The Cybersecurity Guide for Leaders in Today’s Digital World by weforum.org
Cyberattacks are one of the top 10 global risks of highest concern in the next decade, with an estimated price tag of $90 trillion if cybersecurity efforts do not keep pace with technological change. While there is abundant guidance in the cybersecurity community, the application of prescribed action continues to fall short of what is required to ensure effective defence against cyberattacks. The challenges created by accelerating technological innovation have reached new levels of complexity and scale – today responsibility for cybersecurity in organizations is no longer one Chief Security Officer’s job, it involves everyone.
AI is reshaping the landscape of cyber defense. As new security fissures open up, threat analysts deploy more powerful tools to prevent and respond to attacks. Nicole Eagan, CEO of Darktrace, joins Azeem Azhar to discuss the escalating arms race in this new cybersecurity landscape.
In this podcast, they also discuss:
- What security experts can learn from the human immune system response.
- Why trust in automated decision-making technology is a crucial step in implementing AI-first security systems.
- How a parked Tesla in your company parking lot can be a security flaw for the entire organization.
The podcast by HBR.COM
There’s a chance that it might be pretty good.
Experts estimate about a quarter of American jobs could soon be automated. Looking further down the line, we may see a majority of jobs being done by robots. If 60 percent of jobs were to be eliminated, for example, a tremendous amount of people would be out of work, and we’d very likely have to adopt a program like Universal Basic Income (UBI). We don’t yet know how these changes will impact society, but a lot of people are trying to figure out just that. (…)
article from inverse.com (read)
Over the past decade the costs and consequences of cyberbreaches have grown alarmingly. The total financial and economic losses from the 2017 WannaCry attack, for instance, were estimated to reach $8 billion. In 2018 Marriott discovered that a breach of its Starwood subsidiary’s reservation system had potentially exposed the personal and credit-card information of 500 million guests. Hackers seem to keep getting more effective. But in our experience as consultants to clients across the globe, we’ve found another reason that companies are so susceptible to threats from hacking: They don’t know or understand their critical cyberrisks, because they’re too focused on their technological vulnerabilities. (…)
article from HBR.Org (read)