Major player announces cyber defence launch

Major player announces cyber defence launch | Insurance Business

Major player announces cyber defence launch
BAE Systems Applied Intelligence has announced the launch of a cloud-based cyber security solution for businesses and organisations based in Australia and New Zealand.

The suite of security products has been designed to defend against email based attacks, including targeted and ‘zero day’ attacks, and will be entirely cloud-based, the company said.

Adrian Blount, director of Cyber Security Products ANZ at BAE Systems, said that the product aims to protect businesses from one of their biggest threats; the humble email.

“Businesses often don’t realise that most cyber attacks start with an email message, and a campaign of just 10 emails has more than a 90% chance of at least one person falling for it,” Blount said.

“Whether this is a targeted spear-phishing campaign or a shotgun-approach distribution of ransomware, the likelihood of success is unfortunately very high in the absence of the necessary protection.”

The BAE Systems offering will provide its Email Protection Service (EPS) in a bid to offer “comprehensive protection against even the most advanced threats,” the company confirmed.

Blount explained that ‘zero day’ attacks are one of the most difficult to defend against in the modern cyber security space, as are accidental leaks by staff members.

“With 70 to 90 per cent of malware being unique to any single organisation, the most difficult attacks to defend against are Zero Day attacks. These are attacks that are unknown or have not previously been seen and that, as a consequence, require advanced defence,” Blount said.

“Therefore, a core element of BAE Systems’ EPS solution is Zero Day Prevention, which provides customers with advanced protection from today’s most sophisticated threats. Most importantly, the technology is based on innovative and pioneering techniques, which analyse the email in the cloud for malicious content and intent, before it reaches the recipient.

“Additionally, one of the biggest risks to businesses is the threat of employees who accidentally or intentionally leak data. Most companies are unprepared for this kind of problem, but BAE Systems makes it easy to find and investigate these issues with its Insider Threat Prevention service, which forms part of the EPS product suite.”

As a cloud-based system, Blount believes that the company is introducing New Zealand businesses to a new kind of cyber defence which will pave the way for the future of cyber security.

“With this launch, we are introducing ANZ businesses to a new kind of protection against sophisticated cyber attacks,” Blount said.

“Because the solutions are cloud-based, they are easy to buy, consume and manage with a short delivery timeframe. And they have the inherent flexibility to scale up or down as required, so companies assess what they need and have a service which can grow with their organisation.”