The media and entertainment industry has quickly developed into a prime target for ransomware. Organizations as large and diverse as Disney, Sony and France’s M6 Group have all been affected by cyberattacks in recent years.
Research from Forrester Consulting indicates that more than half of organizations (51%) in the M&E sector experienced three or more cyber-attacks in just 12 months, while Sophos’ ‘State of Ransomware 2020’ report found that media and entertainment is among the industries most affected by ransomware, with 60% of organizations hit last year.
With the average cost of a TV show on a major network or streaming service at nearly $6 million dollars per episode, the inability to access even a small portion of key files can be financially disastrous for production companies.
So, what is putting M&E businesses at risk and how can they effectively protect their media assets against the growing ransomware threat?
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Roger Harvey (Regional Director, Japan, SEA, ANZ) talks to IABM TV about piracy and how Irdeto are using watermarking to stop illegal streaming. Roger also discusses the differences in legal framework in the APAC region compared to the likes of Europe.
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Richard Welsh (Sundog Media Toolkit) discusses use of off-the-shelf and custom AI to protect the video using various machine-vision techniques
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Fraudsters are turning to more and more sophisticated methods of scamming individuals and businesses out of money, with the latter increasingly a target. A common tactic they may use is sending spoof emails impersonating a senior member of staff to try and deceive employees into transferring money.
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IABM, the international trade association for suppliers of broadcast and media technology, has recently published a business intelligence update on the Middle East and North Africa region to keep our members up to speed with what’s going in this diverse market, so they can get the most out of the forthcoming Cabsat show. Here’s a taster of its findings; IABM members can read the full report on the IABM website. A diverse market in transition The Middle East and North Africa is a diverse region made up of countries at varying levels of economic development. While GCC states boast living standards comparable with those of North America and Europe, other countries in this region are less developed. This diversity translates into different levels of broadcast and media development. While the Middle East is already home to some UHD offerings, North African broadcasters remain focused on long-standing technology transitions such as the upgrade to digital broadcasting. [bctt tweet="While the Middle East is already home to some UHD offerings, North African broadcasters remain focused on long-standing technology transitions such as the upgrade to digital broadcasting - State of play in the MENA market - IABM Journal"] Piracy – doing the right thing...
