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John Vigouroux CEO M86 Security (acquired by Trustwave). March 21, 2012. Cybercrime: The Growing Threat. Billions. $350 $300 $250 $ 200 $150 $100 $50 $0. >$330B. Daily occurrences of targeted attacks grows 400% during 2011 Symantec Intelligence Report. Targeted Attacks
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John VigourouxCEO M86 Security (acquired by Trustwave) March 21, 2012
Cybercrime: The Growing Threat Billions $350 $300 $250 $200 $150 $100 $50 $0 >$330B Daily occurrences of targeted attacks grows 400% during 2011 Symantec Intelligence Report Targeted Attacks Accelerating Growth >$200B >$100B Annual Cost of Cybercrime $21B $17B Security Market $11B $22B $33B $37B $43B 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Sources: Detica report, 2011; OECD, IDC, 2004, 2010, FBI/IC3 cybercrime statistics, 2011, FBI 2005
News New Proposed EU data protection rules will allow for fines of up to 2% of annual worldwide revenue… Just the companies shown on this slide would have paid $8.8B in fines
Two biggest debates about the Internet: • Privacy • Security
How to treat - Cybercrime • 2007 – Big Problem • 2010 – Very Big Problem • 2011 – Calamity • 2012 – PANDEMIC!