Cyberspace - Industry and the Cyber Armoury

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In this, the second in Pitmans’ industry briefing papers following on from A Call to Economic Arms (http://bit.ly/e4ALOJ), we examine the issues posed by the emergence of Cyberspace as an increasing threat to national security, business activity and personal property. The largely positive transformation in the delivery of public services, commercial activity and personal communications enabled by the internet has however been mirrored by the emergence of cyber attacks on nation states’ critical national services and infrastructure; attacks on business to defraud and steal intellectual property and criminal activity targeted at individual users. The threat from Cyberspace is now acknowledged by Government as one of the UK’s top four risks identified within the National Security Strategy. What action is the UK Government taking? How can industry assist Government to protect our public services and critical infrastructure? What effective measures can business take to safeguard itself and its employees against the threats?

Introduction

There has been much exposure given to the cyberspace domain recently in the news and press. It attracts extensive attention from the Government, at all levels. The Foreign Secretary, William Hague, in his recent speech to the Munich Security Conference noted both the geo-political threats from cyberspace as a ‘new means of repression, enabling undemocratic governments to violate the human rights of their citizens’ as well as the staggering threat to businesses and individuals from cyber crime - ‘over 40,000 pieces of sensitive information and financial data are traded on the online black market every day, amounting to 13.2 million criminal transactions every year’.

Read More: http://bit.ly/e4ALOJ

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Published In: Business Organization Updates, Military Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Richard Milner | Attorney Advertising

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