In this special Global Tech Zone feature, we take a look at what’s behind New Brunswick, Canada’s booming cybersecurity sector.
“Cybercrime, by definition, is the greatest threat to every profession, every industry, every company in the world.”
This was the bold statement made by IBM CEO and Founder Ginni Rometty at the 2015 IBM Security Summit in New York City. This claim isn’t without support. Cybersecurity Ventures released a study suggesting that the cost of cybercrime could increase to $6 trillion globally by 2021. And this news is only made worse by the security firm ISACA’s 2016 report claiming there will be a global shortage of cyber security professionals of 2 million by 2019. This gulf between the severity of the problem and society’s lack of cyber knowledge has led security companies like IBM to expand their operations and further promote the importance of cybersecurity – and not just in the U.S. In fact, in 2009, IBM purchased the Fredericton-based cybersecurity firm Q1 Labs for an estimated $600 million, one of the largest technology acquisitions in Canadian history. Shortly after that, IBM invested in a multimillion-dollar collaborative research agreement with the University of New Brunswick (UNB) Information Security Center of Excellence to develop an intelligent toolset for automated security analysis and risk management.
This story is from the Winter 2017 edition of Innovation & Tech Today.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the Winter 2017 edition of Innovation & Tech Today.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Smart Mobility
Emerging Transportation Technology for a Brighter Future
Clearing the Air
loT Tech is Transforming Air Quality in Denver Public Schools and Nationwide
MUSIC CITY USA EMBRACES TECH
Nashville Faces Hopes and Fears as Big Tech Rushes In.
Sustainability & Success
David Costabile Talks Billions and His Commitment to Clean Energy
Augmented Reality Glasses
Reshaping What's Real
Take a Right at the Intersection of Wellness and Science
Dr. Deepak Chopra Discusses How Advances in Technology Can Aid the Holistic Medicine Movement
Getting Back to Camping Basics With iKamper
The camping craze is hot, but more and more, getting out into the natural world involves extravagant van conversions and luxury RVs. That’s fine if you’ve got the time and coin to devote to it, but what about paring it down to a minimal amount of gear to travel light and comfortably, without such a production? That’s the market segment that iKamper fills, and they do it quite elegantly.
Escape From Whakaari
Netflix Documentary Shows First-Hand Footage of Daring Rescue From Erupting Volcano
The Old Dog Teaches the New Dog Some Tricks
Software Engineering is Increasing Electric Motor Efficiency
The Icarus Projects
Car Start-Ups Drawn to the Sun