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This Week: Top Hacker Movies, History of Cybercrime, U.S. Security Czar?

Latest news that keeps you on the cutting edge of cybersecurity

– The editors at Cybercrime Magazine

Sausalito, Calif. – Dec. 7, 2020

Which are the greatest hacking movies of all time? A curated list of movies from Cybercrime Magazine offers up speculative stories of future cyber cultures, worst-case hacker scenarios, and much more. A new interactive table enables readers to explore the flicks and rank their top five. Georgia Tech School of Cybersecurity and Privacy

— For nearly two decades after the creation of the world’s first digital computer in 1943, carrying out cyberattacks was tricky. Avast has contributed a special timeline on the evolution of cyberattacks and cybersecurity solutions over the past 75 years. From phone phreaks to organized cybercrime gangs, they cover it all. Cybercrime Magazine

— According to Cybersecurity Ventures, direct damages are projected to cost the global economy $6 trillion USD annually by 2021, and cybercrime is a colossal barrier to digital trust. Does the U.S. need a cybersecurity czar at the National Security Council (NSC) to define national policy and policy implementation guidance, using objective metrics? CNBC

 — Cybersecurity Ventures predicts global cybercrime will cost global businesses and individuals $10.5 trillion by 2025. FireEye recently shelled out $186 million to buy Respond Software. Is FireEye an irresistible takeover target for seriously hungry big Silicon Valley fish and could they fetch a $10 billion purchase price? Money Morning

— The scale and scope of cyberattacks today and their ever-increasing sophistication means that no business is safe — especially the smallest ones. As many as 60 percent of small businesses go out of business within six months of a cyberattack. While it might be frustrating or seem unnecessary to commit funds to safeguard against cybercrime, the payoff is worth it. Thomas Insights

Cybercrime Radio: From a small desert town to the Googleplex

Heather Adkins, Director of Information Security and Privacy at Google

— A new video — Just the Facts from HPE Security — says your business needs an 11-second plan to protect itself from ransomware, which is expected to infect a business every 11 seconds in 2021, according to research in a report from Cybersecurity Ventures. HPE Technology

— Healthcare will suffer two to three times more cyberattacks than the average amount for other industries next year, according to Cybersecurity Ventures. Healthcare records provide comprehensive information on a person’s identity, which can be sold on the dark web for substantially more than financial records. Med-Tech Innovation

— The UN Office on Drugs and Crime estimates that only one percent of illicit money flowing through the financial system is seized or frozen by law enforcement. Current systems are largely ineffective, The Wall Street Journal reported, because they lack useful real-time feedback on specific cases and types of potential crime. Financial Executives International

— A recent survey by IBM found there was a 6,000 percent rise in COVID-19-related spam, mostly, hackers impersonating government officials and institutions. While hackers don’t discriminate, and anyone can be a victim, they will often go after “vulnerable” populations, including seniors and those on Social Security. USA Herald

5,000 women in cybersecurity — we’re almost there! The @WomenKnowCyber list compiled by Di Freeze, managing editor, and the team at Cybersecurity Ventures. We will continue building the world’s largest list of females fighting cybercrime and working in the cybersecurity industry, now at 4,900 with new names every day. Twitter

Cybercrime TVWho’s the fastest growing email security company

Gil Friedrich, Founder & CEO at Avanan

The cultivation of cyber-hygiene is invaluable in preparing young children for the cyber-unknown. It can decrease the effectiveness of many cyberattacks. Unfortunately, the quality of education — and cyber-education, more specifically — is not entirely consistent around the world. RSA Conference

Cybercrime is currently the third biggest economy after the U.S. and China, according to a report from Cybersecurity Ventures. Award-winning Pan-African technology thought leader Dr. Obadare Peter Adewale believes that cybersecurity can take Nigeria out of recession if properly harnessed. TechEconomy Nigeria

— According to a report from Deloitte and Toronto Financial Services Alliances, Canadian executives view the talent shortage as one of the top five challenges to managing cybersecurity within their organization. EC-Council

COVID-19 has sent cybercrime rates skyrocketing. This is in part due to the increase in remote work, which has opened up the attack surface and made businesses even more vulnerable than ever. Druva and AWS have a new partnership to address the growing threat of ransomware. SiliconAngle

It’s the busiest time of year for everyone, especially cybercriminals. They know surges in online shopping and time constraints can make it easier to catch users off their guard with relevant schemes. KnowBe4 has put together a free holiday resource kit which includes a training video, new infographics, awareness posters, and another video on common holiday scams. Cybercrime Magazine

Cybercrime Bytes Archives

– From the editors at Cybercrime Magazine