Following yesterday’s blog, in which I asked the question about the potential impact of the governments decision to pull the plug on all internet traffic, it’s re-assuring to see that my observations have been confirmed by the Organisation for Economic Co-operation and Development (OECD) .
The BBC report, which can be found here, says that the OECD has calculated that the decision to flick the switch on internet traffic is likely to have cost the country dearly and, as importantly, damaged it’s reputation and therefore attractiveness to investors and customers of private business operating from Egypt.
The OECD is reported as saying that the government clampdown on internet services may have cost the Egyptian economy as much as $18m (£11m) a day or $90m in total and that “The impact of the communications block could be even greater, as it would be “much more difficult in the future to attract foreign companies and assure them that the networks will remain reliable”.
Why is an information security specialist commenting on this? Read yesterday’s blog post here.
Does your information security risk assessment really incorporate the broader environment that you operate within? Do you really understand the trends and factors which drive the likelihood and impact of a breach of information confidentiality, integrity and/or availability? If your answer is “No” then your missing the bigger picture and potentially over exposed to information security risks. Contact me to discuss CRAW™ our Contextual Risk Assessment Workshop for government, business and consultants.