CyberSECURITY

Cyber security is important because it encompasses everything that pertains to protecting our sensitive data, personally identifiable information (PII), protected health information (PHI), personal information, intellectual property, data, and governmental and industry information systems from theft and damage attempted by criminals and adversaries.

Cyber security risk is increasing, driven by global connectivity and usage of cloud services, like a number of Web Services, to store sensitive data and personal information. Widespread poor configuration of cloud services paired with increasingly sophisticated cyber criminals means the risk that your organization suffers from a successful cyber attack or data breach is on the rise.

When most people hear the words cybersecurity, what do they think of? They may think of a hacker trying to get into an individual’s bank account, a company or organization’s computers being rendered unusable by ransomware, or they may think of an IT department at a bank trying to keep personal information safe from people who would steal it and then sell it on the dark web. There is more.

Cybersecurity is a topic that is not well known to most people, but it has already become a glaring personal and national security issue. In this compiled article about CyberSECURITY and the subsequent sections, we try to explain and cover why cybersecurity is important, what cybersecurity is, the risks that nations, business, and individuals face because of cybersecurity issues, and what the future may hold for the industry.

Because of the massive increase in hacks and hacking attempts, cybersecurity has become an unavoidable topic of discussion in the past several years. Events that occur in the cybersecurity industry can and often do have global consequences and the possibility of catastrophic results.

It now seems that monthly, or sometimes even weekly, there is a segment in the news dedicated to discussing the results of a data breach at a major company, or a notice that hackers have captured a local computer network and are holding it hostage in exchange for vast sums of money (also called ransomware.)

Depending on the people doing the hacking, their goals and targets could be as simple as stealing personal information from people using public Wi-Fi, or they could be more devastating such as shutting down a city or country’s power grid to cause mass panic among the public.

Now that we have covered what makes cybersecurity such an important part of today’s digital world, we can take a deeper look into what cybersecurity is, the risks that nations, businesses, and individuals face because of cyber issues, and what the future may hold for the cybersecurity industry. Let’s start by diving in deeper into what cybersecurity is.

A data-driven organisation will be able to generate new knowledge and validate (or dispute) old knowledge. Machine learning can quantify relationships in the data for us, thereby enabling us to level-up our understanding of our operations.

In today’s connected world, everyone benefits from advanced cyberdefense programs. At an individual level, a Cyber security attack can result in everything from identity theft, to extortion attempts, to the loss of important data like family photos. Everyone relies on critical infrastructure like power plants, train infrastructures, water supplies, communication infrastructures, hospitals, and financial service companies. Securing these and other organizations is essential to keeping our society functioning.

Gone are the days of simple firewalls and antivirus software being your sole security measures. Business leaders can no longer leave information security to Cyber security professionals.

Cyber threats can come from any level of your organization. You must educate your staff about simple social engineering scams like phishing and more sophisticated Cyber security attacks like ransomware or other malware designed to steal intellectual property or personal data.

GDPR and other laws mean that Cyber security is no longer something businesses of any size can ignore. Security incidents regularly affect businesses of all sizes and often make the front page causing irreversible reputational damage to the companies involved.

If you are not yet worried about Cyber security, you should be.

The fact is that cyberattacks can be extremely expensive for businesses to endure. Recent statistics have suggested that the average cost of a data breach at a larger firm is EUR 50.000. But this actually underestimates the real expense of an attack against a company. It is not just the financial damage suffered by the business or the cost of remediation; a data breach can also inflict untold reputational damage.

Suffering a cyberattack can cause customers to lose trust in a business and spend their money elsewhere. Additionally, having a reputation for poor security can also lead to a failure to win new contracts.

Almost every business has a website and externally exposed systems that could provide criminals with entry points into internal networks. Hackers have a lot to gain from successful data breaches, and there are countless examples of well-funded and coordinated cyber-attacks against some of the largest companies in Europe. Ironically, even Deloitte, the globe’s largest Cyber security consultant, was itself rocked by an attack in October 2019.

With highly sophisticated attacks now commonplace, businesses need to assume that they will be breached at some point and implement controls that help them to detect and respond to malicious activity before it causes damage and disruption.

While well-funded and highly skilled hackers pose a significant risk to your business, the wide availability of hacking tools and programmes on the internet also means there is also a growing threat from less skilled individuals. The commercialisation of cybercrime has made it easy for anyone to obtain the resources they need to launch damaging attacks, such as ransomware and cryptomining.

More smart devices than ever are connected to the internet. These are known as Internet of Things, or IoT, devices and are increasingly common in homes and offices. On the surface, these devices can simplify and speed up tasks, as well as offer greater levels of control and accessibility. There proliferation, however, presents a problem.

If not managed properly, each IoT device that is connected to the internet could provide cyber criminals with a way into a business. IT services giant Cisco estimates there will be 27.1 billion connected devices globally by 2021 – so this problem will only worsen with time. With use of IoT devices potentially introducing a wide range of security weaknesses, it is wise to conduct regular vulnerability assessments to help identify and address risks presented by these assets.

It is not just criminal attacks that mean businesses need to be more invested in cyber security than ever before. The introduction of regulations such as the GDPR means that organisations need to take security more seriously than ever, or face heavy fines.

The GDPR has been introduced by the EU to force organisations into to taking better care of the personal data they hold. Among the requirements of the GDPR is the need for organisations to implement appropriate technical and organisational measures to protect personal data, regularly review controls, plus detect, investigate and report breaches.

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Our Insights — Find out more about why Cyber Security is the most important thing this year.

Scan the QR Code to the left with your smartphone to open this page in the mobile browser and find out more about our work within the Cyber Security area, where innovation, integration, and interoperability still drive substantial change for ensuring a safer world.

Bring2Mind Consulting AB

What is more important today than Cyber security ?

The threat of cybercrime to businesses is rising fast. According to one estimate, by McAfee (one of the most reknown virus protection companies in the world), the damages associated with cybercrime now stands at over EUR 350 billion, up from EUR 220 billion two years ago, with the costs incurred by European business also running in the multi billions. In a bid to stave off e-criminals, organisations are increasingly investing in ramping up their digital frontiers and security protocols, however, many are still put off by the costs, or by the bewildering range of tools and services available. Five reasons why investing in cyber security is a sensible decision to make.

Bring2Mind Consulting AB

Cyber security is the most important challenge today

Everyone also benefits from the work of cyberthreat researchers, who investigate new and emerging threats and cyber attack strategies. They reveal new vulnerabilities, educate the public on the importance of cybersecurity, and strengthen open source tools. Their work makes the Internet safer for everyone.

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Bring2Mind Consulting AB

We work within the Aerospace-, Defence- and Security Industry and the Information- and Communications Technology Industry, where our personnel since 1985, have been supporting the public administration sector (Government Authorities) and the private business sector, delivering Systems LifeCycle Management (SLCM) Services, primarily around and within defence system procurement projects, providing services during procurement and provisioning of technically advanced and complex systems and solutions to the Swedish Defence Material Administration (FMV) and the Swedish Armed Forces (FM).

Within the Information- and Communications Technology Industry, we are in the startup phase of delivering secure, immediate and effective interaction between organizations, companies and their customers, partners and employees. The CMS & publishing tools we apply, is by far the most popular software with over 60% worldwide market share. This means the software is used by almost 35% of all the public websites online, the rest is used for intranet solutions not publicly available. The system is also used by many popular global brands across the world.

Bring2Mind Consulting AB

We Serve All

Our total offering fits any Industry, not only within the Aerospace-, Defence- and Security Industry and the Information- and Communications Technology Industry, where we do most of our work today.

We support the private business sector and the public administration sector (Government Authorities) by providing qualified consulting primarily around, and within, Systems LifeCycle Management (SLCM) Services. We cover common commercial-, legal- and operational- as well as technical- and administrative- disciplines, within programme-, project-, quality- and configuration management including production of digital and hardcopy material, which entails our customers and end-users to safely manage their technically advanced and complex systems.

Bring2Mind Consulting AB

We work with People and Digital Technologies for a Safer World and a Smarter Society

As our agency face a relentless pace of change and unprecedented level of competitiveness, agility is key to survival. Organizations are looking to Lean portfolio management to align the digital product investment portfolio to business strategy, and to quickly adapt the portfolio when strategy changes. To be successful, we provide transparency, analytics and feedback to various stakeholders at different levels of our processing workflow for optimal decision making. We also have a clear line-of-sight from strategic direction, through investment decision, to the choice of epics and services to be implemented, including the resulting impact on our clients’ business. We drive the continuous improvement process by looking at how our Systems LifeCycle Management (SLCM) services portfolio management enable Lean portfolio management for enterprise agility.

Bring2Mind Consulting AB, is an entrepreneur driven, supplier independent Knowledge & Consultancy Agency, supporting the private business sector and the public administration sector (Government Authorities) by providing knowledge consulting, management and advisory services, primarily within and around Systems LifeCycle Management (SLCM) Services, including supporting services, i.e. programme management, project management, risk assessment, management and control, quality assessment, management and control, configuration management and control, to the Aerospace-, Defence- and Security Industry and the Information- and Communications Technology Industry.

With a positive track record within the Aerospace-, Defence- and Security Industry and the Information- and Communications Technology Industry in providing Systems LifeCycle Management (SLCM) Services and seamless integration of products and systems against predefined requirements, Bring2Mind Consulting AB is unique in its understanding of technically advanced and complex systems, and how to apply innovative solutions in a pragmatic and cost effective fashion. Our services are developed and provisioned under the highest quality requirements based upon military standards, targeting the private business sector and the public administration sector (Government Authorities).

We ensure that our clients within the Aerospace-, Defence- and Security Industry and the Information- and Communications Technology Industry have the right equipment and functioning systems and services, at the right time to the right cost, to be able to carry out their mission. This is our contribution to the Swedish Defence Material Administration (FMV) and the Swedish Armed Forces (FM) — And we are proud of what we do!

Bring2Mind Consulting AB apply a classic business model, in a direct “One-to-One” relation to its clients and partners. This is where you will find us in the services supply chain. Sometimes we need to sign up specialist agencies for certain projects, to enable us to fulfil client requirements. But most important of all, we always apply our business model, whereas, if required by our clients, we can provide a larger network of system- and business partners.

It is important for Bring2Mind Consulting AB to conduct business in a responsible manner with long-term sustainability. We apply customer-oriented management systems for quality assurance and gather all our deliveries under qualified project management, quality management and configuration management. We provide Systems LifeCycle Management (SLCM) Services to the Aerospace-, Defence- and Security Industry and the Information- and Communications Technology Industry, as well as digital communication systems with high ICT content for close real-time communication between customers, partners and employees. In addition to statutory requirements and standards in relevant areas, we define our responsibility in relation to our key stakeholders. In order to ensure long-term value creation, we safeguard, among other things, good working relationships, high confidence from our customers, and responsibility for our environmental impact.

The staff within our Knowledge & Consultancy Agency have since 1985 operational working experience in the Aerospace-, Defence- and Security Industry and the Information- and Communications Technology Industry, at senior and middle management levels, nationally and internationally, within the whole supply chain of products, systems and services.

Almost twenty (20) years of experience within the Aerospace-, Defence- and Security Industry, working with some of Swedens largest, most technically advanced and complex defence system procurement projects for the Swedish Defence Material Administration (FMV) and the Swedish Armed Forces (FM), delivering Systems LifeCycle Management (SLCM) Services, has been extremely productive ans successful. We have supported these procurement projects by providing services over a very long time, and we are pleased to present to you, on our new website, some of our renowned and successful projects within the Aerospace-, Defence- and Security Industry.

We are multifaceted engineers, project managers, system analysts, consultants, advisors, architects, modelling and simulation specialists, and many more – and sometimes just catalysts for the successful achievement of your goals!

All this knowledge and working experience, built up almost during a lifetime, has made us capable to contribute to the development of Swedens total defence, by providing Systems LifeCycle Management (SLCM) Services, in a total offering from Bring2Mind Consulting AB.

With almost four decades (40 years) of operational working experience in the Aerospace-, Defence- and Security Industry and the Information- and Communications Technology Industry, at senior and middle management levels, nationally and internationally, within the whole supply chain of products, systems and services, Bring2Mind Consulting AB is well prepared to play the role as systems- and business- partner, capable of providing qualified and innovative Systems LifeCycle Management (SLCM) Services, supported by common commercial- and operational- as well as technical- and administrative- disciplines, within programme-, project-, quality- and configuration management, required to help our clients managing technically advanced and complex systems.

We cover all aspects of Systems LifeCycle Management (SLCM) Services, during all stages within products-, systems- and solutions provisioning; from initial studies, the needs/requirements assessment work, in the procurement phase, design and development, integration, over production, testing, verification & validation to final implementation, training, delivery and handover to the end-user and finally, the environmentally friendly decommissioning of products-, systems- and solutions for needs-oriented and situation-adapted solutions, with the right quality at the right cost. Our total offering is fully supported by qualified programme management, project management, quality assurance and configuration management.

As a Knowledge & Consultancy Agency, our business is all about thorough understanding and knowledge of your industry, resulting in a comprehensive Systems LifeCycle Management (SLCM) Services offering, that is unique for our clients. We can help you create value in a number of different ways. To guide you through our broad range of services to the portfolio that’s right for, and aligned to your project, we may suggest multiple value creation pathways, to mention a few;

1. Competitive Services,
2. Programme- and Project Management Support,
3. Procurement Management Support,
4. Contract Management- and Administration Support,
5. In-Service Support,
6. Business Development for sustainable Growth,
7. Secure and Safe Society.

This concludes our business aims; to increase our clients’ ability and profitability in managing technically advanced products and complex systems in a safe manner.

For Bring2Mind Consulting AB, business oriented competence and knowledge provisioning is always about ensuring new and existing clients’ needs for the right skills today and in the future.