CHRONICLE'S BIZ" SPONSORED IN PART BY GEORGIA POWER.
>> A 2017 REPORT ESTIMATES
DAMAGES FROM CYBERTHREATS COULD
TOTAL MORE THAN $6 BILLION BY
THE YEAR 20201.
IT DOES NOT SEEM LIKE A DAY GOES
BY WHERE WE DON'T HEAR A
BUSINESS HAS BEEN HIT BY
HACKERS POTENTIALLY
HACKERS POTENTIALLY COMPROMISING THE PRIVATE
INFORMATION OF EMPLOYEES AND
CUSTOMERS ALIKE.
CUSTOMERS ALIKE. NOW COMES THE ADDED LAYER OF
SECURITY RISK AND LIABILITY.
JOINING ME TODAY TO DISCUSS,
DOCTOR PAUL JUDD AND TONY.
THANK YOU BOTH FOR BEING HERE.
>> WHY ARE WE HEARING ABOUT
CYBERTHREATS AND HACKS SO MUCH
MORE FREQUENTLY NOW?
>> WE ARE ALL REALLY CONNECTED
AND THAT BRINGS OUT THAT
AWARENESS AND THE IMPACT CAN BE
FOR THINGS LIKE BANKING AND
THINGS LIKE EVEN ON SOCIAL
MEDIA UP.
MEDIA UP.
MEDIA UP. >> THE ATTACKS ARE BIGGER AND
REACHING THE COMMON PERSON.
WHEN I FIRST STARTED THEY WERE
JUST HIT THE LARGE ENTERPRISES
AND NOW THEY HAVE TO WORRY.
>> THAT TYPE IS OUT THERE TO
KEEP US SAFE AND OUR BUSINESSES
SAFE.
SAFE.
SAFE. >>
SAFE. >> THERE IS TECHNOLOGY ON THE
OTHER SIDE AND IT IS
INTERESTING.
INTERESTING. THEY ARE CRAFTY AND
INTELLECTUAL BUNCH.
INTELLECTUAL BUNCH. THEY HAVE A LOT OF SMART PEOPLE
ON THEIR SIDE FIGURING OUT WAYS
TO SPEND MONEY AND WE HAVE TO
FIGURE OUT WHAT THEIR ABILITY IS
AND HOW DO WE DEFEND AGAINST IT
AND PREVENTED.
AND PREVENTED. >> WHO IS AHEAD?
>> IT HAS BEEN A CAT AND MOUSE
GAME FOR A WHILE. I
WISH THE GOOD GUYS WERE FURTHER
AHEAD.
AHEAD.
AHEAD. THERE ARE A LOT OF TECHNOLOGIES
TO BE MORE PREDICTIVE AND KEEP
OUT OF -- KEEP US OUT OF THAT
BACK AND FORTH BATTLE
>> ARE THERE CERTAIN INDUSTRIES
THAT ARE MORE SUSCEPTIBLE WITH
HEALTHCARE OR'S FINANCIAL
SERVICES?
SERVICES?
SERVICES? >> TRADITIONALLY, IT HAS BEEN
FINANCIAL SERVICES.
FINANCIAL SERVICES. BUT NOW WITH OUR
INTERCONNECTEDNESS AND EVEN
PERSONALLY AS WE ARE ABLE TO
MAKE PAYMENTS DIRECTLY TO OTHER
FOLKS YOU START TO GET INTO
OTHER INDUSTRIES.
OTHER INDUSTRIES. LIFE SCIENCES AND CONSUMER
PRICE RETAIL AND THE USE OF
TECHNOLOGY TO ENABLE THE
BUSINESSES.
BUSINESSES. >> THEY BECOME SOUL -- SO
EFFICIENT AT STEALING MONEY AND
NOW THEY WILL STEAL FROM ONE
PERSON AT A TIME.
NOW THEY CAN GO AFTER
INDIVIDUALS WITH IDENTITY THEFT
AND TAKING OVER YOUR ACCOUNTS
AND IT ENDS UP.
>> WHAT CAN COMPANIES DO?
BUSINESS OWNERS WHO ARE
WATCHING AND EXECUTIVES
WATCHING ARE ASKING WHAT DO I
DO?
DO?
DO? >>
DO? >> ONE IS TO REALIZE THIS IS
BIGGER THAN A TECHNOLOGY
PROBLEM.
PROBLEM.
PROBLEM. TECHNOLOGY CAN AUTOMATE
COMPLEXITY AND ANALYSIS BEHIND
WHAT THE THREATS ARE AND
VULNERABILITIES BUT ULTIMATELY
YOU HAVE TO TAKE THE
INFORMATION AND MAKE IT
ACTIONABLE IN TERMS OF WHAT IS
IMPORTANT FOR THE BUSINESS.
>> TRADITIONALLY IS THE WEAKEST
LINK.
LINK.
LINK. IT
LINK. IT DOESN'T WORK IF NOBODY
DOESN'T TURN IT ON.
>> THAT SOUNDS LIKE EMPLOYEES
WHEN I THINK ABOUT THE WEAKEST
LINK SOMETIMES ITS EMPLOYEES
WHO LEAVE INFORMATION OUT AND
WHAT ABOUT THINGS LIKE
INSURANCE.
INSURANCE. TWO COMPANIES NEED TO HAVE SOME
TYPE OF INSURANCE TO PROTECT
AGAINST THESE TYPES OF
LIABILITIES?
LIABILITIES? >> YES.
>> YES.
>> YES. IT IS A THING NOW AND A REAL
RISK. DATA BREACHES ARE
HAPPENING EVERY DAY IN GETTING
BIGGER AND BIGGER AND THE COST
OF RECOVERING IS INCREASING.
SOME TYPE OF RISK MITIGATION IS
A USEFUL BUSINESS TOOL.
>> THE INTERNET OF THINGS AND
YOU MENTIONED ABOUT BEING
CONNECTED.
CONNECTED. WHAT KIND OF AND OPPORTUNITY
DOES THIS CREATE FOR HACKERS
BUT FOR BUSINESSES TO GET AHEAD
OF IT.
OF IT.
OF IT. >>
OF IT. >> THERE ARE TREMENDOUS
INNOVATIONS COMING OUT TO USE
TECHNOLOGY AND USE AMAZING
THINGS AND WHAT HAS LAGGED
BEHIND IS THE THINKING BEHIND
IT.
IT.
IT. >>
IT. >> THE LINE BETWEEN THEM HAS
BLENDED AND DISAPPEARED.
IT'S A MATTER OF LIFE AND DEATH
NOW.
NOW.
NOW. >>
NOW. >> WHAT DO YOU DO TO STAY AHEAD
OF THIS IS A BUSINESS OWNER.
>> IT'S TOUGH.
WE'VE BEEN IN THE BUSINESS A
PIN DROP AND OTHERS AND
SECURING ENTERPRISES AND
KEEPING THEM SAFE AND WE HAVE
HUNDREDS OF EMPLOYEES WE HAVE
TO KEEP SAFE AND WE HAVE TO
STAY AHEAD OF WHAT IS HAPPENING
WITH DATA SECURITY.
HOW DO WE TAKE CARE OF
ENCRYPTION AND EMPLOYEES BEING
MORE REMOTE AND IT INVOLVES
QUICKLY AND WE HAVE TO STAY
AHEAD OF IT.
>> IT SOUNDS LIKE THE NEW NORMAL
FOR EVERYONE.
FOR EVERYONE. >> IT IS THE NEW NORMAL.
FOR OUR ORGANIZATION, THE
INFORMATION AND DATA WE PROTECT,
THE TOP CLIENTS AROUND THE
WORLD IN OUR SECTOR.
>> THANK YOU FOR JOINING US AND
I'M SURE WE WILL HAVE YOU BACK
TO TALK ABOUT THIS.
IT'S NOT GOING ANYWHERE, RIGHT?
>> THANK YOU.
>> THANK YOU SO MUCH.
>> NOW FOR OUR PHOTO OF THE
WEEK.