Page 46 - Cyber Warnings

They are effective at reminding the rest of the management team that cyber security is a
strategic matter, not an IT department matter.

The most successful companies of the future will be those who invest in cyber security systems
and in the right experts, both internal staff and external consultants and cyber security
specialists, who are able to effectively detect, analyse and resolve a vast plateau of international
cyber security threats in real time using cutting-edge systems.

Companies are increasingly making use of cutting-edge cyber security products and advice on a
managed security services basis, with the result being that this market is expected to be worth
$34 billion by 2021 according to Markets And Markets research.

The key to success will be the ability to proactively plan for attacks and detect them as they
occur.

Companies and government agencies need to be able to move from a “situation calm” status to
an “initial alert” status to an “attack defeated / matter resolved” status in a matter of seconds or
minutes (not hours, days or weeks) in today’s environment.

By catching an incident early, security teams can reduce the overall impact (costly fixes, threats
to human life and to property, disrupted business, reputational damage, stolen IP, financial
loss).

For governments, this approach will be vital when it comes to protecting their citizens – cyber
security is no longer a matter of protecting merely a few servers with some personal details, but
it is a matter of, quite often, life and death, and of national security, with critical pieces of
national infrastructure frequently being discreetly measured up and assessed by those who
would do us harm, such as energy grids, hospital networks, educational institutions, government
departments, water systems, gas/oil pipelines, air traffic control networks and nuclear facilities.

About The Author

David O’Reilly is a Managing Director at Hampton Court Capital, an award
winning international TMT (Technology, Media and Telecoms) Boutique
Investment Bank based in London, and a senior board advisor and non-
executive director to several charities, non-profit discussion forums and
privately owned TMT companies. He is head of the UK alumni chapter for
University College Dublin.

David can be reached online at [email protected]
and at his company website http://www.hamptoncourtcapital.com/.

46 Cyber Warnings E-Magazine – March 2017 Edition
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