“You pay your money, as the saying goes, and you take your chances.” says Falkowitz, CEO of Area 1 Security. “More and more these days, it seems like this ‘policy’ is the rule rather than the exception, in everything from health care insurance to the commuter parking lot. Even though you’ve paid for the product or service, no one’s really responsible for some reason when you suffer damages while consuming whatever it is you bought. Or worse yet, you somehow find that whatever you bought doesn’t really do what you bought it for. And there’s an asterisk somewhere in the fine print to explain why. Unfortunately, nowhere is this more prevalent than in today’s cybersecurity industry.”

Despite the billions spent on cybersecurity we continue to suffer the most debilitating and expensive breaches imaginable, and some that cannot be imagined under any circumstances. Yet experts predict the worst is still to come. Cybercrime has moved from data theft and website defacement to a trajectory that includes data manipulation, data loss and eventually, if something is not done to change the economics of being a bad guy on the internet, threats to the stability of society itself.

“Cybersecurity companies seem to be content to collect their millions with the caveat that they can’t really offer protection in exchange,” continues Falkowitz. “Their customers likewise collect mountains of data on their customers and are appropriately contrite when that data is stolen or misused but the apology is not accompanied by compensation. Even the government can’t protect itself, or its citizens even if they’re attacked by another nation-state.”

The excuses and the explanations are familiar: Cybersecurity is too complicated. Hackers are too clever. Attacks are unprecedented.

“Nonsense. Every bit of it.” says Falkowitz. “Cybersecurity is no more complicated than hundreds of other things we do routinely, from sending astronauts into space or open heart surgery. Hackers are human, just more persistent about how to fool the rest of us. And attacks are based on the same tried and true methods—phishing—they’ve been using for decades.”

Oren J. Falkowitz is the co-founder and CEO of Silicon Valley’s Area 1 Security. Oren held senior positions at the NSA and United States Cyber Command (USCYBERCOM) where he focused on Computer Network Operations & Big Data and is a predominant cybersecurity industry thought-leader committed to keeping high-level national security conversations relevant.  For the Silo, by Jennifer Vickery. 

Supplemental- What exactly is phishing?