World’s Top Business Schools take on Cyber Crime

World’s Top Business Schools take on Cyber Crime

To ensure that corporations have the necessary digital skills to combat cyber crime, specialist courses are being made available at business schools, which include topics such as illicit networks, terrorism and threat intelligence.

EDHEC Business School criminal risk management chair, Bertrand Monnet, said:

“The threat has to be addressed not just by technicians but by the head of the company. Because they are in charge of performance and cyber crime can totally destroy your company’s performance.”

Cyber threats are more dangerous than they have ever been. PwC claims that 90% of large companies fall foul of a breach and that the number doubled in 2015, costing businesses up to £23m.

While the issue is a substantial one, the IT security management field is still somewhat off the pace. Indeed, 77% of companies are not prepared to deal with a breach should one occur, says the NTT Com Security’s Global Threat Intelligence Report.

George Mason University’s School of Business’ Jean-Pierre Auffret, who directs the university’s MSc in Secure Information Systems, said:

“As it’s become a permanent part of the landscape for corporations, it’s becoming a permanent part of the landscape for business schools.”

It certainly would not hurt businesses to have at least one member of staff educated in cyber security. However, there are qualified professionals available ready to take on cyber security jobs for any firm savvy enough to realise that by not hiring one, they are putting their company at risk.

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