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2018/05/07

The Future of Cybersecurity is Convergence

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Dr. Spincer Koh Gorilla Technology CEO

The Future of Cybersecurity is Convergence
Cybercrime is on the rise, and asset protection is of increasing global importance. According to McAfee and the Center for Strategic and International Studies, it's estimated that global cybercrime costs soared to an estimated $600 Billion. As enterprise security races to transform itself to meet the ever-changing threat to cybercrime, attackers are becoming more sophisticated and identifying new ways to infiltrate an enterprise to take advantage of new weak spots – both physical and digital. And while greater connectivity has brought greater risk along with it, enterprises need to adopt a unified approach to address both fronts if they hope to get ahead of malicious attacks.

Past enterprise systems relied on onsite security and digital systems to protect data, but these systems did not always work together, creating silos that limited the analytic potential and value of data. The changing cybersecurity landscape is demanding a different approach that will bridge the strength of leading network security, alongside new advanced digital technologies. However, monitoring these environments is complex, as large quantities of data spanning physical and digital needs to be processed, analyzed and managed.

Enterprises need to change their approach to protecting their valuable data. Initial reluctance to provide a coordinated approach to security may stem from the habit of segmenting data at the department level, which was once used to drive business decisions. Today, most organizations still need to develop a coordinated, converged approach to incorporate security measures across the board for all their data. This means adopting a new mindset, from the defense to offense.

In today's world, adopting advanced technologies can not only help detect threats as they occur, but even predict future attacks. Artificial Intelligence (AI), Edge analytics, Predictive and Reactive analytics, Machine learning algorithms, and wireless features like RFID, are creating new opportunities to take a proactive stance. As these technologies converge into unified solutions, companies are finding new value in the data they can harness to help fight crime and improve overall security and situational awareness.

As companies apply video intelligence alongside AI, machine learning and video analytics to bridge the physical and digital security gap, they will set their teams up for future success and enable better collaboration across several business streams. Thankfully, there's no need to recreate the wheel.

AI for video analytics is already showing promising results in the global marketplace for crime prevention and security, including the ability to catch suspicious activities or predict them before they happen. In the case of a recent major Asian cyber bank heist, over $60 Million and various assets were recovered within three days thanks to technology convergence. At the core of these capabilities is the Internet of Things (IoT), which enables access to data in real time, alongside scalability and video analytics. According to IHS forecasts, the IoT market will grow to an installed base of 75.4 billion by 2025, with analysts predicting security and industrial asset management among the biggest drivers.

When cyber and network security technologies converge, it has the potential to change the future of cybersecurity. Together, these technologies can not only detect threats and stop them but predict patterns of suspicious activity and prevent future attacks before they occur. This kind of convergence is successfully stopping crime in markets around the world by tapping multiple data streams from mobile, CCTV, IP and geo location information, and harnessing facial recognition and AI-powered edge computing.

Cybersecurity convergence is the future, and the best way to prevent malicious attacks. In some cases, it can be used to access and analyze suspicious activity and stop crime before it happens. By coupling the best in network excellence and technology advancements, there is great promise of how a unified approach can be both shield and sword in the battle against cybercrime.

By-line by Dr. Spincer Koh, Gorilla Technology


Edited by Dr. Spincer Koh
Source : Brilliance Security Magazine

Author Info

Dr. Spincer Koh – The Silverback of the Gorilla Troop. Dr. Spincer Koh has more than twenty-years of experience in the high-tech industry. He also works as a consultant for international broadcast organizations, governments in Asia and the Middle East, and American media groups. He has been appointed the Chairman of China Broadband Application and Promotion Association and involved with New Digital Media Business Development on DVB-H, 3G-TV, WiMAX-TV and Interactive News Media. Since July 2000, Dr. Koh, co-founder, CEO and the Silverback of Gorilla Technology Group, has led the company to become a renowned provider of content workflow, delivery and archiving solutions, with its innovative in-house software technology and professional services. With his emphasis on leading technology, expert service, and precise delivery, Gorilla continues to provide top-of-the-line, intelligent and strong workflow solutions that enable clients to improve operational performance and efficiency. Over the years, Dr Koh has successfully built strong relationships across a range of industries. Based on dedication to after-sales services, Gorilla continues to provide reliable and timely support to customers' mission-critical operations.