“What are our cybersecurity protocols?” This question is one that has, undoubtedly, been top of mind for CTOs at numerous corporations and government agencies around the world in the wake of recent ransomware attacks. Given the hundreds of thousands of endpoint devices in more than 150 countries that were infected in the latest global attack, WannaCry, can you blame them?
Cybersecurity stock buying trends are on the rise. According to CNN Money, the PureFunds ISE Cyber Security ETF (HACK), which owns shares in most of the big security companies, was up more than 3 percent in early trading the Monday following the first WannaCry attacks. Positive performance in cybersecurity stocks comes as no surprise as organizations shore up their defenses in preparation for future attacks—big or small. This is the security climate in which we live.
While the numbers have been rising on both fronts, do the affected organizations truly understand what to look for when addressing cybersecurity? Where should the protection start? What obstacles might organizations need to overcome? How can they be better prepared?
Hal Lonas, chief technology officer at Webroot, takes us beyond the sobering wake-up call that attacks like WannaCry bring, and discusses actionable advice companies should consider when fortifying systems against cybercriminals.