Cyber Attacks Do More Damage Than Physical Attacks

Previous Head the US Dept. of Homeland Security thinks that digital attacks are now more dangerous & damaging than physical attacks.

If you still doubted the importance of stronger digital security to businesses even after the now-infamous Sony Pictures hack of 2014,  Former US secretaryf the Department of Homeland Security Tom Ridge’s comments at the Concordia Summit recently in New York might convince you. The former (and first ever) secretary of was part of a panel on cybersecurity, and opened his remarks by mentioning recent incidents in New York, New Jersey, and Paris.

“Notwithstanding the pain and horror associated with a physical attack,” Ridge said, “the potential for physical, human, and psychic impact with a cyber-attack, I think, is far more serious.”

That’s right: Digital attacks are now more dangerous and damaging than physical attacks, Ridge argues. Ridge made his case further by adding that a cyber-attack can have “much more significant impact on the country’s psyche… We live in the digital forevermore, and that risk is dynamic, it continues to morph, continues to get more serious, actors get better financed.

That “digital forevermore” is an apparent pet phrase of Ridge’s these days, and it makes sense. While the Sony hack is everyone’s favorite example, big companies like Home Depot, Anthem, Blue Cross, Starwood, and Target have been targeted in the past two years. Many different news outlets called 2015 “the year of the hack.”

And it isn’t always hacker groups, but too often, countries hacking each other. “Nations are using cyber as an element of national power,” said retired US Army General Keith Alexander, “not only to collect information but to hit other countries. It’s continued and will continue to grow.”

One potential solution, the panelists agreed: better sharing of information between governmental departments, and between government and the private sector. Reginald Brothers, Homeland Security’s undersecretary for science and technology, stressed the need for information-sharing. In late April, Brothers helped organize Homeland Security Day in Silicon Valley, an “ideation event” where representatives of the government brainstormed and collaborated with tech entrepreneurs in Menlo Park.

Brothers said a topic of particular interest was what Homeland Security can do with respect to the Internet of Things, a now-common term for the many Web-connected devices that fill our homes and lives.

“In this whole idea of partnering up with industry, a huge part is information-sharing with respect to threat factors,” Brothers said, “but a second part is getting the creativity from all of you to help us do the best job we can for the department and the nation.”

Ridge’s point, Alexander’s point, and Brothers’ point can be taken in tandem, cyber-attacks are getting worse; they are now coming even from nations, not just hacker groups; the damage of cyber-attacks can often be worse than physical attacks; and if Silicon Valley innovators can work with government, the threats could be somewhat alleviated.

Yahoo Finance
 

« AI Is Replacing Human Made Decisions In The US Military
Something To Hide? Apple Will Share Your iMessages With The Police »

ManageEngine
CyberSecurity Jobsite
Check Point

Directory of Suppliers

Authentic8

Authentic8

Authentic8 transforms how organizations secure and control the use of the web with Silo, its patented cloud browser.

LockLizard

LockLizard

Locklizard provides PDF DRM software that protects PDF documents from unauthorized access and misuse. Share and sell documents securely - prevent document leakage, sharing and piracy.

Resecurity

Resecurity

Resecurity is a cybersecurity company that delivers a unified platform for endpoint protection, risk management, and cyber threat intelligence.

Directory of Cyber Security Suppliers

Directory of Cyber Security Suppliers

Our Supplier Directory lists 8,000+ specialist cyber security service providers in 128 countries worldwide. IS YOUR ORGANISATION LISTED?

ZenGRC

ZenGRC

ZenGRC (formerly Reciprocity) is a leader in the GRC SaaS landscape, offering robust and intuitive products designed to make compliance straightforward and efficient.

CERT-EU

CERT-EU

CERT-EU is a permanent Computer Emergency Response Team for the EU institutions, agencies and bodies.

Lookout

Lookout

Lookout is the data-centric cloud security company that uses a defense-in-depth strategy to address the different stages of a modern cybersecurity attack.

Avatier

Avatier

Avatier identity management software products automate identity access management, user provisioning and IT governance to ensure information security and compliance.

RiskRecon

RiskRecon

RiskRecon makes it easy to gain deep, risk contextualized insight into the cybersecurity risk performance of all of your third parties.

Directory of Cyber Security Suppliers

Directory of Cyber Security Suppliers

Our Supplier Directory lists 8,000+ specialist cyber security service providers in 128 countries worldwide. IS YOUR ORGANISATION LISTED?

X-Ways Software Technology

X-Ways Software Technology

X-Ways provide software for computer forensics, electronic discovery, data recovery, low-level data processing, and IT security.

Octo

Octo

Octo, an IBM company, is a technology firm dedicated to solving the Federal Government’s most complex challenges, enabling agencies to jump the technology curve.

IoTeX

IoTeX

Building the connected world. IoTeX is a fast, secure, and decentralized platform that connects real world devices/data to the blockchain.

Institute for Pervasive Cybersecurity - Boise State University

Institute for Pervasive Cybersecurity - Boise State University

Boise State University’s Institute for Pervasive Cybersecurity is a leader of innovative cybersecurity research and advancement in Idaho and the region.

Cufflink

Cufflink

Cufflink makes your business more secure, compliant and trusted. We limit the likelihood and impact of a data breach by controlling exactly what can and can't be done with personal data.

KBE Information Security

KBE Information Security

KBE is a global consulting firm, with offices in Toronto and Milan, which specializes in the area of IT and information security with over 20 years of experience.

Systems Engineering

Systems Engineering

Systems Engineering is a SOC 2, Type 2-certified IT strategy and managed technology services provider.

Permiso Security

Permiso Security

Permiso combines industry leading Identity Security Posture Management with Identity Threat Detection and Response, leaving no place to hide for identity threats lurking in your environment.

Blackwired

Blackwired

Blackwired has established a new category in cyber security with an intelligence-led model based on the USMC’s Combat Hunter programme ‘Left of Bang’.

SafeAeon

SafeAeon

SafeAeon is a leading Cybersecurity-as-a-Service provider, offering 24x7 premium Managed Security Services with AI-powered and Human-driven 24x7 SOC.

Blockaid

Blockaid

Blockaid is the onchain security platform for monitoring, detecting, and responding to onchain and offchain threats.