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Fujitsu comment on Bitcoin funds hack

July 2017 by Rob Norris, VP Head of Enterprise & Cyber Security EMEIA at Fujitsu

As you might know, one of the world’s largest cyber-currency exchanges is under investigation after it believes that personal details of more than 30,000 of its customers were stolen. This high-profile cyber attack, in which hackers stole Bitcoin funds from Bithumb exchange traders, only highlights the importance of having the right crisis management tools in place, as no business is safe. Rob Norris, VP Head of Enterprise & Cyber Security EMEIA at Fujitsu, responded to the news:

“The number of high-profile cyber attacks happening is reaching an alarming rate, and news of data and security breaches are no longer new phenomenon for any business sector. It is important businesses across all sectors understand that a cyber-attack can come from anywhere – be it the company’s computers or mobile devices, employees’ own devices, IoT-connected machines, and many more. With the GDPR coming in force in less than a year, companies need to be aware of all the channels cyber criminals can use to infiltrate the company and steal data, and take proactive steps to safeguard their main asset – data.

“There must be a clear and well-rehearsed crisis management plan for an attack, no matter where the attack occurs in the business, addressing internal and external communication so that they are able to respond to threats openly and clearly. Recent research from Fujitsu revealed that only a third of financial services organisations said that they were “very confident” that security could be maintained in the event of an outage. As such, businesses need to ensure they are robust in their security to stay ahead of competitors and remain trusted in the eyes of the consumer.”


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