July 11, 2023
Last year Americans lost $10.3 billion to online crime; contrast that with the estimated $1.3 billion lost to home robberies. Today’s interview with Dr. Zulfikar Ramzan from Aura gives our federal listeners ideas on how to protect your identity.
We have learned that when a person’s identity gets compromised, it can lead directly to their employer, an especially sensitive problem when considering people who work for the federal government.
In the cybersecurity community the gold standard for a detached perspective on understanding cyber threats is the annual Verizon Data Breach Investigations Report, commonly referred to as the DBIR.
"(last year) Americans lost $10.3 billion, to online crime that have put that into perspective. The cost of home burglaries in 2022, the same year was $1.6 billion. "
This report reinforces many of the threats presented by Dr. Zulfikar. The DBIR shows that 74% of breaches involved the human element. This can be anything from compromised passwords to identity theft. In the corporate world, this can lead to financial compromise. In the federal world, it can lead to an international incident.
Let’s state the obvious: since Covid, remote workers have taxed the ability for systems managers to protect assets with simple username and password logins. Other ways to verify identity must be considered.
Dr. Ramzan has a PhD. From MIT and 60 patents. He was involved in a leading cybersecurity organization when he heard of the innovations coming out of Aura. As a result, he decided to take his impressive background and hone in on helping individuals protect their identity.
If you enjoyed this article, you may want to listen to Ep. 77 The Value of Data Governance for Massive Data Stores
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