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Catch up on what is happening in the cybersecurity world

Lessons from the pandemic

By MyCena | Posted on : 21 January 2021

MyCena

We can learn a lot from the pandemic in our approach towards cybersecurity. In the latest MyCena blog by Julia O’Toole, we look at our attitudes towards risk – and how they differ in terms of pandemics and cybersecurity.

To stay secure in 2021, we must decentralise credentials and act fast – just as we would in our response to the coronavirus.  

AI will “replace humans” in cybersecurity by 2030

By MyCena | Posted on : 21 January 2021

MyCena

In just nine years’ time, artificial intelligence will overtake humans in the quest for better cybersecurity, according to Trend Micro. New research suggests that 41% of IT leaders feel that their role in cybersecurity will be replaced by AI by 2030.

The report also suggested that cloud systems should expect further attacks, putting more emphasis on decentralised password alternatives such as MyCena. However, experts warned that we cannot harness AI without human expertise.   

New challenges for 5G

By MyCena | Posted on : 21 January 2021

MyCena

The “most significant cybersecurity focus in 2021” will be 5G and edge computing, say the team at RTInsights. As 2020 brought about an increased need for remote working, the emphasis was on edge computing to bring data storage closer to its users.

In tandem, 5G was making this data available more quickly – but experts warn that hackers could use these new networks to plan larger scale attacks. With increases in bandwidth come new threats, warns the National Defense Authorization.  

Cybersecurity talent pool “must expand”

By MyCena | Posted on : 21 January 2021

MyCena

Despite threats of AI replacing jobs, there is still time for the cybersecurity talent pool. However, this workforce must take advantage of the imminent quantum computing opportunities available.

Experts are calling this the “second age” of quantum computing, and say that the skills gap in this area must be closed. Reports from IBM state that “Quantum-era cybersecurity will wield the power to detect and deflect quantum-era cyber-attacks before they cause harm.”

Bitcoin owner faces $220 million loss through forgotten password

By MyCena | Posted on : 21 January 2021

MyCena

A Bitcoin owner has unintentionally “gone viral” after it was revealed that he had $220 million locked up in a Bitcoin wallet – and had forgotten his password.

Stefan Thomas had 7,002 bitcoins stored on a secure hard drive, and was using an IronKey device that allows owners 10 attempts to guess their passwords before encrypting the contents. At the time his story went viral, Mr Thomas has two more guesses left. His story is just one of many cases where Bitcoin fortunes are no longer accessible due to password or other errors.