Caribbean needs to strengthen its Internet infrastructure

By Michelle Nurse Last updated Mar 25, 2015

Internet Security expert Bill Woodcock speaks at a cyber security workshop at Grenada ICT Week, St Georges last week. (Photo via Trinidad Guardian)

Electronic security threats levels are on the rise globally, and the stakes are getting higher.

Kaspersky Lab’s Global IT Risks Report (2014) estimated that, after a data breach, small and medium sized business could spend up to $22,000 on staffing, training, and systems. Larger enterprises could potentially spend up to an additional $59,000 on staffing, $35,000 on training, and $75,000 on systems, the report said.

The Caribbean is far from exempt. Computer networks in both the public and private sector are increasingly under attack by a variety of malicious sources, and successful attacks can cause physical damage, economic loss and other cascading effects that could disrupt services, communications or trade.

Rad more at: Trinidad Guardian