Benchmarking Cybercrime from Accuracy
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Why benchmark Cybercrime? Organizations rely on Information Technology ("IT" or "Cyber") to conduct business, communicate, and process digital information. A poorly designed or inadequately controlled IT environment can expose an organization to cybercrime, including fraud.
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Benchmarking Cybercrime from Accuracy
- 1. 1 IAA Benchmarking Cybercrime 24th June 2021 Benchmarking Cybercrime
- 2. 2 IAA Benchmarking Cybercrime We serve our clients all around the world ONE FIRM OUR OFFICES Amsterdam Barcelona Beijing Casablanca Dubai Frankfurt Hong Kong London Luxembourg Madrid Milan Montreal Munich New Delhi Paris Quebec Singapore Toronto 1 partnership Across 13 countries 450 with 50 partners professionals
- 3. 3 IAA Benchmarking Cybercrime Paul WRIGHT Senior Advisor Tel.: +971 4 373 6911 Mobile: +971522 449429 paul.wright@accuracy.com Darren MULLINS Tel.: +971 4 373 6911 Mobile: +971 56 682 5681 darren.mullins@accuracy.com Partner
- 4. 4 IAA Benchmarking Cybercrime History of Cybercrime Current trends Future of Cyber Crime & Cyber Security (Cyber Fraud)
- 5. 5 IAA Benchmarking Cybercrime Now, how observant are you?
- 6. 6 IAA Benchmarking Cybercrime Measure ever changing risks Reduce the threat Risk appetite IT Bias Why benchmark Cybercrime? Controls and measures
- 7. 7 IAA Benchmarking Cybercrime Asset Management Business Environment Risk Assessment Supply Chain Risk Management Strategy Governance IDENTIFY 01 The Identify Function assists in developing an organizational understanding to managing cybersecurity risk and cyber fraud to systems, people, assets, data, and capabilities. Identifying the risks enables a business to focus and prioritize its efforts, consistent with its risk management strategy and business needs. General Risk Security
- 8. 8 IAA Benchmarking Cybercrime Access Control and Identity Management Awareness & Training Information Protection Protective Technology Maintenance Data Security PROTECT 02 The Protect function supports the ability to limit or contain the impact of potential cybersecurity and cyber fraud events.
- 9. 9 IAA Benchmarking Cybercrime Security Monitoring Detection Process Anomalies & Events DETECT 03 The Detect Function defines the appropriate activities to identify events and enables timely discovery of cybersecurity and fraud events.
- 10. 10 IAA Benchmarking Cybercrime Communications Management Response Planning RESPOND 04 The Respond Function includes appropriate activities to take action regarding a detected incident. It also supports the ability to contain the impact of a potential incident Analysis
- 11. 11 IAA Benchmarking Cybercrime Improvements Communications Recovery Planning RECOVER 05 Recovery identifies appropriate activities to maintain resilience plans, and it supports timely recovery to normal operations to reduce the impact of cybersecurity or cyber fraud incident.
- 12. 12 IAA Benchmarking Cybercrime 01 06 05 02 03 04 Understanding IT policies, procedures and documentation Different objectives to Internal Audit Asking the right IT and Risk questions for your specific company Priorities Interpretation of what can technically be achieved Tribalism
- 13. 13 IAA Benchmarking Cybercrime Measure ever changing risks Reduce the threat Risk appetite Conclusion Controls and measures