JavaScript is disabled in your web browser or browser is too old to support JavaScript. Today almost all web pages contain JavaScript, a scripting programming language that runs on visitor's web browser. It makes web pages functional for specific purposes and if disabled for some reason, the content or the functionality of the web page can be limited or unavailable.

Monday, May 19, 2025

Cybersecurity must become an urgent priority

by

552 days ago
20231114

The re­cent da­ta breach­es at TSTT, PriceS­mart and Courts high­light the ex­tent to which Trinidad and To­ba­go and the Caribbean are vul­ner­a­ble to threats from ex­ter­nal sources in­volv­ing not guns or bombs, but tech­nol­o­gy.

In our in­ter­con­nect­ed and rapid­ly evolv­ing world, the in­crease in on­line trans­ac­tions has cre­at­ed an at­trac­tive en­vi­ron­ment for cy­ber crim­i­nals.

The lat­est breach­es put the da­ta of thou­sands of cit­i­zens at risk and ex­posed how lit­tle is un­der­stood about the transna­tion­al na­ture of cy­ber­crime, which takes many forms and is con­stant­ly evolv­ing.

Too many re­gion­al en­ti­ties, in­clud­ing gov­ern­ments, still do not ful­ly un­der­stand the ex­tent to which in­creased con­nec­tiv­i­ty comes with vast cy­ber risks of da­ta ex­fil­tra­tion, ran­som and dis­rup­tion of ser­vices and func­tions.

The un­com­fort­able truth to be con­front­ed is that these cy­ber­at­tacks on lo­cal and re­gion­al telecom­mu­ni­ca­tions and re­tail gi­ants have ex­posed count­less names and emails of cus­tomers to dan­ger­ous ac­tors. In the ab­sence of im­me­di­ate and strong re­spons­es to these crim­i­nal in­fil­tra­tions, con­sid­er­able dam­age can be in­flict­ed on these en­ti­ties and their cus­tomers.

Cy­ber crim­i­nals work around the clock seek­ing any vul­ner­a­bil­i­ty they can ex­ploit—and they can do so from thou­sands of miles away. Once they find a mi­nor weak­ness in an or­gan­i­sa­tion’s de­fence, they launch a net­work in­va­sion.

The need to strength­en cy­ber­se­cu­ri­ty has nev­er been as ur­gent as it is now. Alerts for cy­ber­crimes in­creased 600 per cent dur­ing the COVID-19 pan­dem­ic and since then, the Caribbean has been ex­pe­ri­enc­ing mil­lions of cy­ber at­tack at­tempts, with ran­somware the most com­mon threat.

Since the first wave of ran­somware at­tacks in 2013, there have been nu­mer­ous cy­ber breach­es, rang­ing from bank theft to the hack­ing of web­sites, across the re­gion. In ad­di­tion, ar­ti­fi­cial in­tel­li­gence has giv­en cy­ber crim­i­nals more ef­fec­tive ways to mount their at­tacks.

A 2020 Or­ga­ni­za­tion of Amer­i­can States (OAS) and In­ter-Amer­i­can De­vel­op­ment Bank (IDB) joint study, Cy­ber­se­cu­ri­ty: Risks, Progress, and the way for­ward in Latin Amer­i­ca and the Caribbean, found that coun­tries of the re­gion have been de­vel­op­ing and im­ple­ment­ing na­tion­al strate­gies and le­gal frame­works to bet­ter re­spond to evolv­ing cy­ber threats, in­clud­ing in­creased pro­tec­tion of cit­i­zens’ per­son­al da­ta. How­ev­er, more than three-fourths of the coun­tries ob­served a lack of crit­i­cal in­fra­struc­ture pro­tec­tion plans to ef­fec­tive­ly re­spond to cy­ber­at­tacks.

In this rapid­ly evolv­ing threat land­scape, it is not sur­pris­ing that T&T is be­ing at­tacked by so­phis­ti­cat­ed in­ter­na­tion­al cy­ber­crime gangs.

The T&T Cy­ber­se­cu­ri­ty In­ci­dent Re­sponse Team (TT-CSIRT) of the Min­istry of Na­tion­al Se­cu­ri­ty has been warn­ing for some time about a sig­nif­i­cant in­crease in at­tacks, es­pe­cial­ly ran­somware.

Strate­gic re­spons­es to com­bat ma­li­cious cy­ber ac­tiv­i­ties should in­clude a ramp­ing up of cross-bor­der col­lab­o­ra­tions, a re­view of ex­ist­ing leg­is­la­tion and draft­ing of new laws cov­er­ing is­sues such as manda­to­ry breach no­ti­fi­ca­tions and trans­paren­cy oblig­a­tions.

Un­for­tu­nate­ly, dam­age con­trol by en­ti­ties that have suf­fered breach­es of­ten gloss­es over the need to pro­vide time­ly alerts to cus­tomers, al­though this at­tempt to mit­i­gate rep­u­ta­tion­al loss usu­al­ly falls short and de­nies cus­tomers the strong and time­ly re­spons­es they de­serve.

At all lev­els, in state agen­cies, busi­ness­es of all types and sizes and even NGOs and CBOs, there must be greater at­ten­tion to cy­ber­se­cu­ri­ty, in­clud­ing reg­u­lar as­sess­ments to en­sure that net­works have not been com­pro­mised.

It is, how­ev­er, im­por­tant to im­prove de­tec­tion and pro­tec­tion sys­tems and work con­sis­tent­ly to keep ahead of the cy­ber crim­i­nals.


Related articles

Sponsored

Weather

PORT OF SPAIN WEATHER

Sponsored