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The Cost of Cybercrime - Let’s Take a Different Perspective

• Cybercrime is reported as a $450B drag on the economy; the absolute number sounds big
• The question to ask: “How big is the global economy?”
• Turns out that this is only 0.57% of the global economy, in 2014 (nominal)
• By way of contrast - how many minutes are in a day?
• • What is 0.57% of your day?
• What it means - we’re doing a good job. Fraud is low. Cybercrime might be on the rise, but for now, it’s at low relative percentages
• Does it mean we don’t matter? No. Don’t be silly. Our efforts are why the numbers are low
• Keep up the good work
• http://www.en.netralnews.com/news/business/read/1249/cybercrime.costs.the.global.economy..450.billion
• https://en.wikipedia.org/wiki/Gross_world_product

Home Depot to Pay Banks $25 Million in Data Breach Settlement

• New settlement with banks
• http://fortune.com/2017/03/09/home-depot-data-breach-banks/http://www.cnbc.com/2017/02/21/home-depot-earnings-q4-2016.html → has autoplay with the same video

Survey: Experience Preferred Over Education When Hiring For Cybersecurity

• The survey of 350 IT security professionals gauged their attitudes toward the skills shortage in cybersecurity. Some 93 percent agreed that experience is more important than qualifications. A further 73 percent claimed that it didn't matter whether IT staff were college graduates when it came to getting the job done.
• Qualifications are considered degrees and certifications
• • The rub -- and what they didn’t ask -- is how do you assess the experience and capability of professionals to sol

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