Crossroads Blog | Institute National Security and Counterterrorism

Cyber, cyber attack, Cybersecurity, Data Breaches, Data Security, Equifax Breach, FireEye, Symantec

Cyber Round Up: Cybersecurity Market Projected to Reach New Highs; Law Firms Lacking Cybersecurity; The Equifax Hack’s Wide Reach

  • Growing Cybersecurity Threat Projected to Push Cybersecurity Market to New Highs (Business Insider): The cybersecurity market size is expected to reach $231.94 billion by 2022, an approximate 160% increase from its current size of $137.85 billion, according to a recent Business Insider article. The article summarizes a Markets and Markets research report, indicating security types most in focus. It also delves into recent cybersecurity advancements for companies such as FireEye Inc. and Symantec Corporation. The full article can be read here.
  • What You Need to Know About Law Firm Cybersecurity (Above the Law): Law firm in-house practices often include cybersecurity, but many don’t practice what they preach, leading to insecurities within the law firm’s own cybersecurity. A recent article looked at an ALM Legal Intelligence study which found, “22% of law firms did not have an organized plan in place to prepare for or respond to a data breach,” and “only 50% of law firms included in the study [had] cyber security teams in place” in the event of a data breach. The full piece can be found here.
  • Equifax Hack Likely Impacted All US Adults, Cybersecurity Expert Warns (Fox Business): The Equifax hack has left 143 million customers at risk of having their information stolen. However, Hiep Dang, director of Product Management at Cylance told Fox Business, “conservatively, maybe 75% [of us were affected], aggressively, probably all of us.” The article explains what makes this breach “particularly damaging.”
    You can also follow Crossroad’s Equifax hack coverage here.

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