'Bring Your Own' Makes Top 6 Security Threats List for 2014
Three: Privacy and RegulationOrganizations need to treat privacy as both a compliance and a business risk, according to the ISF. "Furthermore," the report added, "we are seeing increasing plans for regulation around the collection, storage and use of information along with severe penalties for loss of data and breach notification, particularly across the European Union. Expect this to continue and develop further, imposing an overhead [cost] in regulatory management above and beyond the security function and necessarily including legal, HR and board level input."
Two: Cyber-CrimeBoth Durbin and Garcia emphasized how shockingly excellent criminals are at coordinating and working together toward a cause. The Syrian Electronic Army's hack into The New York Times was offered as an example. "The bad guys are really great at collaboration, because there's a lot in it for them," said Garcia.
Cyber-crime, hacktivism—hacking for a cause—and the rising costs of compliance, to deal with the uptick in regulatory compliance issues, can create a perfect storm of sorts, said the ISF.