Security in a digital world

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We live in a digital world where security threats are proliferating and becoming more sophisticated. The Summer 2017 issue of Pictet Report, examines the nature of these threats and various aspects of online security.

On a personal level, people find hackers trying to access their personal information online for criminal purposes. Commercial organisations and public bodies face similar attacks, while terrorists and hostile governments use cyber attacks to further their political ambitions. In this issue of Pictet Report, two international security experts set out the fast-growing challenges posed by cyber attacks and call for more creative threat responses to avoid the destruction of critical infrastructure and the deaths of large numbers of people.

Four entrepreneurs explain how their businesses can protect the security of digital information. One uses ethical hackers to eradicate vulnerabilities in online systems, while another uses quantum mechanics to make it impossible to decode data. The third securely destroys redundant hard drives to prevent data theft from old equipment. The fourth provides industries old and new with independent validation to ensure that they comply with global standards of protection.

Two researchers reveal the behaviour that makes hackers’ jobs easier. One has investigated why people disclose confidential information which they know they should keep private. The other, a former hacker, is using neuroscience to investigate how the brain shapes human behaviour – and how to change it.

The historian of Britain’s Bletchley Park explains in this latest issue of Pictet Report how its brilliant code-breakers gave the UK and US a vital advantage in the second world war by deciphering the German military’s Enigma code. Their techniques were later used to develop modern computer technologies.

In the same issue, the manager of the Pictet Security Fund at Pictet Asset Management says that investing in security solutions has become an attractive investment theme, with growth driven by innovation, urbanisation and regulation. Finally, an Israeli entrepreneur tells us how he empowers local communities with security technologies which can be used to expose human rights abuses and corruption.

We hope that you will find it interesting to learn more about the security threats facing the world, and about the solutions being developed by some remarkable entrepreneurs and researchers.