Cybersecurity: What You Need to Know and Do to Protect Yourself and Your Business

May 3, 2021 Leave a comment

Tiedemann Advisors Speaker Series – April 29, 2021 Lessons from U.S. National Security and the Cyber Security Industry that Can Benefit You.

Cybersecurity has never been more important than it is today. Every risk management strategy for a family or business must now have a comprehensive plan to address the substantial threat of cyberattacks. It is no longer a question of if you might be threatened by a cybersecurity attack but rather when. While the threats are increasing, so too are the ways in which you can protect yourself and your business.   On April 29, we are sitting down with renowned security experts Guy Snodgrass and Cesare Garlati to understand the current state of cybersecurity. Additionally, we will discuss what you can learn from the U.S. national security and intelligence community and the cybersecurity industry when it comes to protecting your family and your business.

Watch the webinar at https://insights.tiedemannadvisors.com/cybersecurity-webinar-2021-04-29

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The Data Breach Pandemic: Information Security is Broken

June 8, 2015 Leave a comment

Verizon Data Breach Report 2015Have enterprises basically just given up on IT security? Global budgets fell by 4% in 2014 over the previous year and as a percentage of total IT budget they’ve remained at 4% or less for the past five years. The picture is even starker for firms with revenues of less than $100m, who claim to have reduced security budgets 20% since 2013.

Yet the threats keep on escalating. When it comes to information security, there are really only two situations out there: companies that have been breached, and companies that still don’t know it.

If 2014 was the “Year of the Data Breach” then 2015 is proving to be at least its equal. This month alone we’ve seen TV stations shunted off air by pro-jihadi cyber terrorists; the discovery of major new state-backed attack groups; and another massive data breach at a US healthcare provider.

We talk today about managing risk, rather than providing 100% security – because there’s no such thing. The conclusion I have reached is that the traditional information security model is broken. But why? And how can we fix it?

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