Most of the Irish Business are vulnerable to Cyber Attacks

A survey conducted by Magnet Networks discovered that most of the cyber attacks on Irish Businesses go undetected due to lack of awareness among the operating companies on Cyber Breaches.

Only 20% of respondents who participated in the survey said that they have suffered from cyber attacks in the past 2 years. On a further note, 16% of respondents were unsure of what’s happening in their company’s cyber landscape.

So, James Canty, a leading cybersecurity expert from Magnet Networks said that the true average figure for attacks might be marked at 43% as that many Irish businesses are unaware of sophisticated cyber threats- like email phishing attacks.

The Magnet Networks National Cyber Security Awareness survey is said to have been carried among 258 companies spreading across all sectors and regions. The objective behind the study was to create awareness among Irish Businesses on how could cyber threats ruin many of those who are cyber attacked.

Meanwhile, UK’s National Cyber Security Centre (NCSC) has put the blame on hostile foreign states for launching 1,167 sophisticated cyber attacks in the last two years, equivalent to 10 assaults a week.

In the NCSC’s second annual security report the CEO Ciaran Martin said that UK’s Critical Infrastructure is vulnerable to Category One attack- highlighting Russia as one of the states showing a lot of enthusiasm in attacking the west.

Note- Especially after the controversy of the poisoning of a former Russian spy Skripal on British soil, the relationship between Britain and Kremlin has soared. UK claims that GRU Intelligence was also behind the hack on the Organization for the Prohibition of Chemical Weapon’s Investigation into the incident in Hague.

Mr. Martin shared his insight on 5G network deployment by saying that telecommunications companies offering or tending to offer 5G telephone services should keep an eye on the supply chain, which may fall to a greater risk of hacking in coming days.

Naveen Goud
Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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