We’ve all read the recent headlines and seen the alarming statistics. According to Cybersecurity Ventures cybercrime damages will cost the world more than $6 trillion by 2021. Cyber identity theft is also on the rise: The biggest online data breach in history came to light last year, involving more than 1 billion user accounts.
Most of us have also experienced this global problem firsthand. It happened to me: A few months ago, I received a call from my credit card’s fraud protection line asking if I was anywhere near Nebraska. (I was not.) Fortunately, my account hadn’t been breached or compromised, but I was forced to change my credit card for the third time in a year. (Read more about my take on security in the payment industry.)
Clearly, consumers and businesses alike need a dependable foundation for security. Cyber threats are also moving down the stack, from application, software to hardware. That means the traditional model of “software protecting software” isn’t enough.
But here’s the good news: Intel is in a unique position to meet these increasing security challenges head-on.
Why? Because Intel designs hardware-enabled security solutions with the customer and user experience in mind. By collaborating with partners across hardware, software, and services industries to deliver new security capabilities to market, we help drive an open ecosystem. These solutions and services deliver integrity, reliability, recoverability, and consistency through hardware-enabled security.
And now that McAfee has become a separate company—in fact, one the largest standalone cybersecurity companies in the industry—Intel will continue to work with them, along with many other ecosystems partners, to bring security, privacy, and safety to new levels.
So what does the future of security at Intel look like after McAfee? And what will that mean for our customers and partners? Doug Fisher, senior vice president and general manager of the Software and Services Group, has an excellent perspective on the urgent need for hardware-enabled security—and how Intel is leading the way. Read his blog post to learn more: “Our unwavering commitment to security, post McAfee.”