Author: Giovanni Vigna

Giovanni Vigna is co-founder and CTO of Lastline. He has been researching and developing security technology for more than 20 years, working on malware analysis, web security, vulnerability assessment, and intrusion detection. Giovanni is currently a Professor in the Department of Computer Science at the University of California in Santa Barbara and is the director of the Computer Security Group at UCSB.

There are many inconvenient truths regarding cybercrime. Every second in 2016, someone became a victim of cybercrime, meaning around a million people a day were affected. Cybercrime is a serious threat to businesses, individuals, and even nation-states. Three-quarters of Fortune 500 companies were targeted by hacks in 2016, alongside countless individuals. In a new report by Cybersecurity Ventures and Herjavac Group, the annual global cost of cybersecurity is predicted to reach $6 trillion by 2021, up from $3 trillion in 2015. This, of course, makes cybercrime big business. So, how has the issue of cybercrime reached a boiling point and…

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