Cybersecurity Industry Has Failed the Market

Cybercrime will cost the global economy $445 billion in 2016 — more than the market cap of ExxonMobil ($360 billion), Facebook ($368 billion) and Amazon ($397 billion), according to an estimate from the World Economic Forum’s 2016 Global Risks Report. The best way to fight this cyberwar is to get back to basics, like knowing how many computers a company has and gaining control over them in seconds. “That will have a meaningful, positive impact on the likelihood [companies] will be breached,” Hindawi said.