Málaga: World security under threat in the new digital age.

Conferencia Ciberseguridad Malaga 07 Nov 2016
  • The Future Trends Forum presents its twenty-fifth report on the innovation trends that will impact on our near future, on this occasion cybersecurity..
  • The cybersecurity industry is worth more than 70,000 million dollars a year and this figure is expected to double by 2020.
  • Cyberspace has evolved exponentially over a very short time and we must be prepared for cyberthreats. We must also develop much more sophisticated tools to stop threats in time; cutting-edge technologies to allow recovery as soon as possible from attacks and, above all, international cooperation. The challenge is worldwide and the commitment must also be global
  • The report will be presented today in a conference in Bilbao with the participation of Fernando Vega, Director of Information Security, Bankinter Global Services Julio San José, Cibersecurity expert at EY.

Málaga 8 November.- A new digital age is opening up with increasing threats to worldwide security. Cybercrime is becoming increasingly sophisticated and new computer capacities, artificial intelligence and the Internet of Things have led to cyberattacks becoming more numerous, large-scale and dangerous. Cyberwarfare, cyberespionage and mass surveillance are the current threats, to which we can add many more that are on the way. Beyond the countless economic and social advantages linked to the internet revolution, new dangers lurk in cyberspace: wars that could be fought by autonomous weapons or between machines and men, murders that could be perpetrated from the internet itself, major sabotage of countries' critical infrastructures. It seems that it will just be a matter of time.

The Future Trends Forum (FTF), the think tank of the Fundación Innovación Bankinter analyses this scenario in its publication “Cybersecurity” to be presented today in Málaga in a conference with the participation of Fernando Vega, Director of Information Security, Bankinter Global Services and Julio San José, Cibersecurity expert at EY.

Info and registration for the conference here.

The cybersecurity industry is worth between 70,000 and 80,000 million dollars a year, an amount that is expected to grow two and a half times by 2020, according to experts.

The losses caused by cyberattacks are huge. Just last year, the figure was around 400,000 million dollars, according to estimates, although this amount could be much higher, as cybercrime victims do not usually reveal details.

Experts from the Future Trends Forum have worked on 10 proposals related to regulating and improving our cybersecurity:

  1. To reduce the global cost of cybercrime.
  2. Promote security and privacy by designing technological solutions, and meet clearly-set standards.
  3. Make double-factor authentication the norm, whereby digital identities are verified twice.
  4. To educate the public about cybersecurity.
  5. Raise security awareness among digital consumers.
  6. Protect national data. It is proposed to set up an intergovernmental "cyber" body in which countries will cooperate to maintain their integrity beyond their borders.
  7. To demand criminal liability for insecure software.
  8. To move towards quality software with the establishment of standardised requirements and a pact governing their engineering.
  9. Promote a strategy of overall cybersecurity. A clear mandate Is demanded from governments and a resolution of commitment to it.
  10. Public-private cooperation to guarantee cybersecurity.