Unexpected Insights Regarding Cybersecurity Industry - i-HLS - Israel Homeland Security

Unexpected Insights Regarding Cybersecurity Industry - i-HLS - Israel Homeland Security

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RSA 2020 annual information security conference held in San Francisco during the last week of February focused on the Human Element in cybersecurity. Rohit Ghai, RSA President, said: “I feel that we have lost control of the narrative as an industry, and we need to take that back and make sure we clarify the role of all the human characters in our story.”


His recipe for changing the security narrative is part celebration of the industry’s successes and part denial of financial gain for threat actors, according to siliconangle.com.


71% of the cyber attacks are financially motivated, he said citing Verizon’s 2019 data breach report. Estimates are that ransomware attacks alone cost US government agencies and businesses over $7.5 billion in 2019. 


The advantage of cyber attackers vis a vis the security industry lies in the fact that they are more organized. Rohit claims that while the industry prepares for the most complex events and techniques, in fact, most of the attacks are not sophisticated.


One of the problems is professional exhaustion. The fear from breaches, the amount of information and know-how required for constant updating is exhausting, and this impairs defense capabilities. Additional problems are connected with deficient communication with users, business and counterparts. 


Rohit calls for focus on resilience. Cyber security industry should reiterate the defenders’ narrative and share stories of success, not just breaches and failures, although it is clear that it is impossible to win in each and every event. 


Atlanta is an example to a city that sustained a ransomware attack. It didn’t win, but neither the hackers, because the city refrained f ..

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