Cyber-attacks are the fastest growing crime in the world as they are increasing in size, sophistication and cost. It is becoming the greatest threat to every company in the world.
In 2016, 3 billion Yahoo accounts were hacked in one of the biggest breaches of all time. The hack has reduced Yahoo’s acquisition value by $350 million. In 2017, the Equifax breach which has leaked 145.5 million customers data is estimated to cost the company over $600 million in total (Ponemon Institute). The recent attack suffered by Marriott in 2018 where 500 million user accounts were stolen is estimated to cost Marriott a total damage of more than $1 billion (Bloomberg). These major cyber-attacks alongside with ransomwares such as WannaCry and NotPetya, are not only getting larger in scale and complexity than previous attacks, but they are clear and present danger signs of our time.
The world leading researcher for cybersecurity facts, figures, and statistic, Cybersecurity Venture predicts cybercrime will cost the world more than $6 trillion annually by 2021, up from $3 Trillion in 2015. As such, leaders of every organizations need to examine their cyber vulnerabilities and be aware of effective cyber defense strategies and solutions to minimize their cyber risks.
This exclusive seminar will provide insights into why most of the current solutions are ineffective against sophisticated threats such as APT (Advanced Persistent Threat) and how the next-generation SOC might be able to deal with them.