Story image

70% of security experts say social media should be government regulated

28 Apr 18

Following on from the Facebook fiasco, the majority of security professionals are of the same mind - there needs to be change with how social media platforms collect data.

Venafi has announced the results of a survey querying 512 security professionals attending the RSA Conference 2018. The study sought to evaluate opinions and beliefs on the intersection of cybersecurity, privacy threats and government regulation.

According to the survey, 70 percent of the respondents say governments should regulate the collection of personal data by social media companies in order to protect user privacy.

Despite this, it appears the majority have little faith in their governments as a whopping 72 percent believe their officials don’t have a good understanding of the threats impacting digital privacy.

“These results are disturbing,” says Venafi vice president of security strategy and threat intelligence Kevin Bocek.

“While security professionals agree that government officials do not understand the nuances of social media and digital privacy, they’re still looking to them to regulate the technology that permeates our daily lives.”

Furthermore, an additional 74 percent of the respondents don’t have have a good understanding of the current cyber threat landscape. However, it would appear their lack of confidence only goes so far as 45 percent believe governments should be able to impose encryption backdoors on private companies.

"It’s disheartening that so many security professionals think encryption backdoors will somehow make us safer. There is no question that they will undermine our global economy and make digital communication much more vulnerable,” says Bocek.

“Any backdoor will be extremely lucrative, so cyber criminals will spend an enormous amount of effort to steal one. And once a backdoor is leaked it’s certain to be available to the highest bidders on the dark web.”

AlgoSec delivers native security management for Azure Firewall
AlgoSec’s new solution will allow a central management capability for Azure Firewall, Microsoft's new cloud-native firewall-as-a-service.
How to configure your firewall for maximum effectiveness
ManageEngine offers some firewall best practices that can help security admins handle the conundrum of speed vs security.
Exclusive: Why botnets will swarm IoT devices
“What if these nodes were able to make autonomous decisions with minimal supervision, use their collective intelligence to solve problems?”
Why you should leverage a next-gen firewall platform
Through full lifecycle-based threat detection and prevention, organisations are able to manage the entire threat lifecycle without adding additional solutions.
The quid pro quo in the IoT age
Consumer consciousness around data privacy, security and stewardship has increased tenfold in recent years, forcing businesses to make customer privacy a business imperative.
ForeScout acquires OT security company SecurityMatters for US$113mil
Recent cyberattacks, such as WannaCry, NotPetya and Triton, demonstrated how vulnerable OT networks can result in significant business disruption and financial loss.
'DerpTrolling’ faces jail time for Sony DoS attacks
A United States federal court has charged a 23-year-old man for the hacks on Sony Online Entertainment and other major companies back in 2014.
Dropbox strengthens security with raft of new partnerships
Integrations will keep customer content protected and secure with tools for controlling identity access, governing data, and managing devices.