Peter Hacker

Cybercrime: Unlocking the mystery at Board Level

Five years ago, Cyber Security was not in front of minds of most boards. 10 years ago, most boards even did not know what the term meant. Today most boards are paying attention, some more than others. People are starting to realize whatever this thing is, and what it means. Chief Executive Officer can get fired.

Any Company or Director can become victim of Cybercrime at any time. It’s just a matter of ‘WHEN AND NOT IF’ an attack occurs. If you want to survive a catastrophic cyber incident in today’s world, you better think outside the classic IT–Security box, understand your fiduciary duties and stress test in real terms your response plan and incident partners. Cybercrime is a business and not just a technical issue. The enterprise is at risk if not handled appropriately.

The Lessons Learnt: 'Covid-19'

Whether by chance or consciously, the ‘real viruses'(Covid‐19),allow companies and risk teams to learn important lessons for their cyber security strategy. Attacks can also affect companies whose systems run current, regularly updated and properly patched software. Certain malware shows how important it is to restrict administrator privileges. A simple way is ‘leasing’ privileges so that employees who need them only have access to admin rights for a certain period of time.

Digital revolution (AI): survival in the 21st century

We live in a fascinating time, in which the only constant is change. In some cases, the change rates are already beyond our ability to keep up and respond effectively. We would do well to treat future opportunities and risks through artificial intelligence (AI) with equal priority. In a networked world, cyber attacks by AI have the potential to be a destructive weapon for companies, industries and states of all kinds.

Cybercrime and Cyber Warfare

The arms race backed by artificial intelligence and state–sponsored actors shifts towards corporations. This is a war without a classic warrior. It doesn’t matter whether it’s automatic or autonomous. Cyber weapons, like Tomahawk Missiles, are just as disastrous, but even faster and more fatal for balance sheets and nations.

Fake news, extortion and espionage in a hyper–connected world

Our future will be less predictable, more unpredictable, more vulnerable and more exciting. States are fighting for supremacy in digitalization. Technology providers, individuals, hacker organizations and terrorist groups are changing the security situation. Thanks to networking, viruses, malware and codes offer new means of power and violence. It’s a known unknown world.

Social organization: Quo vadis society?

We are still at the beginning of the digital era. Governments, the global economy and regulatory bodies are challenged. Digitalization is driving a geopolitical reorganization. The future brings new forms, intelligent cities, living and autonomous driving, but also the danger of increased electronic warfare (‘non–‐kinetic warfare’), a shift of power and possibly distrust, exponentially increased and unwelcomed dependence.

Internet of everything: disruptive, global, complex

Artificial intelligence makes things of our everyday life come to life. These network with people, but also with things. It changes us all. Our society is evolving into a mega–computer that allows security measures to be taken while at the same time promoting growth, better understanding our customers and changing our society, but this comes at a price. Are we prepared to pay it?

The power strategy of artificial intelligence: utopia or reality

The fight between California, Moscow and Shenzhen takes already place, and marches fast on the second half of the chessboard. Some believe data, data analysis, data thieves and artificial intelligence are the pillars for power and the world’s future conquest. The proof of the pudding is in the eating. However, our society and politics are changing rapidly today.