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Cybersecurity Insights with Contrast CISO David Lindner | 8/2/24

By David Lindner, Chief Information Security Officer

August 2, 2024

cybercrime ransomware

    
Cybersecurity Insights with Contrast CISO David Lindner | 8/2/24

Insight #1

Per IBM, the average cost of a data breach is now closing in on $5 million. You know what causes many of those breaches? Account compromise due to lack of multifactor authentication (MFA). It doesn't cost you $5 million to enable MFA. What are you waiting for?

 

Insight #2

CISOs face a critical shortage of cybersecurity professionals, straining teams and delaying security measures. To mitigate this, they can upskill adjacent roles, develop rotational programs, promote diversity and automate tasks. Fostering a positive culture and collaborating with educational institutions and government initiatives are essential for long-term solutions.

 

Insight #3

U.S. lawmakers have proposed making ransomware payments illegal, and some states have done so. But making ransomware payments illegal makes it difficult to track criminals and could hurt — and, many times, destroy — small businesses. Instead, Dark Reading suggests a multifaceted approach that includes improving cybersecurity measures and law enforcement cooperation. I think that’s a sound approach. 

 
cybercrime ransomware
David Lindner, Chief Information Security Officer

David Lindner, Chief Information Security Officer

David is an experienced application security professional with over 20 years in cybersecurity. In addition to serving as the chief information security officer, David leads the Contrast Labs team that is focused on analyzing threat intelligence to help enterprise clients develop more proactive approaches to their application security programs. Throughout his career, David has worked within multiple disciplines in the security field—from application development, to network architecture design and support, to IT security and consulting, to security training, to application security. Over the past decade, David has specialized in all things related to mobile applications and securing them. He has worked with many clients across industry sectors, including financial, government, automobile, healthcare, and retail. David is an active participant in numerous bug bounty programs.

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