View all newsletters
Receive our newsletter - data, insights and analysis delivered to you

Data security company slams Home Affairs Committee report for ‘ignoring evolving threat of cyber crime’

FireMon believes security measures need to develop as e-criminals become more sophisticated.

By Joe Curtis

A data security company has slammed the Home Affairs Committee for allegedly ignoring the evolving nature of security threats in its report on e-crime.

The committee published its findings today, stating that the UK is failing to win the war on online crime.

It said there appears to be a ‘black hole’ in which criminals can act with impunity, with fraud and other offences often not reported by banks which simply reimburse the customer.

And it recommended the UK establish an espionage response centre, which would allow companies, media, and institutions to report hacking attempts so that action can be taken.

"We are being too complacent about these e-wars because the victims are hidden in cyberspace," said Vaz. "The threat of a cyber attack to the UK is so serious it is marked as a higher threat than a nuclear attack."

Vaz noted that out of the 25 nations some of the hackers are operating from EU countries.

"If we don’t have a 21st century response to this 21st century crime, we will be letting those involved in these gangs off the hook," headded.

Content from our partners
Rethinking cloud: challenging assumptions, learning lessons
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business

But Ruby Khaira, UK, Northern Europe and India regional manager for data security firm FireMon, criticized the committee for not recognising the fact that cyber criminals constantly evolve to tackle security measures.

She said: "Today’s security landscape is fast-changing and organisations are failing to address the challenges that are being posed by sophisticated criminal enterprises.

"As organisations and their networks become ever more complex, it is enabling attacks to be launched from across the globe which are becoming more targeted and specific in nature.

"A number of measures have been outlined that would require investment at multiple tiers. What we will likely see is that cybercriminals will evolve the attack landscape to combat any measures being introduced, by either governments or companies.

"The report makes no mention of the fact that only by understanding the real time security posture, can organisations begin to analyse and identify security gaps and prioritise remediation against attack."

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.