The webinar will not only address this but pinpoint where we are right now in providing that trust. The presenter will highlight today’s reality with data from the World Economic Forum and the Edelman trust report, combined with other reputable data sources.
Malcolm evaluates the economic principle of efficiency and how our current approach to information security is not only economically inefficient but is negatively impacting the trust we so badly need. Also, he will explain the traditional mindset of trading risk versus shareholder value, and how our corporate controls impact the velocity of business growth.
Malcolm will share real-world non-security success stories where control and business growth have been done extremely effectively. Hear about organizations’ societal impacts. Finally, Malcolm will provide insights from these cases and bring perspectives from others to draw lessons that will be highly valuable to CISOs and their teams.
Main points covered:
• Are we providing trust with Information Security?
• The efficient Economic approach in Information Security
• Insights from real-world cases of business growth
Presenter:
Our exclusive presenter, Malcolm Harkins is the Chief Security and Trust Officer at Cylance Inc. In this role, he is responsible for enabling business growth through trusted infrastructure, systems and business processes. He received several awards, including Computerworld’s Top 100 Information Technology Leaders for 2012 and the Security Advisor Excellence in Innovation Award in 2015.
Link to the recorded webinar: https://youtu.be/xphK1bBwdm8
6. ISSA Thru the Eyes of Cyber Professionals – Part 2
½ significantly vulnerable
½ somewhat vulnerable
World Economic Forum Risk Report - Feb 2017
Technology is a source of disruption & polarization
Top 5 risk trends
Income/Wealth Disparity
Climate Change
Polarization of Societies
Cyber Dependence
Aging Population
TO D AY ’ S R E AL I T Y
7. Edelman Trust Report – Feb 2017
Implosion of Trust – 2/3 distrusters
We are in treacherous seas without
a firm mooring
Europol - Internet Crime Report – Oct 2016
Acceleration of previous trends
APT & cybercrime boundaries blur
Majority of attacks are neither sophisticated
or advanced
TO D AY ’ S R E AL I T Y – C O N T.
8. 9 B O X O F C O N T R O L S : R I S K M I T I G AT I O N
Where most of the
industry is focusedControlTypes
Respond
Detect
Prevent
Automated Semi-Automated Manual
Control Approaches
Source: Managing Risk and Information Security 2nd Edition Malcolm Harkins
9. TO D AY ’ S R E AL I T Y
Information security is an economic inefficiency.
10. Economic efficiency implies an economic state in which
every resource is optimally allocated to serve each
individual or entity in the best way while minimizing waste
and inefficiency.
The ideal state is related to the welfare of the population as
a whole with peak efficiency also resulting in the highest
level of welfare possible based on the resources available.
W H AT I S E C O N O M I C E F F I C I E N C Y ?
11. Our approach to information
security is the cause of
economic inefficiency.
TO D AY ’ S R E AL I T Y
12. TO D AY ’ S R E AL I T Y
We are not resistant to, nor are we resilient from, cyber risks.
13. T E M P O R AL AD VA N TA G E
To put it simply: threat actors have had
a temporal advantage over us. We have
been playing catch-up for decades.
14. 74.1% correlation between
breach activity and security
industry revenue growth.*
TO D AY ’ S R E AL I T Y
*Piper Jaffray, Breacher Report – 10.16
15. Cybersecurity stocks boom
after ransomware attack
The market capitalizations of
the five biggest cybersecurity
related companies in the
industry rose by more than
$5.9 billion*
TO D AY S R E AL I T Y
WA N N A C RY M AY ‘ 1 7
* The Gaurdian and Fortune – May 2017
16. * Harvard Business School – Sept 2016
America’s economic performance
peaked in the late 1990s
America’s economic challenges
are structural, not cyclical
Divisive political rhetoric and an
uninformed national debate have
confused the average American
about what the country needs to
do to restore the economy
This confusion is a serious obstacle
to America’s ability to make progress
T H E S TAT E O F U S
C O M P E T I T I V E N E S S *
17. There is almost a complete
disconnect between the national
discourse and the reality of what is
causing our problems and what to do
about them
This misunderstanding of facts and
reality is dangerous, and the
resulting divisions make an already
challenging agenda for America even
more daunting
T H E S TAT E O F U S
C O M P E T I T I V E N E S S *
* Harvard Business School – Sept 2016
18.
19. H U G E O P P O R T U N I T I E S I N AL L AR E A S O F L I F E
20. AC H I E V I N G E C O N O M I C E F F I C I E N C Y
Where most of the
industry is focusedControlTypes
Respond
Detect
Prevent
Automated Semi-Automated Manual
Control Approaches
Source: Managing Risk and Information Security 2nd Edition Malcolm Harkins
24. 1911 SOUTH POLE EXPEDITION
1st to the Pole, led by Roald Amundsen 2nd to the Pole, led by Robert Scott
“…wait for the spring. To risk men and animals
by continuing stubbornly once we have set off,
is something I couldn't consider. If we are to
win the game, the pieces must be moved
properly; a false move and everything could be
lost.“ - Roald Amundsen, Norwegian Explorer
25. “Victory awaits him who has everything in order.
Defeat is certain for him who has neglected to
take all the necessary precautions in time.”
Roald Amundsen, on the South Pole
26. Fanatical Discipline
Productive Paranoia
Empirical Creativity
Limitless Ambition
Different Behaviors NOT
Different Circumstances
* Great by Choice
KEY LEARNINGS FROM
AMUNDSEN & 10XERS:
31. T H E M O D E R N E N T E R P R I S E :
N E E D TO T U N E TO T H E TAR G E T
COST AND
MAINTENANCE
PRODUCTIVITY
AND USER EXP.
RISK AND
COMPLIANCE
MARKET
OBJECTIVES
CUSTOMER
NEEDS
33. In 1879, the French started building
the Panama Canal.
Torrential rains averaging
200 inches a year washed away
much of the work.
H O W I T B E G AN
34. The Solution? Quinine…
…but the quinine used to treat
malaria left many workers deaf.
A TO X I C C O N T R O L
35. T H E T I M E L I N E
1903
• Panama declares itself
a country. US gains
construction rights.
Feb 1904
• US Congress
officially created the
Panama Canal Zone.
1909
• Work on canal
locks begins.
1913
• US Congress officially
created the Panama
Canal Zone.
Aug 15 1914
• Canal officially
opens in August.
36. Major Ronald Ross discovered that malaria
was transmitted by mosquitoes.
The control of malaria was vital for the
construction of the Panama Canal.
P R O B L E M ? S O L U T I O N .
37. Experts on sanitation.
Col. W.C. Gorgas, along
with others in 1904, formed
the sanitary department for
the canal zone.
A M AN . . .
H I S P L AN …
AN D A C AN A L .
38. Eradication of yellow fever
Death rate dropped in workers
from 11.59 per 1000 in
November 1906 to 1.23 per
1000 in December 1909
Death rate dropped in total
population from 16.21 per 1000
in July 1906 to 2.58 per 1000 in
December 1909
M AL A R I A C O N T R O L
P R O G R AM R E S U LT S
39. The construction of the panama
canal was made possible only
after yellow fever and malaria
were controlled.
E C O N O M I C E F F I C I E N C Y
40. Malaria wasn’t eliminated but
the root causes were identified,
the source of problems were
prevented, and construction
was completed, leading to
dramatic worldwide social
and economic benefit.
L E S S O N S F O R S E C U R I T Y
41. “The greatest danger for most of us is not that
our aim is too high and we miss it, but that it is
too low and we reach it.”
Michelangelo
Italian Renaissance Man
42.
43. “ A c c e p t i t … t h e y a r e g o i n g t o g e t i n . ”
C I S O P a n e l – I S S A L o s A n g e l e s , M a y 2 0 1 7
44. P R I VAC Y S H O U L D
B E I N C L U D E D I N
D E S I G N – N O T AS
AN AF T E R T H O U G H T.
45. “The ultimate measure of a man is not where he
stands in moments of comfort and convenience,
but where he stands at times of challenge and
controversy.”
Martin Luther King, Jr.
Times of Challenge and Controversy
46. E D E L M AN T R U S T R E P O R T 2 0 1 7
Onus is on business to prove that it’s possible to
act in the interest of shareholders and society.
47. “…where our interests are clear and our values
are at stake and we can make a difference, we
must act and we must lead.”
Madeline Albright, “Doability Doctrine”
Statement before SFRC January 8th 1997, Stockholm Sweden
48. C O M P U T I N G
D O N E R I G H T
Risk Reduction.
Economic Expansion.
Societal Benefit.
The list goes on…
49. ISO 27001 Training Courses
ISO/IEC 27001 Introduction
1 Day Course
ISO/IEC 27001 Foundation
2 Days Course
ISO/IEC 27001 Lead Implementer
5 Days Course
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5 Days Course
Exam and certification fees are included in the training price.
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Malcolm Harkins, Cylance’s CISO (previously Intel’s CISO and Chief Security and Privacy Officer) developed this “9-Box slide” for his upcoming book, Managing Risk and Information Security, 2nd Edition.
Axis: These are abstracted to some extent from products
Y-axis describes products whose features range from Prevention to Response.
X-axis describes products whose operational modes range from Automated to Manual
Most of the industry is focused toward the upper right
Cylance is focused near the lower left
Most of the entire industry is in the upper left because they make more money there. The industry profits from the insecurity of computing so most in the industry has no economic incentive to do what is really needed which is to be in the lower left. If the total costs of controls shrank then the industry which shrink.
Malcolm Harkins, Cylance’s CISO (previously Intel’s CISO and Chief Security and Privacy Officer) developed this “9-Box slide” for his upcoming book, Managing Risk and Information Security, 2nd Edition.
Axis: These are abstracted to some extent from products
Y-axis describes products whose features range from Prevention to Response.
X-axis describes products whose operational modes range from Automated to Manual
Most of the industry is focused toward the upper right
Cylance is focused near the lower left
Most of the entire industry is in the upper left because they make more money there. The industry profits from the insecurity of computing so most in the industry has no economic incentive to do what is really needed which is to be in the lower left. If the total costs of controls shrank then the industry which shrink.
In October 1911, two teams of adventurers made their final preparations in their quest to be the first people in modern history to reach the south pole. For one team it would be a race to victory and a safe return home. For members of the other team a devastating defeat reaching the pole only to find their rivals planted a flag 34 days earlier followed by a race for their lives to return. Unfortunately all 5 members of the 2nd team perished.
What separated these men and these teams? Why did one achieve success in such extreme conditions and one failed even to survive?
Amundsen built systematically enormous buffers for unforeseen events, he designed the entire journey to systematically reduce the role of big forces and chance events. He presumed bad events might strike and he prepared for them developing contingency plans
so how do race car drivers stay safe doing something so risky and at a similar pace of computing?
Back in 1534, King Charles V of Spain had sought a passage across the Panamanian isthmus to speed the arduous months-long journey undertaken by ships traveling between Peru and Spain. Three hundred and eighty years later, the route hadn’t become that much easier or faster for ships carrying goods from coast to coast.
In 1879, the French started building the Panama Canal. Torrential rains averaging 200 inches a year washed away much of the work. Over the next 20 years, between 16,000 and 22,000 workers died from malaria, yellow fever, typhoid, and accidents.
Malaria was so abundant that it was estimated that 1/6 of the population of the workers in camps was suffering from malarial attacks each week
In 1903, Panama officially declared itself an independent country, giving the United States construction rights for the canal.
In February of 1904, the US Congress officially created the Panama Canal Zone.
The Panama Canal was built by the United States between 1904 and 1914 work.
The Panama Canal was completed by the US on August 15, 1914.
Shipping traffic started using the canal from its unofficial opening on 15 August 1914
The canal transformed world trade by facilitating shipping from the West Coast of the Americas to Europe and from Asia to the East Coast, but its biggest impact was on the U.S. economy.