[ISN] BAE Says Hack on Sony Helped Spur Interest in Cyber Security

From: InfoSec News <alerts_at_private>
Date: Fri, 15 Jul 2011 02:14:18 -0700 (MST)
http://www.bloomberg.com/news/2011-07-12/bae-says-hack-on-sony-has-helped-spur-interest-in-cyber-security.html

By Sabine Pirone
Bloomberg
July 12, 2011

BAE Systems Plc (BA/) said its division supplying security against 
computer hackers is attracting more potential clients after attacks on 
companies such as Sony Corp.

“We’ve seen a significant shift in the understanding of cyber threats 
within board rooms, particularly in the last six months,” Martin 
Sutherland, managing director at London-based BAE Systems’ Detica unit, 
said at a press briefing today.

An April attack on Sony’s data centers in San Diego, which was the 
second-largest online data breach in U.S. history, highlighted the 
vulnerability of commercial business. The attack compromised more than 
100 million customer accounts and will cost Sony an estimated 14 billion 
yen ($176 million) this fiscal year.

Detica expects a surge in revenue over the next couple of years, judging 
by the number of enquiries, said Technical Director Henry Harrison. 
Companies are realizing it’s not an issue that can be addressed by a 
firewall contract, rather one that “needs to be picked up at board 
level,” he said.

[...]


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Received on Fri Jul 15 2011 - 02:14:18 PDT

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