Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  BlackBerry Ltd    BB   CA09228F1036


News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

BlackBerry : How to Adapt, Survive and Thrive in Our Hyperconnected World

share with twitter share with LinkedIn share with facebook
share via e-mail
03/06/2019 | 06:52pm EDT

As the concept of the Internet of Things celebrates its 20th year, it is worth considering how far the idea has come in that time. Technology has moved at such a pace that we now have the Enterprise of Things that refers to the internet-enabled machines, devices, networks and apps that connect businesses. We have even started discussing the Internet of Everything in an attempt to acknowledge today's hyper-connected world.

With this trend accelerating further, the challenge of securing 'all the things' becomes even greater. The sheer scale of this task can often get lost in the complexity of achieving it, but to appreciate its importance, it can help to take a step back and consider some examples.

Until recently, planes were seemingly the last bastion of disconnected peace and quiet. But with Wi-Fi now increasingly available on short and long-haul flights, air travel has opened a potential attack vector which could have deadly consequences should it allow malicious cyber activity.

Soldiers risking their lives to protect national security now rely on wearable technology to the extent that mechanics run up and down their arms and legs. These devices communicate battlefield orders, but if they aren't secure and are hacked, soldiers risk walking into the line of fire, putting their lives at risk.

The elections in the US and around the world has shown democracy itself can also be susceptible to a lack of security. Ballot boxes which use technology in an attempt to secure and enable democracy are at risk of hacking, which could subvert it.

If these scenarios sound somewhat far-fetched or separate to most people's daily experiences, consider the issue of smart homes. From smart displays and speakers to internet-enabled light bulbs, we are incorporating technology which makes our homes more convenient and responsive to our needs. But this also opens up attack vectors which allows malicious actors to unlock a front door or garage and access the property. Convenience without security is simply risk.

Healthcare is another area which impacts our lives every day. As technology advances, so does risk. Pacemakers are now connected to the internet to enable software updates and allow doctors to change the settings depending on a patient's need. The perils of a lack of security here are obvious, and demonstrate in the clearest possible terms the need to match the pace of innovation with the pace of protection.

As the Internet of Things prepares to enter its third decade and with 2019 upon us, security is set to define its ongoing success. Securing 'All the Things' and data integrity and privacy has never been more important - nor more front of mind.

While technology advances at an ever more dizzying pace, ensuring that security is woven into the fabric - from inception to factory floor to front room - is imperative. As business models evolve, so must our very definition of what is secure. With increased and more personal risks, we must find solutions before it's too late. Cyber-resilience is fundamental to ensuring we achieve the potential that hyper-connectivity offers, improving our lives rather than stealing the future from us.

As a guest speaker at the recent New York and London BlackBerry Security Summits, I was buoyed to see companies like BlackBerry bring together industry speakers, partners, customers and start-ups to share, collaborate, find solutions and embrace the opportunity that cybersecurity in the IoT era presents. As an industry, we need to work together to help governments, health institutions, banks, manufacturers and many other industries around the world to navigate our connected future and its inherent threats.

Now a cybersecurity software and services company, I was surprised to hear how much BlackBerry is still part of the fabric of our lives - not quite as visible, but doing the same job. That is, keeping data secure and private and keeping people safe. To name a few, BlackBerry software is used in autonomous cars, drones, ECG machines, medical surgical robots, airline black boxes, trains, safety and incident response at universities - and even in the NASA space station. It goes to show there are a lot of amazing opportunities out there for anyone considering a career in cybersecurity!

That is why we are excited to announce that BlackBerry is one of the companies partnering with AustCyber to support Cyber Taipan in Australia - a national cybersecurity competition for 12-18 year olds with the goal to help find the nation's next generation of cyber experts. With Cyber Taipan and other initiatives, AustCyber is working together with the industry to help address the IT skills gap and huge demand for skilled cyber technologists in Australia. The final will take place on March 16th in Canberra.

Watch Michelle's full session from BlackBerry Security Summit 2018 below.

Click here for more information about AustCyber and here for more information about Cyber Taipan.

For more information about cybersecurity opportunities at BlackBerry, visit our Careers page or https://twitter.com/BlackBerryJobs

Michelle Price serves as CEO of Australian Cyber Growth Network.


BlackBerry Ltd. published this content on 06 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 March 2019 23:51:09 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on BLACKBERRY LTD
09:55aBLACKBERRY : Appoints SYNNEX Corporation as new American Distributor to Manage a..
07/18BLACKBERRY : Genetec Partners with BlackBerry Cylance to include AI-based antivi..
07/16BLACKBERRY : Hackers Are Making Bank on Financial Services – That Needs to..
07/12BLACKBERRY : Coordination and Safety Go Hand in Hand
07/10TSX rises 0.11 percent to 16,563.29
07/10BLACKBERRY : Launches 24x7 Threat Hunting with CylanceGUARD
07/09VIDEO : BlackBerry's Annual General Meeting 2019
07/09BLACKBERRY : It's Time to Recognize User Needs and Secure Them
07/08BLACKBERRY : Changing Market Dynamics? Automotive Cloud Becomes Attractive Again..
07/01BLACKBERRY : to Help Modernize Canada's Indigenous People's Technology Infrastru..
More news
Financials (USD)
Sales 2020 1 137 M
EBIT 2020 48,0 M
Net income 2020 -79,6 M
Finance 2020 471 M
Yield 2020 -
P/E ratio 2020 -54,5x
P/E ratio 2021 101x
EV / Sales2020 3,00x
EV / Sales2021 2,56x
Capitalization 3 882 M
Duration : Period :
BlackBerry Ltd Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BLACKBERRY LTD
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 13
Average target price 11,06  $
Last Close Price 7,09  $
Spread / Highest target 56,0%
Spread / Average Target 56,0%
Spread / Lowest Target 56,0%
EPS Revisions
John S. Chen Executive Chairman & Chief Executive Officer
Bryan Palma President & Chief Operating Officer
Steven M. Capelli Chief Financial Officer
Charles Eagan Chief Technology Officer
Barbara G. Stymiest Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
SPLUNK INC31.75%20 745
SYNOPSYS60.24%20 235