ICAEC to arm businesses to fight against cyber crime

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The Institute of Chartered Accountants of the Eastern Caribbean (ICAEC) will hold a workshop to introduce participants to the field of digital forensics, and other tools that could be employed in investigating and combating cyber-crimes.
“We think that this is an area where we can offer some expertise to members and the general public,” ICAEC Council Member, Campbell Coates said as he rationalised that there is an urgent need for the workshop, which will be held on Thursday at the Halcyon Cove by Rex Resort.
“We have challenges and issues when it comes to cyber crimes,” Coates said. “It’s an opportune time for people to come out and learn something.”
Local financial services experts claim that there have been increasing reports of “persons falling victims to simple” cyber crime attacks.
Managing Director of Cybersecurity and Anti- Crime Services Ltd, Sean Hoyte, stated on OBSERVER Radio that basically, there are two types of cyber-crimes:  one that affects systems directly by shutting down your system via computer viruses and malware; and the second that is facilitated by computers and networks to carry out attacks such as cyber stalking, cyber bullying and wire fraud.
“Business owners,” Hoyte suggested, “should be engaging in cyber security to protect their businesses from cyber crimes.”
He also acknowledged that the majority of cyber criminals are more advanced and experienced than some of our IT experts.
Hoyte further explained that Cybersecurity is that body of technologies, processes and practices designed to protect networks, computers, programmes and data from attack, damage or unauthorized access. He further stated that having the proper infrastructure and the proper guidance from a Cybersecurity company would add the necessary support to the IT department to protect business data.
(More in today’s Daily Observer)

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