Frederick Scholl, "Cybercrime: A Proposed Solution"
Modern cybercrimes are responsible for $400B dollars of losses on an annual basis. Headlines appear regularly announcing major breaches. Yet few people and businesses understand what happened in such incidents and how to avoid being a victim themselves. The security industry does provide analyses of breach statistics, but effective preventative measures can be lost in the numbers. Virtually all breaches result from technology failure combined with people failure. This presentation will look at actual recent cybercrimes in order to document what happened and what could have prevented that incident. Who carried out the breach? What did they do? What was taken? How could it have been stopped? What was the story behind the breach? Attack types include ransomware, business email compromise, intellectual property theft and breach of Personally Identifiable Information. By being more familiar with current successful threats and breaches you will: · Be able to avoid high risk activities, if possible · Be able to be better prepared to stop such an attack against you or your organization · Be able to optimize security spending and resources for actual attack patterns This presentation is designed for both security professionals and business professionals who want to better secure their assets and processes against the increasing number of cyber criminals.