A Look Into the Crystal Ball: Cybersecurity Predictions for 2018

In this article, FTI's Head of Cybersecurity comments on cyberspace becoming the new battlefield for modern warfare, the rise in malicious state-sponsored activity, the exploitation of information as a weapon for financial, political and other gain, and urges cybersecurity professionals to be prepared to stay ahead of malicious actors.

In this article, FTI’s Head of Cybersecurity comments on cyberspace becoming the new battlefield for modern warfare, the rise in malicious state-sponsored activity, the exploitation of information as a weapon for financial, political and other gain, and urges cybersecurity professionals to be prepared to stay ahead of malicious actors.

The threats to insurers, and all organizations, are growing due to the increasing reliance of business activity on global internet connectivity, as well as the commercialization and professionalization of cyber crime. This potent combination is driving the increased frequency and severity of cyber incidents. In this article featured in Insurance Journal, FTI’s Global Head of […]

The potential financial impact of a global cyber attack today is on par with that of major natural disasters. Financial institutions have historically been targets of cyber criminal actors looking to steal money, client information and proprietary company data. These attacks have typically targeted customers, but alarmingly, since 2016, there has been an increase in campaigns aimed at breaching financial institutions directly.

Recently, we learned that Equifax was breached via a simple web application weakness, and over 143 million consumers’ records were compromised. These records weren’t salacious emails or leaked Game of Thrones episodes; these were the Social Security numbers, home addresses, and the most sensitive financial data of millions of Americans.