The document discusses the need for organizations to build a "Digital Fortress" to protect against increasing cyber threats. Recent cyber attacks on large companies showed that even major banks are vulnerable. The risks are exacerbated by new technologies and changing business models. To establish effective digital resilience, the document proposes a model called DRONE (Digital Resilience Operational Network Ecosystem) that includes real-time risk management, identity access management, and a security excellence center to provide insight into cyber risks. The model also emphasizes governance, employee awareness, and frequent testing to manage threats both within and outside an organization.
Digital has increased businesses’ cybersecurity risk – and yet few have elevated security to a senior leadership concern, according to our recent research. Here’s what businesses are thinking about cybersecurity, and a framework for strengthening their security strategies.
Preparing today for tomorrow’s threats.
When companies hear the word “security,” what concepts come to mind
— safety, protection or perhaps comfort? To the average IT administrator,
security conjures up images of locked-down networks and virus-free devices.
An attacker, state-sponsored agent or hactivist, meanwhile, may view security
as a way to demonstrate expertise by infiltrating and bringing down corporate
or government networks for profit, military goals, political gain — or even fun.
We live in a world in which cybercrime is on the rise. A quick scan of the
timeline of major incidents (See Figure 1, Page 9) shows the increasing
frequency and severity of security breaches — a pattern that is likely
to continue for years to come. Few if any organizations are safe from
cybercriminals, to say nothing of national security. In fact, experts even
exposed authentication and encryption vulnerabilities in the U.S. Federal
Aviation Administration’s new state-of-the-art multibillion-dollar air
traffic control system
Digital has increased businesses’ cybersecurity risk – and yet few have elevated security to a senior leadership concern, according to our recent research. Here’s what businesses are thinking about cybersecurity, and a framework for strengthening their security strategies.
Preparing today for tomorrow’s threats.
When companies hear the word “security,” what concepts come to mind
— safety, protection or perhaps comfort? To the average IT administrator,
security conjures up images of locked-down networks and virus-free devices.
An attacker, state-sponsored agent or hactivist, meanwhile, may view security
as a way to demonstrate expertise by infiltrating and bringing down corporate
or government networks for profit, military goals, political gain — or even fun.
We live in a world in which cybercrime is on the rise. A quick scan of the
timeline of major incidents (See Figure 1, Page 9) shows the increasing
frequency and severity of security breaches — a pattern that is likely
to continue for years to come. Few if any organizations are safe from
cybercriminals, to say nothing of national security. In fact, experts even
exposed authentication and encryption vulnerabilities in the U.S. Federal
Aviation Administration’s new state-of-the-art multibillion-dollar air
traffic control system
We found that while cyber security was named as the topmost future tech adoption for organizations in 2019, cyber security is now the second tech priority for 2021 but with a higher budget than previously allocated. We also discovered that cloud security currently holds more importance with CISOs, CTOs and CIOs than data security and privacy.
In this report we share our insight on the recruitment of cyber security professionals including information regarding the key drivers in the cyber security market, permanent and contract recruitment trends, transferable skills, the top job titles, salaries and qualifications analysis, a heat map of skills demands/talent pools across the UK, concluding with recommendations on attracting and retaining cyber security talent.
Businesses of all sizes are targeted by hackers to gain access to proprietary and customer data, threatening your ability to operate or even remain open for business.
Learn how to protect your business from threats and position it for growth.
McAfee Labs explores top threats expected in the coming year.
Welcome to the McAfee Labs 2017 Threats Predictions
report. We have split this year’s report into two sections.
The first section digs into three very important topics,
looking at each through a long lens.
The second section makes specific predictions about
threats activity in 2017. Our predictions for next year
cover a wide range of threats, including ransomware,
vulnerabilities of all kinds, the use of threat intelligence
to improve defenses, and attacks on mobile devices.
As the internet has expanded and criminals have found more ways of creating revenue from stolen information, the need for digital threat intelligence management (DTIM) has increased. Without a means of early identification, companies that are being targeted have no way of knowing their customer’s or employee’s security is threatened or that their brand is being stolen, resulting in an erosion of reputation. DTIM is the early warning system to aid those organizations in identifying the infringements and thefts before severe damage is done.
These slides--based on the webinar from leading IT analyst firm Enterprise Management Associates (EMA) and RiskIQ -- highlight why DTIM is a growing necessity for mid- and large-sized organizations.
Cost of Cybercrime Study in Financial Services: 2019 Reportaccenture
Now in its 9th year, this new Accenture presentation explores the impact associated with cybercrime, quantifying the cost of cyberattacks and analyzing trends in malicious activities in the financial services industry. And this year for the first time, we look to the future so that financial services organizations can better target their funds and resources and open up new revenue opportunities to unlock economic value.
Public Relations Campaign for SecureWorks for IMC 618: PR Concepts & Strategy. Campaign is focused on increasing brand awareness among both big and small businesses as well as potential investors.
Pandemic has taken a fair share of the toll on every economy, affecting millions of businesses across the globe. As organizations are adopting technology and innovation to fulfil their quest for growth, they must comprehend, the ghost of cyberattack will come to haunt them sooner or later. Cyber breaches will not only cause brand degradation, but also lead to loss of digital assets, and change in consumer behaviour. As a result, companies are considering corporate cyber insurance as a part of their cybersecurity strategies. Click on the link to read what cyber insurance is and why companies direly need it.
Latin america cyber security market,symantec market share internet security,m...Ashish Chauhan
Get Ken Research Latest report on Brazil Cyber Security Market which covers Cyber Crimes Losses in Brazil,Future Endpoint Security Market,Symantec Market Share Internet Security,Avast Total Security Competition,McAfee Antivirus Market Share,Trustwave Competition Antivirus,Latin America Cyber Security Market,Cybercrime in Brazil
The dire need of competent cybersecurity solution providers has made us look for, “The 10 Most Trusted Cyber Security Solution Providers, 2018.” On our cover page we have DERMALOG Identification Systems GmbH, which is an expanding company based in Hamburg with additional offices in Malaysia and Singapore, as a result of strong growth in the region.
This whitepaper will help you to answer key questions such as: How will your organization protect itself from advanced cyber-attacks? What are you doing to detect suspicious behavior within the organization and beyond? What processes and tools will you implement to quickly respond to threats and quickly recover from the effects of an attack?
In a survey of U.S. technology and healthcare executives nationwide, Silicon Valley Bank found that companies believe cyber attacks are a serious threat to both their data and their business continuity.
Highlights
- 98% are maintaining or increasing resources devoted to cyber security
- 50% are increasing their cyber security resources, preparing for when, not if, cyber attacks occur
- Just 35% are completely or very confident in the security of their company information, and only 16% feel the same about their business partners
In a survey of U.S. technology and healthcare executives nationwide, Silicon Valley Bank found that companies believe cyber attacks are a serious threat to both their data and their business continuity.
Highlights
- 98% are maintaining or increasing resources devoted to cyber security
- 50% are increasing their cyber security resources, preparing for when, not if, cyber attacks occur
- Just 35% are completely or very confident in the security of their company information, and only 16% feel the same about their business partners
Before the Breach: Using threat intelligence to stop attackers in their tracks- Mark - Fullbright
All information, data, and material contained, presented, or provided on is for educational purposes only.
Company names mentioned herein are the property of, and may be trademarks of, their respective owners.
It is not to be construed or intended as providing legal advice.
Company names mentioned herein are the property of, and may be trademarks of, their respective owners and are for educational purposes only.
17 U.S. Code § 107 - Limitations on exclusive rights: Fair use
Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phonorecords or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright.
Keeping Staff Up To Date with TechnologyKULTOntario
Amanda Wilk from Haliburton County Public Library shares how her library is keeping staff up to date with technology knowledge. Presented at Keeping Up With Library Technology (KULT) November 1, 2013 at Hamilton Public Library.
We found that while cyber security was named as the topmost future tech adoption for organizations in 2019, cyber security is now the second tech priority for 2021 but with a higher budget than previously allocated. We also discovered that cloud security currently holds more importance with CISOs, CTOs and CIOs than data security and privacy.
In this report we share our insight on the recruitment of cyber security professionals including information regarding the key drivers in the cyber security market, permanent and contract recruitment trends, transferable skills, the top job titles, salaries and qualifications analysis, a heat map of skills demands/talent pools across the UK, concluding with recommendations on attracting and retaining cyber security talent.
Businesses of all sizes are targeted by hackers to gain access to proprietary and customer data, threatening your ability to operate or even remain open for business.
Learn how to protect your business from threats and position it for growth.
McAfee Labs explores top threats expected in the coming year.
Welcome to the McAfee Labs 2017 Threats Predictions
report. We have split this year’s report into two sections.
The first section digs into three very important topics,
looking at each through a long lens.
The second section makes specific predictions about
threats activity in 2017. Our predictions for next year
cover a wide range of threats, including ransomware,
vulnerabilities of all kinds, the use of threat intelligence
to improve defenses, and attacks on mobile devices.
As the internet has expanded and criminals have found more ways of creating revenue from stolen information, the need for digital threat intelligence management (DTIM) has increased. Without a means of early identification, companies that are being targeted have no way of knowing their customer’s or employee’s security is threatened or that their brand is being stolen, resulting in an erosion of reputation. DTIM is the early warning system to aid those organizations in identifying the infringements and thefts before severe damage is done.
These slides--based on the webinar from leading IT analyst firm Enterprise Management Associates (EMA) and RiskIQ -- highlight why DTIM is a growing necessity for mid- and large-sized organizations.
Cost of Cybercrime Study in Financial Services: 2019 Reportaccenture
Now in its 9th year, this new Accenture presentation explores the impact associated with cybercrime, quantifying the cost of cyberattacks and analyzing trends in malicious activities in the financial services industry. And this year for the first time, we look to the future so that financial services organizations can better target their funds and resources and open up new revenue opportunities to unlock economic value.
Public Relations Campaign for SecureWorks for IMC 618: PR Concepts & Strategy. Campaign is focused on increasing brand awareness among both big and small businesses as well as potential investors.
Pandemic has taken a fair share of the toll on every economy, affecting millions of businesses across the globe. As organizations are adopting technology and innovation to fulfil their quest for growth, they must comprehend, the ghost of cyberattack will come to haunt them sooner or later. Cyber breaches will not only cause brand degradation, but also lead to loss of digital assets, and change in consumer behaviour. As a result, companies are considering corporate cyber insurance as a part of their cybersecurity strategies. Click on the link to read what cyber insurance is and why companies direly need it.
Latin america cyber security market,symantec market share internet security,m...Ashish Chauhan
Get Ken Research Latest report on Brazil Cyber Security Market which covers Cyber Crimes Losses in Brazil,Future Endpoint Security Market,Symantec Market Share Internet Security,Avast Total Security Competition,McAfee Antivirus Market Share,Trustwave Competition Antivirus,Latin America Cyber Security Market,Cybercrime in Brazil
The dire need of competent cybersecurity solution providers has made us look for, “The 10 Most Trusted Cyber Security Solution Providers, 2018.” On our cover page we have DERMALOG Identification Systems GmbH, which is an expanding company based in Hamburg with additional offices in Malaysia and Singapore, as a result of strong growth in the region.
This whitepaper will help you to answer key questions such as: How will your organization protect itself from advanced cyber-attacks? What are you doing to detect suspicious behavior within the organization and beyond? What processes and tools will you implement to quickly respond to threats and quickly recover from the effects of an attack?
In a survey of U.S. technology and healthcare executives nationwide, Silicon Valley Bank found that companies believe cyber attacks are a serious threat to both their data and their business continuity.
Highlights
- 98% are maintaining or increasing resources devoted to cyber security
- 50% are increasing their cyber security resources, preparing for when, not if, cyber attacks occur
- Just 35% are completely or very confident in the security of their company information, and only 16% feel the same about their business partners
In a survey of U.S. technology and healthcare executives nationwide, Silicon Valley Bank found that companies believe cyber attacks are a serious threat to both their data and their business continuity.
Highlights
- 98% are maintaining or increasing resources devoted to cyber security
- 50% are increasing their cyber security resources, preparing for when, not if, cyber attacks occur
- Just 35% are completely or very confident in the security of their company information, and only 16% feel the same about their business partners
Before the Breach: Using threat intelligence to stop attackers in their tracks- Mark - Fullbright
All information, data, and material contained, presented, or provided on is for educational purposes only.
Company names mentioned herein are the property of, and may be trademarks of, their respective owners.
It is not to be construed or intended as providing legal advice.
Company names mentioned herein are the property of, and may be trademarks of, their respective owners and are for educational purposes only.
17 U.S. Code § 107 - Limitations on exclusive rights: Fair use
Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phonorecords or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright.
Keeping Staff Up To Date with TechnologyKULTOntario
Amanda Wilk from Haliburton County Public Library shares how her library is keeping staff up to date with technology knowledge. Presented at Keeping Up With Library Technology (KULT) November 1, 2013 at Hamilton Public Library.
The PowerPoint presentation used at the annual analyst/investor day held at Marathon Petroleum HQ in Findlay, OH on Dec 3, 2015. The information in the slide deck of most interest to us is the section on midstream, detailing the newly combined operation of Marathon and MarkWest Energy Partners.
How close is your organization to being breached | Safe SecurityRahul Tyagi
Traditional methods are certainly limited in
their capabilities and this is easily proven by
the multitude of breaches businesses were a
victim of, across the globe. The 2020 Q3 Data
Breach QuickView Report revealed that the
number of records exposed in 2020 has
increased to 36 billion globally. The report
stated that there were 2,953 publicly
reported breaches in the first three quarters
of 2020 itself! 2020 is already named the
“worst year on record” by the end of Q2 in
terms of the total number of records
exposed. With the growing sophistication of
cyber-attacks and global damages related
to cybercrime reaching $6 trillion by 2021, we
need a solution that simplifies
cybersecurity.
To know more about breach probability visit : www.safe.security
We are living in a world where cyber security is a top priority for .pdfgalagirishp
We are living in a world where cyber security is a top priority for all governments and
businesses. In fact, last week the United States announced cyber security as its biggest. James
Clapper, the Director of National Intelligence, says that “the world is applying digital
technologies faster than our ability to understand the security implications and mitigate potential
risks.” Hackers are able to get ahead of governments because they are applying technology faster
than many can understand it.
(http://ca.reuters.com/article/technologyNews/idCABRE92B0LS20130312)
These attackers are persistent, and it is important to be aware of the methods used by hackers as
it is an important step towards defending sensitive company data.
When a hacker strikes, the cost to a company could potentially be millions of dollars. Not only
will it affect the bottom line, but hard-earned reputations can be compromised or destroyed.
It is important to recognize the differences between the different kinds of cyber threats: external
and internal. An external, or outsider threat is much trickier to pinpoint. It can be “from someone
that does not have authorized access to the data and has no formal relationship to the company.”
They could be from someone who is actively targeting the company, or accidentally from
someone who found a lost mobile device.
Internal threats are likely to come from an authorized individual that has easy access to sensitive
corporate data as part of their day-to-day duties. This could be anyone working within the
company or acting as a third party representative. The Global Knowledge Blog states that
insiders have a much greater advantage because they have means, motive, and opportunity,
whereas outsiders most often only have a motive.
(http://globalknowledgeblog.com/technology/security/hacking-cybercrime/insider-vs-outsider-
threats/)
When focusing on internal threats, we have made a digital security check list:
Implement an Intrusion Detection System (IDS). These systems act like security cameras
watching a network. They react to suspicious activity by logging off suspect users, or in some
cases, they might reprogram firewalls to snag a possible intrusion.
Implement a log management platform that will centralize all the logs and correlate to find
threats and alert on them.
Stay proactive with Identity Management systems that will monitor high risk or suspicious user
activity by detecting and correcting situations that are out of compliance or present a security
risk.
Be aware of who has keys and access codes to vulnerable information. Monitor the activity
when these spaces are accessed, authorized, or not.
Create safety policies for when employees with these security privileges leave the company or
are terminated. This will reduce the risk of theft due to careless behaviour, or break-ins from
disgruntled employees.
Get employees involved with the security procedures of the company. As a team, you can work
to strengthen your digital security pr.
Wilton & Bain and Kaspersky Lab were delighted to host a lively, informative and convivial evening to discuss the challenges of Cybersecurity in today’s data age. We were joined by Paul Johnson CIO at Aldermore, one of the UK’s foremost challenger bank success stories, who provided an insight into the challenges faced by industry.
Security - intelligence - maturity-model-ciso-whitepaperCMR WORLD TECH
A Time of Great Risk: The Time Between Compromise and Mitigation
In most organizations today, threat detection is based on various security sensors that attempt to look for anomalous behavior or for known signatures of malicious activity. These sensors include firewalls, intrusion detection/prevention systems (IDS/IPS), application gateways, anti- virus/anti-malware, endpoint protection, and more. They operate at and provide visibility into all layers of the IT stack.
Most security breaches are caused by human error and poor security discipline. For instance, in April 2011, it was discovered that the personal and confidential data of 3.5 million teachers, state workers and retirees in the state of Texas was lying unprotected on the Internet closely for a year.
As we enter the digital economy, companies will quickly realize that the differentiator in the digital economy is information and information being a valuable resource is subject to theft, hacking, phishing and a host of other issues which compromise a company’s ability to participate in the digital economy. Cybersecurity misfires compromise the trust of buyers and partners necessary to participate in the digital economy. It is up to every company to ensure that the information shared with them is protected to the best of their ability and proactively notify persons and organizations who entrust their information necessary to transact business (any personal identity information including but not limited to addresses, credit card information, social security numbers, account information, credit information, medical records, etc.) with any potential compromises which can yield harm to them by that information either being used maliciously or shared with others.
This purpose of this writing is to cover some of the core requirements for implementing cybersecurity, the accountabilities for cybersecurity risks and the information used to manage a viable cybersecurity program.
Commercial Real Estate - Cyber Risk 2020CBIZ, Inc.
Commercial real estate has always been an attractive cyber target offering sophisticated hackers a wealth of personal information store in banking, lease, and employment records and multiple transaction points. Enter COVID-19. Almost overnight, nearly all routine activities are tied to remote capabilities. Now, it’s cyber threat and cyber risk on steroids. Here's a cyber professional’s view of the situation and links to several additional resources.
Key note in nyc the next breach target and how oracle can help - nyougUlf Mattsson
Old security approaches are based on finding malware and data leaks. This is like "boiling the ocean," since you are “patching” all possible data paths and data stores, and you may not even find a trace of an attack. New security approaches assume that you are under attack and focus instead on protecting the data itself, even in computer memory (the “target” for a growing number of attacks). This session discusses what companies can do now to prevent what happened to Target and others processing PII, PHI and PCI data. The Oracle Big Data Appliance is a critical part of the solution.
Securing the C-Suite: Cybersecurity Perspectives from the BoardroomIBM Security
View on-demand: http://bit.ly/1OLCGgd
Cybersecurity incidents have significant impact beyond the IT organization, representing a significant risk to ongoing business continuity and reputation, and requiring heightened engagement across the entire executive team. Common wisdom is that security leaders need to speak in ways the business will understand, but what does that really mean? And how does the business side of an organization view security? To answer these questions, IBM conducted a survey of over 700 C-Suite executives - excluding the CISO - from 28 countries, across 18 industries - to understand any patterns, as well as any differing or aligning attitudes on cybersecurity. 60 percent of respondents are located in mature markets and 40 percent from emerging markets. Participants spanned traditional C-Suite roles, from CEOs and Board members to CFOs, Chief Risk Officers, CMOs, COOs, Human Resource executives, Chief Compliance Officers and Legal Counsel.
View this webinar to hear Diana Kelley, Executive Security Advisor in IBM Security, and Carl Nordman, Functional Research Lead for CFO and Cybersecurity in the IBM Institute for Business Value, discuss findings from the 2015 C-Suite Cybersecurity Study "Securing the C-Suite - Cybersecurity Perspectives from the Boardroom and C-Suite."
This webinar will cover an overview of the study findings, including:
C-Suite views of the risks and actors - Is the C-Suite view aligned with security reality?
IT and business alignment / collaboration- Who's engaged and who's not?
The tone from the top on external collaboration and sharing of incident information
Characteristics of more "Cyber-Secure" companies based on C-Suite responses to what their organization has accomplished
1
2
Cyber Research Proposal
Cybersecurity in business
Introduction
Because of today's international economy, securing a company's intellectual property, financial information, and good name is critical for the company's long-term survival and growth. However, with the rise in risks and cyber vulnerability, most businesses find it difficult to keep up with the competition. Since their inception, most companies have reported 16% fraud, 37.7% financial losses, and an average of over 11% share value loss, according to data compiled by the US security. Most corporations and governments are working hard to keep their customers and residents safe from harm. There are both physical and cybersecurity risks involved with these threats. According to a recent study, many company owners aren't aware of the full scope of cybersecurity. People who own their businesses must deal with various issues daily.
Nevertheless, steps are being taken to address these issues. Customers and the company are likely to be protected by the measures adopted. Cybersecurity is one of the most pressing issues facing organizations today. Leaks of a company's intellectual property and other secrets may have devastating effects on its operations, as competitors and rivals will do all in their power to stop them. is an excellent illustration of this. This is perhaps the most talked-about security compromise of the year [footnoteRef:3]. The firm was severely damaged because of this. [1: "Database security attacks and control methods."] [2:q "Comprehending the IoT cyber threat landscape: A data dimensionality reduction technique to infer and characterize Internet-scale IoT probing campaigns."] [3: "The Equifax data breach: What cpas and firms need to know now." ]
Some individuals take advantage of clients by stealing highly important information to profit financially from their actions. For example, if the wrong individuals get their hands on your credit card information, you're in serious trouble since you might lose money. Some families lose all their resources, while others are forced to declare bankruptcy after being financially stable for a long period. Many of the findings of this study will be focused on cybersecurity and the sources of cybersecurity risks. The paper outlines a few of the issues and solutions that organizations may use to keep their operations and consumers safe from exploiting dishonest individuals.
Research question
According to the most recent study, more than 1500 companies have been exposed to some cybersecurity assault[footnoteRef:4]. This research details the specific types of attacks that have occurred. Organizational operations are affected, as is corporate governance, and the internal management of financial status is rendered ineffective due to these assaults. The question that will be investigated during the study is: [4: "Towards blockchain-based identity and access management for internet of things in enterprises."]
How doe ...
1
2
Cyber Research Proposal
Cybersecurity in business
Introduction
Because of today's international economy, securing a company's intellectual property, financial information, and good name is critical for the company's long-term survival and growth. However, with the rise in risks and cyber vulnerability, most businesses find it difficult to keep up with the competition. Since their inception, most companies have reported 16% fraud, 37.7% financial losses, and an average of over 11% share value loss, according to data compiled by the US security. Most corporations and governments are working hard to keep their customers and residents safe from harm. There are both physical and cybersecurity risks involved with these threats. According to a recent study, many company owners aren't aware of the full scope of cybersecurity. People who own their businesses must deal with various issues daily.
Nevertheless, steps are being taken to address these issues. Customers and the company are likely to be protected by the measures adopted. Cybersecurity is one of the most pressing issues facing organizations today. Leaks of a company's intellectual property and other secrets may have devastating effects on its operations, as competitors and rivals will do all in their power to stop them. is an excellent illustration of this. This is perhaps the most talked-about security compromise of the year [footnoteRef:3]. The firm was severely damaged because of this. [1: "Database security attacks and control methods."] [2:q "Comprehending the IoT cyber threat landscape: A data dimensionality reduction technique to infer and characterize Internet-scale IoT probing campaigns."] [3: "The Equifax data breach: What cpas and firms need to know now." ]
Some individuals take advantage of clients by stealing highly important information to profit financially from their actions. For example, if the wrong individuals get their hands on your credit card information, you're in serious trouble since you might lose money. Some families lose all their resources, while others are forced to declare bankruptcy after being financially stable for a long period. Many of the findings of this study will be focused on cybersecurity and the sources of cybersecurity risks. The paper outlines a few of the issues and solutions that organizations may use to keep their operations and consumers safe from exploiting dishonest individuals.
Research question
According to the most recent study, more than 1500 companies have been exposed to some cybersecurity assault[footnoteRef:4]. This research details the specific types of attacks that have occurred. Organizational operations are affected, as is corporate governance, and the internal management of financial status is rendered ineffective due to these assaults. The question that will be investigated during the study is: [4: "Towards blockchain-based identity and access management for internet of things in enterprises."]
How doe ...
BIZGrowth Strategies - Cybersecurity Special EditionCBIZ, Inc.
Cyberattacks are becoming more frequent and sophisticated, making a recovery from them increasingly difficult. Without preparation, a cyberattack can be devastating to your business, having severe operational, financial, legal and reputational implications.
The prevalence of cyber breaches also means cybersecurity is no longer solely an IT concern. Elevating your information security from functional to effective takes a robust set of elements, processes and people working together toward a common goal.
Our professionals have developed these articles and resources to help you protect your organization from these attacks.
Michael Daly, Chief Technology Officer for Cybersecurity & Special Missions at Raytheon, described global cybersecurity trends during his presentation at the 2015 Chief Information Officer Leadership Forum in Boston on March 26. In his presentation, “Global Megatrends in Cybersecurity – A Survey of 1,000 CxOs,” Daly pointed out that cybersecurity is becoming a major concern for C-level executives.
By 2020 more than 7 billion people will be communicating and performing transactions over the web on over 35 billion devices. So how can companies effectively create a digital identity that promises security, ease and comfort for its customers? This study, sponsored by Oracle, assesses the role identity plays in the digital economy. Visit hub: http://bit.ly/1LKqXfN
1. A clear & present danger
Building the intelligence to
create a digital fortress to
protect your customer and
your business
2. #DigitalByDesign
The British and
American financial
systems were recently
tested to see how well
they could stand up
to attacks by hackers
in the wake of the
Sony, TalkTalk and
United States Office of
Personnel Management
security breaches.
The biggest banks in
the UK and US faced
a simulated major
cyber attack from the
Building a digital fortress to
protect your customers and
your business
3. 3
Bank of England and
its US counterparts
this month, as officials
probed the industry’s
ability to withstand
assaults from hackers
looking to steal data
or cripple the financial
sector.
What you don’t hear
about is the constant
and relentless
bombardment
that has resulted
in 90% of large
businesses reporting
an information
security breach. This
perspective was
further underpinned
by a recent PwC study
that recorded a 38%
increase in detected
information security
incidents.
The business risk has
also been exacerbated
by rapidly changing
technology, IOT effects,
digital disruption and
the need for changing
business models.
There is now a growing
awareness that this
topic needs to be at the
forefront of the board’s
agenda.
Bearing this
background in mind,
we recently discussed
with our clients how
SMEs and large
organisations could
build and sustain a
Digital Fortress in
order to establish
a digital resilience
that would protect
their customers and
their own business.
We also discussed
how our clients
could leverage UK
Government initiatives
that will see it invest
nearly $1Bn in the
promotion of cyber
security.
53% of organisations say that lack
of skilled resources is one of the
main obstacles that challenge
their information security (EY)
4. #DigitalByDesign
To become a business
leader in the digital
environment requires
that the customer
and digital strategy is
placed at the core of
your business strategy.
It also means that
protecting client or
customer information
is the essential element
within that digital
strategy. Recent studies
continue to show that
a significant number
of businesses still
don’t have a digital
strategy and therefore
probably do not have a
robust digital resilience
strategy.
A recent McKinsey
report cites that nearly
80% of technology
executives surveyed
stated that their
organisations could
not keep up with the
attackers’ increasing
sophistication, and
most organisations
recognise that there
is significant room for
improvement when
it comes to digital
resilience.
56% of organisations say
that it is unlikely or highly
unlikely that their organisation
would be able to detect a
sophisticated attack (EY)
10. #DigitalByDesign
The author of ‘The Black
Swan’, Nassim Nichols
Taleb, described Black
Swan events as an
outlier that carries an
extreme impact. He said
human nature makes us
concoct explanations
for these events after
they have occurred,
despite their outlier
status, in an attempt to
make them explainable
and predictable.
Therefore, managing
these kind of cyber
Black Swan events
requires a blueprint
in order to deliver
sustainable digital
resilience, and it is
essential to incorporate
the simple Who, What,
Where, When and How
principles into the
model.
John Chambers
CEO, Cisco
There are two types of companies: those who have
been hacked, and those who don’t yet know they have
been hacked.
Establishing a Digital
Fortress (DRONE) by
managing Black Swan events