As our online and offline lives merge, cybersecurity has crept into mainstream consciousness as both a business and personal concern.
The World Economic Forum predicts that crimes in cyberspace will cost the global economy $445 billion this year. At the same time, the number of smartphone users worldwide is expected to cross 2.1 billion, making the Apple vs. the FBI battle around the issues of encryption and privacy relevant to almost a third of the global population.
Hack attacks are increasing in sophistication and success — 2015 saw a record number of reported data breaches, with 3,930 incidents exposing more than 736 million records, according to Dataloss DB. At the same time, the "Internet of Things" (IoT) is exposing a whole set of new devices, from connected cars to heart rate monitors.
"If you look at the results over the last 10 years, no one would suggest we would have more privacy and security; we have less," said Arthur Coviello, an industry leader, investor and former executive vice chairman of RSA. (RSA is owned by EMC Corp.)