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Canadian Security: Three Areas of Security Concerns Related to Cybercrime

August 6, 2019

Hikvision HikWire blog article three cybercrime risks

Hikvision on Cybercrime Growth, Increase in Security Concerns

 

The Canadian Security magazine article, “Partners against crime: The cybersecurity mindset,” outlines three areas of security concerns related to cybercrime.

From the article: “In the event of a [security] breach, it’s time to execute your incidence response plan. You will want to control the narrative and get the correct message out in your initial media statement. You will need to notify your board, your staff and your customers. Regulatory compliance will require you to advise regulators and credit reporting. PIPEDA [the Canadian Personal Information Protection and Electronic Documents Act] will require mandatory reporting to the office of the privacy commissioner, notifying your customers and also retaining logs/records of the breach.”

The three cybercrime areas to consider include:

  1. System susceptibility: Covers the value of the target (according to hackers) and its potential vulnerability.
     
  2. Threat accessibility: This includes whether your systems and data are physically and/or logically accessible, if you’ve implemented strategies such as defense in depth, etc.
     
  3. Threat capability: The author identifies this as the arena most outside of your control and adds, “what are the tools, techniques and overall capabilities being used by those who are targeting you or your organization?”

To read more from the article, click here.

For other cybercrime insights, check out this Hikvision article, “Accenture Report Finds Cybercrime Could Cost Up to $5.2T in Five Years, Increase Security Concerns.”

IMPORTANT! This model requires non-standard firmware. Do Not Install standard firmware (e.g. v.4.1.xx) on this model. Doing so will permanently damage your system. You must use custom firmware v.4.1.25 from the iDS-9632NXI-I8/16S product page.

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