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IMF: Kristalina Georgieva , IMF Managing Director. (Virtual) Conference on Financial Inclusion and Cybersecurity. Co-hosted by International Monetary Fund, Carnegie Endowment for International Peace, World Bank, and the World Economic Forum.
Forbes: Effective cybersecurity requires an understanding of the adversary. Insight into the motivation behind attacks and the steps attackers take enables you to anticipate and defend against those attacks. Attacks have become more complex and sophisticated, though, as the line between cyber criminals and nation states has gotten fuzzy in recent years. As technology evolves and the threat landscape expands, it is important for cybersecurity vendors to fight fire with fire and be prepared to defend effectively against cyber attacks.
CNet: Hackers were able to get documents related to approved COVID-19 vaccines after they hit the European Medicines Agency with a cyberattack. The attackers "unlawfully accessed" regulatory documents related to the coronavirus vaccine candidate put forward by biotech firm BioNTech and partner pharmaceutical company Pfizer, BioNTech said in a statement.
Cision: Acronis, a global leader in cyber protection, today released its Acronis Cyberthreats Report 2020, its in-depth review of the current threat landscape and projections for the coming year. Based on the protection and security challenges that were amplified by the shift to remote work during the COVID-19 pandemic, Acronis warns 2021 will bring aggressive cybercrime activity as criminals pivot their attacks from data encryption to data exfiltration.
Forbes: Companies often separate cybersecurity and data protection by forming two independent teams and buying different software to address each of these issues apart. Maintaining and managing two teams, together with two software sets, involves high IT costs and administrative expenses.
BusinessWire: The AI in cyber security market is projected to generate a revenue of $101.8 billion in 2030, increasing from $8.6 billion in 2019, progressing at a 25.7% CAGR during the forecast period (2020-2030).
Yahoo Finance: Cybersecurity Ventures predicts global cybercrime costs will grow by 15 percent per year over the next five years, reaching $10.5 trillion USD annually by 2025, up from $3 trillion USD in 2015. This prediction is part of a special report conducted by Cybersecurity Ventures and sponsored by INTRUSION, Inc.
Reuters: Canada on Wednesday identified state-sponsored programs in China, Russia, Iran and North Korea as major cyber crime threats for the first time, and said it feared foreign actors could try to disrupt power supplies.
Investment Week: The worm damaged about 6,000 computers, representing - at the time - roughly 10% of the entire internet. Over the ensuing decades, computing and connectivity would become even more ubiquitous, as how we work and play increasingly went online; and where, the combination of chips and sensors would become the very fabric of our how we live our lives.
Forbes: How each cybersecurity CEO responds to the challenges of keeping employees safe, customers secure and product release cycles on schedule while still achieving customer success – all virtually – provide valuable insights into leading a company during difficult times. Simon Biddiscombe, CEO of MobileIron, exemplifies the empathy all CEOs interviewed have for their employees' welfare. "My first priority when the pandemic hit was to protect the health and safety of our employees, yet still maintain an "always-on business" for our customers," Simon mentioned during a recent interview.
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