In a world that is constantly changing, the immediate future of emerging technologies looks exciting and promising. Rapid advances over the next five years may help humanity solve some of the biggest challenges like the climate crisis, our ability to cure illnesses, understanding the universe and our microcosmos, and improving productivity through business automation. Despite the obvious benefits technology brings, it has also created many cybersecurity and privacy challenges. The overall business risk has increased because of the changing and expanding threat landscape. Cyber criminals are also leveraging these technologies to launch their malicious actions, which are more sophisticated than ever and harder to detect. The World Economic Forum, in their annual Global Risks report, have ranked cyber related risks
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Cybersecurity is becoming increasingly important as more businesses collect, share, and use more and more data as part of their practices. The news headlines have been dominated by security incidents affecting the personal data of millions of people around the world. The importance of cybersecurity is underscored by the cost of a breach, with IBM estimating the average cost of a data breach in the United States being $8.19 million. Zero unemployment is not a dream! The cybersecurity industry has a zero percent unemployment, which make it an attractive statistic. It certainly is a great reason for everyone, either IT professionals or students graduating from Universities, to choose cybersecurity as a career. But this is not the only factor to
Aug 10,Research conducted since the start of the COVID-19 pandemic shows an increase in cyber threats as cybercriminals try to take advantage of users working remotely. What most users may not realize is that they could be making it easier for threat actors to target them. Here’s how: Every time a user posts a picture of his or her remote office setup on social media or participates in a videoconference, the user unwittingly may be revealing personal or company information that threat actors can exploit. In an opinion piece published by the Wall Street Journal, a cybersecurity expert warned about the dangers of over-sharing. “People often don’t realize how much personal information they are revealing in photos—images of their houses and
Jun 29,As published in the March/April 2020 edition of InfoSecurity Professional Magazine By Shaun Aghili, DBA, CISSP-ISSMP, CCSP, CISA and Bobby Swar, Ph.D. In May 2018, two major banks in Canada—Bank of Montreal and Canadian Imperial Bank of Commerce—received email threats from malicious hackers claiming to have gained access to customers’ sensitive information. The attackers demanded $1 million in cryptocurrency from each bank or they would publicly release customers’ information. The successful attacks on these banks led to 90,000 customers’ account information being compromised and an undisclosed amount of money lost as the result of the security breaches. In recent years, the global banking sector has been the main target of severe cyberattacks. This, of course, is largely due to the enormous
May 21,As published in the March/April 2020 edition of InfoSecurity Professional Magazine By Crystal Bedell Humans have long been touted as the weakest link in security. But in many ways that axiom oversimplifies the issue of the human element and makes end users collectively the bad guy when, for the most part, they’re only trying to do their jobs. Understanding why humans behave the way they do, and allowing them to inform a security strategy, can strengthen the human element so that people aren’t the weakest link but a helpful component of your security arsenal. “We put people in front of computers, and we expect them to behave in specific ways that are in line with the functionality and operations of those
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