Cybercriminals are on the rise in America. About 60,000 Pizza Hut customers credit details were exposed to hackers on October 1st. The terrifying message by Jeff Yastine is that, this might be but just the start of security interruptions.
The risks of the hack are known for years. However, the corporate America are still finding themselves in the terrifying intrusions. Reported recently were the ransomware attacks and the Equifax data theft. Jeff L. Yastine says this concurrent and other unmentioned events are evident of cybersecurity stocks continuity.
History can shed some light on the future of cybersecurity. The Aviation had issues in a century ago. Unexperienced and fatigued pilots in the sector led to the loss of lives. The invention of technology and in 1914 was a solution to these issues. Innovators Elmer and Lawrence Sperry developed the first autopilot gadget. Jeff believes that automation will cause fewer problems in the cybersecurity stocks.
To control hacking of the military and intelligence information, Pentagon procured Mayhem. It is a technology invented by Carnegie Mellon University researchers. The cybersecurity revolutionary is an automated technology that detects security faults and bugs.
Mayhem does not wait for human hackers to attack unnoticed. It stays alert roaming in the system, finding those alerts and fixing any weak point.
The Mayhem experts gained fame after winning $2 million in Defense Advanced Research Project Agency sponsored competition. The funding was towards a development of an all-machine computer-generated hacking system to protect computer networks. Other companies at the forefront in the control of cybersecurity hacking have innovative artificial intelligence and automated software examination.
Jeff Yastine, the total wealth insider editor, served as the Banyan Hill Publishing editorial director. He joined the firm in 2015. The editor gained his experience in financial journalism and the stock market at the Centre of financial world affairs. Through his weekly contribution, Yastine has assisted several investors in understanding monetary trends and economics and discovering profitable opportunities. He gives his input through the Banyan Hill’s Sovereign Investor and Winning Investor Daily.
Jeff gained his experience in investment in 1994-2010 while working as an Anchor at PBS Business Report. He interviewed several successful business people and financiers. Reporting career opened investment chances for the anchor in numerous sectors.
Yastine warning on the mind-2000s real estate disaster helped some investors. He narrated the Deepwater Horizon oil spill event in 2010. Further covered the story of 1999 Panama Canal historic handover event. The editor also served as a reporter in 2005 Hurricane Katrina financial impacts events. He also reported the foreign automakers in the southeastern United States new production plants construction.