CryptoniteNXT in the Media

The grim state of cybersecurity: It’s awful, and it’s only going to get worse

The grim state of cybersecurity: It’s awful, and it’s only going to get worse

This year has witnessed the embarrassing disclosure of 119,000 documents left on an unprotected server by Fedex Corp., a similar compromise of 37 million customer records by Panera Bread Co., the theft of up to 5 million records of Saks Fifth Avenue and Lord & Taylor customers, ransomware attacks at Boeing Co. and the City of Atlanta, and Facebook Inc.’s admission that 87 million customer accounts were compromised prior to the 2016 election.

And it’s only April.

The inescapable fact is, the state of cybersecurity keeps getting worse despite an explosion in the amount of investment and energy plowed into improving it going years back. And it’s only going to get worse, according to the unanimous assessment of 22 security industry chief executives, chief technology officers, security analysts and independent security experts contacted by SiliconANGLE.

Read the rest of this article on SiliconANGLE >

This year has witnessed the embarrassing disclosure of 119,000 documents left on an unprotected server by Fedex Corp., a similar compromise of 37 million customer records by Panera Bread Co., the theft of up to 5 million records of Saks Fifth Avenue and Lord & Taylor customers, ransomware attacks at Boeing Co. and the City of Atlanta, and Facebook Inc.’s admission that 87 million customer accounts were compromised prior to the 2016 election.

And it’s only April.

The inescapable fact is, the state of cybersecurity keeps getting worse despite an explosion in the amount of investment and energy plowed into improving it going years back. And it’s only going to get worse, according to the unanimous assessment of 22 security industry chief executives, chief technology officers, security analysts and independent security experts contacted by SiliconANGLE.

Read the rest of this article on SiliconANGLE >