The Future of Privacy, Data, and Cyber Crime and its Impact on the American Business Dream

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There is absolutely no doubt that the world is changing more quickly now, thanks to technology, than at any other time since the Spinning Jenny and the early days of the Industrial Revolution.  The key difference this time around is that the consequences of change have a much wider reach because of the interconnected nature of 21st Century society and the very tools that are driving this revolution.   While there’s much good that has come from our data-driven, technology-centric society, emerging technologies also bring with them serious consequences, not only for individuals, but for national security and overall national economic health and viability.

Steven Chabinsky, CrowdStrike’s General Counsel and Chief Risk Officer, is one of those people who spend a lot of time thinking about the impact of technology on businesses and evaluating first hand the risks that businesses face every day in an interconnected world.  So, when he sat down with Marc Goodman, founder of the Future Crimes Institute, it was certain that a lively and interesting conversation would ensue.

From the possibility of a world without privacy to the certainty of destructive attacks on the Internet of Things and the role of government in protecting data, Chabinsky and Goodman left no issue, no matter how dark, untouched in their conversation.  Here’s a sample:

Steven Chabinsky:  Will destructive attacks begin to focus on the Internet of Things (IoT)?

Marc Goodman:  Destructive attacks against the IoT have already begun. The gaming consoles used by our children have been hacked to spy on them. Refrigerators and DVRs have been subverted via malware to join botnet armies, relaying spam, participating in DDoS attacks and even mining for Bitcoins. Organized crime groups view the computing power of the IoT as a tool, and increasingly will use it to further their illicit activities. They also will create new targeted attacks against specific devices.  For example, there are hundreds of thousands of implantable medical devices in the United States that are online and connect to the Internet, ranging from pacemakers to diabetic insulin pumps to cochlear implants. When your heart is online for your doctor to access, it is also available to the kid next door.

To read the whole interview and find out just how likely medical device attacks really are, hop on over to Security Magazine and Steven’s column here.

Jessica DeCianno

Jessica DeCianno runs all marketing initiatives and strategy for CrowdStrike. Prior to CrowdStrike, she was a Senior Principal responsible for security product go-to-market strategy within SRA International. As one of the founding members of the Netwitness team, she focused on brand creation, product marketing and marketing programs until the successful acquisition by RSA in 2011.

 

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