Future of Cyber-security Economy
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The document discusses the future of the cybersecurity economy. It notes that the global cybersecurity market has grown exponentially from $3.5 billion in 2004 to an estimated $125 billion in 2017. It also discusses several trends driving continued growth, such as the increasing number of connected devices and growing threats like ransomware and advanced persistent threats. The document argues that an economic perspective is needed to understand the challenges around cybersecurity and improving defenses.
Future of Cyber-security Economy
- 1. 1 www.Kahkeshan.com Future of Cybersecurity Economy • Behnaz Aria • VP,EDU Manager • PhD, MBA MCSA , Master CIW , CTT+,CRISC ISO 27001 ,ISO 22301 Lead Auditor ISO 20000 Auditor ITIL V3.0 Specialist, ITIL V2.0 Service Manager www.Kahkeshan.com
- 2. 2 © Behnaz Aria 2017 © Behnaz Aria 2017
- 3. 3 Advanced Persistent Threat: APT Advanced Persistent Threat © Behnaz Aria 2017 Targets of APT Political Economic Technical Military © Behnaz Aria 2017
- 4. 4 Drone Hacking Mobile threats Ransomware Attacks Vulnerability exploits Hardware and firmware threats IoT malware Machine learning : social engineering attacks Hacktivists: privacy issues Cyber espionage: industry and law enforcement Smart Medical Devices and Electronic Medical Records Critical Infrastructure cyber attacks Cloud computing providers infection © Behnaz Aria 2017 In 2004, the global cybersecurity market was worth $3.5 billion By 2017 it will be worth at least 35X that amount! © Behnaz Aria 2017
- 5. 5 Many of the problems plaguing cybersecurity are economic in nature © Behnaz Aria 2017 Decision makers in industry and government refusing to take necessary protections because data explaining the magnitude and nature of the most significant threats just isn’t there. © Behnaz Aria 2017
- 6. 6 Top 15 statistics in: © Behnaz Aria 2017 CYBERCRIME © Behnaz Aria 2017
- 7. 7 SPENDING © Behnaz Aria 2017 JOBS © Behnaz Aria 2017
- 8. 8 UNEMPLOYMENT There are 1 million cybersecurity job openings in 2017, and that is projected to exceed 1.5 million by 2019. The bobs gap creates opportunity for a more diverse workforce - a chance for women and minorities to enter the trillion dollar cybersecurity field. © Behnaz Aria 2017 TRAINING The security awareness training market is predicted to reach $10 billion annually by 2027. Training employees how to recognize and defend against cyber attacks is the most underspent sector of the cybersecurity industry. © Behnaz Aria 2017
- 9. 9 HEALTHCARE Global healthcare cybersecurity spending is predicted to exceed $65 billion cumulatively over the next five years, from 2017 to 2021. As the healthcare industry continues digitizing all of its information, it continues to attract more attention from cybercriminals. This dynamic will be one of many contributors to the growth of the healthcare security market over the next decade. © Behnaz Aria 2017 RANSOMWARE Ransomware attacks on healthcare are predicted to quadruple by 2020. The biggest cyber threat facing healthcare providers:ransomware © Behnaz Aria 2017
- 10. 10 IDENTITY 300 billion passwords will require cyber protection by 2021. The tally includes 100 million human passwords, and 200 million machine (Internet of Things) passwords. Some experts venture the number of passwords may grow even larger than the recent forecast. © Behnaz Aria 2017 MOBILE Wi-Fi and mobile devices are predicted to account for nearly 80 percent of IP traffic by 2025. Wi-Fi and mobile devices will account for 66 percent of IP traffic by 2020, up from 48% in 2015, according to Cisco. The shifting traffic landscape will require CISOs and IT security teams to devote more resources to mobile security. © Behnaz Aria 2017
- 11. 11 EXPLOITS Zero-day exploits will rise from one-per-week in 2015 to one-per-day by 2021. Although strides are being made to produce more secure code through the use of automation and better tools, the sheer volume of code being produced is enormous. And it’s only going to grow exponentially to meet the thirst for software for web applications, mobile hardware and devices connected to the Internet of Things. © Behnaz Aria 2017 CODE 111 billion lines of new software code will be created - and needs to be secured - in 2017. IT security teams and developers are challenged to keep up with the rapidly expanding application attack surface - which is being fueled by a massively expanding mobile and web app economy. © Behnaz Aria 2017
- 12. 12 HUMANS 4 billion people are expected to be online - and need cyber protection - by 2020, up from 2 billion plus last year. By 2030 the human attack surface might equal the world's population, which is projected to reach 8.5 billion by then, up from 7 billion now. © Behnaz Aria 2017 CYBER-ATTACKS Nearly half of all cyber-attacks are committed against small businesses. Small businesses — who don’t train their employees on security risks — are susceptible to the Business Email Compromise scam (BEC), which the FBI says has led to over $3 billion in losses. © Behnaz Aria 2017
- 13. 13 HACKERS 65 percent of respondents to a poll say black-hat hackers are more experienced than white-hats. Black-hats are motivated by money, espionage, notoriety, and malicious intent… and they are faster, more daring, and more experienced than white hats who are constrained by boundaries and rules. © Behnaz Aria 2017 The existence of an information asymmetry does not necessarily mean that society is not investing enough in security nor that too much money is being allocated. Rather, it simply means that we are likely not investing in the right defenses to the ideal proportion! © Behnaz Aria 2017
- 14. 14 An economic perspective is essential for understanding the state of cybersecurity today, as well as how to improve it moving forward. Raise awareness to cybersecurity issues and assign responsibility for action within the private sector so that the risks to society may be mitigated. © Behnaz Aria 2017 © Behnaz Aria 2017
- 15. 15 [email protected] © Behnaz Aria 2017 behnazaria Source: csoonline.com isaca.org آﻣﻮزش ﺧﻮش ﺗﺠﺮﺑﻪ