A recent article in Foreign Policy magazine is a wake up call for companies who are unaware of a cyberwar being waged right under their noses. According to the author Joel Brenner, a retired intelligence official from the U.S. National Security Agency, criminals, hackers and terrorist groups are using the internet to target a variety of industries including IT, financial services, defence and electronics. These attacks are launched for a variety of reasons including financial gain, IP theft, political disruption or merely just for kicks. Cyber risks are rising so managers will need to understand and accept this reality and better prepare their organizations for inevitable disruptions.
So far, cyberwar has claimed many victims, some public but many private. Most risks fall into two general areas: information & IP security threats and operational risks
via Financial Post, continued here.