"In many cases, companies fall victim to these attacks because they aren’t aware of the risks that they are taking."
"The only thing really keeping bad things from happening is there is not sufficient motivation."
"Data breaches continue to increase year-on-year. Globally, there were twice the number of victims in 2023 compared to 2022."
"If you launch a cyberattack, if you do a little bit of homework … no one knows where it came from."
In the first nine months of 2023, U.S. data breaches increased by 20% compared to the full year 2022.
"By getting access to companies' internal emails and nonpublic reports, hackers can use AI to generate very convincing messages."
"Misinformation can be most effective and deceptive when it is combined with large amounts of true and accurate information."
Prof. Stuart Madnick says federal law doesn't require companies to report ransomware payments beyond those affecting critical infrastructure.
"Increasing the amount and quality of cyberattack reports would be one of the most effective ways to improve cybersecurity."
The 800 year old seal, personalised with the name of Adam de Tindal, was used to seal letters with wax, and is now owned by Stuart Madnick.
