Five Reasons To See 'Mirror Mirror'
Okay, I'll admit it, I was a skeptic when I walked into see "Mirror Mirror." As someone firmly standing in the "Snow White and the Huntsman" camp, I was convinced that "Mirror Mirror" was silly and unnecessary, no matter how much I love Tarsem Singh. Boy was I wrong. "Mirror Mirror" is actually a charming, [...]
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The UK has the most Internet-centric economy in the G20 group of industrialised nations according to research by the Boston Consulting Group released in March 2012. It estimates that the UK?s internet economy was worth ?121bn in 2010, more than ?2,000 per person. Couple this with the knowledge that approximately 20 threats per second are discovered on the Internet, and it?s not surprising that UK government lists cyber security as a ?Tier 1 Threat?, alongside terrorism. However, recognising the threat is slightly different from actually doing something about it.
Interestingly the UK and the US are seen as the safest places for Internet based business. This has resulted in several large corporations quietly reversing the recent trend to relocate business to the developing world to reduce costs. Ensuring security has become as important, if not more important, a business driver for governments as cost. When a country loses its AAA credit score for a ratings agency, it makes headlines. I predict it will not be long before similar importance is attached to measures such as the Booz Allen cyber hub index.
A significant difficulty in protecting critical national assets is that the Internet is primarily run by private companies or non-governmental organisations. That?s true even in the case of? critical national infrastructure such as utilities, which are vulnerable to attack via the Internet. Most of the infrastructure and services that underpin national digital infrastructures are run by private companies such as HP, Fujitsu, IBM, Verizon, BT and others. Even the key technologies employed to sit on top of the infrastructure are developed by private companies ranging from Google, to Microsoft, to Apple plus a raft of much smaller start-ups, some of whom you will never have heard. The level of investment produced by these companies dwarfs those made by governments.
For example, the UK?s National Cyber Security Programme is making available a total of GBP650 million (USD1.01 billion) over four years. This money is intended to be part of a programme whereby government works with businesses, as well as protecting governmental assets. But this money is lost when you think, for example, of cyber security company Symantec spending USD862 million in 2011 alone on research and development. Similarly, Microsoft spent USD8.7 billion in 2010 and Google USD3.7 billion. The disparity between individual government spend, and that they are used to procuring systems over many years rather than at the speed at which Internet technologies change, means that governments find it very difficult to engage with private businesses.
For example, you might imagine the all-out attack on Estonia in 2007 would have led to an aggressive response. Instead it led to the formation of the Co-operative Cyber Defence Centre of Excellence (CCD COE). The purpose of CCD COE is to understand the cyber threat as it develops and thence to prevent those attacks. This is an approach which has received the full backing of NATO. Meanwhile, the EU has created the European Network and Information Security Agency (ENISA) to act as a hub for the exchange of information, best practices and knowledge in the field of information security.
Regardless of style of approach one common theme has emerged: the key to effective defence against the rapidly evolving threat is shared intelligence. The studies conducted by Dr Rogoyski showed that what business wants most from government is Information Sharing and Awareness Raising. And, intelligence is one thing that governments do have.
In the UK, the private sector is not necessarily waiting for government direction. For example, a financial services virtual task force has been formed by several large banks. This task force co-operates with the Metropolitan Police and exchanges information on threats and attacks as rapidly as possible. This has proved to be a very effective approach and has led to a number of successful prosecutions. Another information exchange is being set up by Intellect and ADS, UK hi-tech trade associations.
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