Security Summit 2017: You must understand the threats you’re facing before spending money to counter them
Extortion, fraud, theft and unauthorised use of assets are how criminals profit from cyber crime
Nick Ioannou of Ratcliffe Groves Partnership says that small businesses’ agility can be a game changer in the war on cyber crime
Cyber security is just as important for SMEs as it is for multinational firms, but many small businesses think that they lack the budget for defences – making them low-hanging fruit for attackers. Strong protection doesn’t have to cost, though; it’s all about understanding the avenues of threat.
Nick Ioannou is the head of IT at Ratcliffe Groves Partnership: a small firm employing around 40 people, with 50 endpoints, but clients including Sainsbury’s, BAE Systems and Aldi. He told attendees of Computing’s Enterprise Security and Risk Management Summit that the first step in protection is to take a step back and ask: how do the criminals make money?
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