Tuesday, March 11, 2008

Cyber Security Becomes a Corporate Governance Issue

Delegates attending the recent Security Management Stage 2 Course in Kuala Lumpur to part in a discussion led by tutor David Cresswell about the increasing exposure of corporate IT systems - especially SCADA systems controlling critical processes - to cyber attack from sophisticated criminal and terrorist networks.

The continued and growing reliance on networked operations, wireless systems and the globalization of information technology make private sector susceptibility to a cyber attack a material concern for the corporate sector, especially those elements which make up a nation’s critical national infrastructure (CNI). This is a concern so important that it now squarely falls within the duty of care that directors and officers owe their shareholders. They can no longer simply hide behind the "techies."

In the US, Department of Homeland Security Secretary Michael Chertoff has stated that cyber-security would be one of his department's principal focuses in 2008. Along with Homeland Security, the Director of National Intelligence and the US Overseas Security Advisory Council have labelled cyber-security one of the most pressing security concerns for 2008. For more information click here.

The next Security Management Stage 2 Course takes place in the UK, 30 June – 11 July.

A new ARC Training Course, Protecting Critical Infrastructure, will take a more detailed look at CNI vulnerability to cyber attacks from organised adversaries. The course takes place in the UK from 14-18 July.

For more information click here.