“It’s also a matter of time, even if they had the ability to recover their data. If it takes them two days, and the loss of two days’ revenue is greater, it’s gonna cost them more to recover the data than just paying the ransom. They’ll pay the ransom.”
Joseph Steinberg – Advisor and Expert Witness – CyberSecurity, Privacy, and Artificial Intelligence (AI)
Source: SecureWorld
About Joseph Steinberg:
Joseph Steinberg serves as a cyber security expert witness, and as cyber security advisor to both businesses and governments around the world. He has led organizations within the cybersecurity industry for nearly 25 years, has been calculated to be one of the top 3 cybersecurity influencers worldwide, and has written books ranging from Cybersecurity for Dummies to the official study guide from which many Chief Information Security Officers (CISOs) study for their certification exams.
Steinberg is known for offering keen insights and unique perspectives on cybersecurity, Artificial Intelligence (AI), and the potential impact of technological developments on human society. He amassed millions of readers as a regular columnist for Forbes and Inc. magazines; today, his independent column receives millions of monthly views, making it one of the most read columns in the fields of cybersecurity and AI. His opinions are also frequently cited in books, law journals, security publications, and general interest periodicals.
Steinberg is one of only 28 people worldwide to hold the suite of advanced information security certifications, CISSP, ISSAP, ISSMP, and CSSLP, indicating that he possesses a rare, robust knowledge of information security that is both broad and deep; his cybersecurity-related inventions are cited in well over 500 US patent filings. In addition to his primary work, Steinberg currently serves as a Senior Policy Analyst at the Global Foundation for Cyber Studies and Research think tank, as a cybersecurity expert member of Newsweek’s Expert Forum, and as an advisor to the WonderKey Collective nonprofit that provides technology and related resources to underserved and underfunded communities across the United States. Steinberg also presently serves on the Cybersecurity Advisory Council of CompTIA, the world’s largest technology trade association and its second-largest related certifying body.
Earlier in his career, Steinberg co-founded and served as the CEO of the cybersecurity firms, SecureMySocial and Green Armor Solutions, and served in several senior capacities at Whale Communications, which was acquired by Microsoft. Steinberg was named by NJBiz as one of New Jersey’s top businesspeople under the age of forty and chaired the Financial Advisory Board for a New Jersey municipality which, at the time, had combined municipal and education budgets of approximately $150-Million dollars. He is an alumnus of NYU’s Courant Institute of Mathematical Sciences.
