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UNITED KINGDOM UNITED STATES CANADA DUBAI AUSTRALIA NEW ZEALAND
Cyber-criminals demand a modern approach to information ...
2
ABOUT WYNYARD
Wynyard Group is a market leader in risk
management and crime-fighting software used in
investigations and...
3
NO-ONE IS IMMUNE
• Traditional perimeter defences, like proxies,
firewalls and VPNs, do not detect cyber-criminals
• Att...
4
GREATER INVESTMENT IN RAPID DETECTION
• According to Gartner, the allocation of enterprise
information security budget f...
5
GROWING ROLE OF THE CISO*
• Companies will look for
technology know-how so that
they can better understand
cyber-risks a...
6
SKILLS SHORTAGE IN CYBER-SECURITY
• Companies are spending more on cyber-security and increasing
the size of their cyber...
7
MORE GOVERNMENT AND PRIVATE SECTOR COLLABORATION
• We will see more government and private
enterprise collaboration to i...
8
CYBER-RISK WILL CLIMB THE BOARD AGENDA
• Directors need to understand how threats are
evolving, evaluate the degree of r...
9
GREATER SCRUTINY OF SUPPLIERS
• Many organisations don’t think
about the security practices of third-
party partners, ye...
10
A MATURING ATTITUDE
• Companies are increasingly acknowledging that
advanced cyber-threats are an unsolvable
problem
• ...
11
CRAIG RICHARDSON
Craig Richardson is Wynyard Group’s
founding Chief Executive Officer. He
was previously the Chief Fina...
12
RELATED BLOGS
Social media companies must do more to help fight extremism and terrorism
Former GCHQ deputy director cyb...
Cyber risk trends in 2015
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Cyber risk trends in 2015

Craig Richardson, CEO of crime fighting software company Wynyard Group shares his insights on the cyber risk trends for organisations in 2015.

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Cyber risk trends in 2015

  1. 1. 1 UNITED KINGDOM UNITED STATES CANADA DUBAI AUSTRALIA NEW ZEALAND Cyber-criminals demand a modern approach to information security Cyber trends for 2015 Published by Wynyard UK
  2. 2. 2 ABOUT WYNYARD Wynyard Group is a market leader in risk management and crime-fighting software used in investigations and intelligence operations by government agencies and financial organisations. Wynyard solutions help solve and prevent crime, defend against advanced persistent cyber-threats and counter terrorism. Wynyard’s powerful software platform combines big data, advanced crime analytics and tradecraft to identify persons of interest, stop offenders and protect victims. Wynyard has more than 120,000 users and offices in the United States, United Kingdom, Canada, United Arab Emirates, Australia and New Zealand. For more information, visit wynyardgroup.com
  3. 3. 3 NO-ONE IS IMMUNE • Traditional perimeter defences, like proxies, firewalls and VPNs, do not detect cyber-criminals • Attacks are often undetected until it’s too late • Companies now need to detect threats inside the firewall and as they develop
  4. 4. 4 GREATER INVESTMENT IN RAPID DETECTION • According to Gartner, the allocation of enterprise information security budget for rapid detection and response approaches will rise from less than 10% in 2012 to 60% by 2020 • Smart companies and governments are building cyber-intelligence by reducing the unknown unknowns that could impact operations or economies
  5. 5. 5 GROWING ROLE OF THE CISO* • Companies will look for technology know-how so that they can better understand cyber-risks and make informed decisions • Organisations are elevating the CISO* position to have an equal voice in terms of resource priorities and risk decisions * Chief Information Security Officer
  6. 6. 6 SKILLS SHORTAGE IN CYBER-SECURITY • Companies are spending more on cyber-security and increasing the size of their cyber teams • People with direct first-hand experience in identifying cyber-risks and improving defence are in low supply • This skills shortage will worsen as the size of security teams increases • Companies are spending more on cyber-security and increasing the size of their cyber teams • People with direct first-hand experience in identifying cyber-risks and improving defence are in low supply • This skills shortage will worsen as the size of security teams increases
  7. 7. 7 MORE GOVERNMENT AND PRIVATE SECTOR COLLABORATION • We will see more government and private enterprise collaboration to improve the defence of businesses and critical national infrastructure • The Australian cyber-security review is a good example • This trend will grow as governments acknowledge they need to work with businesses to tackle this increasing problem
  8. 8. 8 CYBER-RISK WILL CLIMB THE BOARD AGENDA • Directors need to understand how threats are evolving, evaluate the degree of risk and set strategies for countering attacks • Information-driven cyber-intelligence allows directors to assess, manage and minimise risk, and plan for the likelihood and consequences of specific types of attack • Responsibility for network security is increasingly being handed to risk committees from audit committees
  9. 9. 9 GREATER SCRUTINY OF SUPPLIERS • Many organisations don’t think about the security practices of third- party partners, yet plenty will be providing critical services or holding sensitive information • Most organisations don’t include security provisions in contract negotiations with external suppliers • Organisations must require at least the same standards of their third- party partners as they set for themselves
  10. 10. 10 A MATURING ATTITUDE • Companies are increasingly acknowledging that advanced cyber-threats are an unsolvable problem • Cyber-security is a responsibility shared by all — the public sector, the private sector and the general public
  11. 11. 11 CRAIG RICHARDSON Craig Richardson is Wynyard Group’s founding Chief Executive Officer. He was previously the Chief Financial Officer of Coca-Cola Amatil’s (ASX:CCL) Pacific operations and VP Finance for BlueScope Steel (ASX:BSL) for the region. Craig has also held senior executive roles in finance, strategy and planning with Vodafone in Sweden and Australia. Craig is a certified practising accountant and fellow of CPA Australia. He is currently a board member of Crown entity Callaghan Innovation. https://www.wynyardgroup.com/en/ab out/management-team/
  12. 12. 12 RELATED BLOGS Social media companies must do more to help fight extremism and terrorism Former GCHQ deputy director cyber defence joins Wynyard Group Cyber attacks - The importance of managing the risk Cyber risk is here to stay Managing cyber risk in the organisation in 2015 Cyber trends in 2015 CLICK HERE TO RECEIVE MORE INFORMATION ON CYBER RISK

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