Has the time really come when we no longer are capable to keep our own “digital house in order”, figuratively speaking? Are Swedish businesses and organizations in need of constant aid when it comes to keeping safe?
Sweden has long been perceived to be behind when it comes to IT security, and now the state is proposing to offer help on that area. But really - can and should Swedish businesses and organizations not do better? Both public and private organizations, must take own responsibility and be prepared to withstand cyberattacks without it affecting day to day business. Can we really put all our faith in others to keep us safe online?
"But really - can and should Swedish businesses and organizations not do better?"
The cost for a security breach may be high. Who are you willing to put your trust in, and can we trust others to keep us safe? Finansinspektionen (FI) - Sweden's financial supervisory authority - suggests among other things, that we should put our trust in them when it comes to valuable information.
When it comes to data the constant flow is enormous, a never-ending source of information. This information is valuable – some less, some more. Your personal files, the quarterly report you’ve worked so hard on for the last couple of weeks, or the customer register that affects all your clients. Some data may be irreplaceable, some information may even be harmful in the wrong hands, and in the hands of a hacker it all has a price.
FI's director general, Erik Thedéen, states that companies today indeed have a great deal of personal responsibility for ensuring that their IT systems have sufficient resilience. Ultimately though this is about Sweden's security, and at that point the state must help, according to Thedéen. FI’s are proposing a number of actions to increase resilience to cyber attacks in the Swedish financial sector:
"Some data may be irreplaceable, some information may even be harmful in the wrong hands, and in the hands of a hacker it all has a price."
When it comes to the matter of IT security the state should provide help, but we can never be blind to the fact that both public and private organizations, of all shapes and sizes, have a responsibility to be prepared to withstand cyberattacks without it affecting the continuity of important IT systems. The threat is real, now more than ever, so let’s do better!
The Swedish Finansinspektionen report is available for reading here: https://www.fi.se/sv/publicerat/rapporter/rapporter/2022/forstarkt-digital-motstandskraft-hos-foretag-i-den-finansiella-sektorn/
Farsight is a Swedish IT development partner that makes people and organizations grow! We are your ”go-to-guys” regarding all your IT systems, technology and IT-security subject matters. At the same time, we are local community builders and ensue a sound labour market and good ethics. Our business is all about finding clever solutions for secure access, management and communication of business-critical information.