Wednesday Wisdom: Detect and Control Cyber Risks

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This week's Wednesday Wisdom, an interesting extract from one of PTI's technical papers, comes from Claudia Bosse, Scientific Researcher, and Martin Stamer, Scientific Researcher, Fraunhofer CML.

The technical paper 'Detect and Control Cyber Risks’ focuses on the vulnerable IT infrastructure of ports.

Security is this week's Wednesday Wisdom topic as Maersk is only just starting to recover from a massive cyber attack. Read the rest of this technical paper if you want to learn how to improve your security!

The Verizon Data Breach Report 2017 illustrates that the transportation sector still lies not in the focus of cyber attackers.

Of the more than 42,000 incidents of data breach reported only 63 took place in the transportation sector.

Nevertheless, experts assume that the growing connections of digital assets due to the development of the internet of things and maritime 4.0 solutions will enable more, easier and more effective cyber-attacks.

A global study among risk managers and risk experts rated cyber incidents as the third highest business risk worldwide for all sectors and are expected to become the highest business risk in the future.

In Europe cyber risks are rated as the second highest and in Germany as the highest business risk.

Now how do attackers find the way into digital assets despite existing security shields?

Three quarts of breaches were perpetrated by outsiders, regarding the Verizon Report.

Thereof, more than 60% were featured by hacking into the system, meaning more than 80% of the incidents use of stolen or weak passwords.

Another common way to avoid the installed security systems is the installation of malware via emails.

Check out last week's insight: Protecting Commerce Intelligently

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