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Increase of Network Intrusions Force Companies To Call for Stronger Cyber Security

By University Alliance on March 04, 2013

An increasing number of cyber attacks on both private and government enterprises is leading to a call for more stringent cyber security measures and an increase in the number of people with cyber security training. Attacks have become so frequent companies have begun to share best practices to combat cyber threats.

The New York Times demonstrated this new level of cooperation after a recent cyber attack. The Times hired an expert cyber security company – Mandiant – to track down hackers, who turned out to be based in China. The Times then decided to share the information on how they managed to stop the attack.

The Times were just one of many companies hit by a cyber attack recently, a list that includes Twitter, Facebook and theWall Street Journal, according to MacWorld.  Apple recently reported an attack that also apparently originated in China. According to USA Today, the Federal Reserve also reported that hackers – the group Anonymous later took credit – hacked into the reserve’s files and managed to get private contact information for thousands of bank employees.

Experts within the cyber security industry hope the New York Times’ actions will lead to more sharing of cyber attack defenses, allowing best practices to become common at all organizations targeted by computer hackers.

Such sharing of information – as well as the training of more personnel to handle cyber crime – might be valuable keys to combating cyber attacks. Gunter Ollmann, chief technology officer at security consulting company IOActive, told USA Today that companies finally being honest about cyber attacks is also a step in the right direction.

“It’s like being at an Alcoholics Anonymous - first you have to acknowledge you have a problem,” said Ollmann.

The U.S. Bureau of Labor Statistics (BLS) projects there will be a 22% growth in the fields of information security analyst, web developer and computer network architect by 2020. Universities and colleges now offer cyber security degree and certificate programs in both online and traditional on-campus settings.

The median wage for such jobs remains strong – about $75,660 in May 2010, according to the BLS.

Category: 2013 Headlines