Log4Shell is now seen as a critical vulnerability in the widely used logging tool Log4j, and it is causing concern beyond the cyber security community. The National Cyber Security Centre has reported that this is because Log4j, rather than being a single piece of software, is a software component that’s used by millions of computers worldwide running online services. This makes Log4Shell potentially the most severe computer vulnerability in years.
I’ve been reading an interesting article which puts forward the argument that, whilst cyber security was considered to be an IT problem, the risk of a cyber intrusion or a data breach, is now a top concern for many companies. And I agree, but then I would, as I am in the Cyber Security game.
According to an article in the Guardian, one in three small businesses in the UK are planning staff redundancies, with hundreds struggling to repay the debts they took on during the pandemic. These businesses are, according to this article, considering shedding 45% of their employees in the next 6 months. Moore UK, an accountancy firm, who commissioned the survey that the article is based on, warned that while predicted redundancies immediately after the furlough scheme ended, didn’t materialise, job cuts in the coming months were now likely. “Policymakers should be careful not to assume that the economy is back in rude health,” said chair Maureen Penfold, citing the new, tighter Covid-19 restrictions.
Whether you are a recruitment company, an estate agents, a transport company, manufacturing or any other type of business, and regardless of whether you’ve been forced into working from home by the pandemic, or perhaps even, which brings its own problems with it, your business is vulnerable to cyber threats.
In terms of cyber security, what do we mean by quantifying value at risk? Well simply put it’s all about defining the value of your information and assets, that may be at risk from exploitation by a cybercriminal, or indeed, by an inadvertent mistake from a member of staff, not to mention disgruntled staff members, although I’m sure your management style would ensure that no staff could possibly become disgruntled!