To remedy the cybersecurity skills gap and fight data breaches, enterprises across the world are looking overseas. How can public-private partnerships help resolve the industry-wide issue?
Just in 2018, there were 500 million personal records stolen. How many records will be stolen by year’s end? According to the RiskBased Data Breach QuickView Report 2019 Q3, at the end of September, there were 5,183 breaches, exposing 7.9 billion records. Compared to the 2018 Q3 report, the total number of breaches was up 33.3 percent and the total number of records exposed more than doubled, up 112 percent.
Benjamin Franklin once said, “By failing to prepare, you are preparing to fail.” These sage words unfortunately describe the dilemma many companies are facing on a daily basis with increasing frequency. Whether because of a lack of resources to commit to cybersecurity or the C-suite’s reluctance to do things differently, companies are suffering from a rash of bad actors seeking to profit from cyberattacks and the loss of data because of negligent handling by insiders.
Both disaster recovery and business continuity are answers to what happens when entropy strikes, things fall apart, and business is interrupted. Resilience is strategy using a set of tools and approaches that make it harder for things to fall apart, and easier and faster to put them back together when they do.
The Government Communications Security Bureau from New Zealand is encouraging public and private sector leaders to get more connected with their organizations’ cybersecurity governance.
