Cyber Security Factoids

October 31, 2016

I came across “Luxembourg to Become a Cyber Security Hub.” I usually ignore these blue chip consulting firm public relations love fests. I did not some interesting factoids in the write up. Who knows if these are correct, but some large organizations pay a lot of money to have the MBAs and accountants deliver these observations:

  • “In Luxembourg, 57%* of players expect to be the victim of cybercrime in the next 24 months.” (I assume that “players” are companies which the consulting firm either has as clients or hopes to make into clients.)
  • There are four trends in cyber security: “1) digital businesses are adopting new technologies and approaches to Cyber Security, 2) threat intelligence and information sharing have become business-critical, 3) organizations are addressing risks associated with the Internet of Things (IoT), and 4) geopolitical threats are rising.”
  • “In the 2017 Global State of Information Security Survey, PwC found more than 80% of European companies had experienced at least on Cyber Security incident in the past year. Likewise, the number of digital security incidents across all industries worldwide rose by 80%. The spending in the Cyber Security space is also increasing with 59% of the companies surveyed affirming that digitalization of the business ecosystem has affected their security spending.”
  • Companies the consulting firm finds interesting include: “Digital Shadows from the UK, Quarkslab from France, SecurityScorecard, enSilo, Skybox Security and RedOwl from the US, NetGuardians from Switzerland,Ironscales and Morphisec from Israel, and Picus Security from Turkey.”

Interesting.

Stephen E Arnold, October 31, 2016

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