwords - don't leave them on a post it note on your PC - something that I recently came across when visiting a client recently.

Data encryption -  how secure is the content of your emails?  Just imagine how many people would get to see / read that post card that you send home from your last Holiday - the same applies to e-mails only this time read by robots....

PC screens - How many times have you been able to see the contents of a poorly positioned screen when walking by an office window?  Could someone read the contents of your screen(s) from outside?

As more and more businesses are looking to develop automated systems we are moving into a world where the Robots take over.

Something to think about......

If you would like a copy of our checklist of businesses drop me a line...ian@compliantsolutions.co.uk



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