Cybersecurity News. PHOTO: Cybercrime Magazine.

Cybercrime Bytes: CISOs On TV, Craigslist Founder On Election Security, Dwell Dwindle

Weekly news that keeps you on the cutting edge of cybersecurity

– The editors at Cybercrime Magazine

Sausalito, Calif. – Sep. 7, 2020

This week’s rundown is sponsored by Absolute — New enterprise security trends, threats & opportunities revealed in 2020: The State of Endpoint Resilience™ Report, our annual study of 8.5 million devices. 

Cybercrime TV, the YouTube channel produced by Cybercrime Magazine, is featuring a new series of remote video interviews with cybersecurity company CEOs and Global 2000 chief information security officers (CISOs). Launched during the COVID-19 pandemic, the new programming is supported by our sponsors. Cybercrime TV

Craigslist founder and billionaire philanthropist Craig Newmark wants to protect the upcoming presidential election and the U.S. from influence operations carried out by foreign adversaries seeking to disrupt mail-in voting. To help, he has donated to the National Election Defense Coalition and other non-profit organizations focused on combating cybercrime. Cybercrime Radio

— A Reno, Nev. tech startup, with a 74-year-old co-founder and CEO, aims to revolutionize data security — all from inside an 18-server garage. Crytica Security’s software could change cybercrime dwell times from 197 days to 197 seconds. The company’s goal is to hit the market with its first product by the end of this year. Northern Nevada Business Weekly

— Hacking didn’t always get such a bad rap. For centuries, it meant to chop or cut. But in 1955, members of the Tech Model Railroad Club at the Massachusetts Institute of Technology (MIT) used the word “hack” to mean “fussing with machines.” Fast-forward to today and the need for white hat (ethical) hackers is exploding. Northrop Grumman

— Phishing cyberattacks have managed to scam millions of people and businesses around the world. In fact, the Official Annual Cybercrime Report by Cybersecurity Ventures predicts that cybercrime will cost the world an excess of $6 trillion annually by 2021, up from $3 trillion in 2015. Mashable India

Cybercrime Radio: Craig Newmark, founder of Craigslist

Billionaire philanthropist on cybercrime and election security

— An Amazon IT manager says that cybersecurity is a prime example of how much harder it is to find the right candidate and to adequately assess candidates’ knowledge and skill level during the COVID-19 pandemic. The cybersecurity skills shortage is expected to result in 3.5 million unfilled positions by 2021, according to Cybersecurity Ventures. TechBeacon

The North Dakota Information Technology Department (NDIT), which is led by statewide CIO Shawn Riley, announced it will cover the registration fees for up to 25 schools participating in CyberPatriot, a national cybersecurity competition run by the Air Force to generate interest in technology careers. StateScoop

— Fifteen years ago, global cybersecurity spending was in the $3.5 billion range. Now? Try a cool $1 trillion. That’s the latest prediction from Cybersecurity Ventures on global spending in our market for the 5-year period from 2017 to 2021. One rising segment is serverless security, and PerimeterX has a concept with the potential to become a significant paradigm shift in the cybersecurity field. Silicon Angle

— Ethical (white hat) hacking is a lucrative career with an average salary of up to $90,000 USD. According to the U.S. Bureau of Labor Statistics (BLS), there is a projected 32 percent increase in job opportunities for ethical hackers and information security analysts from 2018 to 2028. EC-Council

— The threat of ransomware was already escalating dramatically before the pandemic. Organizations were falling victim to a ransomware attack every 14 seconds last year, according to research from Cybersecurity Ventures (who now predicts that to reach every 11 seconds by 2021). Data protection and recovery plans have never been more important. FedScoop

Cybercrime TV: Security Awareness Training is Broken

Interview with Ashley Rose, CEO at Living Security

Cybersecurity experts recommend keeping your files backed up either on an external hard drive or in the cloud. This can protect you against data loss or when hackers encrypt your data and demand ransom to give you the decryption key. These ransomware attacks are growing in frequency and Cybersecurity Ventures predicts that they’ll inflict up to $20 billion in damages by 2021. Medium

— The ever-growing cyber threat on the maritime industry is magnified by the COVID-19 pandemic. In response, ZIM, a leading carrier in the global container shipping industry, is deploying its vast experience and long-standing cooperation with cybersecurity experts Konfidas to establish ZKCyberStar, a new subsidiary company offering a full range of cybersecurity services for the maritime industry. Sea News

Former White House CIO, author, and global cybersecurity expert Theresa Payton has agreed to host the popular “CISO Minute” podcast for another year. The 60-second spot airs weekly (every Monday) on the Cybercrime Magazine podcast channel, and is sponsored by KnowBe4. Payton will host through Sep. 2021. Cybercrime Radio

Kristin Judge, founder and CEO at Cybercrime Support Network, is on a mission to build out a national cybercrime reporting infrastructure by 2021. If she can pull it off, then every citizen in the U.S. will be able to dial “211” to report a cybercrime. It’s an ambitious goal and so far numerous states are supporting the initiative. Cybercrime Magazine

— With the introduction of a new learning community program called tccyber, 20Fathoms will provide resources, training and mentorship to Traverse City, Mich. area residents interested in developing the skills necessary to tap into lucrative careers in cybersecurity. MyNorth

More next week.

Cybercrime Bytes Archives

– From the editors at Cybercrime Magazine

Sponsored by Absolute

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