"Last year, the insurance industry took in $2.5 billion in premiums on policies to protect companies from losses resulting from hacks.Lloyd’s, the British insurance company, is known for specializing in obscure risks. When civilians finally push off into space, they will likely be insured, along with the aircraft they travel in, by Lloyd’s. But one initially...
Congratulations to those graduating in 2015!
Our warmest congratulations to all the students graduating in 2015. The ceremony was held at our partner university, University Institute for International and European Studies, Tbilisi Teaching University Gorgasali.
Good luck with your future careers from the team at Apsley Business School, London.
How fast can your company recover from an Information Security breach?
Nowadays, it is clear that information security breaches are happening everywhere.
The importance of swift response and a clear policy for Information Security, prevention and responses was made clear again in the early hours of this morning. People were in uproar on social media.
Facebook, Tinder, Instagram all went down for about 40 minutes, with millions of people's personal information potentially being compromised, as well as inconveniencing Facebook's huge online footprint. A full summary of what happened can be found on the Verge's website
An online hactivist group, called The Lizard Squad hinted at claiming responsibility. The Lizard Squad also claimed responsibility for the Christmas hack of Sony Playstations, causing misery to millions of young consumers who were hoping to enjoy their brand new presents. Lizard Squad also claimed responsibility for hacking Malaysia Airline's website this week, and Tweeted support for IS.
Facebook later made a public statement that they had not been hacked by The Lizard Squad.
However you view the situation, it is incredible that an organisation with the scale and scope of Facebook was able to resume normal service after only 40 minutes. A spokesperson stated "We moved quickly to fix the problem, and services are back to 100% for everyone."
Would your company be able to get your online presence up again so swiftly? Would your company be able to analyse the situation, quantify the risk, and move forward so calmly?
Disclaimer: All images are copyright of the original publication and www.guardian.co.uk- Apsley Business School holds no responsibility for any claims nor information held on external sites.
Photo credits theladbible.com, BBC, The Verge.