Google Creates Its Cyber Security Action Team

By the end of 2021, cyber crime is expected to cost the world $6 trillion and by 2025, this figure will climb to $10.5 trillion, according to Cybersecurity Ventures. They expect the cost of  global cyber crime to grow by 15 percent per year over the next five years, reaching $10.5 trillion USD annually by 2025. If cyber crime were a country it would be the world’s third largest economy after the US and China.

As a response to the cyber crime crisis Google has assembled a group of in-house experts to create a new cyber security advisory team. The initiative is aimed at supporting governments, critical infrastructure organisations, enterprises and small businesses in their cycles of security transformation.

Google claim its new Google Cybersecurity Action Team will have "the singular mission of supporting the security and digital transformation of governments, critical infrastructure, enterprises, and small businesses." In pursuit of this mission, the team will provide services in four key areas:

• Strategic Advisory.
• Trust and Compliance.
• Security Customer and Solutions Engineering.
• Threat Intelligence and Incident Response. 

The costs of cyber crime costs include damage and destruction of data, stolen money, lost productivity, theft of intellectual property, theft of personal and financial data, fraud, disruption to the normal course of business, forensic investigation, restoration and deletion of hacked data and systems, and reputational harm.

"Cybersecurity is at the top of every C-level and board agenda, given the increasing prominence of software supply chain exploits, ransomware, and other attacks.... To address these unprecedented security challenges facing organisations in every industry today, we are announcing the creation of the Google Cybersecurity Action Team," said Thomas Kurian, CEO of Google Cloud. 

The Google Cybersecurity Action Team is part of a company commitment to be the 'best partner' for enterprise and government customers along their security transformation journey. 

• One of the new team's jobs will be to advise customers on their security strategies, including educational content and transformation workshops. 

• Another role of the team will be to simplify customers' "compliance journey" through trust and compliance services that map Google's global compliance certifications to industry control frameworks.

• The team will also be involved with the delivery of threat briefings, preparedness drills, incident support, and rapid response engagements.  

The program is being launched during a very difficult year in cyber security, with both government and private sector groups being hit by attacks.

These have included the SolarWinds hack, discovered in December, which allowed Russian government-backed hackers to compromise at least nine US federal agencies, along with ransomware attacks on Colonial Pipeline in May that disrupted critical supply chains. 

Infosecurity Magazine:     PR Newswire:        HealthcareITNews:   The Hill:     Venturebeat:   

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