“How many small or medium business can survive a $3.5 million hit? When small and medium business get hit, they typically go out of business. When the big ones get hit, know what they do? They change their names.”
If it is connected then it can be hacked, says Mike Phillips, a founding partner of VSEC, an information and cyber security firm. And there is a lot to be connected – by 2020 it is estimated some 50 billion devices will be on the web.
In this video from MarketsWiki Education’s Chicago event, Phillips talks about the state of information security (InfoSec), how he came to be a security professional, and what can be done to protect your information.
Produced by Mike Forrester and Patrick Lothian