In the world of cyber... what will 2017 bring us?
We are coming to the end of 2016, and while calendars are a bit meaningless in the grand scheme of things, it must be prediction time! The older I get, the harder it seems to try and predict the future. I am not sure if it is because of the times we live in or if it is me just getting older. I do have a few theories, however, some of which may apply to me.
- Obligatory, Clint Eastwood: Get off my lawn.
- I, and maybe you, are burdened with the curse of knowledge
- The world is moving very quickly
- Unpredictable Government Environments
1. IOT IOT IOT Cyber… Drink!
Timing is the most difficult thing to predict, whether in 2017 or 2018 or maybe sometime in the future, I think IoT will drive regulation. I want to say that we will start to consider regulating IOT based devices globally next year. I have made my thoughts on this clear. I also think that others have also come to the same conclusion. The rise of the machines may just get us the internet snow day we always wanted.
2. Cyber politics
Information has always been a weapon. We understand that, because we classify information so thoroughly in the military and spy agencies. We also know that others understand it also, they learned throughout the years to leverage information much like we did for war. Now it would appear that we have publicly seen over the last few years an information warfare campaign leveraged on the internet. While the true intentions may not be known for, let’s say 30 years, we are probably watching an interesting information warfare scenario play out online. I think this year we will see a shift from kinetic military prowess over to more cyber focused ones.
3. Insurance will go up
Long Term Care insurance used to be really cheap, and then it became very expensive. Long Term Care Insurance is designed to keep you financially stable until you pass away in the event that you do not have enough in retirements savings. In the 90’s it turns out that this insurance started to get very unexpectedly expensive. Why did this suddenly happen? It was because actuarial that try and project inflow of capital and payouts didn’t expect individuals to start living into their 90’s. How will this apply to today? We don’t have very good metrics in the IT realm to insurance against hacking. This next year may see premiums start to sky rocket.