Information is the new currency. Is your data adequately protected?
20.05.12
Towards the latter part of the 20th century, computers began to emerge as a powerful force to be reckoned with, and as the 21st century continues it has become increasingly clear that information has become the new currency and data can be regarded as a measure of wealth in todayâs world.
With the increased value of data there is a corresponding increase in the type of crime we experience as people, organisations and countries vie for power. In the middle ages the power belonged to those who conquered other lands, expanding their empires.
When industry came to the fore, stealing ideas was the criminalâs way of getting ahead, and those who had the best ideas first were the most powerful and profitable. Today, however, empires are built on information, and the biggest losses experienced by organisations and even governments revolve around data theft and data loss.
The reality is that criminals will always exploit vulnerabilities in order to make money, and companiesâ with vulnerabilities within their data security are the latest victims.
Source: IT News Africa