expert
OPINION
DEREK MANKY , CHIEF SECURITY STRATEGIST AND GLOBAL VP OF THREAT INTELLIGENCE AT FORTIGUARD LABS
Derek Manky , Chief Security Strategist and Global VP of Threat
Intelligence at FortiGuard Labs , tells us how The Cybercrime Atlas is a first-of-itskind initiative , building a comprehensive picture of the cybercrime landscape , including criminal operations , shared infrastructures and networks .
The new Cybercrime Atlas : A collaborative approach to fighting digital crime
he global transition to the
T digital economy means that the operations of governments , critical infrastructures , businesses and individuals are now a tightly integrated system of interconnected resources .
Everything from commerce and banking to delivering critical services to managing international transportation and energy grids are now online and many of their underlying resources , such as supply chains , are interdependent . Because of this , digital disruptions can have far-reaching implications , impacting the lives and well-being of virtually everyone .
Cybercrime presents a significant risk to this new digital world , impacting everyone from individuals and companies to critical infrastructure and governments . In its Global Risks Report for 2024 , the World Economic Forum has identified AI-generated misinformation / disinformation and cyber insecurity as among the top risks facing the global community .
The forum has also pointed out that cybercrime is now the world ’ s third-largest economy after the United States and China . But its potential impact goes well beyond financial loss . In addition to direct damages , cybercrime creates an enormous barrier to digital trust , undermines the benefits of cyberspace , increases global inequality and hinders international cyber-stability efforts .
The challenge is how to raise the bar for everyone – businesses , governments , academic institutions , law enforcement and individual citizens alike .
A global challenge requires a global response
Despite the seriousness of the cybercrime challenge , efforts to fight cybercriminal activities to date have largely been uncoordinated and fragmented . While there are certainly organisations and vendors committed to battling cybercriminals , isolated efforts struggle to make a dent in the concerted efforts of today ’ s highly organised cybercriminals .
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