A number of last week’s media headlines seemed to follow a common thread – companies joining forces in the fight against cyber crime. Hackers have long been working together to infiltrate target companies so it makes perfect sense that, in a bid to fight back, corporations take the same approach.
The most recent call to action came from NATO, which called for improved collaboration when it spoke about its own struggle against cyber crime. NATO faced a staggering 2,500 attempted security breaches in 2012, although it did only consider around ten attacks per month serious enough to mention. We can only presume that NATO’s IT infrastructure has all the fortifications money can buy, but it should still consider itself pretty lucky that none of these attacks have been successful. The ramifications of a successful hack for an organization like NATO would be disastrous. It’s perhaps no wonder it’s calling for better information sharing and pre-emptive action.
NATO isn’t the only one which has been calling for collective effort. BskyB also announced plans to share intelligence with law enforcement agencies and even some of its competitors. Similarly, the FBI and Microsoft joined forces to take down the Citadel Botnet, which is thought to have exfiltrated $500m from bank accounts. New allegiances like these recognize that knowledge is power – even if it that does means working alongside competitors for the greater good.
Today’s cyber criminals take time to gather and share intelligence before singling out specific targets, leaving lone organizations – even those with the might and resources of NATO – struggling to fight back. If organizations are to stand a fighting chance, they must start working more closely, sharing information about the attacks they’ve been subjected to, so everyone can learn from each others’ experiences.
none | Uncategorized