'UBS Podcast: Defending against cyber attacks - Security tips from an ex-Israeli military cyber officer'




Top of the Morning – UBS Wealth Management Research show

Summary: Today’s sophisticated encryption methods make it almost impossible for hackers to infiltrate a computer network by cracking a security code. Instead, most cyber criminals rely on human deception. "It’s easier for them to manipulate human beings into doing something they want," said Paz Grimberg, a Quantitative Analyst and Software Developer for Water Island Capital and a former member of the Israel Defense Forces elite cyber unit. "The weakest link is the human factor." Grimberg spoke with Anthony Pastore, Head of UBS Wealth Management Americas On-Air, about the history of encoding and cyber attacks - from the encryption methods of the ancient Greeks to today’s cyber security protocols - as well as how "social engineering" can lead to major security issues.