Friday, July 28, 2017

07/28 MIKE AHMADI, SYNOPSYS CYBERSECURITY EXPERT

MIKE AHMADI - CYBERSECURITY EXPERT WITH SYNOPSYS - WHAT BUSINESSES NEED TO DO TO STAY SAFE 

CYBERSECURITY: WHAT ARE THE CURRENT THREATS?

Cybersecurity Expert Provides Insights on What Businesses Need to Do to Stay Safe 
               
The world’s dependence on software and internet connectivity keeps growing. Virtually, everything – healthcare systems, online banking, critical parts of our infrastructure, and more rely on software to function. Securing the software that powers our connected world has become paramount, especially as cybercriminals and hackers are finding new ways to steal information and compromise their targets.

Recently, one attack that has gained popularity with cybercriminals is ransomware. In order to get up and running again, the victims of these attacks are being forced to pay a ransom to those who have hacked into their files.  In the first half of this year high profile cases of ransomware like the WannaCry and NotPetya have dominated the headlines. So far in 2017, 12.3 million records have been compromised, including almost 7.5 million within the business sector.  The average cost of a data breach is $3.62 million, representing a 10 percent decrease from 2016, but still astronomical to a thriving business.
 
Cybersecurity expert Mike Ahmadi will be available on Thursday July 27 to discuss the persistent and growing threat landscape, what’s wrong with the way software is being developed, and the most effective methods for organizations to mitigate risks and do better.

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