Web Summit: TalkTalk hack ‘tip of a tiny iceberg’

November 5, 2015

Experts says companies need to pay more attention to cybersecurity as threat grows

A panel of cybersecurity experts at Wednesday’s Web Summit warned that recent hacker attacks such as those of Ashley Madison and TalkTalk are “the tip of a teeny, tiny iceberg” and that the cyber equivalent of 9/11 could happen and is “a very real danger”.

However, Chereshnev was not implying that this was a trivial attack. He said that anyone with a relatively high IQ can find guidebooks out there on the web that act as a colour-by-numbers guide to hacking into various security systems.

“It’s getting to be a bigger and bigger threat landscape out there,” said Rami Essaid, co-founder and chief executive of bot-blocking service Distil Networks.

“It’s one company versus an infinite amount of expert knowledge and hackers. Security must be part of a company’s core infrastructure because we [security firms] alone aren’t enough to stop all threats out there.”

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