The document discusses key findings from PwC's 2015 Global State of Information Security Survey. Some of the main points from the survey include that 61% of customers would stop using a company's products after a security breach, reported security incidents rose 48% globally, and losses from cyber incidents increased 34% on average. The document also notes that employees were the most common source of security incidents, and that board oversight of security risks is often lacking. It advocates that organizations view security through the lens of digital trust in order to build customer confidence and take advantage of opportunities in the digital world.
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.
The national Scot-Secure Summit is the largest annual Cyber Security Conference in Scotland: the event brings together senior IT leaders and Information Security personnel, providing a unique forum for knowledge exchange, discussion and high-level networking.
The conference programme is focussed on promoting best-practice cyber security; looking at the current trends, the key threats - and offering practical advice on improving resilience and implementing effective security measures.
Securing the Digital Economy: Reinventing the Internetaccenture
Securing the digital economy does not fall on the individual, but instead relies on the ability of leaders to work collectively to forge digital trust.
Accenture’s research into collecting employee data can help organizations get the most out of their employees and decode their organizational DNA. Learn more.
Protect your confidential information while improving servicesCloudMask inc.
Over the last few decades, the financial sector has outgrown banks, as financial engineering, digital money and regulatory changes have evolved. Assets managed by financial firms (equity and various types of debt) are larger, as corporate debt has surpassed federal, state and local government’s debt. The US banks’ share of assets under management (AUM) accordingly declined from 58% in 1907 to 27% in 2008, while pension, mutual funds and non-depository firms (e.g., private equity and hedge funds) have grown substantially.
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.
The national Scot-Secure Summit is the largest annual Cyber Security Conference in Scotland: the event brings together senior IT leaders and Information Security personnel, providing a unique forum for knowledge exchange, discussion and high-level networking.
The conference programme is focussed on promoting best-practice cyber security; looking at the current trends, the key threats - and offering practical advice on improving resilience and implementing effective security measures.
Securing the Digital Economy: Reinventing the Internetaccenture
Securing the digital economy does not fall on the individual, but instead relies on the ability of leaders to work collectively to forge digital trust.
Accenture’s research into collecting employee data can help organizations get the most out of their employees and decode their organizational DNA. Learn more.
Protect your confidential information while improving servicesCloudMask inc.
Over the last few decades, the financial sector has outgrown banks, as financial engineering, digital money and regulatory changes have evolved. Assets managed by financial firms (equity and various types of debt) are larger, as corporate debt has surpassed federal, state and local government’s debt. The US banks’ share of assets under management (AUM) accordingly declined from 58% in 1907 to 27% in 2008, while pension, mutual funds and non-depository firms (e.g., private equity and hedge funds) have grown substantially.
Continuous Cyber Attacks: Engaging Business Leaders for the New Normal - Full...Accenture Technology
Business theft and fraud have morphed into significant new threats as companies battle well-funded, highly motivated digital adversaries. Cyber defense rules have clearly changed.
Executive leaders must recognize how exposed their organizations are today and take steps to establish a holistic, end-to-end security strategy capable of protecting their most valuable assets and business operations.
Cyber security trends in the UK
Enterprises today are faced with three key challenges:
- Implementing new SMAC technologies to support the business, as part of their digital transformation programs, but while keeping it secure;
- Responding to the increasing and changing threat landscape of targeted attacks;
- Achieving and retaining compliance with an increasing number of rules and regulations.
How do enterprises respond, in the context of a nationwide shortage in cyber security skills? Our hypothesis for this study was that enterprises are struggling to cope with the increase in workload, and are increasingly offloading (some of) their security provision to outsourcing providers as Managed Security Services (MSS). We surveyed 230 decision makers in large companies (1000+ employees) in the UK, to understand their motivations and drivers with regard to cyber security provision.
This study deals with the following questions:
- What do companies understand about the growing cyber threat landscape?
- How are companies meeting their resource challenges in cyber security?
- How are they using external providers to meet resource challenges?
- What are the drivers and inhibitors for using external cyber security providers?
- What alternative approaches to external cyber security provision being considered?
- Which services do companies expect from a cyber security provider?
- What are the capabilities and attributes of a credible cyber security provider?
Gary Sheehan - Winning a Battle Doesn't Mean We Are Winning the Warcentralohioissa
In the spirit of Continuous Improvement, we must ask ourselves - Are we doing the best job we can? In this presentation Gary will present some ideas and concepts that can be used to improve the security posture within your organization. These ideas and concepts are not your typical solutions, rather they will force you to make a fundamental change in your approach to implementing security and underlying assumptions about good security practices. This presentation will challenge conventional thinking about how to build a successful security program. After all, what do you have to lose? Are we really winning the cybersecurity war?
With cyber-attacks on the rise, the average number of focused attacks per organisation within Australia has almost doubled this year (232) compared to the previous 12 months (144) In retaliation, organisations are upping their game and now preventing 87 percent of all focused attacks compared to 70 percent in 2017, according to a new study from Accenture
The Pulse of Pensions: What Members Really Think of Their Pension Plans and R...accenture
Accenture surveyed public and private employees to find out what they really think of their pension plans and retirement readiness. Four critical takeaways? Members value their pensions benefits as much as their healthcare benefits. People may not be as prepared for retirement as they think they are. The hunger for digital retirement services like coaching is intensifying. And opportunities abound for pensions agencies to engage members at all phases of the pensions lifecycle, balancing member needs with fiduciary responsibilities.
The national Scot-Secure Summit is the largest annual Cyber Security Conference in Scotland: the event brings together senior IT leaders and Information Security personnel, providing a unique forum for knowledge exchange, discussion and high-level networking.
The conference programme is focused on promoting best-practice cyber security; looking at the current trends, the key threats - and offering practical advice on improving resilience and implementing effective security measures.
Banks and other financial services firms need to recognize the threats of cyber risk in a different way. Many have put in place thick walls to protect themselves. But firms cannot be protected at all times from a cyber-related incident. So putting in place structures, technologies and processes to ensure resilience—or fast recovery—is as much or more important than simply putting more locks on the doors or building stronger walls. See www.accenture.com/CyberRisk for more.
Master Data in the Cloud: 5 Security FundamentalsSarah Fane
Your master data is essential to the smooth operation of your business. But it is also valuable to others. Master data is vulnerable to both internal and external attacks. As the future of business and data is increasingly cloud-based, we explore five fundamentals to ensure the security of your data.
Small businesses face their own set of unique challenges, especially when it comes to IT. Learn the eight common IT challenges, from implementing the cloud to connecting a mobile workforce, and how today's businesses can solve them. This SlideShare highlights key points from our on-demand webinar, "Solving Your IT Challenges": ms.spr.ly/6003T633X
This year, CSO partnered with the CERT® Division of Software Engineering Institute at Carnegie Mellon University, U.S. Secret Service and KnowBe4 to evaluate trends in the frequency and impact of cybersecurity incidents
The trends continue to point upward for data incidents and 2013 is becoming a pace setter. The shifting regulatory landscape promises to add further complications for companies struggling to prepare for and respond to data privacy incidents.
This webinar will feature two leading data breach experts who have performed a two year trend analysis across hundreds of cases to offer a powerful and up-to-date perspective on what has happened and their predictions for the future. It will also cover how these factors are shaping regulations which are in turn influencing decision-making in the C-Suite.
Our featured speakers for this timely webinar will be:
-Bill Hardin, Director of Data Privacy Response & Investigations, Navigant
-Jennifer Coughlin, Privacy and Data Security Attorney, Nelson, Levine
-Gant Redmon, Esq. General Counsel and VP of Business Development, Co3 Systems
Leaders & Laggards: The Latest Findings from the Ponemon Institute’s Study on...IBM Security
The fourth annual Ponemon report on The Cyber Resilient Organization in 2019, sponsored by IBM Security, focuses on the key trends that make an organization cyber resilient and how cyber resilience has changed since the first report launched in 2015.
Hosted by Larry Ponemon of the Ponemon Institute and Maria Battaglia, IBM Security, these two industry experts answer the questions, what has improved in the cyber security space over the past 4 years? What do organizations still struggle with? And which groups are improving and how?
This webinar will take you through the barriers of becoming cyber resilient and dive into report topics such as implementing automation, aligning privacy and cyber security, and what it takes to become a cyber resilient “High Performer” in 2019.
Listen to the on-demand webinar at: https://event.on24.com/wcc/r/1975828/97089502D02EFD9478B85676EB67266C?partnerref=FM1
The Accenture Security Index, based on Accenture's High Performance Security research, assesses performance across 33 cybersecurity capabilities within the Banking industry. It is intended to help banking leaders understand the effectiveness of their security measures. To learn more about Banking results, read our blog series: https://accntu.re/2vj59KC
Implementing a Security Management FrameworkJoseph Wynn
Given at the Pittsburgh ISSA April 2017 chapter meeting.
This presentation discussed how to improve the success of your information security program by organizing it using a security management framework.
Preparing your enterprise against cyber-attacks is no longer a luxury but a necessity. And only those who have leveraged technology without any fear of being destroyed with a single cyber-attack can only be considered to have a digital advantage. This will not only enhance their performance but also put them one step ahead of the competition. Learn how cybersecurity is linked with digital maturity with the following link.
Information Security Governance at Board and Executive LevelKoen Maris
Information security governance is a relative new area it doesn't always receive the required attention such as business support, management support and eventually the necessary budgets to keep Mr Evil out. The reasons why information security is not receiving the required attention are plenty, but a main issue that it is failing to get on the agenda could be that the upper levels of an organisational structure do not receive the information required to get their attention, or that companies are risk taking instead of risk averse or it seems impossible to identify value for the business. Security is about avoiding something, where a new application is about adding functionality in order to increase efficiency, production etc… Unfortunately, security is still seen as a business disabler.
Information Security Metrics - Practical Security MetricsJack Nichelson
So exactly how do you integrate information security metrics into action in an organization and actually achieve value from the effort. Learn what efforts are currently underway in the industry to create consensus metrics guides and what initial steps an organization can take to start measuring the effectiveness of their security program.
Continuous Cyber Attacks: Engaging Business Leaders for the New Normal - Full...Accenture Technology
Business theft and fraud have morphed into significant new threats as companies battle well-funded, highly motivated digital adversaries. Cyber defense rules have clearly changed.
Executive leaders must recognize how exposed their organizations are today and take steps to establish a holistic, end-to-end security strategy capable of protecting their most valuable assets and business operations.
Cyber security trends in the UK
Enterprises today are faced with three key challenges:
- Implementing new SMAC technologies to support the business, as part of their digital transformation programs, but while keeping it secure;
- Responding to the increasing and changing threat landscape of targeted attacks;
- Achieving and retaining compliance with an increasing number of rules and regulations.
How do enterprises respond, in the context of a nationwide shortage in cyber security skills? Our hypothesis for this study was that enterprises are struggling to cope with the increase in workload, and are increasingly offloading (some of) their security provision to outsourcing providers as Managed Security Services (MSS). We surveyed 230 decision makers in large companies (1000+ employees) in the UK, to understand their motivations and drivers with regard to cyber security provision.
This study deals with the following questions:
- What do companies understand about the growing cyber threat landscape?
- How are companies meeting their resource challenges in cyber security?
- How are they using external providers to meet resource challenges?
- What are the drivers and inhibitors for using external cyber security providers?
- What alternative approaches to external cyber security provision being considered?
- Which services do companies expect from a cyber security provider?
- What are the capabilities and attributes of a credible cyber security provider?
Gary Sheehan - Winning a Battle Doesn't Mean We Are Winning the Warcentralohioissa
In the spirit of Continuous Improvement, we must ask ourselves - Are we doing the best job we can? In this presentation Gary will present some ideas and concepts that can be used to improve the security posture within your organization. These ideas and concepts are not your typical solutions, rather they will force you to make a fundamental change in your approach to implementing security and underlying assumptions about good security practices. This presentation will challenge conventional thinking about how to build a successful security program. After all, what do you have to lose? Are we really winning the cybersecurity war?
With cyber-attacks on the rise, the average number of focused attacks per organisation within Australia has almost doubled this year (232) compared to the previous 12 months (144) In retaliation, organisations are upping their game and now preventing 87 percent of all focused attacks compared to 70 percent in 2017, according to a new study from Accenture
The Pulse of Pensions: What Members Really Think of Their Pension Plans and R...accenture
Accenture surveyed public and private employees to find out what they really think of their pension plans and retirement readiness. Four critical takeaways? Members value their pensions benefits as much as their healthcare benefits. People may not be as prepared for retirement as they think they are. The hunger for digital retirement services like coaching is intensifying. And opportunities abound for pensions agencies to engage members at all phases of the pensions lifecycle, balancing member needs with fiduciary responsibilities.
The national Scot-Secure Summit is the largest annual Cyber Security Conference in Scotland: the event brings together senior IT leaders and Information Security personnel, providing a unique forum for knowledge exchange, discussion and high-level networking.
The conference programme is focused on promoting best-practice cyber security; looking at the current trends, the key threats - and offering practical advice on improving resilience and implementing effective security measures.
Banks and other financial services firms need to recognize the threats of cyber risk in a different way. Many have put in place thick walls to protect themselves. But firms cannot be protected at all times from a cyber-related incident. So putting in place structures, technologies and processes to ensure resilience—or fast recovery—is as much or more important than simply putting more locks on the doors or building stronger walls. See www.accenture.com/CyberRisk for more.
Master Data in the Cloud: 5 Security FundamentalsSarah Fane
Your master data is essential to the smooth operation of your business. But it is also valuable to others. Master data is vulnerable to both internal and external attacks. As the future of business and data is increasingly cloud-based, we explore five fundamentals to ensure the security of your data.
Small businesses face their own set of unique challenges, especially when it comes to IT. Learn the eight common IT challenges, from implementing the cloud to connecting a mobile workforce, and how today's businesses can solve them. This SlideShare highlights key points from our on-demand webinar, "Solving Your IT Challenges": ms.spr.ly/6003T633X
This year, CSO partnered with the CERT® Division of Software Engineering Institute at Carnegie Mellon University, U.S. Secret Service and KnowBe4 to evaluate trends in the frequency and impact of cybersecurity incidents
The trends continue to point upward for data incidents and 2013 is becoming a pace setter. The shifting regulatory landscape promises to add further complications for companies struggling to prepare for and respond to data privacy incidents.
This webinar will feature two leading data breach experts who have performed a two year trend analysis across hundreds of cases to offer a powerful and up-to-date perspective on what has happened and their predictions for the future. It will also cover how these factors are shaping regulations which are in turn influencing decision-making in the C-Suite.
Our featured speakers for this timely webinar will be:
-Bill Hardin, Director of Data Privacy Response & Investigations, Navigant
-Jennifer Coughlin, Privacy and Data Security Attorney, Nelson, Levine
-Gant Redmon, Esq. General Counsel and VP of Business Development, Co3 Systems
Leaders & Laggards: The Latest Findings from the Ponemon Institute’s Study on...IBM Security
The fourth annual Ponemon report on The Cyber Resilient Organization in 2019, sponsored by IBM Security, focuses on the key trends that make an organization cyber resilient and how cyber resilience has changed since the first report launched in 2015.
Hosted by Larry Ponemon of the Ponemon Institute and Maria Battaglia, IBM Security, these two industry experts answer the questions, what has improved in the cyber security space over the past 4 years? What do organizations still struggle with? And which groups are improving and how?
This webinar will take you through the barriers of becoming cyber resilient and dive into report topics such as implementing automation, aligning privacy and cyber security, and what it takes to become a cyber resilient “High Performer” in 2019.
Listen to the on-demand webinar at: https://event.on24.com/wcc/r/1975828/97089502D02EFD9478B85676EB67266C?partnerref=FM1
The Accenture Security Index, based on Accenture's High Performance Security research, assesses performance across 33 cybersecurity capabilities within the Banking industry. It is intended to help banking leaders understand the effectiveness of their security measures. To learn more about Banking results, read our blog series: https://accntu.re/2vj59KC
Implementing a Security Management FrameworkJoseph Wynn
Given at the Pittsburgh ISSA April 2017 chapter meeting.
This presentation discussed how to improve the success of your information security program by organizing it using a security management framework.
Preparing your enterprise against cyber-attacks is no longer a luxury but a necessity. And only those who have leveraged technology without any fear of being destroyed with a single cyber-attack can only be considered to have a digital advantage. This will not only enhance their performance but also put them one step ahead of the competition. Learn how cybersecurity is linked with digital maturity with the following link.
Information Security Governance at Board and Executive LevelKoen Maris
Information security governance is a relative new area it doesn't always receive the required attention such as business support, management support and eventually the necessary budgets to keep Mr Evil out. The reasons why information security is not receiving the required attention are plenty, but a main issue that it is failing to get on the agenda could be that the upper levels of an organisational structure do not receive the information required to get their attention, or that companies are risk taking instead of risk averse or it seems impossible to identify value for the business. Security is about avoiding something, where a new application is about adding functionality in order to increase efficiency, production etc… Unfortunately, security is still seen as a business disabler.
Information Security Metrics - Practical Security MetricsJack Nichelson
So exactly how do you integrate information security metrics into action in an organization and actually achieve value from the effort. Learn what efforts are currently underway in the industry to create consensus metrics guides and what initial steps an organization can take to start measuring the effectiveness of their security program.
Developing Metrics for Information Security Governancedigitallibrary
Information security has become a critical issue within organizations, and a key success factor for businesses. To effectively maintain the integrity and security of an organization's information infrastructure effective security metrics and measures must be developed, implemented and monitored. Learn about enterprise security metrics and the concepts that must be considered when developing, implementing, and monitoring them. Understand how to identify measurable points and activities, develop meaningful metrics and measures and monitor concepts. Case studies and scenarios demonstrate operational scenarios for the benefits and challenges of securing information.
How to Connect Your Server Room to the Board Room – Before a Data Breach OccursSurfWatch Labs
With the board room increasingly being held accountable for data breaches, it's crucial that they know and understand the cyber risks facing their organization.Connect board room to server room
The pace and scale of technology advancements have created extraordinary avenues for businesses to grow. But with opportunities come risks, which need to be constantly navigated. Read this blog to uncover the top 5 cybersecurity trends to watch out for in 2021 and beyond.
Information Security assessment of companies in Germany, Austria and Switzerland, February 2015.
Every day critical security incidents show the drastic extent of "successful" cyber attacks for organizations in terms of monetary and material loss. With increasing use of digital technologies and the growing spread of mobile and IoT cyber security is becoming a key factor for companies’ successful digital transformation. To analyze current challenges, trends and maturity of companies state of information security, Capgemini Consulting DACH conducted a survey in Germany, Austria and Switzerland. The 2014 Information Security Benchmarking Study shows that information security is insufficiently embedded in most companies‘ business strategy and operations to effectively safeguard organizations against current cyber threats.
https://www.de.capgemini-consulting.com/resources/information-security-benchmarking
Current enterprise information security measures continue to fail us. Why is ...Livingstone Advisory
Conventional information security measures continue to fail our businesses in today’s rapidly changing world of cyber-risk. Adverse cyber-events manifest themselves as the usual suspects including data breaches, information theft, ransom- and malware, viruses, payment card fraud, DDOS attacks or physical loss – to name but a few.
Problem is, the tally of adverse events keeps mounting up. While headline adverse cyber incidents are now reported in the media with regularity, this represents the tip of the cyber-risk iceberg. Most known events are either unreported or hidden from public disclosure. Not helping, is the industry analysis suggesting that, on average, nearly half of all adverse cyber-risk events impacting organisations are self-inflicted and avoidable. No industry is untouched.
Delivered at the CIO Summit in Melbourne, Australia in November 2016, in this presentation, Rob offers valuable strategic insights into the problem and why it continues to be a problem.
He outlines some practical steps that will be helpful for CIOs and CISOs in reshaping their own organisation’s approach in building a more effective and resilient information security capability.
Dealing with Information Security, Risk Management & Cyber ResilienceDonald Tabone
Information Security
1.Why the need to think about it?
2.What exactly are we talking about?
3.How do we go about doing something about it?
4.Is there a one-size-fits-all framework?
Although Sony seemed to dominate the cyber-security headlines of 2014, it was just one of many corporations infiltrated by an increasingly sophisticated and driven pool of hackers. J.P. Morgan Chase, Home Depot, and Target also top the list of businesses struggling with data breaches.
The most recent major cyberattack against Anthem Healthcare shook the insurance industry. In a rare show of honesty, the insurer began alerting customers and the media to the potential of a data break just eight days after it first noted suspicious activity on Jan. 27, 2015.
Immediately upon discovering it had been attacked, Anthem jumped to address the security vulnerability, contacted the FBI, and hired leading cyber-security firm Mandiant to evaluate its systems, said president and CEO Joseph Swedish in a statement.
Noting the importance of protecting financial institutions, New York's Department of Financial Services responded to the Anthem breach by announcing its intent to integrate regular assessments of cyber-security preparedness at insurance companies as part of its examination process. It will also enforce "enhanced regulations" on insurers based in New York.
"Recent cyber security breaches should serve as a stern wake up call for insurers and other financial institutions to strengthen their cyber defenses," said Benjamin M. Lawsky, New York State's superintendent of financial services, in a statement. He continued, "Regulators and private sector companies must both redouble their efforts and move aggressively to help safeguard this consumer data.“
Most people might expect that larger insurers, given the sensitive customer information they handle, would boast robust cyber-security programs. This is not necessarily true.
As part of its investigation, the Department found that 95% of insurers already think they have sufficient staff for information security, and just 14% of CEOs receive monthly briefings on data security. Anthem, the nation's second-largest health insurer, had not even encrypted its database containing nonmedical data. It claims that the HIPAA did not require it to do so.
While experts believe that Anthem was exclusively targeted in its attack, there is no doubt that all financial institutions are at risk. Here are eight things to know as the industry enters a year of increasingly heightened cyber-vulnerability.
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
Being aware of the trends that are expected to shape the digital landscape is an important step in ensuring the security of your data and online assets.
Amongst others, the webinar covers:
• Top Cyber Trends for 2023
• Cyber Insurance
• Prioritization of Cyber Risk
Presenters:
Colleen Lennox
Colleen Lennox is the Founder of Cyber Job Central, a newly formed job board dedicated to Cybersecurity job openings. Colleen has 25+ years in Technical Recruiting and loves to help other find their next great job!
Madhu Maganti
Madhu is a goal-oriented cybersecurity/IT advisory leader with more than 20 years of comprehensive experience leading high-performance teams with a proven track record of continuous improvement toward objectives. He is highly knowledgeable in both technical and business principles and processes.
Madhu specializes in cybersecurity risk assessments, enterprise risk management, regulatory compliance, Sarbanes-Oxley (SOX) compliance and system and organization controls (SOC) reporting.
Date: January 25, 2023
Tags: ISO, ISO/IEC 27032, Cybersecurity Management
-------------------------------------------------------------------------------
Find out more about ISO training and certification services
Training: https://pecb.com/en/education-and-certification-for-individuals/iso-iec-27032
https://pecb.com/article/cybersecurity-risk-assessment
https://pecb.com/article/a-deeper-understanding-of-cybersecurity
Webinars: https://pecb.com/webinars
Article: https://pecb.com/article
Whitepaper: https://pecb.com/whitepaper
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For more information about PECB:
Website: https://pecb.com/
LinkedIn: https://www.linkedin.com/company/pecb/
Facebook: https://www.facebook.com/PECBInternational/
Slideshare: http://www.slideshare.net/PECBCERTIFICATION
YouTube video: https://youtu.be/BAAl_PI9uRc
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.
A summary of the common, surprising, and concerning lessons learned from our validation meetings during the start up phase of our company.
The research is completely subjective, but represents common issues expressed regardless of industry, size, complexity, or perceived maturity.
To better understand how organizations manage the planning and securing of their digital assets, McAfee, Inc. retained Evalueserve to conduct an independent assessment of how organizations manage their security policies and processes, and what threats are perceived to pose the greatest
risk to their business. This global study of Enterprise-class organizations highlights how IT decision makers view the challenges of securing information assets in a highly regulated and increasingly complex global business environment. It is also forward-looking, revealing companies’ IT security priorities around processes, practices and technology for 2012 and beyond.
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
Decades of mergers and acquisitions have taken their toll on security maturity, making it inconsistent. Read how you can achieve cyber resilience in soncumer goods and services.
Decades of mergers and acquisitions have taken their toll on security maturity, making it inconsistent. Read how you can achieve cyber resilience in soncumer goods and services.
2015 Energy Industry Cybersecurity Research UpdateGridCyberSec
ScottMadden, Inc., one of North America’s leading energy consulting firms, has released a report on cybersecurity within the energy sector. This new report helps utilities understand how their cybersecurity practices and perceptions compare to those of industry peers. It is a resource for utility executives evaluating their cybersecurity capabilities. Additional industry cybersecurity information can be found on ScottMadden’s sponsored website: GridCyberSec.com.
Similar to Digital trust and cyber challenge now extends beyond the Enterprise (20)
# Internet Security: Safeguarding Your Digital World
In the contemporary digital age, the internet is a cornerstone of our daily lives. It connects us to vast amounts of information, provides platforms for communication, enables commerce, and offers endless entertainment. However, with these conveniences come significant security challenges. Internet security is essential to protect our digital identities, sensitive data, and overall online experience. This comprehensive guide explores the multifaceted world of internet security, providing insights into its importance, common threats, and effective strategies to safeguard your digital world.
## Understanding Internet Security
Internet security encompasses the measures and protocols used to protect information, devices, and networks from unauthorized access, attacks, and damage. It involves a wide range of practices designed to safeguard data confidentiality, integrity, and availability. Effective internet security is crucial for individuals, businesses, and governments alike, as cyber threats continue to evolve in complexity and scale.
### Key Components of Internet Security
1. **Confidentiality**: Ensuring that information is accessible only to those authorized to access it.
2. **Integrity**: Protecting information from being altered or tampered with by unauthorized parties.
3. **Availability**: Ensuring that authorized users have reliable access to information and resources when needed.
## Common Internet Security Threats
Cyber threats are numerous and constantly evolving. Understanding these threats is the first step in protecting against them. Some of the most common internet security threats include:
### Malware
Malware, or malicious software, is designed to harm, exploit, or otherwise compromise a device, network, or service. Common types of malware include:
- **Viruses**: Programs that attach themselves to legitimate software and replicate, spreading to other programs and files.
- **Worms**: Standalone malware that replicates itself to spread to other computers.
- **Trojan Horses**: Malicious software disguised as legitimate software.
- **Ransomware**: Malware that encrypts a user's files and demands a ransom for the decryption key.
- **Spyware**: Software that secretly monitors and collects user information.
### Phishing
Phishing is a social engineering attack that aims to steal sensitive information such as usernames, passwords, and credit card details. Attackers often masquerade as trusted entities in email or other communication channels, tricking victims into providing their information.
### Man-in-the-Middle (MitM) Attacks
MitM attacks occur when an attacker intercepts and potentially alters communication between two parties without their knowledge. This can lead to the unauthorized acquisition of sensitive information.
### Denial-of-Service (DoS) and Distributed Denial-of-Service (DDoS) Attacks
Multi-cluster Kubernetes Networking- Patterns, Projects and GuidelinesSanjeev Rampal
Talk presented at Kubernetes Community Day, New York, May 2024.
Technical summary of Multi-Cluster Kubernetes Networking architectures with focus on 4 key topics.
1) Key patterns for Multi-cluster architectures
2) Architectural comparison of several OSS/ CNCF projects to address these patterns
3) Evolution trends for the APIs of these projects
4) Some design recommendations & guidelines for adopting/ deploying these solutions.
This 7-second Brain Wave Ritual Attracts Money To You.!nirahealhty
Discover the power of a simple 7-second brain wave ritual that can attract wealth and abundance into your life. By tapping into specific brain frequencies, this technique helps you manifest financial success effortlessly. Ready to transform your financial future? Try this powerful ritual and start attracting money today!
APNIC Foundation, presented by Ellisha Heppner at the PNG DNS Forum 2024APNIC
Ellisha Heppner, Grant Management Lead, presented an update on APNIC Foundation to the PNG DNS Forum held from 6 to 10 May, 2024 in Port Moresby, Papua New Guinea.
Bridging the Digital Gap Brad Spiegel Macon, GA Initiative.pptxBrad Spiegel Macon GA
Brad Spiegel Macon GA’s journey exemplifies the profound impact that one individual can have on their community. Through his unwavering dedication to digital inclusion, he’s not only bridging the gap in Macon but also setting an example for others to follow.
1.Wireless Communication System_Wireless communication is a broad term that i...JeyaPerumal1
Wireless communication involves the transmission of information over a distance without the help of wires, cables or any other forms of electrical conductors.
Wireless communication is a broad term that incorporates all procedures and forms of connecting and communicating between two or more devices using a wireless signal through wireless communication technologies and devices.
Features of Wireless Communication
The evolution of wireless technology has brought many advancements with its effective features.
The transmitted distance can be anywhere between a few meters (for example, a television's remote control) and thousands of kilometers (for example, radio communication).
Wireless communication can be used for cellular telephony, wireless access to the internet, wireless home networking, and so on.
2. PwC
Digital Trust
Securing your future in the digital world
2
Peter Malan lead Partner presents ‘ Take control of your future by looking at
risk differently’
Digital Trust
https://takecontrol.pwc.com.au/digital-trust/
4. PwC
2015 Global state of information security survey
PwC and CSO Magazine recently launched the 2015 Global State of Information Security Survey
Key findings:
• 61% of customers would stop using a company’s product if there was a
breach in their security.
• Cyber security came third at 44% , in the top 3 risks categories.
• Reported information security incidents globally rose 48% to
42.8 million.
• Losses of $20 million or more increased 92% from the previous year
• Estimated reported average financial loss from Cyber security
incidents was $2.7 million – a 34% increase over 2013.
• Incidents caused by current employees increased 10%, service
providers, consultants and contractors rose 15% and 17%.
• 75% of CEOs now regard digital security as a serious threat to their
business.
• Only 49% of respondents say their organisation regularly convenes
to discuss, coordinate, and communicate Cyber security issues.
• 34% of respondents do not allocate security spending to their most
profitable lines of business.
• 88% of organisations are spending less than 1% of their revenue
Survey highlights
Cyber risks are a severe and
present danger 1
Incidents and financial impacts
continue to soar 2
Employees are the most cited
culprits of incidents 3
As incidents rise, security
spending is falling 4
There is a lack of involvement at
the Board level 5
There has been a decline in
fundamental security practices 6
4
5. PwC
2015 Global state of information security survey
PwC and CSO Magazine recently launched the 2015 Global State of Information Security Survey
Survey highlights
Cyber risks are a severe and
present danger 1
5
6. PwC
2015 Global state of information security survey
Incidents caused by current employees increased 10%.
Survey highlights
Incidents and financial impacts
continue to soar 2
Employees are the most cited
culprits of incidents 3
As incidents rise, security
spending is falling 4
6
7. PwC
2015 Global state of information security survey
Disconnect between increased level of concern and organisations focus
Survey highlights
There is a lack of involvement at
the Board level 5
7
of respondents review
privacy or cybersecurity
at every board meeting.
Only 8%
of respondents
rated their Board’s
oversight of privacy and
cybersecurity risks as weak,
or sufficient but needing
improvement.
95%
Many organisations have yet to assign specific role to govern privacy and cybersecurity risks,
and still view privacy and cybersecurity risks as a technology or legal / compliance issue.
Concern vs reality:
8. PwC
2015 Global state of information security survey
PwC and CSO Magazine recently launched the 2015 Global State of Information Security Survey
Survey highlights
There has been a decline in
fundamental security practices 6
8
11. PwC
The changing digital world
• Business is becoming ever increasingly interconnected
• The borders of where a business supply/value chain
starts and ends is vague
• Governments around the world are placing
a heightened level of focus and investment
into combatting cyber criminals and cyber espionage
• Corporations are being targeted directly by ‘hackers’
and indirectly via their business partners
• Company Boards need to understand the risks to their
business
- What risks are being inherited via third
party suppliers?
- Is Cloud enhancing or undermining
your business?
- Do only the right people have access to your
systems in a more ‘open’ world?
- Data, availability, integrity and
confidentiality are key to integration as part
of the business supply chain?
• Digital Trust is a key attribute in the new digital
business world.
11
12. PwC
Historical
IT Security
Perspectives
Today’s Leading
Digital security
Insights
Scope of the challenge • Limited to your “four walls”
and the extended enterprise
• Spans your interconnected global
business ecosystem
Ownership and
accountability
• IT led and operated • Business-aligned and owned; CEO
and board accountable
Adversaries’
characteristics
• One-off and opportunistic;
motivated by notoriety,
technical challenge, and
individual gain
• Organized, funded and targeted;
motivated by economic, monetary
and political gain
Information asset
protection
• One-size-fits-all approach • Prioritize and protect your “crown
jewels”
Defense posture • Protect the perimeter;
respond if attacked
• Plan, monitor, and rapidly respond
when attacked
Security intelligence and
information sharing
• Keep to yourself • Public/private partnerships;
collaboration with industry working
groups
12
Evolving perspectives
Considerations for businesses adapting to the new reality
13. PwC
Organisations are facing increasing digital challenges
13
Digital
Trust
“eBay data breach
sparks lawsuit”
Source: www.itnews.com.au
“Microsoft ordered to hand over
overseas email”
Source: www.zdnet.com
“40 million card numbers
and personal data stolen
from Target systems in
Nov/Dec 2013”
Source: www.target.com
“Hackers steal confidential
personal data from Sony
Pictures Entertainment
resulting in lawsuits”
Source: WIKI
“Target shares tumble as
retailer reveals cost of
data breach”
Source: www.forbes.com
“Bank IT ‘glitch’ leaves bank
facing £1bn bill”
Source: www.telegraph.co.uk
“Enterprises hacked after
neglecting third-party risks”
Source: www.csoonline.com
“Bank chief blames lack
of investment for IT
systems failure ”
Source: www.ft.com
Each of these incidents has an
impact on the level of
perceived trust by customers
and other key stakeholders
17. PwC 17
Digital technology is changing customer behaviour and business models at an
exponential rate and creating extraordinary and unforeseen opportunities for
growth and development.
Trust + Opportunity
= Business Growth
Opportunity and Danger
• Looking at digital security through the lens of
trust means you are considering the wider
business context in which you operate.
• In the digital space, your customers rely on you
to protect their information and privacy. If your
systems fail you, they will feel that you have
failed them.
18. PwC 18
Digital Trust, business enablers
• Build Trust –
• Focus on people and process not just technology
• Education and awareness - Raise digital knowledge and
awareness across internal staff.
• Focus on departmental relationships and trust
• Relational business partnership
• Be proactive and present a cooperative and collaborative face
of digital security.
• Being directors of change and thought leaders in the space.
• Present innovation, be solution
• Change how you present Cyber or security, it is all in the
wording…
• Does you organisation have an aversion with “Cyber’’ or
“Security” use Digital/trust?
• Opportunities –
• Mobile, cloud, analytics – technology to enhance
• Be approachable - the business will seek advice and
solutioning, they will come to you.
• The relationship will yield opportunities
Trust + Opportunity
= Business Growth
19. PwC 19
Building trust in the digital age
Managing risk
and building trust
underpins the digital
agenda as digital
platforms become
increasingly central
to the delivery of
business strategy.
To build trust you
will need confidence
in each of these
five areas:
Confidence in your security
.
Confidence in your data
Confidence in your systems
Confidence to take risks
Confidence in your digital transformation
programme
Supplier Security Ongoing Security Identity Management
Privacy and Data
Cloud Assurance Oracle ERP Controls SAP ERP Controls
Continuity and ResilienceIT Risk Diagnostic
Project Assurance
20. PwC 20
Key focus areas we too easily forget
• The majority of organisation has a multitude of
technologies.
• Data indicates that technology is not usually the key
issue, it is the lack of people and business process
that support the technologies and its process:
• People – Roles and responsibilities.
• Education and awareness (training).
• Processes – Lack of policies, standards etc.
• Governance offering the business .
assurance.
1
People, Process &
Technology
21. PwC 21
Key focus areas we too easily forget
• We too easily forget what end–to- end digital security
management is for.
• Availability
• Integrity
• Confidentiality
• We need to help the business through Education and awareness
as to why Digital security supports all 3 areas of the business.
Security is not just about technology.
• We have for too long segregated the business from IS.
• IS needs to become the conduit or integration layer between the
business and the new Digital Enterprise (Trust).
• Trust + Opportunity = Growth
2
Availability, Integrity & Confidentiality
of respondents rated
their Board’s oversight of privacy and
cybersecurity risks as weak, or
sufficient but needing improvement.
95%
of
respondents review privacy or
cybersecurity at every board meeting.
Only 8%
23. PwC
The oil and gas industry has traditionally lagged behind other sectors in
cybersecurity practices.
• 81% of organizations have implemented an overall information security strategy, the basic
foundation for cybersecurity.
• Last year, the US National Institute of Standards and Technology (NIST) compiled a range of
these global standards into a single model for risk-based cybersecurity.
• Among US oil and gas participants,
• 25% say they have adopted the voluntary NIST Cybersecurity Framework; an additional
• 13% say adoption is a future priority.
• Hiring a Chief Information Security Officer (CISO) to lead the information security program, a
tactic that 77% of oil and gas businesses have embraced.
• Over the past two years, the number of respondents who employ a CISO has spiked 57%.
• The majority of oil and gas respondents follow this best practice: Their CISOs are most likely
to report to the COO, legal counsel, the Board, or the CEO.
23
Improvements in key strategic safeguards
Companies are getting serious about business-focused cybersecurity strategies.
24. PwC
Linking information security/digital trust and risk
• As security incidents continue to proliferate, it has become clear that cyber risks can never
be completely eliminated.
• Protective measures remain important, of course, but they cannot reliably be guaranteed
to stop determined and highly skilled adversaries.
• Businesses may need to reposition their security strategy by more closely linking
technologies, processes, and people skills with overall risk management activities.
• While a well-designed cybersecurity program will not deter all risks, it can enable:
- businesses to better manage threats through an informed decision-making process,
- boost efficiencies in security safeguards, and create a more resilient security
program.
24
Improvements in key Strategic Safeguards
25. PwC
How do you become a 'digitally trusted' company?
• Trust is hard won and easily eroded. Ultimately it's about having confidence
that you have the right systems, processes and controls in place.
• Boards and their risk committees have an important role to play by asking
the right questions of management. Too often boards ask 'how strong are
our security controls?', when they should be asking 'do our customers and
other key stakeholders trust us and how do we maintain this trust?'
• Digital trust is as much about opportunity as it is risk. And it's the
companies that are 'trusted' to whom customers will increasingly turn in the
digital economy. How does your organisation stack up?
• Over leaf are some critical questions to determine how digitally trusted your
company is:
25
Are you and your partners digitally trusted?
26. PwC 26
Assess you digital trust profile:
Key Digital questions that you should be asking
Risk management
Have we identified our risk appetite, the key risks and threats to our business
presented by cyber? Are our controls 'right-sized'?
Strategic alignment Is our cyber security program aligned with our business strategy?
Information assets
Do we know where our data is physically held? Do we know where the 'crown
jewels' are (ie our most commercially sensitive and critical data)? What are our key
systems and business processes?
Network & system
architecture
Have we (and our service providers) segregated our systems and networks to
minimise the impact of any potential cyber security breaches? Especially to protect
the ‘crown jewels’.
Third party
management
With the increased reliance on third parties to deliver services, including Cloud
providers, what monitoring controls are in place and what ongoing assurance do
we have to be sure those parties are handling our data appropriately?
27. PwC 27
Assess you digital trust profile:
Key Digital questions that you should be asking
Online and digital
integration
With increasing connectivity (eg cloud, mobile, social networking) how are we
managing the ways members or third parties access our systems and our data?
Identity and access
management
How are we ensuring that the right people have access to our core systems and
data, especially privileged access? How do we know that people (employees,
suppliers or members) really are who they say they are?
Privacy & data
protection
How are you meeting member expectations from a privacy and data protection
perspective, particularly if we are keeping and analysing member data (ie 'big
data')?
Regulation
How are we sure that we are meeting our regulatory requirements in relation to
Cyber security?
Incident response
It's highly likely that we will be subject to a cyber security breach. What's our
incident response plan? How will we rebuild trust?
Do we know how to respond when we have been targeted?
28. PwC
Successful security models have the following characteristics:
• You continually monitor your risk profile. You understand what matters to the success of
your business. You realise this changes as you move forward with your business.
• You understand in real time, the new threats within the digital landscape. You are fully
aware of the risks you’re exposing the organisation to as you execute your strategic plan.
• You understand how digital is changing the fabric of your business, introducing new
threats and changing your risk profile.
• Your eyes are fully open to digital threats.
• You recognise boundaries have shifted: your business architecture has changed, so have
the risks within your digital supply chain. You are aware that threats can come from
within your organisation as well as from outside it.
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Our point of View
What good looks like, going beyond best practise
29. PwC 29
Our point of View
When is it time to Act
There are logical triggers in your business that prompt action. Here are
some examples.
• Changes to regulation or legislation that will affect your business.
• Change in the form of new suppliers, new technology, acquisitions, new markets or a
change in leadership.
• Trends or developments in your market that are likely to affect your business and
where it’s better to respond proactively.
30. PwC 30
Our point of View
How do you benefit
A well managed digital security program will gain the
trust of your customers and clients. Provide you the
confidence to realise the full potential of the digital
environment for your business.
Below are the six confidences that will help you apply
digital security to the heart of your business.
- Confidence in your people and processes
- Confidence in your technology
- Confidence in your connections
- Confidence to take risks
- Confidence during a crisis
- Confidence in your priorities
31. PwC 31
Our point of View
How we can help
We provide market leading end–to-end solutioning across people, process and technology offering to
help you build trust, capitalise on the opportunities and navigate the risks in the digital age – building
growth.
We bring:
• Access to the largest network of global expertise and insights from helping leading organisations.
• A multidisciplinary offering to address the multifaceted and complex nature of digital risk and
security.
• Innovation in our thinking and our tools to help you manage risk in the rapidly changing digital
landscape.
33. www.pwc.com.au
If there is one question I leave
with you today,
‘Why is the digital world more
dangerous than the old world?
Questions time
34. PwC 34
Contact details
Further question, please forward or just call me
Mourad Khalil
Senior Manager Digital Risk
M: +61 403 980 718
mouradswork@gmail.com