Reacting to news that Symantec has uncovered a cyber espionage tool allegedly created by a foreign Government, and used for the past six years to spy on business and private targets, KPMG’s Stephen Bonner suggests that vigilance and cyber skills must be combined to protect UK organisations.
Bonner, a partner in KPMG’s Cyber Security practice, says: “Another day, another cyber espionage tool. The Regin malware seems to carry the fingerprints of a sophisticated cyber espionage operation, possibly by a nation state.
“Over time we are discovering more and more about the scale of these operations, as well as the growing variety of corporate information which seems to be targeted for espionage – in this case including hospitality and airline targets, as well as telecommunication backbones. Firms need to think carefully about how they protect their most sensitive information – their crown jewels– as well as being vigilant in detecting and being ready to respond to sophisticated attacks.”
Bonner’s comments come in the wake of research which revealed that nearly three quarters of businesses polled by KPMG admit new cyber challenges require new skills, with more than half also claiming they would consider hiring a reformed hacker to help them build the skills needed for robust cyber defence.
He adds: “The idea of turning to hackers is an alarming trend. You wouldn’t hire pickpockets to be security guards, so the fact that companies are considering making such an unwise choice shows how desperate they are.”
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KPMG Press Office
Mike Petrook, KPMG Press Office
T: +44 (0)20 7311 5271
M: +44 (0)7917 384 576
KPMG Press Office: 0207 694 8773
Notes to editors.
KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with over 12,000 partners and staff. The UK firm recorded a turnover of £1.8 billion in the year ended September 2012. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. We operate in 156 countries and have 152,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. KPMG International provides no client services.
This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.