Peter Hambling, the Lloyds CIO has reported that Lloyd's of London tackles 60 severe attacks each day by upping defences and aligning IT resources.
The growing trend of organised gangs turning to e-crime has been confirmed by Lloyd's of London
, whose networks have been bombarded by structured and competent attacks.
said that 87 per cent of the external email coming into Lloyd's systems is either spam or infected with malware.
Last month, roughly 1,700 viruses were defeated by the insurer's defences.
These activities tend to fall into two camps, said Hambling
cyber crime attacks, which are subtle in nature and seek financial gain through the surreptitious extraction of funds or data; or cyber terrorist attacks, which are high-profile and attention-seeking efforts to damage or deny access to systems.
has been working to boost the security of the internal boundaries at Lloyd's
Over the past 12 months the CIO has implemented a number of new defence layers built around the organisation's corporate perimeter, server and desktop boundaries.
"We have put a security infrastructure in place to ensure I'm not disturbed every six minutes throughout the night, so I'll be notified once or twice a day about an event that required extra-unusual intervention, or something that was unexpected," he
has recently used tools such as Google Earth as part of its visualisation projects, great care must be taken while using such applications, said Hambling
"What you may not realise is that behind the scenes, if you do not have sufficient security awareness, you may be putting large reams of data into the public domain," he