It’s is about putting tools in your hands so you don’t have lie awake at night worrying, but you don’t put your head in the sand either. You can keep yourself and your data safe – and this show helps you do that. Be aware, and protect yourself online.
We have another great show for you show today:
- Sobering report from the World Economic forum. And, by ‘sobering,’ I mean: if you don’t already have a drinking problem, this could cause one!
- We talk about the IoT Christmas, and new things to watch out for
- Great interview with David Redekop of DNS-Thingy
- Internet of things
- Wrap up by answering a few guest questions
World Economic Forum Releases Annual “Global Risks” Report
International not-for-profit that has been known for being independent and impartial since it was founded in 1971.
Their famous annual meeting started this week on January 23, 2018, and with it – the release of their annual report on Global Risks.
According tho the report, Cyberattacks rank #3 after:
- Extreme weather events
- Natural disasters
Cyberattacks rank about the same as “Failure of climate-change mitigation and adoption,“
Cyberattacks have a greater impact than :
- Food Crisis,
- Spread of Infection diseases, and
- Terrorist attacks.
The report says:
Cybersecurity risks are also growing,
both in their prevalence and in their
disruptive potential. Attacks against
businesses have almost doubled
in five years, and incidents that
would once have been considered
extraordinary are becoming more and
more commonplace. The financial
impact of cybersecurity breaches
is rising, and some of the largest
costs in 2017 related to ransomware
attacks, which accounted for 64% of
all malicious emails. Notable examples
included the WannaCry attack—which
affected 300,000 computers across
150 countries—and NotPetya, which
caused quarterly losses of US$300
million for a number of affected
businesses. Another growing trend
is the use of cyberattacks to target
critical infrastructure and strategic
industrial sectors, raising fears that, in
a worst-case scenario, attackers could
trigger a breakdown in the systems
that keep societies functioning. Cyber breaches recorded by
businesses have almost doubled
in five years, from 68 per business
in 2012 to 130 per business in
Report goes on to talk about how virus and malware are actually for sale on the deep web (or Dark net):
Having been choked off
by law enforcement successes in
2010–2012, “dark net” markets for
malware goods and services have
seen a resurgence in 2016 alone,
357 million new malware variants
were released, and “banking trojans”
designed to steal account login details
could be purchased for as little as
US$500.38 In addition, cybercriminals
have an exponentially increasing
number of potential targets, because
the use of cloud services continues to
accelerate and the Internet of
Things is expected to expand from
an estimated 8.4 billion devices in
2017 to a projected 20.4 billion in
What would once have been
considered large-scale cyberattacks
are now becoming normal. For
example, in 2016, companies revealed
breaches of more than 4 billion data
records, which is more than the combined
total for the previous two years.
The cost of cybercrime to businesses over the
next five years is expected to be US$8 Trillion.
Conclusion: you are listening to the right show. If you don’t have a professional IT department managing your computers AND your network, you need to be aware of the issues – so these mammoth problems don’t effect YOU.
All you can do is remain aware, and my hope for this show is that we keep you safely away from some of these profound and destructive attacks.
Here is the report from the World Economic Forum:
IoT Christmas Recipients
What is an ‘IoT,’ and did you get one for Christmas?
- Any thing that connects to the internet
- Problem is the vulnerabilities
Interview: David Redekop DNS Thingy