The often-discussed risk of cyber-terrorism is overstated, and can be mitigated with good incident management planning according to private security consultancy ContingenZ Corporation. Analysts with the company point to a recent ‘Digital Pearl Harbor’ war game conducted by the U.S. Naval War College, which simulated a massive cyber-attack on US networks and demonstrated that assailants would need E180m, intelligence information and years of preparation time to accomplish significant disruptions. The company says that though a widespread and massive attack could cause serious damage, the possibility of such an attack is small and growing smaller as time goes on. According to Michael Miora, Founder and President of ContingenZ Corporation “(Such reports) show that it is now possible for businesses to mitigate their risk of embarrassment or worse by performing simple planning with a good ROI [Return on Investment] factor.” Full Story
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