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Hackers Will Pose a Greater Threat in 2018
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Hackers Will Pose a Greater Threat in 2018

Economist Films
Economist Films, 2017
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Editorial Rating

8

Qualities

  • Eye Opening
  • Overview

Recommendation

In 2017, companies such as Equifax and Verizon reported huge data breaches affecting millions of people. The Economist predicts this problem is going to get worse as hackers scale up cybercrime and the Internet of Things offers new opportunities for cybercriminals to steal your personal data. getAbstract recommends this short, eye-opening video to individuals as well as companies. The rising threat of cybercrime will affect all, warns The Economist.

Take-Aways

  • Cyberattacks will increase in frequency and scale in 2018, and no one is invulnerable.
  • However, some experts are fighting back, including “white-hat hackers” who possess the same skills as cybercriminals but use their abilities to identify security threats.
  • Moreover, the insurance industry is emerging as an improbable hero in the war against cybercrime. Often, organizations have the technology and resources to guard against hacking, but they procrastinate. Lower insurance rates motivate them to act.

About the Speaker

Economist Films produces documentaries that investigate economic, social and political issues.

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    S. C. 7 years ago
    Cyber security insurance as an insurance product. Lucrative or risky for an insurance company to offer? Does it enhance financial well ness of an organization?