Privacy Protect a Lost Cause, Report States

Recently, Black Hat released a report, where the Cybersecurity Stands which is wholly based on a survey of Black Hat USA attendees. The study looked, in part at whether the privacy protection is a lost cause and posed questions to more than the 300 top information security professionals about the privacy, and election hacking, the US federal government’s capability to handle the cyber-threats, nation-state attacks, and the cryptocurrency propaganda and also  perceived risks to the nation’s critical infrastructure.

The recent survey revealed that almost 26% of the respondents believe that individuals will be able to protect their privacy and online identity in the future. These results were seemingly influenced by a sequence of data breach announcements coupled with the recent Facebook investigation.

Because of rising concerns about the collection, sharing of data and use on social networks, approximately 55% of the respondents warn the Facebook users to think differently about the data they share to the public. Also, about 75% noted that they have either limited their use or avoided using the Facebook network.

According to the survey, the cybersecurity professionals grow more concerned about the safety of the data and users, with their privacy. They also have rising concern about the security of increasingly connected systems and the also with the stability of national and international environments.

The report stated that the professionals who are very much familiar with the recent cybersecurity environment and are also in the broad agreement that today systems serve as platforms for political, personal, and financial interchange are at major risk of compromise or might even collapse.

Some of the security professionals (13%) uttered faith in government when comes to the defending and understanding against the cyber-threats, with almost 71% of reporting that current nation-state activity from countries like China, Russia, and also the North Korea which has made the US enterprise data less secure. In the year 2017, the Black Hat reported that 60% of the security professionals expected a victorious attack on US critical infrastructure. But according to the 2018 report the data point has risen to almost 10%.

However, an additional key finding reliable with the grim outlook of the survey respondents was that nearly the 60% of them think that they will have to react to a significant security breaches in their organization in the upcoming year, though most of them feel that they have inadequate budget and staffing to protect against the emerging threats.

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