A recent news article titled 'US report warns on China IP theft' by the BBC read, "The theft of cunning property from the US is "unprecedented" and costing the nation an estimated $300bn (200bn) each year ". As per the official website of Federal Bureau of Investigation (FBI), IP theft is a growing threat especially with the rise of Internet file sharing networks. Preventing cunning property theft is among the summit priorities of the FBI's cyber program. Although these statistics point to the IP theft in US, all country has its own set of such thefts.
Data breaches are new episodes, these days. The primary motto behind these breaches is always perceived to be money, but often it is about Intellectual Property Theft. This might not sound so gruesome as you just read it. But imagine a cyber-criminal breaking into a biochemistry research lab, closing in on the cure for an ailment, hacking the system and selling the illegally obtained data to the highest bidder in the black market. The pharmaceutical firm might have spend years of time and millions of monetary resources to locate the much coveted cure. But within a matter a few hours, someone who has done nothing in relation to this new cure, owns it. This is just a single example, such similar crucial and sensitive data exists in all organisation, which if stolen can bot only be loss but also lead to dangerous situations.
Organisations, government agencies and other critical infrastructure operators all face the obvious challenge of protecting their intelligent property from increasingly sophisticated cyber attacks, including advanced persistent threats. Security experts and policy makers have already predicted increasing levels of vulnerability for IP due to advanced threats identified over the past years, such as Stuxnet, Flame and Shamoon.
It is not that organisations are not giving required attention to Intellectual property safety and theft. But more organisations need to become aware of this new menace that may lead to gruesome scenarios. Often the episodes we see in the media chat about enterprise level businesses, but what about little and medium sized organisations? For such organisations it is even more difficult to maintain IP securely.
Experts in this domain recommend few practices that will help organisations keep confidential documents safe, which include:
Restrict confidential data from being printed or emailed
Avoid snapshots of the confidential data
Track emails sent and received
Restrict desktop sharing and control sharing over IMs
Get your staff, customers, and others involved to sign a non-disclosure agreement
Use comprehensive security solutions
As the saying goes, 'precaution is better than cure', it's always good to be prepared for such attacks, rather than presuming that my organisational data isn't of any importance to attackers. The 'it-will-not-happen-to me' syndrome is common among SMEs (Small and Medium Enterprises), and this becomes a major cause for IP theft in SMEs. Being alert and on guard with an efficient security solution, acting at network gateway level could prove highly helpful for fighting the ever growing menace of threats and thefts.
Considering an ideal security answer that works at the gateway level preventing data leakage, Cyberoam emerges as a comprehensive and effective solution. Cyberoam's data leakage prevention solution offers Layer 8 Identity-based policies based upon username and work requirement to help guard sensitive corporate data, keep customer data privacy and meet regulatory compliance and security requirements while retaining work flexibility. Cyberoam UTM offers gateway data leakage prevention controlling data transfer over email, web mail, file upload and file transfer applications.
Data breaches are new episodes, these days. The primary motto behind these breaches is always perceived to be money, but often it is about Intellectual Property Theft. This might not sound so gruesome as you just read it. But imagine a cyber-criminal breaking into a biochemistry research lab, closing in on the cure for an ailment, hacking the system and selling the illegally obtained data to the highest bidder in the black market. The pharmaceutical firm might have spend years of time and millions of monetary resources to locate the much coveted cure. But within a matter a few hours, someone who has done nothing in relation to this new cure, owns it. This is just a single example, such similar crucial and sensitive data exists in all organisation, which if stolen can bot only be loss but also lead to dangerous situations.
Organisations, government agencies and other critical infrastructure operators all face the obvious challenge of protecting their intelligent property from increasingly sophisticated cyber attacks, including advanced persistent threats. Security experts and policy makers have already predicted increasing levels of vulnerability for IP due to advanced threats identified over the past years, such as Stuxnet, Flame and Shamoon.
It is not that organisations are not giving required attention to Intellectual property safety and theft. But more organisations need to become aware of this new menace that may lead to gruesome scenarios. Often the episodes we see in the media chat about enterprise level businesses, but what about little and medium sized organisations? For such organisations it is even more difficult to maintain IP securely.
Experts in this domain recommend few practices that will help organisations keep confidential documents safe, which include:
Restrict confidential data from being printed or emailed
Avoid snapshots of the confidential data
Track emails sent and received
Restrict desktop sharing and control sharing over IMs
Get your staff, customers, and others involved to sign a non-disclosure agreement
Use comprehensive security solutions
As the saying goes, 'precaution is better than cure', it's always good to be prepared for such attacks, rather than presuming that my organisational data isn't of any importance to attackers. The 'it-will-not-happen-to me' syndrome is common among SMEs (Small and Medium Enterprises), and this becomes a major cause for IP theft in SMEs. Being alert and on guard with an efficient security solution, acting at network gateway level could prove highly helpful for fighting the ever growing menace of threats and thefts.
Considering an ideal security answer that works at the gateway level preventing data leakage, Cyberoam emerges as a comprehensive and effective solution. Cyberoam's data leakage prevention solution offers Layer 8 Identity-based policies based upon username and work requirement to help guard sensitive corporate data, keep customer data privacy and meet regulatory compliance and security requirements while retaining work flexibility. Cyberoam UTM offers gateway data leakage prevention controlling data transfer over email, web mail, file upload and file transfer applications.
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