Blackberry seeks measures against $400b global loss to data breaches

BLACKBERRY Limited, a global leader in secure mobile communications, has announced the launch of its new Professional Cybersecurity Services practice that will further expand BlackBerry’s security portfolio by offering organizations new consulting services, tools and best practices to assess and thwart ever-changing cybersecurity risks.

This is coming on the heels of the Canadian firm’s call for concerted efforts against data breaches, which currently cost the global economy more than $400 billion every year.
BlackBerry observed that Cybersecurity is a persistent and increasing business risk for organizations that depend on mobile endpoints that connect through networked and cloud-enabled platforms.
“It is estimated that data breaches currently cost the global economy more than $400 billion every year.  Some industry sectors, such as automotive, are being forced to grapple with cybersecurity threats for the first time as cars become more connected, intelligent and self-sufficient. As cybersecurity threats become more pervasive with increasing Internet connectivity, there is a greater demand for more robust defensive tactics to combat these risks. BlackBerry’s Professional Cybersecurity Practice is intended to address that market demand”, the firm stated.
According to the mobile phone maker, Cybersecurity consulting is currently estimated to be a $16.5 billion yearly global business that is forecast to grow to $23 billion per annum by 2019. As such, cybersecurity consulting represents a natural market opportunity for BlackBerry since it already securely manages hundreds of millions of mobile endpoints and provides critical systems software for more than 60 million connected cars.
As such, the firm said its new cybersecurity consulting services and tools, combined with BlackBerry’s existing security solutions will help customers identify the latest cybersecurity threats, develop risk appropriate mitigation strategies, implement and maintain IT security standards and techniques and defend against the risk of future attacks.
BlackBerry’s new global Professional Cybersecurity Services practice will address: strategic security (best practices in IT operation ranging across enterprise mobility management and cloud services);  technical security(technical assistance for infrastructure and product development lifecycle);  automotive and IoT security (security consulting services as the rapid commercialization of IoT solutions makes security and privacy a top priority).
This includes forensic services, business security status via IT health checks, training, regulatory compliance and security breach management through incident response.
Executive Chairman and CEO, BlackBerry, John Chen, said BlackBerry is the gold standard when it comes to security and “we’re always evolving to maintain this high standard as the complexity of enterprise mobility and security increases.
“We recognize that security vulnerabilities are a top risk concern for public and private sector organizations alike. The creation of our Professional Cybersecurity Services practice and acquisition of Encription reinforces our commitment to providing customers the industry’s most secure mobility solutions and helping them to assess and mitigate risks.”

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