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The latest CSIS report on the global cost of Cyber Crime has been released and it raises a number of interesting points. It attempts to look at the global issue of Cyber Crime and put a dollar impact on the total cost affect.
In a recent Legal Week article the authors consider how Cyber Risk regulation is set to become tighter in the near future with a greater responsibility placed on organisations to have measures in place to secure data and protect processes. In the article it points to research in the US that indicates relatively high levels of torpor in organisations that really should know better.
What do HMV, Burger King and leader of the BNP Nick Griffin all have in common? They all show how the power of Social Media is a double edged sword and can bring more bad publicity than good.
HMV sacked the person responsible for Social Media Marketing, but failed to take control of the accounts she ran and change her passwords, she went on to post her personal thoughts on the management after being laid off. Burger King’s twitter handle was hijacked and the rumours abounded that they had been acquired by McDonalds and Nick Griffin posted the address details of individuals who opposed his policies.