I had the pleasure of catching up with Val Bercovici, Founder & CEO at Chainkit, a Software-as-a-Service company that builds cyber security solutions, with a corporate mission to eliminate blind spots in cyber security and data privacy.
Today we discuss Chainkit & Data Protection, Chains of Custody, and Blockchains - topics CXOs are unlikely to have ever faced in their careers thus far, but now have no option.
#1 - Cyber attacks & Ransomware incidents continue at eye watering levels
We discuss the significant increase in Cyber attacks & Ransomware incidents - we kickoff with Val sharing his take on the current state of what appears to be a tsunami of new incidents of cybersecurity challenges and resulting ransomware incidents, particularly focused on the healthcare industry which understandably was set to occur in light of the fact that the world is dealing with a global pandemic with COVID19, cyber criminals are never slow to take advantage of any opportunity where chinks in the armour appear in any place they can see a way to profit from any type of security exposure.
#2 - The huge impact of COVID19 and life before and after 2020
COVID19 has had a huge impact but didn’t this issue exist prior to 2020, so much so that I don’t think anyone would argue that the impact the COVID19 global pandemic has had is beyond significant with regard to the increase in data protection & cybersecurity, be it the shift to Work From Home for many, or the increased shift to Mobile technology in the likes of hospitals, retail, and service industries as a whole - but the risks and impacts around this space of cyberattacks and ransomware have been around for decades now. We discuss how in Val’s view the current state of the world has changed the landscape of data protection and digital risk and what are you seeing as you spend time with organisations faced with the need to respond.
#3 - Are we at a point now where technology exists to solve this problem
Cyberattacks, cybersecurity, ransomware, data risk and data protection as a whole are not new topics, nor are they new risks, albeit they have seen significant increases due to our pivot to organisations being Data Driven and we live an increasingly Always On, Always Connected world - so the massive growth in risks related to the massive expansion of the attack surface should come as no surprise to anyone, but the question I keep getting in boardrooms is “is there a solution to this, does the technology exist to solve it?” - I ask Val to delve into this, we break this into two parts.
We start with the first part and I ask Val for his take on this, i.e. should it come as a surprise to any bona fide business or technology professional that there has been a significant increase in cyberattacks and ransomware incidents.
And to the second part, I ask Val if the technology exist today, to address and solve the challenge of securing & protecting data and even in the case of successful hacks, have in place chains of custody as it’s called, to be able to track and trace the perpetrators.
We wrap up with a little crystal ball gazing - organisations are now having to navigate their way out of 2020 and ease into 2021 as we reach the end of a long and challenging year, and safely get through the upcoming Christian holiday period Christmas and unknown waters.
I ask Val to share his insights and advice around how organisations should prepare to address the immediate future, as they look to develop business & technology strategy & supporting plans for the next 12 to 18 months?
Tune in now for all of these amazing topics and more, and enjoy a great fireside chat with one of the most innovative thinkers in the world of cyber security, and indeed on of the leading forces in thought leadership in the war against cyber crime.
This podcast was made in partnership with Chainkit.
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