As we jump in, allow me to say that camDown is your security solution to protect you and your business from webcam hackers.
H. Daniel Elbaum: We hope that by taking a more coordinated national approach, it will help to catch the ever increasing number of cyber criminals and deter their actions.”
Existing methods to detect and nab cyber criminals are likely to be ineffective in the years ahead, judging from the projections of consulting firm PwC, the chairman of the digital identity provider VeroGuard claims.
H. Daniel Elbaum, chairman and joint chief executive of VeroGuard, said the Joint Policing Cybercrime Co-ordination Centre, announced by the Federal Government on Monday, was a welcome initiative.
But, he added, PwC modelling had estimated the direct costs to business from cyber incidents to be about $10.1 billion annually, with projections of a total GDP loss of $114.9 billion by 2031.
Home Affairs Minister Karen Andrews announced the setting up of the centre — known as the JPC3 — which would start operations from March next year.
The centre will be led by Assistant Commissioner Justine Gough, who will operate a new Cyber Command.
“By cracking down on cyber crime and enhancing the nation’s cyber security, the Morrison Government is protecting Australians and securing our economic recovery,” Andrews said.
“This AFP-led cyber crime centre will be cutting edge, and will ensure Australia is leading the world on cyber security.
“Australians work hard for their money and the AFP is working tirelessly to prevent cyber criminals from scamming, stealing, and defrauding them.
“The JPC3 will super charge our efforts to seize criminals’ money and assets, put offenders behind bars, and protect Australian’s digital data.”
However, Elbaum said the PwC modelling led to the inference that the current approach of detecting and deterring cyber criminals was anticipated to be ineffective in coming years.
"To us, the most obvious opportunity for government and business is to address the single largest weakness of living and working online that results in breaches," he said.
"That is the inability of existing platforms to offer strong verification and absolute protection of users identity when communicating and transacting over the Internet.
"We believe the highest priority for government and business has to be to build the infrastructure that properly protects users and machines digital identities.
"Any other cyber security measure is simply proving to be ineffective when a criminal uses legitimate credentials to illegitimately access systems and data.”
Please join our community here and become a VIP.
Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here
BACK TO LATEST NEWS here
PROMOTE YOUR WEBINAR ON ITWIRE
It's all about Webinars.
Marketing budgets are now focused on Webinars combined with Lead Generation.
If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.
The iTWire campaign will include extensive adverts on our News Site itwire.com and prominent Newsletter promotion https://itwire.com/itwire-update.html and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV https://www.youtube.com/c/iTWireTV/videos which will be used in Promotional Posts on the iTWire Home Page.
Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinatrs and campaigns and assassistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.
We look forward to discussing your campaign goals with you. Please click the button below.
MORE INFO HERE!
INTRODUCING ITWIRE TV
iTWire TV offers a unique value to the Tech Sector by providing a range of video interviews, news, views and reviews, and also provides the opportunity for vendors to promote your company and your marketing messages.
We work with you to develop the message and conduct the interview or product review in a safe and collaborative way. Unlike other Tech YouTube channels, we create a story around your message and post that on the homepage of ITWire, linking to your message.
In addition, your interview post message can be displayed in up to 7 different post displays on our the iTWire.com site to drive traffic and readers to your video content and downloads. This can be a significant Lead Generation opportunity for your business.
We also provide 3 videos in one recording/sitting if you require so that you have a series of videos to promote to your customers. Your sales team can add your emails to sales collateral and to the footer of their sales and marketing emails.
See the latest in Tech News, Views, Interviews, Reviews, Product Promos and Events. Plus funny videos from our readers and customers.
SEE WHAT'S ON ITWIRE TV NOW!
Let's not forget that camDown has a modern UI, that is secure and has the improved features that you need and your family would agree!