By Pratima Harigunani They were supposed to be Red Flags. But security loopholes are turning out to be red carpets that enterprises leave for the bad guys to waltz in on. And these carpets bleed red – on business bottom-lines as well as embarrassed faces. What are we missing here?
Underserved and marginalized populations in the United States and across the world have long suffered from unequal access to the basic human need of healthcare based on factors that should not be relevant: race, gender, ethnicity, geographic location and income, says Maryland Smith’s Ritu Agarwal in a recent American Medical Association “Making the Rounds” podcast.
The cost of a data breach can be a crippling expense for companies and a looming threat. The world record for the largest payout for a ransomware demand, made by an insurance company this year, now stands at $40 million. That’s why it’s so important for companies to figure out how much they should be spending on cybersecurity, says Maryland Smith’s Lawrence A. Gordon, a widely respected pioneer in cybersecurity economics.
The National Security Agency's Laboratory for Telecommunication Sciences (LTS) has awarded research funding for a project titled "Cost-Benefit Analysis of Information Sharing" by professors Lawrence Gordon and Martin Loeb and Research Scholar Lei Zhou at the University of Maryland’s Robert H. Smith School of Business.
Among U.S. Army branches, Infantry, Special Forces and Corps of Engineers are household names. Perhaps “Cyber,” the newest branch, is approaching such status. “We look to do partnerships in how to secure our nation in a cyberattack, based on the reality that targeted attacks can deny or disrupt critical services at the local or city level and reverberate outward," said one of the branch’s leaders, Col. Andrew Hall, in describing the initiative to about 60 cyber and policy experts representing academia, business and government and coming from as far away as Houston, Toronto and Taiwan.
With the University of Maryland's delayed opening due to inclement weather, the 16th annual Forum on Financial Information Systems and Cybersecurity: A Public Policy Perspective will start at 10 a.m. today -- Jan. 8, 2020 in Van Munching Hall, Room 1412. About 60 cyber and policy experts representing academia, business and government will participate. The program, shown below, will be adjusted accordingly.
Common business priorities of brand protection and mitigating liability are especially challenging when you’re Facebook hosting two billion-plus users around the globe, who generate billions of posts a week in more than a hundred languages.