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Breaking Analysis: Chaos Creates Cash for Criminals & Cyber Companies

SiliconANGLE theCUBE
68.9K subscribers
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160 views 3 years ago
The pandemic not only accelerated the shift to digital, it highlighted a rush of cyber criminal sophistication, collaboration and chaotic responses by virtually every major company on the planet. The SolarWinds hack exposed supply chain weaknesses and so-called island hopping techniques that are exceedingly difficult to detect. Moreover, the will and aggressiveness of well-organized cyber criminals has elevated to the point where incident responses are met with counter attacks designed to both punish and extract money from victims via ransomware and other criminal activities. The only upshot is the cybersecurity market remains one of the most enduring and attractive investment sectors for those that can figure out where the market is headed and which firms are best positioned to capitalize. ...more
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Breaking Analysis: Chaos Creates Cash for Criminals & Cyber Companies
2Likes
160Views
2021May 8
The pandemic not only accelerated the shift to digital, it highlighted a rush of cyber criminal sophistication, collaboration and chaotic responses by virtually every major company on the planet. The SolarWinds hack exposed supply chain weaknesses and so-called island hopping techniques that are exceedingly difficult to detect. Moreover, the will and aggressiveness of well-organized cyber criminals has elevated to the point where incident responses are met with counter attacks designed to both punish and extract money from victims via ransomware and other criminal activities. The only upshot is the cybersecurity market remains one of the most enduring and attractive investment sectors for those that can figure out where the market is headed and which firms are best positioned to capitalize.

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SiliconANGLE theCUBE

68.9K subscribers