Cyber attacks are among the fastest growing crimes in the US, and they are increasing in cost to businesses. The threat is only going to grow as cyber criminals become smarter and more sophisticated with each passing year.
The attack starts, innocently enough, with an email. But when someone clicks the link inside, hackers quickly take over. Computers at the school, hospital, or city government are locked, and the only way for employees to get back in is to pay the attacker hundreds of thousands of dollars worth of Bitcoin. Even then, there’s no guarantee they won’t do it again.
With three months left in the year, 2019 has already seen an exceptional number of major cybersecurity incidents. An avalanche of hacks, breaches, and data exposures have rattled government agencies and private companies alike, and the victims are typically consumers or citizens.
The case for certifying the cybersecurity of specific classes of devices is gaining momentum as cybersecurity professionals worry that the growing number of interdependencies between software, hardware, and online services, puts consumers and workers at risk.
In a dedicated step toward fighting the war against cyber-crime, a group of top technology leaders has formally launched the Public-Private Voice of the Industry Alliance at HMG Strategy’s 2019 Washington, D.C. CISO Executive Leadership Summit on Sept. 19, 2019.