You almost have to admire the hackers. Almost. Technology research firm Gartner (via
Forbes) estimates that companies will spend $93 billion on cybersecurity technologies in 2018. Yet, according to a recent study by security firm Norton (via
MIT Technology Review), the relentless efforts of the global hacking community still netted $172 billion in ill-gotten gains. There’s no indication that things will be any different this year. Why do the hackers continue to succeed? What must industry do to make hacking a less profitable venture for the adversary?
To better understand and answer these questions, it’s useful to examine the hackers’ successes and look for consistencies. But first, let’s define a word that is often misused or misunderstood in cybersecurity discussions:
vulnerability.
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