December 17, 2015
The threat to companies from cyber-crime is on the increase. To help combat this hazard, Deloitte, Airbus, BT and Rolls-Royce will provide their expertise to students of the newly developed cyber security MSc from De Montfort University Leicester (DMU), which aims to develop holistic approaches to cyber security.
The different firms supporting the programme will provide guest lectures and module expertise, as well as give students the opportunity to take up firm placements. Cyber security breaches continue to cause UK organisations a pounding headache. Nine in ten (90%) large organisations and 74% of small organisations are affected, recent research by PwC finds. The average cost has also been increasing year on year. The cost of breaches to large organisations now range from just under £1.5 million to £3.14 million, while for small organisations the range starts at £75,200 and goes up to around £310,800. Hacks and infiltration have become common place and several large organisations have lost considerable numbers of their records on customers, including among others, the 37 million records stolen from AshleyMadison, 76 million records stolen from JP Morgan Chase, and 145 million customer records copied from eBay’s database.