Thursday, August 27, 2015

Manage like a spymaster

UNTIL recently, for most businesses security was a question of buying decent locks, doors and windows, installing CCTV, making sure that reception staff sign visitors in and out, and trying not to leave confidential papers in the photocopier. But attacks on their computer systems, be they by business rivals, political activists, criminals or foreign governments, are much harder to defend against—and can have far worse consequences than a physical break-in. A company can suffer a devastating blow to its reputation, its intellectual property, or its ability to serve customers—not to mention its bank balances. It may never learn who has attacked it or why, or how much information has been taken; so it may never be sure if it has done enough to plug the leak.

Cyber-security is now burning a hole in boardroom tables. Before the recent hacking of Ashley Madison, an online broker of adulterous trysts, the most notorious example in the past year was that of Sony Pictures Entertainment, in which a torrent of embarrassing e-mails, personal information about employees and copies of unreleased films was released on the internet by unknown infiltrators. But...



from The Economist: Business http://ift.tt/1JA69ul

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