Preface
“Companies Lose $400 Billion to Hackers Each Year”1
Inc. Magazine
A cybersecurity market report issued by Cybersecurity Ventures in Q4 of 2015 stated that cyber attacks are costing businesses between $400 and $500 billion a year.2 In the same thread, IT security spending is due to increase by 4.7% in 2015 to $75.4 billion USD, with an estimate that the world will spend upward of $101 billion in information security in 2018, and grow to $170 billion in 2020. Therefore, a cybersecurity workforce shortage of 1.5 million people is projected by 2019, as demand is expected to rise to 6 million that year.
As web and application developers, designers, engineers, and creators, we are no longer living in an age where we can offload the knowledge of identity and data security to someone else. By not understanding how to properly obscure data in transmission, a web developer can unwittingly open up a security flaw on a site. A project manager can cause a major attack vector to open up in an application by not understanding that previously secure password algorithms have been shown to now include flaws, and by not prioritizing the work on rehashing the database of user records. It is now the business of every person working on a system to take part in ensuring that users and data are protected.
Despite this awareness, it seems like every week we have new cases of companies, from startups to massive corporations, losing privileged user information, credit card data, medical records, ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access