Wynyard Group focuses on advanced cybercrime threats

 

The market leader in serious crime fighting software is listed on the New Zealand Stock Exchange. 

Craig Richardson, chief executive officer, told The Nation last week that in the last 20 years, transnational and organised crime, or “new crime”, had grown rapidly around the world, particularly in the area of cybercrime and new generation extremism. Combined with exponential growth in structured and unstructured data had created a global US$8 billion (Bt269.9 billion) market for serious crime fighting software. 

In Thailand, Wynyard assists the Narcotics Control Board to protect people from transnational crime groups involved in drug trafficking. The company also helps the Customs Department protect borders from drug trafficking. 

“Wynyard is building on its success in the Kingdom and sees real opportunity as organisations are increasingly turning to technology to help address the growing problem of transnational and organised crime. 

“So our company continues to invest in its operations to manage growth opportunities in the region,” he said.

As information technology becomes increasingly integrated with the operation of physical infrastructure, there is a corresponding increase in the risk of wide-scale or high-consequence events that could cause harm or disrupt services which economies and millions of people’s lives depend upon. 

At its worst, such an event could be catastrophic to national well-being.

Wynyard is concerned that many governments and companies are at risk of focusing too much on traditional security models that are based on perimeter security.

 

Threats continue to evolve rapidly 

Perimeter-based cyber security models – characterised by firewalls, anti-virus software and associated systems – can provide wide protection for assets and operations from less sophisticated or “known” threats. 

However, a more complete cyber security programme must also offer sophisticated, enhanced protection from “unknown” threats that continue to evolve rapidly.

Identifying these unknown threats and providing immediate and actionable intelligence to protect against them – or to reduce the damage they can cause – is where Wynyard can help address high consequence cybercrime.

This required powerful analytic tools, such as Wynyard’s advanced cyber threat analytics solution, constantly monitoring the inside of perimeter defences, searching for anomalies in network behaviour across the vast networks and data stores of corporate and government interests.

The deep analytic capabilities of Wynyard’s anomaly detection software are a critical component of an overall security strategy. It enables security teams to concentrate on identifying cyber risks, areas of vulnerability and threat detection, including indicators of current compromise.

Wynyard’s software is used by government intelligence, investigations and information security operations facing the challenge of managing such complex data to make connections between seemingly unconnected pieces of information.