Opinions & Analysis

By Anthony Perridge, VP International, ThreatQuotient In 2017, the value per Bitcoin reached over €20,000 (£17,324) - a climax in the hype surrounding the cryptocurrency. However, confidence has been lacking for the price to remain stable. To date, online currencies are more speculation than real means of payment as concerns around security are being raised. An establishment is only possible if users believe in the value’s sustainability, and this applies to every means of payment....

The size of the online gambling industry is expected to approach $75 billion by 2024, driven largely by technological advancements and favourable regulatory shifts. This projected growth presents ample opportunity to companies operating in the industry, but it comes with the drawback of attracting unwanted cybercriminal interest. The online gambling industry has often been a pioneer in developing anti-fraud and device-fingerprinting technology to prevent the abuse of its platforms. But as cybercriminals continue to refine...

By Josh Lefkowitz, CEO, Flashpoint The topic of intellectual property (IP) protection is getting the much-needed attention it deserves on the global stage. Due largely to the U.S. administration’s line on trade negotiations with China, the issue of counterfeit products and international IP theft by state-sponsored actors has risen to the fore. Recent estimates suggest economic espionage in the form of IP theft by Chinese actors costs the U.S. economy up to a staggering $600...

By David Orme, Senior Vice President at IDEX Biometrics With cybercriminals becoming ever-more sophisticated, and identity fraud reaching epidemic levels in the UK, the need for strict customer identification procedures has never been greater for banks and financial institutions. Know Your Customer, or KYC as it is commonly known, is a mandatory framework currently in place to protect financial institutions from fraudulent activities, such as identity fraud and money laundering. KYC, reinforced by the fourth...

The digital world offers many opportunities for business growth however it exposes organisations to new cyber risks. Weak cyber security can leave organisations exposed and the revenue repercussions can be severe. Joe Collinwood, CEO at CySure identifies the risks and how to mitigate them. The benefits of operating in the digital world presents many opportunities to small and medium enterprises (SMEs) however it opens organisations to a host of cyber risks. Although cybercrime is the...

By Dr Darren Williams, CEO and Founder Of Cyber-Security Firm, BlackFog Antivirus software was born over 30 years ago when computers were still relatively new. At that time, antivirus software was king as it defended against one of the only existing threats – viruses. However, 30 years on much has changed – and in the world of technological advancements, three decades might as well be a lifetime. The threat landscape we see today is vastly...

Written by Jake Olcott, VP Government Affairs, BitSight If you’ve glanced at the opinion columns of security industry publications, you’ve probably seen the term “risk-based” floating around, as in “the time is now for a comprehensive, risk-based approach” or “a risk-based approach to security is key to business alignment." However, many of these articles fail to define what exactly a risk-based approach to cybersecurity is. And that’s a problem — without a solid understanding of...

By Spencer Young, RVP EMEA, Imperva A year ago, it seemed as if you couldn’t open a newspaper or business magazine without encountering the dread letters GDPR. So you’d expect businesses to have heeded the warnings, and implemented the systems and technologies they needed to avoid the swingeing fines applicable under the new regulations. Not a bit of it. In fact, in the first six weeks following the imposition of GDPR, data breaches rose by...

Written by Josh Lefkowitz, CEO of Flashpoint Data breaches are costly. According to a recent Ponemon Institute study, the average breach costs an organisation $3.86 million. A separate study found that, although the share price of breach-affected companies shows its sharpest drop 14 days after the breach is made public, there is still a discernible impact on the organisation’s stock valuation three years post-event. Business impacts at this level affect the fundamental financial performance and...

Written by Bernard Parsons, founder and CEO of Becrypt I recently attended CYBERUK which is the UK government's flagship cybersecurity event hosted by the National Cyber Security Centre (NCSC). The event features world-class speakers, and opportunities for interaction between the public and private sectors. It was a fascinating couple of days, partly as Becrypt is working with government on projects featured at the event, but it was also a great opportunity for the Cyber Growth...