‘Whatever you are spending on cyber security is not enough’

“Whatever you are spending on cybersecurity is not enough,” Detective Superintendent Michael Gubbins of the Garda Cyber Crime Bureau told a conference on cyber fraud in University College Cork yesterday.
The conference, Hacking the Human: Cyber Fraud in a Digital Age, heard that cyber fraud is under-reported at both corporate and individual level, and that businesses suffered ransomware attacks such as the NotPetya virus which locks a user’s computer until a ransom is paid to the hackers responsible.