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

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
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
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
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
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
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
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
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
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
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
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
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