Monday, July 23, 2007

ARC Raises Awareness of Cybercrime

Businesses, especially in the banking sector, have publicly expressed frustration that no one appears to have taken over the duties of the UK's former cybercrime fighting squad, the National High Tech Crime Unit (NHTCU), which was absorbed last year into the Serious and Organised Crime Agency.

Now IT leaders have called for the re-establishment of the NHTCU. "A lot of trust was built up between large businesses and the NHTCU, and that took a lot of time to develop," says Ollie Ross, head of research at the Corporate IT Forum. "Just when that structure seemed to have reached fruition, it was taken away and nothing has filled its place. There is no reporting mechanism now." Businesses say they feel marooned and angry at what they perceive as a lack of interest from the police.

Last year, 84% of large companies surveyed by researchers for accountancy firm PricewaterhouseCoopers that they had suffered a malicious attack on their computers between 2004 and 2006. According to the report, the average loss for businesses was between £65,000 and £130,000, with the largest companies reporting losses of around £1m. Click on the following link for the full report:

http://www.securityoracle.com/news/detail.html?id=12427

ARC is pleased to announce the IT Security and Incident Response Course, 9-10 October, which is intended for those who are involved in the detection and investigation of internal crimes using IT systems. Delivered by Ed Wilding, a nationally recognised expert in this field and author of the book "Information Risk and Security", the course will be of great benefit to general security managers, and no specific IT knowledge is required.