Cybercrime netted $450 billion in profits last year, with 2 billion records lost or stolen worldwide.
Security expert Caleb Barlow calls out the insufficiency of our current strategies to protect our data. His solution? We need to respond to cybercrime with the same collective effort as we apply to a health care crisis, sharing timely information on who is infected and how the disease is spreading. If we're not sharing, he says, then we're part of the problem.
As a vice president at IBM Security, Caleb Barlow has insight into to one of the largest security intelligence operations in the world. His team stands watch protecting the information security of thousands of customers in more than a hundred countries. On a busy day they can process upwards of 35 billion potential security events across their global operations centers.
You can read the full transcript here.
