Why You Must Report A Cyber Attack

Cyber incidents can have dire consequences. The theft of private, financial, or other sensitive data and cyber attacks that damage computer systems can cause lasting harm to anyone engaged in personal or commercial online transactions. Such risks are increasingly faced by businesses, consumers, and every other Internet user. 

Once you’ve suffered a cyber attack, much of the damage has already been done. There’s no way to make the disruption disappear or to circumvent your data breach notification requirements.  Ignoring the attack or your regulatory obligations will only make things worse.

Under the General Data Protection Regulations (GDPR) EU organisations are required to notify their relevant supervisory authority within 72 hours of discovering certain types of data breach. Specifically, you must notify your supervisory authority if the incident “poses a risk to the rights and freedoms of natural living persons”.Additionally, you must notify affected individuals if the incident results in a “high risk”.

Before you contact anyone, you must identify whether the data breach meets that threshold. That might seem like even more work, but it can have significant short, and long-term benefits. For example, reporting an incident allows individuals to look out for suspicious activity, such as money disappearing from their bank accounts, and enables them to take steps to protect themselves.

Notification also helps other organisations prepare for similar attacks. Criminals often reuse successful techniques, whether it’s a particular scam method or a network vulnerability, and officially announcing this threat gives organisations time to address the issue. If all organisations do this, you will benefit massively in the long run.

This issue connects to a far bigger problem - that no one is truly aware of just how big the threat of cyber crime is. The number of reported incidents has surged in the past few years, but experts suspect there are still a vast number of unreported breaches.

If there was more transparency, organisations would realise how important it is to address cyber security. It would also make criminals’ jobs harder. As it is, cyber crime is practically a no-risk venture: whether you succeed or fail, you fly under the radar and almost certainly won’t face any consequences. Organisations might counter these points by noting that very few cyber criminals are identified even when cyber crime is reported.

A survey by the National Crime Agency found that only 38% of respondents are confident that law enforcement responds appropriately to cyber attacks.

This problem is made worse by the low level of conviction and the light punishment that convicted cyber criminals receive. Cyber security journalist Brian Krebs reports on the prosecution of cyber criminals and, commenting on one case, “Courts around the world continue to send a clear message that young men essentially can do whatever they like when it comes to DDoS attacks and that there will be no serious consequences as a result. ...if we don’t have the stomach to put these “talented young hackers” in jail when they’re ultimately found guilty, perhaps we should consider harnessing their skills in less draconian but still meaningfully punitive ways.. such as requiring them to serve several years participating in programs designed to keep other kids from follow.”

Breached organisations aren’t the only ones that need reconsider the value of identifying and responding to cyber attacks. It requires a coordinated effort from everybody involved to appreciate the magnitude of the problem and how to reduce it. Cyber crime continues to rise in scale and complexity, affecting essential services, businesses and private individuals alike. It costs the UK billions of pounds, causes untold damage, and threatens national security. 

Organisations’ responses should include a detailed breach notification procedure, but it’s just as important to fortify defences and mitigate the threat of attacks.

DHS:     NCA:    NCSC:      IT Governance:      IT Governance:     Digital Social Care:   

University of Michigan:     Brian Krebs:

You Might Also Read: 

US Cyber Security Chiefs Support Mandatory Incident Reporting:

 

« NCSC Cyber Security Breaches Survey 2022
Data Protection Must Be a Part of Every Cyber Security Strategy »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

Perimeter 81 / How to Select the Right ZTNA Solution

Perimeter 81 / How to Select the Right ZTNA Solution

Gartner insights into How to Select the Right ZTNA offering. Download this FREE report for a limited time only.

NordLayer

NordLayer

NordLayer is an adaptive network access security solution for modern businesses — from the world’s most trusted cybersecurity brand, Nord Security. 

CSI Consulting Services

CSI Consulting Services

Get Advice From The Experts: * Training * Penetration Testing * Data Governance * GDPR Compliance. Connecting you to the best in the business.

Jooble

Jooble

Jooble is a job search aggregator operating in 71 countries worldwide. We simplify the job search process by displaying active job ads from major job boards and career sites across the internet.

LockLizard

LockLizard

Locklizard provides PDF DRM software that protects PDF documents from unauthorized access and misuse. Share and sell documents securely - prevent document leakage, sharing and piracy.

Assure Technical

Assure Technical

Assure Technical offers a holistic approach to Technical Security. Our expertise and services span across the Physical, Cyber and Counter Surveillance domains.

Hack Miami

Hack Miami

HackMiami is the premier resource in South Florida for highly skilled hackers that specialize in vulnerability analysis, penetration testing, digital forensics, and all manner of IT security.

Threatpost

Threatpost

Threatpost, is an independent news site which is a leading source of information about IT and business security.

Cortado Mobile Solutions

Cortado Mobile Solutions

Cortado Mobile Solutions is the manufacturer of the mobile device management solution Cortado MDM.

Intland Software

Intland Software

Intland offer an integrated Application Lifecycle Management platform that offers all-round Requirements, Development, and Testing & Quality Assurance functionality.

Quality Professionals (Q-Pros)

Quality Professionals (Q-Pros)

QPros are a recognized leader in providing full-cycle software quality assurance and application testing services.

Beachhead Solutions

Beachhead Solutions

Beachhead's SimplySecure is a configurable, web-based management tool allowing you to remotely secure vulnerable mobile devices in your organization.

IDpendant

IDpendant

IDpendant offers a wide range of services, including authentication technology, client security products, single sign on systems, encryption solutions, card and mobile device management systems.

Windscribe

Windscribe

Windscribe is a Virtual Private Network services provider offering secure encrypted access to the internet.

NANDoff Data Recovery

NANDoff Data Recovery

NANDoff is a flat rate data recovery service. We serve the electronics industry around the globe 24/7.

Softwerx

Softwerx

Softwerx is the UK’s leading Microsoft cloud security practice. We’ve been helping forward-thinking companies better secure their businesses for nearly twenty years.

Catalogic Software

Catalogic Software

Catalogic helps clients backup, recover, manage, and protect their data across their enterprise and cloud environments with Smart Data Protection solutions.

ManageEngine

ManageEngine

As the IT management division of Zoho Corporation, ManageEngine prioritizes flexible solutions that work for all businesses, regardless of size or budget.

Arelion

Arelion

Arelion is a leading light in global connectivity and we've been keeping the world connected for nearly three decades.

Kodem Security

Kodem Security

Our mission is to make AppSec simple. Meet the world’s first dynamic software composition analysis platform. Only Kodem uses runtime intelligence to determine application risk.

Sequentur

Sequentur

Sequentur is an award-winning Managed IT Services company. We are SOC 2 certified and provide Managed IT Services and Cybersecurity services to businesses nationwide.