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Is hacking good for business?

According to the latest Cyber Security Breaches Survey 2020 from the Government’s Department for Digital, Culture, Media & Sport, “Almost half of businesses, 46%, and a quarter of charities, 26%, report having cyber security breaches or attacks in the last 12 months.”

Hacking can have widespread effects, not just your businesses. According to the Cyber Security Breaches Survey 2020, “Among the 46 per cent of businesses that identify breaches or attacks, one in five (19%) have experienced a material outcome, losing money or data. Two in five (39%) were negatively impacted, for example requiring new measures, having staff time diverted or causing wider business disruption.”

Read time: 2 minutes | Audience: Business and technology

What is hacking?

A hacker uses their computing skills to breakdown and bypass security measures on a computer, device or network. The term hacking is used in mainstream media to refer to cyber criminals, but there is some controversy about the term, with some sections of the programming community using the term “cracker” to differentiate between those that use their programming skills to break computer security for malicious purposes, and ‘ethical hacking’ also known as ‘penetration testing’ which describes legally breaking into computers and devices to test an organisation’s defences.

Three main groups of hackers, and what motivates them

Hackers tend to be categorized by what kind of metaphorical hat they wear, based on their motivations: either white, black or grey hats.

White hat hackers

White hat hackers also known as ‘ethical hackers’, hack with good intensions and permission. Using their technical skills to legally infiltrate and audit IT systems and networks to identify security holes to help protect organisations against unauthorized

Recycling your computer

Choosing to recycle your old computer is a great choice, but you need to make sure that you are giving it to a responsible recycler who is equipped to handle all types of waste. Computers can contain hazardous and sometimes valuable metals. Make sure to use a recycler that takes ‘display equipment, general WEEE’ as specified by the European commission’s waste electrical and electronic equipment regulations.

Rehoming your computer

If you wish to sell to your computer instead, you will need to search for the exact model and get a rough estimate of how much it is worth. For some makes, such as Apple, you can return your computer and in exchange you will receive some money off your next apple purchase.

Find Out More

If you enjoyed this briefing paper, check out our other digital resources which cover a wide range of topics, including quantum computing, social media, and 3D printing.

The Lancashire Cyber Foundry runs a series of business strategy and cyber workshops specifically designed for SMEs in Lancashire. We’re passionate about seeing Lancashire business become more cyber-aware and innovative and so offer funded places for companies to come and learn how to defend, innovate and grow their business. Additionally, we have an experienced technical team ready to help you with your business innovation ideas, particularly around cyber and digital innovation.

To find out more about how your business can access support or register on one of upcoming workshops, contact us: