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SECURITY IN THE DIGITAL AGE

SECURITY IN THE DIGITAL AGE. Europe at a crossroads. Cybersecurity in the digital age: a global overview. The pitfalls of the digital revolution. Thanks to the Internet, connecting people across the world has never been as easy as it is today.

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SECURITY IN THE DIGITAL AGE

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  1. SECURITY IN THE DIGITAL AGE Europe at a crossroads

  2. Cybersecurity in the digital age: a global overview

  3. The pitfalls of the digital revolution • Thanks to the Internet, connecting people across the world has never been as easy as it is today. • However, this relatively new way of living (always accessible, everywhere and at every moment) has brought to light many new problems in terms of security, specifically cybersecurity. • The World Economic Forum has included cyber-attacks among the biggest problems over 2019

  4. Many consequences and risks from cyber threats Baltimore: government computers crippled by attack as hackers demand bitcoin Attack on city computers prevents employees from sending email and knocked out bill pay websites, as hackers demand $76,000 The Guardian, 22 May 2019 Hackers could control NHS medical aids Hospitals have been warned about security flaws in medical devices used by the NHS that could allow hackers to disable intravenous pumps or change doses. The Times, 17 June 2019

  5. Global cyber attacks trends • 1,552 serious attacks were recorded in 2018. • Cybercrime is the first cause of serious cyber-attacks at a global level. • Malware is the most widespread technique of attack, accounting for a total of over 800 million attacks in the third trimester of 2018 (McAfee, 2018) Cyberattacks occurring worldwide (2014-2018) Source: Clusit 2019

  6. The financial costs of cybercrime for large companies The global average cost of cybercrime for large companies climbed to $13 million in 2018, with an increase of 12% from $11.7 million reported in 2017, and 72% in the last five years*. Cost of cybercrime (2018) • Banking and utilities industries continue to bear the highest costs from cybercrime. • US companies incurred the highest total average cost at $ 27.4 million, followed by Japan. Source: Accenture and Ponemon Institute, 2019 *The Cost of Cyber Crime Study surveyed 2,647 security and IT professionals in 355 large companies in 11 countries: Australia, Brazil, Canada, France, Germany, Italy, Japan, Singapore, Spain, the United Kingdom and the United States.

  7. Cybersecurity in Europe

  8. Experience and awareness of cybersecurity in Europe Europeans feel increasingly exposed to the risk of falling victim to cybercrime. For this reason, a lot of Internet users in European countries use identification procedures for online services. • According to the Global Cybersecurity Index, in 2018 six European countries were among the top ten most committed countries globally. • United Kingdom • US • France • Lithuania • Estonia • Singapore • Spain • Malaysia • Norway • Canada • Source: International Telecommunication Union (ITU) Source: Eurostat, 2019

  9. The European Regulatory Framework: a roadmap

  10. The many european initiatives on cybersecurity

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