*By Tracey Cheek* The holiday season is here again ー and as consumers buy and spend, more personal information is being exposed online. The number and severity of cyberattacks are on the rise, and both consumers and businesses need protection. Shane Wall, chief technology officer at HP and global head of HP Labs sat down with Cheddar on Monday to discuss the state of cybersecurity heading into the new year. “It continues to be dynamic,” said Wall on cyberattacks. “The number of attacks we’ve seen are accelerating. Keeping up with that continues to be a big challenge for us tech providers.” Hackers are getting smarter, and attacks could come from a variety of sources, said Wall. “It could be nation-state hackers, it could be individual hackers,” said Wall. As for the motivations behind the attacks, he said they vary. “We’ve seen a lot of extortion pieces that go on, or it could just be fame," he said. "They just want to be known.” In this environment, consumers need to protect themselves, and that starts with selecting a secure device. “When you make a device choice, you’re making a security choice,” Wall told Cheddar. “So choose carefully the device that you use. Make sure you look underneath to make sure they actually have all the right security pieces in place." He said consumers online should always make sure they are shopping at trusted websites, and advised against opening any emails that aren't from a known sender. Tech giants have to get into the mind of a hacker to prevent attacks, especially at a moment when the nature of cyberattacks is constantly changing. “Now we’re seeing very dynamic attacks that are actually using artificial intelligence and machine learning in order to find and probe capabilities," Wall said. “As a result, on our end, we need to turn to things like artificial intelligence and machine learning in order to combat the bad guys.” For full interview [click here](https://cheddar.com/videos/hps-chief-technology-officer-on-the-state-of-cybersecurity).

Share:
More In Business
The Day Ahead: Earnings and New Transformers Movie Makes Its Debut
Cheddar News checks in to see what to look for on The Day Ahead with Chinese EV-maker Nio due to release its report and Jurassic Park is celebrating the 30th anniversary of its release. Meanwhile, 'Transformers: Rise of the Beasts' debuts on Friday across the country.
Celebrating Pride: The LGBTQ+ Experience on Wall Street
Kelly Ann Winget, founder of private equity firm Alternative Wealth Partners and author of 'Pitch the Bitch,' a financial guide for those often left out of the male-dominated investment world, spoke to Cheddar News about her experience as an LGBTQ+ manager in the industry.
Stretching Your Dollar: Budget-Friendly Ideas for Wedding Guests
With wedding season underway, couples can get overwhelmed with finances and planning. Guests also feel stressed, especially when being invited to several weddings. Ted Rossman, senior industry analyst with Bankrate.com, joined Cheddar News to discuss setting up a budget if attending multiple ceremonies.
Load More