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This was a week Facebook won't soon forget and for all the wrong reasons.
First, a whistleblower made allegations on 60 Minutes Sunday and before Congress later in the week that the social media giant incentivizes angry posts that cause division. And Monday Facebook, along with Instagram and Whatsapp were down for nearly six hours.
But Facebook says the problem wasn't the result of an outside bad actor breaking through its security, but rather a self-inflicted wound. In this episode of CYBER24, presented by VLCM, we look into the issue and the fallout with Mike Hussey, the former CIO for the state of Utah.
In 2021, every business is an online business and that means you deal with risk. How strategically you manage that risk is critically important when there are cyber criminals who would love nothing more than to take you down for the money or just for the fun of it. In this episode of CYBER24, presented by VLCM, we discuss strategic risk management with Dr. Paul Godfrey, business professor, strategic risk management, and co-author of *Strategic Risk Management, New Tools for Competitive Advantage in an Uncertain Age.
Immediate response to being hit by hackers can send your head spinning and force you to overlook some important steps to take before the problem gets worse. In this episode of the CYBER24 podcast, presented by VLCM, we look at five steps you don't want to overlook when hit with ransomware. Plus, we look at the industries most frequently targeted by hackers.
Guest Expert
Mike Hussey, Utah Division of Technology Services
The recent data breach at T-Mobile exposed the personal data of 54 million people - not all of them customers of the nation's second-largest mobile carrier. Hackers didn't hit the company with ransomware but they are shopping for buyers for as much as $270,000 worth of bitcoin. As much as anything, the breach has raised serious questions about how much data businesses collect and keep, whether they need it or not, and whether or not it's worth the risk.
Guest Expert
Mike Hussey, Utah Division of Technology Services
Whenever you buy or sell something online you can bet there are cyber criminals who would love to hack that transaction. But just what are the risks related to eCommerce and what should your business do about them? We discuss it on this episode of the CYBER24 podcast, presented by VLCM.
Guest Expert
Mike Potter, CEO and Founder of Rewind
It's not just the frequency of cyber attacks that are on the rise, the cost of each of those attacks is up sharply and expected to surpass $10 billion worldwide within five years. In this episode of CYBER24, presented by VLCM, we discuss cyber-attack costs in dollars and more with Rewind CEO Mike Potter.
Guest Expert
Mike Potter, CEO and Founder of Rewind
Over the past several weeks, we've noted the sharp increase in the amount of money hackers are demanding in ransomware cases. Businesses seem to be taking note and they're upping the ante by shelling out big bucks for cyber talent.
Guest Expert
Mike Hussey, Utah Department of Technology Services
Legislators looking to fight back against cyber criminals consider prohibiting state and local law enforcement from paying ransom to hackers. They say making it known they won't negotiate will, ultimately, make them less of a target. But are they right? We discuss it in this episode of the CYBER24 podcast, presented by VLCM.
Guest Expert
Mike Hussey, Utah Division of Technology Services
In order to adequately protect your business, you need to know what kind of threats you face. In this episode of the CYBER24 podcast, presented by VLCM, we look at the importance of risk assessment as well as a military cybersecurity exercise being hosted right here in Utah.
Guest Expert:
Dan Schuyler, NICE
When your business is hit by hackers demanding a ransom to unlock your systems, you quickly realize you are in a desperate position. But, in addition to the immediate problem, you have a decision to make: do you pay the ransom and get back online or do you stand on principle? Lots of factors come into play but a new one has emerged recently, the potential tax advantages of paying up. We look at why mixed incentives are frustrating law enforcement and cybercrime victims in this episode of the CYBER24 podcast, presented by VLCM.
Guest Expert
Dan Schuyler, NIC
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