We’ve heard a lot about cyberattacks lately, with news about incidents travelling far, wide and fast. That’s hardly remarkable, given that attacks can cause highly sensitive information to become public, personal information can be stolen and entire companies can be shut down whilst cybercriminals wait for a ransom to be paid. In short, the economic and social impact is high. Recently, NotPetya dominated the news with both the Maersk terminal in the Port of Rotterdam and TNT post being hit. Using both online and offline media monitoring we found that there were more than six thousands articles and posts about the virus in just the first few days of the attack.
Whilst businesses and individuals debate the cost and implications of the British public’s vote to Brexit, the cybersecurity community is similarly mulling over its consequences on the sharing of cyber-breach information internationally and what it will mean for cross-border data access.
The major issues we have to face is the General Data Protection Regulation (GDPR); the forfeiture of threat intelligence collaboration with Europe; the potential increasing cost of security (because of the falling value of the pound); and the loss of access to European technical expertise.