ISMG Editors: Ransomware Trends - The Bad and the UglyDiscussion Also Tackles Facial Recognition Tech Debate
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how by nearly every measure, ransomware attacks got worse in 2021; the backlash from privacy experts sparked by the IRS' decision to use facial recognition technology on American taxpayers, which has now been dropped; and why cybersecurity fosters competitive advantage.
The editors - Tom Field, vice president, editorial; Anna Delaney, director, productions; Mathew Schwartz, executive editor, DataBreachToday & Europe; and Suparna Goswami, associate editor, ISMG Asia - discuss:
- Ransomware trends, which include more leaks, more strains of ransomware and higher ransom payments;
- Takeaways from an interview with cybercrime consultant Brett Johnson who explains why it was important for the U.S. Internal Revenue Service to end the use of third-party facial recognition technology for identity verification of taxpayers;
- Highlights from an interview with CISO Adam Evans of Royal Bank of Canada on the role cybersecurity can play as a competitive differentiator.
The ISMG Editors' Panel runs weekly. Don't miss our previous installments, including the Feb. 4 edition discussing how a Russian cyber war could have a ripple effect and the Feb. 11 edition discussing whether the ransomware group BlackMatter has rebooted.