10 proposals to improve Computer Security

Find out what recommendations are for improving global IT security according to the Future Trends Forum

Experts from the Future Trends Forum, the think tank of the Bankinter Innovation Foundation, recommend 10 actions to improve global IT security:

  1. Reduce the overall costs of cybercrime. That there is the possibility of initiating legal proceedings against cybercriminals for the recovery of the losses caused.
  2. Promote security and privacy in software by design. The FTF experts propose that companies be suggested to comply with clear security standards that are tested before going to market.
  3. Generalize two-factor authentication. Two-factor authentication is a technology that double-verifies digital identity to increase computer security. Its implementation is recommended for the financial industry and digital payments.
  4. Educate citizens on basic cybersecurity. Global awareness campaigns could be organised to keep citizens informed and help put pressure on the relevant entities for implementation.
  5. Raise awareness among the digital consumer about security. There should be a ‘cyber’ entity to educate citizens to take precautions against certain risky practices.
  6. Protect national data. Collaboration between countries and companies to preserve the data they own.
  7. Hold those responsible for insecure software criminally accountable. Computer security experts propose creating legal standards in terms of software security, promoted by an authority for cybersecurity, and that non-compliance be legally prosecuted.
  8. Moving towards quality software. It calls for standardization of specific software quality requirements and specifications.
  9. Promote a global cybersecurity strategy. A clear mandate is required for governments’ commitment to cybersecurity, with the aim of tackling the lack of trust in cyberspace.
  10. Public-private collaboration. Cooperation would be key to improving the exchange of sensitive information. This cooperation would be led by the private sector as a victim of millions of dollars in losses due to cybercrime, accompanied by large software vendors, and with the collaboration of the public sector.

If you want to know more about Cybersecurity, access this trend on the Bankinter Innovation Foundation website.