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Carrots and Sticks – Incentivized Cybersecurity Measures

The Economist argues that, "Incentives need to change for firms to take cybersecurity more seriously." http://www.economist.com/news/leaders/21712138-software-developers-and-computer-makers-do-not-necessarily-suffer-when-their-products-go Businesses need both carrot and stick with regard to cybersecurity measures. Yes, legislation will force companies to do the bare minimum; but leaders need to see the upside of creating a thorough cyber risk management program which will make sharing of cyber breaches and mistakes more palatable for corporate boards. A small investment in cybersecurity can pay huge dividends in the future. There are simple [...]

The Developing Cybersecurity Marketplace

The Economist recently published an article, "Cyber-security: The cost of immaturity" in their November 7th edition. In the article, the authors discuss how the "business of protecting against computer hacking is booming." To quote part of their article, "A report by Bank of America Merrill Lynch reckons the market is $75 billion a year now and will be $170 billion by 2020. Not only is demand soaring, but barriers to entry are low. Anyone able to spout out a bit [...]

Cyber Breaches: Four Different Expert Perspectives

PRESS RELEASE Contact: Kat Jimenez, Sales and Marketing Assistant kat.jimenez@layer8cybersecurity.com May 15, 2015  Exton, Pennsylvania – The Greater Philadelphia Alliance for Capital & Technology (PACT) hosted How will you respond to a Cyber Attack: Observe Incident Response Plans in Action, the final cybersecurity seminar in a three part series, featuring Broadpath PR, Cozen O'Connor, Layer 8 Security, and Morris Risk Management on May 7, 2015 at the Philadelphia Marriott West. One of the panel members, Kevin Hyde, from Layer 8 Security, reflected [...]