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).

Share:
More In Technology
Tornado's 'Learn and Earn' Program Rewards Educated Users
The mobile brokerage app, Tornado, says its the first investing platform that combines next-level tools and resources with hyper-tailored investing news. The more you engage within the app, the more intelligent of an investor you'll be, and the more you'll gain from the experience. 'Learn and earn,' the latest feature of the app serves to do just that, as it pays users to learn how to invest. CEO and co-founder of Tornado, Bernard George, joins Cheddar News to discuss.
A Crypto Christmas: Give the Gift of NTFs
Digital assets are the gifts that keep on giving, as they have the potential to make people serious cash if it's value increases over time. These gifts are ultimately just investments, in the form of art. Sunil Singhvi, chief business development officer at Rarible, joins Cheddar News to discuss.
New Space Race Takes Form as Private Companies Team Up to Build Space Stations
Marshall Smith, Senior Vice President of Space Systems at Nanoracks and Kirk Shireman, Vice President of the Lunar Exploration Campaign at Lockheed Martin join Future of Space: Humankind's Leap Forward to discuss upcoming plans for developing their Starlab commercial space station after being awarded a $160 million contract by NASA.
Future of Space: Humankind's Leap Forward
The billionaire space race took off in 2021, making major strides in space tourism. That growth is only expected to skyrocket in the next year, as the government and private institutions and companies look to shape the final frontier's exploration. Cheddar News dives into the biggest moments of the year in space, and what comes next for space travel and tourism.
Load More