Cybersecurity is one of the most important topics in business today; It is something that must be accounted for by all businesses, large or small, due to its ability to disrupt or even paralyze all business functions. What vulnerability and threats are drawing the most attention today? Why? What changes have occurred in Cybersecurity during the past decade or so? What protective and preventative measures are available today? How well do they work? What are their limitations? Who are the hostile “bad actors” today? Does this represent a change? What are potential motivations of the “bad actors”? What advice would you give businesses regarding these threats and protecting against them? What advice would you give individuals regarding these threats …show more content…
A part of this discussion deals with necessary funding for confronting developing treats. Throughout the past decade, cybersecurity budgets and standards have been upgraded to deal with past incidents of developed attacks and the future threats they impose. In addressing this issue, cybersecurity has been the attention of major investments and budget allocations to support both research and its defense fields. For example, North America’s planned IT budget for cyber security was 7.75% in 2006 (Davis) growing tremendously by 2016 and allocating a 35 percent increase from US President’s Fiscal Year investment in overall Federal resources for cybersecurity (The White House). Additionally, in 2012, global defense organizations planned and increased their cybersecurity budgets by 6% over the next year (Defense). These actions are mainly provisions to encounter new vulnerabilities based on previous incidences. Powerful attacks proved vulnerabilities of industrial sized systems and thus showing leads to new forms of local and global terrorism. For example, Stuxnet was a “game changer”, being a first of its kind cyber-attack infecting industrial scaled systems by using sophisticated malware used to exploit machines (Langill). States have placed numerous safeguards to ensure more security in dealing with threats of this nature. In another example, the stealing of 5.6 million user biometric fingerprints created a lifelong identity theft problem which was addressed by the Office of Personnel Management. This has caused behavior analytics to develop standards in determining and protecting your identity (OPM). Overall, the time, energy, and resources allocated for cybersecurity is in proportion to the needs and the seriousness of the threats and as technology advances and the ability to cause damage intensifies, we can forecast a growth in cybersecurity investments for both
The Cybersecurity Act of 2012 and its revised version S.3414 addressed several cyber security needs, which have been often overlooked or opposed. The nation stands vulnerable to cyber-attacks, as everyday technology is revamped and upgraded, while laws to protect the nation creep slowly through Congress. Many politicians have argued that these bills have imposed too much regulation on the cyber world and therefor oppose it (CITATION NEEDED). Congress needs to pass laws and regulations if they wish to help protect the nation from the growing threat of cyber-attacks, which can easily cripple the United States from across the globe. The Quadrennial Homeland Security Review Report reveals that the threat of cybercrime is a growing concern.
The issue of strong cybersecurity efforts in the United States has been especially topical in 2017, and on the rise over the last few years. The Equifax breach and the breaching of the Democratic Party during the 2016 Presidential Election are recent examples that are bringing up the conversation of cybersecurity and make citizens curious of whether or not the United States government has plans in place to deter these events from happening. People are already worried about the damages these attacks can cause with consequences such as stolen information or monetary loss of close to five billion dollars in 2017 alone (cybersecurityventures.com). Although there are already solid plans in place to raise cybersecurity efforts in the United
Today, businesses both large and small face immense cyber threats and must continuously evolve to
Following the US and Israeli Stuxnet attack on Iran’s Nuclear program in 2010, enemy states have been targeting some critical infrastructures and federal government agencies. As the US interest in securing its borders against all threats both domestic and abroad continue to grow, several new threats and vulnerabilities colossus in its cyberspace. In a recent report by Bhattacharyya (2016), “Russian hackers attacked the State Department email system and the Office of Personnel Management reported that 5.6 million Americans’ fingerprints were stolen as
1. UMUC (2012).The Future of Cybersecurity Technology and Policy, CSEC 670 (Module 2). Document posted in University of Maryland University College CSEC 670 9042 online classroom, archived at: http://webtycho.umuc.edu
This source is reliable because it gave realistic examples of how corporations are having a very difficult time dealing with cyber threats. Companies had suffered a huge loss which cause the financial stability to decline. It can be helpful in my research studies because I can explain the dangerous risks for corporations and their
The research paper will take an in-depth view of the current cyber threat and will explore the current efforts taken by the United States in combating the rapidly growing cyber threat. The research conducted will revolve around recent piece of legislation that are said to be the answer to combating cyber-crime. This paper will also look at past efforts and explore their failure and compare with the new piece of legislation to see if it will actually be effective. There are many cyber security techniques which have been implemented in the attempt to thwart the threat and have failed, what makes this approach different.
Cyber terrorism has heated up in the political arena thus becoming economically rewarding in relation to career. There are many projects that have been launched to study to study the threat and experts have addressed the congress on the matter and the danger it pauses in a society.
"The next generation of terrorists will grow up in a digital world, with ever more powerful and easy-to-use hacking tools at their disposal." - Dorothy E. Denning. This is becoming more and more apparent as time goes on. You hear something new every day about some company being "hacked" by the Chinese, Russians, Iranians, or North Koreans. The world we live in is becoming more and more digitized and, perhaps unsurprisingly, the threat of cyber-terrorism is only growing with the evolving technology. Tensions have been rising rapidly largely due to the multiple cyber-attacks being waged every day against various political
In the previous five years, cybersecurity has turned into the most looked for after calling around the world. More than 90 percent of respondents to an overview directed by the Ponemon Institute (2011) detailed being a casualty to cyberattacks amid the most recent year, costing all things considered more than $2 million for each association. This number keeps on ascending as the two programmers and security devices progress. As indicated by PwC, roughly 33% of all U.S. organizations are as of now utilizing digital protection (Lindros and Tittel, 2016).
Securing cyberspace is one of the most important and urgent challenges of our time. In light of the growing threat and the national security and economic ramifications of successful attacks against American businesses, it is essential that corporate leaders know their responsibility for managing and disclosing information security risk. (Rockefeller, Menendez, Whitehouse, Warner, & Blumenthal)
Whether it is Iran targeting American banks or casinos, China hacking into the federal government 's network, criminals attacking companies like Target, North Korea punishing Sony or Russia hacking President Obama’s email, cyber security is a major source of anxiety for the U.S. government and private sector. In a survey, 84% of global financial institutions ranked cyber-risk as one of their top five concerns.
Cybersecurity is an aspect of security that has shaped the way we as a people think and live our everyday lives. For the past 10 years and even before then, this trend of cybersecurity has been a constant topic of both discussion and protection of our data and of our financial assets as well. There have been numerous attacks on companies and federal organizations from big name Fortune 500 companies such as Visa, Target, etc. to big name federal agencies such as National Security Agency (NSA), and Federal Bureau of Investigation (FBI) just to name a couple. This principle of cybersecurity will continue to be something that will always remain a factor in all that we do. According to Bradley (2016), “Unfortunately, we don’t really have a clear vision from any of the candidates of how they intend to address the cybersecurity landscape or cyber threats against the United States if elected”. In 2016, the presidential election has come into full swing, cybersecurity has been something that has come to the forefront of candidates’ campaigns and speeches, the constant question of how can we continue to protect ourselves from cyber espionage.
Cybersecurity is one of many important elements when it comes to information security and how to protect it. From the laws and regulations to who is ultimately responsible and the one to assume responsibility when breaches take place. Whether it is the government or the private sector, someone has to take charge because we all have a vested interest in protecting our families, our businesses and our nation’s security in cyberspace.
Finally, a single academic source was used to outline how cyber threats can be detrimental to systems outside of consumer based organizations.