Wave Systems CEO Warns Me About Americans’ 2 Biggest Cybersecurity Vulnerabilities

Benzinga recently had the chance to speak with Wave Systems Corp. WAVX 8.48% CEO Bill Solms about the modern landscape of cybersecurity.

Solms discussed the lessons that companies should learn from recent headline-grabbing security breaches, and he issued warnings to the American public about two of the most common security vulnerabilities.


According to Solms, weak authentication security and lack of data encryption are the two biggest shortcomings when it comes to the digital security of the typical American. Without strong multi-factor authentication, hackers are able to gain access to data by mimicking authorized users. Once they have access to an account, data that is either weakly encrypted or not encrypted at all is vulnerable to theft.

“Just by changing authentication security and data encryption strength, people would dramatically increase their resistance to identity theft or other cyber-attacks,” he said.

Strong Passwords Not Enough

Solms said that…

Read the rest of this article (and all my other articles) for free on Benzinga by clicking here

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common SenseI don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!