I had the pleasure of catching up with Val Bercovici, founder & CEO at Chainkit, a Software-as-a-Service company that provides cyber security solutions with a corporate focus on eradicating hidden holes in cyber security and data privacy.
We discuss Chainkit & Data Protection, what is chain of custody, and Blockchains – cases CXOs are far-fetched to have ever encountered in their careers while currently having no option.
#1 – Ransomware incidents and Cyberattacks are constantly increasing
We discuss what is ransomware cyber attack and how these incidents have been increasing significantly. We started with Val presenting his take on the present state of what seems to be a swell of new challenges in cybersecurity incidents and subsequent ransomware incidents, specifically focused on the healthcare industry, which was specified to transpire because the world is haggling with a global pandemic, cybercriminals are never lagging to take the edge of prospect where chinks in the armour emerge in any place they can witness a route to profit from any security vulnerability.
#2 – The massive impact of COVID19 and life before and after 2022
COVID19 has had a tremendous impact but didn’t this problem exist before 2022, so extensively so that I don’t believe anyone would contend that the effect the global pandemic has had is past influential concerning the growth in data security & cybersecurity, be it the evolution to Work From Home for multiple, or the augmented shift to Mobile technology in the likes of infirmaries, retail, and service sectors as a whole. Additionally, cybersecurity threat and ransomware have been around for decades, irrespective of the hazards and impacts around this space. In Val’s perspective, we confer how the existing state of the globe has altered the geography of data security and digital threat and what you witness as you spend time with communities faced with the requirement to respond.
#3 – Are we on the verge now where technology lives to decode this problem
Cybersecurity threats in healthcare, cyberattack, ransomware, data risk and data security aren’t new issues, nor are they new threats. However, they have noticed significant gains due to our pivot to communities being Data-Driven. We reside in an immensely Always On, Always Affiliated world – so the tremendous growth in risks linked to the tremendous growth of the attack surface should come as no lure to anyone, but the query I keep earning in boardrooms is “is there a solution to this, does the technology exist to solve it?” – I question Val to probe into this, we split this into two subparts.
We begin with the first half, and I request Val for his riff on this, i.e., should it be interpreted as snare when it comes to increasing cyber incidents to any bonafide business or tech expert.
And to the subsequent part, I question Val if the technology exists today to handle and decode the issues of clamping & safeguarding data and, in the subject of prosperous hacks, hold the chain of custody in cyber security, as it’s anointed, to be able to chase and delineate the trespasser.
We again wrap up with little crystal orb goggling, as alliances are now enclosing to steer their way out of 2021 and mitigate into 2022 as we make it through the long and immensely challenging year, safely getting it through the auspicious Christian holiday term Christmas and unexplored waters.
After that, I invited Val to share his view and suggestion around how communities should equip themselves to manage the near future as they scrutinise to improvise business & technology approaches & subsidising plans for the next 12 to 18 months?
To listen to our detailed conversation, make sure you tune in and enjoy a significant fireside conversation with one of the most ingenious thinkers in cyber security. Certainly, one of the greatest influences in thought administration in the war against cybercrime.
This podcast was made in partnership with Chainkit.