Every day, Gene Wedemeyer goes to work at Adirondack Bank, and along with a team of network security professionals all tasked with varying duties, monitors the internal and external computer systems for employees and bank clients to guard against cyberthreats.
With cyberthreats becoming an increasing news headline, Wedemeyer, the IT security analyst in the risk management department of the Utica-based bank, said that sometimes maintaining an internal IT department can feel like running a business unto itself.
Adirondack Bank’s defense includes training (lots of it), implementation of employee computer policies and rules. All of this architecture can come with a weighty price tag, too.
This isn’t your grandma’s IT plan anymore, and all of this takes a lot of planning and investment.
“According to statistics from the Department of Health and Human Services, over the past four years, the industry has seen breaches from theft, loss, improper disposal and unauthorized access decrease,” he said. “However, breaches due to hacking incidents are on the rise. For this reason, hospitals must maintain aggressive cybersecurity programs that quickly identify and mitigate emerging vulnerabilities.”
Others professionals agree.
“Brick and mortar businesses and how data is stored … has really changed,” said Tim Duffy, vice president of Teracai in Syracuse, a technology solution provider business. “How do you make sure you’re protecting data? According to a report by Kaspersky, ransomware attacks on businesses increased from once every two minutes to once every 40 seconds in the first nine months of 2016.”
Even last week, U.S. Sen. Charles Schumer D-N.Y., called for more federal investments to beef up the state electric grids and protect power plants from future cyberattacks.