What have? - A Cyber Security Discussion, BN3 2AF, Tuesday, 17. March 2020

What have GDPR, IOT, AI & CLOUD got in common?
Answer : Data and Security.
The explosion of data can bring great insights, but also great risk. How ready are you for your next cyber attack?
Perhaps you’ve not been hacked yet, well that’s quite lucky. The statistics for how many companies are being hacked and how much personal data is being lost are absolutely mind blowing. Here are just a few numbers for you:

There are around 24,000 malicious mobile apps blocked every day. (Symantec)
In 2018, Under Armor reported that its “My Fitness Pal” was hacked, affecting 150 million users. (Under Armor)
Thirty-one percent of organizations have experienced cyber attacks on operational technology infrastructure. (Cisco)
In 2016, 3 billion Yahoo accounts were hacked in one of the biggest breaches of all time. (Oath.com)

If, or when, it happens if can be a very expensive issue to deal with:

The Equifax breach cost the company over $4 billion in total. (Time Magazine)
Damage related to cybercrime is projected to hit $6 trillion annually by 2021. (Cybersecurity Ventures)
In companies with over 50k compromised records, the average cost of a data breach is $6.3 million. (Ponemon Institute’s 2017 Cost of Data Breach Study)

The attack vectors (in other words, how attackers are attempting to hack in) are increasing, the methods are getting more sophisticated and the risks are growing.

Microsoft Office formats such as Word, PowerPoint and Excel make up the most prevalent group of malicious file extensions at 38 percent of the total. (Cisco)
Ransomware attacks are growing more than 350 percent annually. (Cisco)
61 percent of breach victims in 2017 were businesses with under 1,000 employees. (Verizon)

After that if you’re still wondering how much emphasis you should put on your Cyber Security planning, check out this sobering list of facts. But if you’re ready to learn what you can do to defend and prepare your business, join us to hear from our amazing speakers.
Speakers:Marios Kyriacou: - Is the director of The Security Bureau. Marios & his team will re-enact someone who gets hacked by connecting their laptop to a cafe wifi network. They will hack the laptop using wifi hacking adn then hack the laptop to keystoke log and thurn their webcam on etc.

Tuesday, 17. March 2020, BN3 2AF, What have? - A Cyber Security Discussion

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