- Information technology (IT) personnel often have access to communications, applications and data storage that contains a company’s most valuable proprietary information and trade secrets.
- As a result, espionage actors often consider disgruntled and underpaid IT employees as prime targets for human intelligence recruitment.
- To mitigate this risk, companies should take measures to ensure their IT staffers are happy, well-respected and fairly compensated for their work.
- Because of their access to highly coveted data, they should also be subjected to the same security protocols as the rest of the staff.
– Internet’s “off switch” increasingly used to curb political and economic freedom
– Internet shutdowns were seen 188 times throughout the world in 2018 (see table)
– Democratic India experienced 154 internet shutdowns in just 30 months
– Technologically advanced EU countries Spain and Estonia experienced shutdowns
– Gallup poll shows people more worried about cybercrime than violent crime
– Governments use terrorism and war as reason for ‘internet kill switch’ powers
– Own physical coins and bars rather than ETF or digital gold on a single platform
– Internet shutdowns show physical gold is ultimate protection
Re-Blogged From Stratfor
It’s that other time of year again. The time when the world’s business and political elites gather at an Alpine resort in Davos, Switzerland, to compare notes on the challenges they face. The top risks under discussion this year, released in advance by the World Economic Forum, are cybersecurity and “a deterioration in the geopolitical situation.” The first of these two risks, cybersecurity, represents merely the latest in a long line of threats that have emerged from technological development as states and private actors jockey for an edge over one another. But the second risk, geopolitical deterioration, has not been much of a focal point for several decades. And because geopolitics is the platform on which many other things rest, its deterioration is a threat that affects not only Davos attendees, but also the entire global population.
(FABRICE COFFRINI/AFP/Getty Images)
By Mark O’Byrne – Re-Blogged From http://www.Gold-Eagle.com
– ATMs in US hit by “jackpotting” attacks that empty ATMs in minutes
– FBI warns of attacks in US after similar crimes in Taiwan, Thailand and Europe
– Hackers have stolen c.$1 million from ATMs across the US warns U.S. Secret Service
– Target Diebold Nixdorf machines – #1 global ATM provider, 35% of ATMs worldwide
– Digital deposits increasingly vulnerable – Time to save in physical gold
By Riley Walters – Re-Blogged From The Heritage Foundation
Researchers are concerned over the strength and comprehensiveness of cybersecurity in the U.S., as companies across the country are being targeted in cyber attacks at an increasing rate of both occurrence and cost. Concerns continue to grow as both the number of attacks on companies’ networks and the cost to companies are increasing. The quantity and quality of information being hacked, stolen, destroyed, or leaked is becoming more of a problem for consumers and businesses alike.
The Ponemon Institute recently released its 2015 Cost of Cyber Crime, which analyzes the cost of all cyber crime for a variety of 58 U.S. organizations both public and private. The U.S., in comparison with other nations in the Ponemon study, continues to rank highest in its cost of cyber crime at an annual average of $15.4 million per company.
Ponemon surveyed companies in the areas of finance, energy and utilities, and defense and aerospace—three of the most affected sectors—as well as communication, retail, and health care. The annual cost of cybercrime for these companies has more than doubled since 2010, which then averaged $6.5 million. Of the companies surveyed, the minimum cost to a company was $1.9 million while the maximum cost was as much as $65 million in 2015.
This year, companies saw an average of 160 successful cyber attacks per week, more than three times the 2010 average of 50 per week.