15 September 2011

Cyber security lacks engagement | #wallstreet #cybercrime #infosec

Editor's note - Still amazed that the financial industry is still largely taking a "head in the sand" approach to infosec.  I guess as long as those losses are covered by insurance then there is little need to act.

Cyber security should feature among the top three board-level concerns, according to a new report from Chatham House, with policy coming under the umbrella of traditional security arrangements and board directors involved in scenario-based training for cyber attacks.

The think tank identified only one example of an outstanding cyber security messaging strategy within the UK financial services sector, while at the other end of the spectrum the directors of one large insurance company admitted they had no idea how they should manage or mitigate a cyber attack.

Read full article: http://bit.ly/pwGJMG

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