Black swans events are shaping the cybersecurity present and future>
Venture Beat – Moshe Lipsker
First coined by Lebanese-American thought leader Nassim Nicholas Taleb, the term “black swan” refers to unexpected global events that have a profound effect on society. Some are beneficial, like the invention of the printing press; and others are destructive, such as the subprime crisis in 2008. But they have all altered the course of history.

The decentralization of digital assets introduced new security vulnerabilities, both in the workplace and in employees’ homes, creating a significant hurdle to protecting against cyber criminals who were only growing more sophisticated and well-funded. These hackers developed new methods, known as 5th generation (Gen V) attacks, which were multidimensional and allowed the threat actors to hit from many different angles simultaneously.

The next black swan in cybersecurity came on the heels of the pandemic’s effective end (also known as the COVID-cyber-boom). The combination of the need to protect decentralized digital assets from Gen V attacks with the need to develop new products for today’s modern environments was a powerful incentive for innovation, fostered by a macroeconomic environment where interest rates were low and liquidity was high. Today, we are left in a troublesome situation. Amidst a decline in innovation investments, assets continue to be decentralized, the Gen V attack surface still exists and organizations need an end-to-end solution.

Black swans are driving positive change in cybersecurity After a rapid succession of black swans that have irreversibly shifted the course of our industry, the technological and economic evolution of cybersecurity is progressing in a positive direction toward a brighter future.
Link: https://venturebeat.com/security/black-swans-events-are-shaping-the-cybersecurity-present-and-future/