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).
Verizon is teaming with Amazon's Project Kuiper low-orbit satellites to help improve communications and internet connectivity. Sampath Sowmyanarayan, chief revenue officer for Verizon Business, joined Cheddar to talk about the relationship with Amazon and what customers can expect from the strategic partnership. He noted that the 5G expansion via the satellite network will benefit rural communities where internet and wireless access remains difficult.
Social media platforms TikTok, Snapchat, and YouTube are facing questions in DC about consumer protections, data security, and product safety for young users. Emily Birnbaum, tech lobbying and influence reporter at Politico, joined Cheddar to provide some background into what led to the congressional hearing and the potential outcome. Birnbaum noted that social media platforms have been attempting to distance themselves from Facebook and the ongoing bad press it garnered in recent months.
Cisco's Webex Hologram is looking to transform workspaces with augmented reality technology. Jeetu Patel, EVP and general manager of security and collaboration at Cisco, joined Cheddar to provide some details about the virtual workspace and discuss the industries that might benefit most from it. "We're in the era of flexibility and choice and inclusivity, where people want to make sure that they can work on their terms so that they've got complete flexibility in how they structure the day," Patel said.
Apple could soon face a Department of Justice antitrust lawsuit after intensifying its probe into the tech giant, according to a report. The added scrutiny comes after the tech giant had already faced questioning in Washington and concluded an antitrust case brought by Epic Games.
John Nosta, WHO Technology Expert, joins Cheddar News to discuss evolving technology in the healthcare industry and the role 5G is playing in advancing healthcare delivery.
A stacked week of earnings this week as Facebook, Twitter, Amazon and several others gear up to release their quarterly results. Earnings have so far exceeded expectations despite supply chain concerns and the ongoing pandemic. Daniel Newman, Futurum Research principal analyst, tells Cheddar which companies he's paying attention to this week.
Last week, shares of Digital World Acquisition Corp skyrocketed after following Former Present Trump's announcement that he would be partnering with the company as part of a Special Purpose Acquisition Company, or SPAC. Christian Munafo, Chief Investment Officer of Liberty Street Advisors and portfolio Manager of the Private Shares Fund broke down the latest, including whether or not Wall Street is currently experiencing a SPAC boom.