Cybersecurity: Trade-offs in technology

[vc_empty_space height=”10px”][vc_media_type_category]By Jonathan Curtis and James Cross, Franklin Templeton

How many times have we heard the expression: “Data is the new oil”?

As data transmission and storage get cheaper, we generate and collect more and more data. More data enables smarter choices, but only if you can separate signal from noise. As the quantity of data rises exponentially, it becomes a lot harder to do so.

The dazzling array of new technologies continues to amaze us. Yet, technology advancements often come with consequences, such as cyberattacks. And as we move into a world in which virtual reality and augmented reality are set to play an essential role, cybersecurity becomes more important than ever before.

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