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Cyber Risk
Management InThe
New Digitalisation Age
Presented by
Kenneth Wee, Commercial Director
11 Dec 2020
CYBERATTACK
RANSOMWARE
Without you knowing,
your business could
have already been
compromised
DATA BREACH
Is it only IT’s issue?
Mindset Shift
NewWorking
Normal
WFH Risks Exposure
Home Network
Unsecured
FreeApplication
Downloads
Online Free
CollaborationTools
IsYour Business
At Risks?
With the increased in
Cyberattacks,
Cybersecurity is not
simply an IT issue but
must be viewed as
a Business Risk
Singapore
Cyber Landscape
Source:
Singapore’s Safer Cyberspace Masterplan 2020 – CSA.gov.sg
Singapore SME Cyber Preparedness Report 2019 by Chubb
40% of
Cyberattacks in SG
Target SMEs
65% of SMEs
were victims of
cyber incident in
the past year
40% of all
breaches involved
customer records
53% of cyber
incidents in the past
12 months were
caused by employees
Cyber Headlines in RecentTimes
➢ No ‘sunrise’ or transition period
➢ Stiffer penalty for data breaches
PDPA (Amendment) Bill
passed in Parliament
2 Nov 2020
CyberThreats
CyberThreats
Source:
Singapore Cyber Landscape Report 2019 by Cyber Security Agency of Singapore(CSA)
Hackers simply
want to
“Vandalise”
your webpage?
Image source: Google
Google Malaysia Thai Airways
SMRT Website 13 Schools in Singapore Credit Bureau Singapore
Trump Campaign Website
VisualWeb Defacement
Case 1: British Airways (Sep 2018)
- Website breach
- Undetected for more than 2 months
- Personal and payment information were
compromised
Source: ico.org.uk, www.cnet.com
Source: https://www.straitstimes.com/tech/love-bonito-customers-data-breached-credit-card-details-exposed-watchdog-investigating
Case 2: Love Bonito (Dec 2019)
- Website breach
- Online users' data had been compromised
- Some customers’ credit card information
were exposed including expiry date and
CVVs
Web Defacement
Business Implications
Revenue Loss
Regulatory fines
Legal fees
Opportunity Cost
Data Breach
SOCIAL ENGINEERING
BEC
PHISHING
SPEAR
WHALING
BUSINESS EMAIL COMPROMISED
CEO FRAUD
PRETEXTING
EMAIL ACCOUNT
COMPROMISE
BEC
SMISHING
SOCIAL
ENGINEERING
PHISHING
SPEAR
BUSINESS EMAIL
COMPROMISE
VISHING
PHISHING
WHALING
Phishing
Threats
• Open email attachment
• Clicking a link
• Transfer sensitive information
• Transfer funds
Did you know……
Phish kits for sale
on dark web
From $20 per
phish kit
Image source: www.group-ib.com/media/how-much-is-the-phish/
Email Phishing Example
Sender:
sales.crm@abc.com
Actual sender:
ogtleg@www331b.sakura.ne.jp
Business Implications
Monetary loss
- Money transferred to Hackers’ account
Ransomware
- Busines disruption
- Recovery cost
Malware infecting network and servers
- Affecting business operations and
productivity
CHRONOLOGY OF DATA BREACH
Personal Data
3rd Party Corporate Data
Information
Unauthorized
Access/Disclosure/Use
Theft / Loss
Forensic
Investigation
Legal Review
Notification
Public
Relations
Legal Defence
Costs
Damages &
Settlements
Reputational
Damage
Business
Income Loss
DISCOVERY OF A
DATA BREACH
EVALUATIONOF
THE DATA
BREACH
SHORT
TERM
RESPONSE
LONGTERM
CONSEQUENCES
Shared Responsibility Model?
CUSTOMER
RESPONSIBILITY FOR
SECURITY “IN”THE CLOUD
CLOUD SERVICE PROVIDER
RESPONSIBILITY FOR
SECURITY “OF”THE CLOUD
CustomerApplications & Content
Network
Security
Identity &
Access
Control
Operating
System /
Platform
Data
Encryption
Cloud Platform
Physical
Infrastructure
Network
Infrastructure
Virtualization
Layer
Recognise your weakest link
Mitigate
Cyber Risks
DDoS
Mitigation
Firewall Network
Monitoring
Web Protection
Skilled
Professionals
ASAV
Malware
Ransomware
Vendor
A
Vendor
B
Vendor
C
Vendor
D
Vendor
E
Cyber Protection in Silo
Redefining
Your First Layer
Cyber Defense
eSentinel™
360 Managed
Cybersecurity
Integrated Platform
eSentinel™ – 360 Defence
Security Assessment
Asset
Scanning &
Monitoring
Vulnerability
Assessment 24x7
SNOC
SIEM
Log Analyzer
Threat Detection
Attack Prevention
DDoS
Protection
Next-Gen
Firewall
IPS ASAV
eSentinel™
eSentinel™
Internet
Customer B Customer A
1st Layer Defense
At ISP level
2nd Layer Protection
At Customer Level
Cyber
Attack
Managed
Security Information Event
Management (SIEM)
• Single all-in-one security monitoring
solution
(Asset discovery, vulnerability assessment)
• Monitors cloud and on-premises
infrastructure from one platform
• Provides comprehensive threat detection
and actionable incident response directives
Security Network
Operation Centre
(SNOC)
• 24 x 7 SNOC
• Proactive Monitoring
• Alerts & Notification
Vulnerability
Assessment (VA)
Asset Scanning &
Monitoring
Security Assessment
• Periodic Scanning
• Report Card
Identify Gaps
CRITICAL
MEDIUM
HIGH
LOW
➢ Insights
➢ Agility
➢ Alerts
➢ Notification
➢ Customizable policies
➢ Monthly Report
Visibility with Single
Pane of Glass
Netpluz Cybersecurity Partners
Web Defacement
Protection
Web Defacement Solution
Image
Analytics
Content
Analytics
Automated Integrity
Analytics
High Level Network Architecture -WebOrion® Monitor (SaaS)
Web Defacement Solution
Email Protection
Comprehensive Email Security Solution
Inbound Mail Flow
Email Protection & Isolation
Endpoint Protection
Firewall
Sophos Intercept X
ANTI-EXPLOIT
MACHINE LEARNING
ANTI-RANSOMWARE
MALWARE REMOVAL ROOT CAUSE ANALYSIS
STOP UNKNOWN THREATS PREVENT RANSOMWARE DENY THE ATTACKER
ManagedThreat Response (MTR)
A completely new approach to
Endpoint Security
Synchronized Security
Intercept
Cross-Estate Communication
Sophos Endpoint shares infection
status with the security system,
triggering automatic responses
21 Malware Detection
Sophos Endpoint detects a
malware attack
Device Isolation
XG Firewall instantly isolates the
computer, preventing the attack from
spreading, and communication with
C2 servers.
3
Clean-up
Sophos Endpoint automatically cleans up the
infection. Once the malware is removed, Sophos
Endpoint shares this update with the cybersecurity
system
4
Security Heartbeat™
Access Restored
XG Firewall restores network
access. Root Cause Analysis
provides detailed view of what
happened.
5
Respond
Respond automatically to incidentsSynchronized Security Heartbeat
Educate Staff
Increase Resiliency with Email Phishing
Simulation &Training
Management Reporting Dashboard
Managing
Cyber Breach
Sophos Rapid Response
Containment
&
Neutralization
MTR
Advanced
24/7 Monitoring, Detection, and Response
Threat
Summary
Deployment
Triage &
Analysis
Kick-off Call
Within 48 hours or less
Sophos Rapid Response
What is
IT Managed
Service?
Challenges in
Implementing
Cybersecurity
➢ Extension toYour IT Dept
➢ OPEX Model Available
➢ 24/7 Support Helpdesk
➢ 24/7 Monitoring
➢ Alert Notification
➢ Monthly Reporting
Managed Service
Network
Cybersecurity
System
BUSINESS FOCUS
not technology
Thank you
Kenneth Wee
Commercial Director
97826791
kenneth.wee@netpluz.asia

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