German firms are significantly more confident that they will not be the victims of a cyberattack, and that they are prepared for one, than similar companies in similar economies. It is true that language is a defence: English is still the primary language of email-based attacks and email is still the primary threat vector. It is also true that German corporate governance and data protection legislation is long-standing and strong.
However, German corporate confidence is anomalous given current threat levels, the assessment of risk by domestic security agencies, especially of cyber-espionage, and the obvious issues raised by Cloud-outsourcing, advanced and adaptive malware / ransomware and IoT botnets. The development of AI-enabled social engineering also heralds a new and dangerous era of cyber-insecurity.
In addition, most businesses still underestimate the level of digitalisation required to survive in a world driven by e-Commerce, industrial and general process automation, virtualisation and data analytics.
This transformation creates connectivity and data flows for which most companies are still unprepared, and whose security will be critical to the success of the enterprise.
From online payments, to mobile data, to protecting IP and the information handled by robotic process information to the safety of IoT devices to the simple basics of patching globally networked endpoints– we lack a robust cybersecurity environment. Complacency is totally unwarranted.
The 10th e-Crime & Cybersecurity Germany will cover these and other key subjects for its audience of professionals tasked with safeguarding digital assets and sensitive data. There will be real-life case studies, strategic talks and technical break-out sessions from security teams behind some of the world’s most admired brands, who know, just like you, that security is now more important to business than ever before.