Network Security— It’s Everybody’s Business!

Some might think network security is a third world problem, and more developed countries have moved on, but the truth is that the vast majority of enterprise networks globally have yet to move on

As the week kicks off, we are greeted with yet another network security breach making headline news. The story comes from Bangladesh’s central bank, where hackers failed in their ‘e-heist’ to transfer $951 mn of funds, yet still managed to make off with a cool $81 mn, which they moved to the Philippines and then funneled towards Casinos there. A security investigation blamed the breach on lack of basic security infrastructure—no firewalls, and outdated second hand switches. That problem there seems pretty obvious, but is there more than that meets the eye? www.dqindia.com 49