Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Angus Loten

๐Ÿ‘ค Speaker
32 total appearances

Appearances Over Time

Podcast Appearances

WSJ Tech News Briefing
The Showdown Between Coinbase and Big Banks

And then it escalates.

WSJ Tech News Briefing
The Showdown Between Coinbase and Big Banks

And before you know it, they're fully willing accomplices to a pretty large data breach.

WSJ Tech News Briefing
The Showdown Between Coinbase and Big Banks

That can be a little bit tricky only because of the reputational damage that these kinds of insider attacks cause.

WSJ Tech News Briefing
The Showdown Between Coinbase and Big Banks

If it were just a glitch in cybersecurity or a technical issue, a digital issue that can be addressed, then that's one thing.

WSJ Tech News Briefing
The Showdown Between Coinbase and Big Banks

But if your customers or what have you see that this is something bigger, a corporate culture issue or angry employees,

WSJ Tech News Briefing
The Showdown Between Coinbase and Big Banks

That's a little harder to fix.

WSJ Tech News Briefing
The Showdown Between Coinbase and Big Banks

So a lot of companies that get hit with an insider, malicious insider attack, don't report it.

WSJ Tech News Briefing
The Showdown Between Coinbase and Big Banks

So it's tricky to get numbers on that.

WSJ Tech News Briefing
The Showdown Between Coinbase and Big Banks

IBM did in their latest sort of cost of data breaches, their best estimate

WSJ Tech News Briefing
The Showdown Between Coinbase and Big Banks

is that it's more lucrative than your average data loss.

WSJ Tech News Briefing
The Showdown Between Coinbase and Big Banks

It's about $5 million most companies are facing costs, whether that's through the ransom, whether that's just through downtime because you have to fix these things and address them.

WSJ Tech News Briefing
The Showdown Between Coinbase and Big Banks

It can also just be loss of data, business interruptions.

โ† Previous Page 2 of 2 Next โ†’