Cybercrime, Cyber Security: The Crisis and the Opportunity

 

As if you didn’t have enough to worry about, you now can add one more big worry to your list: cybercrime. It’s real, it’s costly, and there’s plenty of it.

 
Just a couple of years ago, Time magazine reported that 7 percent of U.S. organizations lost $1 million or more to cybercrime. Another 19 percent incurred losses ranging from $50,000 to $1 million. Over 3,000 U.S. companies were victims of cyber security breaches. Pretty much every type of business was victimized, from small banks to defense contractors to large retailers.

 
Moreover, cybercrime is a growing threat that shows no sign of diminishing. The Ponemon Institute, in its 2015 Cost of Cyber Crime analysis, determined that cybercrime costs amounted to an average of $15.4 million per company per year. Companies in areas as diverse as finance, energy and utilities, defense and aerospace, communication, retail and healthcare were surveyed.

 

Cybercrime Costs Projected
To Reach $2 Trillion —Forbes

 
These numbers don’t reflect the magnitude of the problem. Because companies are reluctant to admit that they’ve suffered security breaches, many cybercrime incidents go unreported.

 
I know what you’re thinking. Cybercrime may be a real problem, but what does it have to do with me? I've got my anti-virus software on my computer. I'm doing fine.

 
Cybercrime affects everyone, not just giant multinational corporations. It’s not a matter of time until they come after you. They’re already after you. And they may, in fact, have already found you. Welcome, Target shoppers.

 
With almost 2,000 stores in the United States, the Minneapolis-headquartered retailer presented hackers with a large...target. Enterprising cyber crooks took aim at Target’s customer database and scored a bullseye, leaving millions of customers as collateral damage.

 
Clearly, cybercrime pays. No longer must hackers tediously hack away, one computer at a time, to get hold of enough information to yield sufficient gains to pay the rent. Bruce Schneier, author of Data and Goliath: The Hidden Battles to Collect Your Data and Control Your World, explains: "a hacker can crack into a large corporate database and come away with the data of millions of people"—and still get to the gym by Noon.

 
And so it goes with corporation after corporation. The Target breach was not a rare exception. No company, no industry, is impervious to a cyberattack. The Ponemon Institute’s research finds that this year there was an average of 160 successful cyberattacks on companies per week, more than three times the average in 2010 average.

 
The list of companies victimized by cyberattacks includes some of the organizations most familiar to American consumers.

 
Chick-Fil-A (restaurant)

As customers were stopping by for some delicious chicken sandwiches, cyber crooks helped themselves to the trimmings in the form of stolen data from 9,000 credit cards.

 
Anthem, Inc. (health care)

You might not have been able to keep your coverage, but hackers got to keep the personal information of between 8.8 million and 18.8 million customers of Blue Cross Blue Shield.

 
Uber (transportation)

Coming away with the personal information of 50,000 Uber drivers, cyber thieves should have no problem hailing a ride.

 
Trump Hotel Collection (hotel)

With seven Trump hotels across the U.S. and Canada having had their systems breached, it’ll take some doing to make guests feel at ease again.

 
The damage and adverse effects of cybercrime cannot be overstated. As IBM's chairman, CEO and President, Ginni Rometty, stated: "We believe that data is the phenomenon of our time. It is the world’s new natural resource. It is the new basis of competitive advantage, and it is transforming every profession and industry. If all of this is true–even inevitable–then cybercrime, by definition, is the greatest threat to every profession, every industry, every company in the world."

 
The time has come to admit the obvious: United States, we have a problem.

Actually, it’s more like a crisis.

 
In much the same way that the U.S. entrepreneurial spirit emerged to meet the challenges of the past, from WWII mobilization to putting a man on the moon, U.S. companies are gearing up to take on this cybercrime wave.

 
Worldwide spending to protect against cyber attacks topped $75 billion in 2015 according to Gartner, Inc. Investor’s Business Daily projected IT security spending will surge to $101 billion in 2018 and reach $170 billion by 2020.

 
Paradigm’s experience in this field can help you identify and document procedures to protect your company from attacks. Give us a call today.
 

Steve Lipman is a Pulitzer Prize-worthy writer residing in Los Angeles. He chooses to write on anything that interests him, always keeping his style lighthearted.

 

--

Want to love Mondays? It’s possible when you love what you do. Paradigm is a San Diego staffing agency dedicated to finding  the perfect job for candidates like you. We’re connected with some of the most innovative tech companies around, giving our employees that competitive edge needed in today’s job market. We hope to hear from you today, and let's make your career goals happen. 

 

Get social—follow us on LinkedIn, Facebook, and Twitter for career tips and updates.
 

Share:



0 comment -- Click to Read/Write Comments

To Stream the Impossible Stream

The differences between boomers and millenials are subtle when it comes to television and music.

 

"When it comes to music,
boomers and millennials appear
to share a common bond"

 

Most people would agree that baby boomers are from Venus, and millennials are from...Pluto. In other words, there’s a vast distance of time and space between the two.

 
At the same time, a visitor from either of these two planets* might, at first glance, notice a number of similarities between these two groups of earthlings. Of course, zooming in on the similarities reveals differences that are glaring—even to a space alien. Just look closely. When boomers and millennials appear to be doing the same thing, they’re really not. Take something as common as listening to music, or watching TV.

 
When it comes to music, boomers and millennials appear to share a common bond. They’re all listening to music from their smartphones or iPads, whether in the car or at home or out jogging. It hardly invites controversy to claim that there is no better music source. You have thousands of songs available to you on a small device. And how great is it to be able to search and find just what you want merely by entering a word or two and tapping on the screen.

 

"When boomers and millennials
appear to be doing the same thing,
they’re really not."

 
After all, hardly anyone has fond memories of rummaging through their record collection, hunting for a specific album, and placing it on the turntable. And even fewer are nostalgic about moving the needle across an LP—inadvertently embedding a permanent scratch—to listen to a specific song. (LP stands for Long Playing. It refers to a record album containing many songs. Hence the Long Playing moniker. That’s compared to a 45 with only one song per side. Oh yeah, these records would be played on two sides, but needed to be turned over. From this alone, it should be quite apparent that boomers have had it rough. So cut them some slack. Full disclosure: I’m a boomer, and the memories of turning over the records, piled high on the turntable, still haunt me.)

 
So boomers and millennials appear to be in complete agreement here.

 

Not so fast.

 
More than likely, the boomer has gone to the trouble of copying his entire collection of MP3s from his computer to his smartphone and tablet. These MP3s served him well in years past when they would be burned onto CDs, and played time and again in the car. And now they’re enjoying a second act, part of a huge collection stored on a state­of­the­art gadget. How cool and efficient is that! It’s not often you can reuse something in a better way than originally intended. At long last, perfection has been achieved!

 
But a millennial would view this type of a setup as sheer lunacy. When the millennial thumbs his song choice into the iPhone, the song that emerges over the Bluetooth speaker is one selected from an unlimited collection.

 
Yes, unlimited. Without having to laboriously copy files and hog precious gigabytes of memory, millennials can listen to every song they ever owned, and the thousands more they never owned, or even pirated. That’s because they’re streaming their music, accessing various services such as Spotify and Pandora. For millennials and their music, all you have to do is stream, stream, stream. Anything else, is like using a transistor radio. Positively prehistoric.
 
It’s the same with TV.

 

Walk into a room, and to the untrained alien’s one large eye, both groups seem to be engaged in the same activity: watching Seinfeld on a giant flat screen TV.
 

"As with their music, millennials
embraced streaming for their
TV viewing. They believe streaming
episodes on Hulu and Netflix is
nothing less than a godsend."

 

However, on closer inspection, you’ll notice that at the boomer’s residence, the DVR is churning out previously recorded TBS episodes. But there is no DVR to be found in a millennial living room. Following sage advice, millennials beat their DVRs into plowshares. As with their music, millennials embraced streaming for their TV viewing. They believe streaming episodes on Hulu and Netflix is nothing less than a godsend.

 
Boomers, on the other hand, are proud of the 842 channels available to them on cable, and profess their DVR prowess that enables them to record any of the programs from any of the channels. Compiling these recordings allows them to watch what they want, when they want. And to skip through the commercials. What’s wrong with that?

 
Millennials scoff at this, as they locate an app to watch any and all episodes of a particular show, from the pilot to the series finale. And with no commercials at all. So if they’re inclined to watch Seinfeld have it out with the soup Nazi, no problem. It’s right there. Try doing that with the 842 channels and a DVR.

 
As always, boomers and millennials will agree to disagree. However, there’s something to be said for people seemingly doing the same thing even if they’re not. It gives the perception of unity and solidarity.

 
Seeing the camaraderie between these disparate groups should give space aliens pause to any notions they might have of invading the planet. So both boomers and millennials can feel good about their contributions towards interplanetary peace.

 
Of course, if the alien visitors ever discover the rift that exists between boomers and millennials over the benefits of streaming Taylor Swift versus downloading her music, then all bets are off.

 
And May the Force Be with Us.

 

(*Concerning Pluto being a planet, there might be considerable common ground between boomers and millennials on this, especially among millennials who were done with grade school by 2006 or so. That was when Pluto was offed. Just like that, Pluto stopped being a planet. Kids began learning about a solar system sans Pluto.)

 

Steve Lipman is a Pulitzer Prize-worthy writer residing in Los Angeles. He chooses to write on anything that interests him, always keeping his style lighthearted.

 

--

Want to love Mondays? It’s possible when you love what you do. Paradigm is a San Diego staffing agency dedicated to finding  the perfect job for candidates like you. We’re connected with some of the most innovative tech companies around, giving our employees that competitive edge needed in today’s job market. We hope to hear from you today, and let's make your career goals happen. 

 

Get social—follow us on LinkedIn, Facebook, and Twitter for career tips and updates.
 

Share:



0 comment -- Click to Read/Write Comments

Why the Work Gaps? Top Five Rules to Explain

Read Paradigm's rules for explaining gaps in work history.

 

Gaps in employment are not unusual. However, it’s how you approach the topic in your next interview that makes them more or less acceptable. Here are our five top tips for explaining gaps in work history.

 

1. Be upfront and honest
Employers are pretty understanding of breaks in employment—especially if there’s a good reason for it. Don’t try to conceal any gaps, or get flustered when asked about them. Just be as open and honest as possible.

 

2. But not too honest
If you were fired or let go from your previous employer, give a reason with a positive spin. Although it didn’t work out for you in your last position, what did you learn? What makes you still a good candidate for rehire? A simple explanation could be: "the company was downsizing, and my position was eliminated," if you don’t want to go too in-depth.

  

3. Be tactful
If you left your last position because the working conditions were terrible, remember not to bash your previous employer or boss. Seize this opportunity to show your professionalism—simply explain that it wasn’t a good fit, and you made the choice to move on. Be tactful, and give a reason or two why it wasn’t a good fit—you were looking for more growth opportunities, or more challenges, for example.

 

4. Focus on what you did do
Show potential employers that you took time off from the nine-to-five grind to be productive in other ways. Volunteer, take some classes, or travel abroad—do something that makes you a well-rounded employee when you’re ready to work again. You can also include these achievements on your resume, and expand on them in-person.

 

5. Focus on what you learned
Develop skills that will translate to your next position. It’s important to remember that you can learn a lot outside of the conventional working world. If you took time off to care for your family or to travel, you undoubtedly learned a whole host of new skills that you can’t necessarily get from sitting behind a desk. Discuss these skills when explaining time off—for example: organizational skills or how to handle high-pressure situations.

 

Everyone gets a little nervous going into an interview, especially when rejoining the workforce after a short (or long) hiatus. The key is to be confident in your abilities. With these few tips on explaining those pesky work gaps, you’ll bag a new job in no time.
 

--

Want to love Mondays? It’s possible when you love what you do. Paradigm is a San Diego staffing agency dedicated to finding  the perfect job for candidates like you. We’re connected with some of the most innovative tech companies around, giving our employees that competitive edge needed in today’s job market. We hope to hear from you today, and let's make your career goals happen. 

 

Get social—follow us on LinkedIn, Facebook, and Twitter for career tips and updates.
 

Share:



0 comment -- Click to Read/Write Comments

 Next Posts >>