We all know how dangerous and scary hackers have become today. Coming straight to the point, I came across this alerting survey results that around approximately 230,000 new malware samples are being launched into the world every day! This calls for immediate action, doesn’t it? It was also noted that the annual cost for the global cybercrime committed is on an average in between 100 and 400 billion dollars each year! Imagine this being put to use for better intentions; how the world would be a better place to live! Worst part is that these hackers not only target the banks, wealthy institutions, celebrities or private/public corporations alone; instead they take interest in you and me also, as targets!
Data Base Encryption has successfully been able to deal quite well with lost and stolen data, storage capacity matters and issues regarding legal rights. The Vormetric Transparent Encryption System among the Transparent Data Encryption (TDE) methods is booming at incredible growth rate.Global Internet Security Market is today accounted to be nearly US$ 71 Billion and growing at a fair rate of 8-10% per year-IndustryARC 80-90% worldwide companies are poor in being prepared for technical threats! The urgent need to curb this record is provoking governments to shell out huge funds- Australia funded US$ 30 Million for aiding growth of CSGC.
The world clearly shows no sign of slowing down in terms of technological growth or internet advancements specially with industrial giants like Google, Microsoft, IBM, Cisco, Fortinet, Symantec and many more strong brands are giving more than their 100% into ensuring cyber security to both national services as well as personal consumer utility purposes. With Internet of Things (IoT) and Big Data swooping around the revolutionary corner, society is absolutely facing an urgent solution for quality cyber security. The governments across the globe are coming to an understanding of how important it is to maintain transparency. Users demand for decreased regulation online and increased information protection.“ Until now the Google generated encryption keys for its users which did not settle well with many users and Google is going to allow the users to secure their data using their encryption keys.”- Source
I often wonder about how their immense power and intellect could actually change the world for better, if channelized the right way. I’m sure most of you agree but we also know how helpless we would feel as an individual. But governments have the potential to take matters into their hands and help nations build a safer place with much safeguarded information base!!
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