SiGMA

Cybersecurity: Why you should take matters into your own hands?

Posted:: Nov 24, 2020 17:55 Category: Deep Tech , Europe , Posted by Luke Scerri

Senior Cybersecurity Consultant Alexandre Ouaknine, joins SiGMA to talk about the necessity of cbersecurity and why you should take matters in your own hands

Ouakine starts the video by stating three facts which he then attempts to tie-in to his main focus in the monologue, and he says that 

  • Organisations worldwide will fall victim to a ransom or attack once every 11 seconds
  • Damages caused by Cybercrime will cost the world 6 trillion dollars annually 
  • Malta, Greece and Romania are the countries to most likely fall victim to a cbyer attack 

He then uses the analogy of a terrifying hypothetical horror movie that includes thre iconic horror film characters;  Freddy Kruger, Jason Voerhees and Leatherface. He then goes on to saying that the experience of the movie is akin to what a company experiences when cyberattacked. 

‘Freddy Kreuger is a virus. He was introduced in to your company through [various ways], and when he’s in, he’s going to introduce Jason Vorhees and Leatherface. Jason is going to take a copy of every single one of your files and send it to the cloud, then, he’s going to encrypt every single one of them, whilst Freddy Kreuger calls you and tells you that he’s turning your dream company into a nightmare. Now you have a choice, and a time limit.’

He then goes on to elaborate on this analogy, comparing the three characters to different aspects of cybercrime, whilst always pointing towards and emphasizing the importance of, rather than prevention, have a cybersecurity specialist investigating the happenings, and prepared to undego studies and analysis to understand how best to trace or defend oneself against such crimes.

About SiGMA Europe Virtual Expo:

The future of events is here. SiGMA Europe is delighted to announce, for the very first time, an innovative new Virtual Expo taking place on 24th and 25th November, 2020, from the comfort of your own screen. Hot on the heels of the success of the SiGMA Asia and SiGMA Americas Digital Summits, we are elevating your online event experience even further in the form of a fully interactive, state-of-the-art virtual events space, including a brand-new cutting-edge expo floor. Check the full agenda here and register for free!

 

 

Related Posts

BC.Game and AffPapa announce new…

Innovative crypto-casino operator – B.CGame, and the ultimate iGaming directory for Affiliates and Operators – AffPapa Operating under a Curacao…

iGaming jobs in Malta bounce…

Boston Link survey reveals an influx of new, MGA-licensed operators setting up business in Malta, despite COVID-19. Report by Ramona…

UKGC fines EU Lotto £760k…

EU Lotto, has been issued a formal warning for the failures that occurred between October 2019 and November 2020 The…