McAfee CEO on How to Avoid Getting Hacked: Always Act As If You Are
Cybersecurity has been front and center this year, from the WannaCry ransomware attack to Uber admitting it paid off hackers to hide a data breach.
And security software giant McAfee says that these hacks show “how creative and innovative” attackers are, so companies have to stay on the lookout.
“Any organization has to assume that [it's] never doing enough,” Chris Young, CEO at McAfee told Cheddar. “You have to constantly be vigilant.”
After the spate of recent scandals, companies are taking measures to ensure that data isn’t compromised. A recent PwC survey found that 34 percent of corporate executives have implemented new data collection, retention, and destruction policies. An equal portion say they assess devices, system interconnectivity, and vulnerability across the business ecosystem.
Young, though, predicts that hackers will be bolder next year, targeting things like children’s toys and internet of things (IoT) devices. He even thinks added that cyber criminals will go offline, using IoT devices to their advantage to rob organizations in person.
He sees, for example, “using a camera not necessarily for security, but...to figure out: ‘Hey, how do I go and steal something from an organization.’”
The crossover from cyber physical attacks, Young says, in fact is already happening.
For full interview [click here] (https://cheddar.com/videos/biggest-cyberattacks-of-the-year).
As Russia intensifies its war on Ukraine, President Biden announced a ban on oil imported from the aggressor nation. Critics of Russia have said this would be the best way to force Putin to pull back, but curbs on Russian oil exports are expected to send already skyrocketing oil and gas prices even higher, further impacting consumers, businesses, financial markets, and the global economy. Leslie Beyer, CEO of the Energy Workforce and Technology Council, joined Cheddar News' Closing Bell to discuss. "It's certainly going to increase pricing, but it is the right thing to do," she said. "The industry itself has already pulled out of the significant portion of its operations in Russia."
Two friends have joined forces to come up with an app dedicated to making mental health more approachable and to provide users with the tools needed to improve their mental health and overall well-being. Co-Founders of the Dial App Jonah Salita and Marcel Johnson, joined Cheddar to discuss more.
On this International Women’s Day, Deb Cupp, president of Microsoft U.S., joined Cheddar News to talk about the implementation of her pillars to extend the company's culture, such as acting with care and putting the team first. "What I like about the pillars is they're very simple, so it's easy for us to think about how they show up every day in our lives," Cupp said.