The Cyber Security Readiness of Canadian Organizations
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The document summarizes the results of a 2016 cyber security study of over 650 IT and security practitioners in Canada. It found that only 37% believe they are winning the cyber security war, organizations experience 40 cyber attacks per year on average, and the average cost of a cyber security compromise was $7 million in the last 12 months. It identified high performing organizations that have achieved a more effective cyber security posture. High performing organizations are more likely to believe they are winning the cyber security war, less likely to experience data loss or exposure incidents, invest heavily in monitoring tools, and have cyber security strategies more aligned with business goals.
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We surveyed 650+ IT and IT security practitioners in Canada , and found that organizations are experiencing an average of 40 cyber attacks per year and only 37% of organizations believe they are winning the cyber security war. We looked at average spend, cost of attacks, and technologies that are yielding the highest ROI. We also provide recommendations on how you can benchmark your own security posture and what you can do to improve.
The 10 Fastest Growing Cyber Security Companies of 2017
The 10 Fastest Growing Cyber Security Companies of 2017Insights success media and technology pvt ltd
- Cybersecurity spending has grown significantly over the past decade, from $3.5 billion in 2004 to an estimated $120 billion in 2017, driven largely by increasing cybercrime.
- Many large companies have significantly increased their cybersecurity budgets in response, including Bank of America which has an unlimited budget for cybersecurity, JPMorgan Chase which doubled its budget to $500 million, and Microsoft which invests over $1 billion annually.
- However, small and medium businesses are particularly vulnerable as they bear 72% of cyber attacks but often lack the resources of larger companies to implement robust cybersecurity programs. Highground Cyber aims to help small and mid-market CEOs protect their companies through comprehensive cybersecurity solutions.2015 Scalar Security Study Executive Summary
The document summarizes a study on the cyber security readiness of Canadian organizations. It finds that only 41% of respondents believe they are winning the cyber war due to challenges like lack of in-house expertise. Organizations experience an average of 34 cyber attacks per year, with almost half involving sensitive information loss. High-performing organizations that invest more in cyber security (12% of IT budget vs 8% for low performers) are better prepared to mitigate risks and experienced fewer attacks involving information loss (38% vs 53%). The practices of high performers can help organizations improve cyber security effectiveness.
How close is your organization to being breached | Safe Security
This document discusses the need for organizations to quantify their digital business risk and cybersecurity posture using mathematical models. It introduces SAFE, a unique method developed by MIT researchers to measure an organization's cyber risk using a Bayesian network and machine learning. SAFE analyzes data from various sources to provide a breach likelihood score between 0-5, indicating how likely a breach is in the next 12 months. It also demonstrates how SAFE could have helped detect and prevent a recent ransomware attack on a large shipping company.
2015 Energy Industry Cybersecurity Research Update
The document is an energy industry cybersecurity report from July 2015. It provides key findings from surveys of energy organizations regarding their cybersecurity risks, programs, and challenges. Some of the main findings are that organizations acknowledge growing cyber risks but are not confident in their ability to manage them, most have experienced a disruptive cyber incident, and insiders are viewed as the biggest risk. The report aims to help organizations evaluate and improve their cybersecurity efforts.
Top Cyber News Magazine - Oct 2022
The Next Great Challenge for CISOs
I am honored to be recognized! Cybersecurity is truly a team effort at a strategic level, either we all work together or the threats will tear us down piecemeal! Every person, no matter their role, can play an important part in making digital technology trustworthy and keeping the Internet secure, private, and safe.
idg_secops-solutions
The document discusses the growing security challenges faced by organizations and the need to close the gap between security (SecOps) and IT operations teams. It notes that the volume and complexity of cyberattacks have increased significantly. However, current security tools, processes, and teams are often unable to keep up due to a lack of integration and coordination between security and operations groups. This results in security vulnerabilities not being addressed quickly enough, leading to potential data breaches and other security incidents. The document argues that automating security and operations workflows can help eliminate inefficiencies and prioritize the remediation of the most critical issues.
Alert logic cloud security report
Alert Logic Cloud Security Report analyze a year of security data to find insights to better help defend against latest threats.
Three interesting things found in the report are:
1. Differences between threats in the cloud and in traditional infrastructure
2. what makes a company more vulnerable to attacks
3. why having a good understanding of the Cyber Kill Chain could help take a preventative approach to cloud security
Cyber Risk Quantification | Safe Security
Today, the delegation of risk decisions to the IT team
cannot be the only solution and has to be a shared
responsibility. The board and business executives are
expected to incorporate the management of cyber risk
as part of their business strategy since they are
accountable to stakeholders, regulators and
customers. For the CROs, CISOs, and Security and Risk
Management Professionals to be on the same page,
there has to be a single source of truth for
communicating the impact that cyber risk has on
business outcomes, in a language that everyone can
understand.
Before the Breach: Using threat intelligence to stop attackers in their tracks
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Matt_Cyber Security Core Deck September 2016.pptx
The document discusses trends in the cyber security market and the chief information security officer (CISO) role. It notes the growing threat of cyber attacks and increasing importance of the CISO position. The CISO role has evolved from a technical role to require business skills to communicate cyber risk to executives. The document also discusses cyber security organization structures, emerging CISO profiles, and competencies for different types of CISOs. Finally, it briefly mentions the talent implications of digital transformation, including new roles in data analytics and existing roles requiring digital skills.
What is cyber security
Cyber security is the body of technologies and process which practices protection of network, computers, data and programs from unauthorized access, cyber threats, attacks or damages
RSA Security Brief : Taking Charge of Security in a Hyperconnected World
The new RSA Security Brief highlights that basic security lapses still contribute to most security incidents. The report identifies top areas for improvement and provides practical guidance on measures that deliver the greatest impact on organizations' ability to respond to cyber attacks and data breaches.
About RSA Security Brief :
RSA Security Briefs provide security leaders and risk management executives with essential guidance on today's most pressing information security threats and opportunities. Each Brief is created by a select team of experts who connect experiences across organizations to share specialized knowledge on a critical security topic. Offering both big-picture insight and practical technology guidance, RSA Security Briefs are vital reading for today's forward-thinking security and risk management practitioners.
Read More via
Étude mondiale d'EY sur la cybersécurité (2018)
Organizations are increasing spending on cybersecurity but many still have vulnerabilities. While larger organizations are improving protection and increasing budgets, over 75% still lack sufficient cybersecurity. Common vulnerabilities include careless employees, outdated security controls, and unauthorized access. Few organizations have matured programs across threat intelligence, vulnerability management, breach detection and response. Most breaches go undetected, and many organizations only increase security after experiencing harm from a breach. Overall, while awareness and spending are rising, many organizations still have work to do to strengthen basic protections of their most critical assets and information.
Cybersecurity report-vol-8
The document discusses how investing more in cybersecurity does not necessarily lead to better outcomes. While 99% of organizations have a security risk management strategy, those that are confident in their strategy (42%) significantly outperform those that are not (57%) in key business metrics like costs, efficiency, and customer satisfaction. The document advocates for focusing on a risk management strategy that is business-driven and updated regularly rather than excessive spending on cybersecurity, in order to free up resources for digital transformation initiatives. It provides perspectives from IT professionals on challenges with visibility, staying current on threats, and needing a framework to guide decisions.
Cyber Resilience white paper 20160401_sd
This document discusses cyber resilience and how organizations can safeguard themselves in today's digital world. It defines cyber resilience as the ability to prepare for and adapt to changing threat conditions while withstanding and rapidly recovering from attacks. The document outlines seven key capabilities of a cyber resilient enterprise: identification, protection, detection, recovery, visibility, analytics, and forensics. It emphasizes that people, processes, policies and technology are all important aspects of achieving cyber resilience.
Data security: How a proactive C-suite can reduce cyber-risk for the enterprise
Data security: How a proactive C-suite can reduce cyber-risk for the enterpriseThe Economist Media Businesses
Cyber-security is the number one technology issue in the C-suite and Board Room. No wonder that many senior executives are asking what they can be doing to stem the tide of cyber-attacks on their firms.Cyber-Security-Whitepaper.pdf
Cyber-attacks are an alarming threat to all types of businesses & organizations.The risk of a cyber-attack is not just a risk to your company but also to your privacy.Hence, cybersecurity is crucial for every business. Cybersecurity protects critical data from cyber attackers. This includes sensitive data, governmental and industry information, personal information, personally identifiable information (PII), intellectual property, and protected health information (PHI). If you are looking for tools to fight against cyber threats, then Techwave’s tools & technologies with adequate controls will help your organization stay protected.
Cyber-Security-Whitepaper.pdf
The document discusses cybersecurity and Techwave's approach. It notes that cyber attacks are a threat to businesses and their privacy. Techwave provides cybersecurity tools and technologies to help organizations stay protected. Their solutions include a defense-in-depth strategy with multiple security layers, digital certificates for authentication, and comprehensive security assessments and plans. Techwave aims to maintain data security, manage risks, avoid breaches, and ensure compliance.
Similar to The Cyber Security Readiness of Canadian Organizations (20)
The 10 Fastest Growing Cyber Security Companies of 2017
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Folding is a recent technique for building efficient recursive SNARKs. Several elegant folding protocols have been proposed, such as Nova, Supernova, Hypernova, Protostar, and others. However, all of them rely on an additively homomorphic commitment scheme based on discrete log, and are therefore not post-quantum secure. In this work we present LatticeFold, the first lattice-based folding protocol based on the Module SIS problem. This folding protocol naturally leads to an efficient recursive lattice-based SNARK and an efficient PCD scheme. LatticeFold supports folding low-degree relations, such as R1CS, as well as high-degree relations, such as CCS. The key challenge is to construct a secure folding protocol that works with the Ajtai commitment scheme. The difficulty, is ensuring that extracted witnesses are low norm through many rounds of folding. We present a novel technique using the sumcheck protocol to ensure that extracted witnesses are always low norm no matter how many rounds of folding are used. Our evaluation of the final proof system suggests that it is as performant as Hypernova, while providing post-quantum security.
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The Cyber Security Readiness of Canadian Organizations
- 1. The Cyber Security Readiness of Canadian Organizations results of the 2016 scalar security study
- 2. We surveyed over 650 IT and IT security practitioners with various roles and responsibilities from a wide range of industries, with almost two thirds working in organizations with between 251 and 5,000 employees in Canada.
- 3. What you need to know about the cyber security landscape in Canada today.
- 4. Only 37%of organizations believe they are winning the cyber security war
- 5. Organizations in Canada experience an average of 40cyber attacks per year
- 6. Mobile devices and applications are considered the greatest IT security risk.
- 7. On average, respondents estimated that cyber security compromise cost their organization $7MILLIONin the last 12 months
- 8. While it appears that the overall threat landscape has become more severe in the last 12 months, there is some good news.
- 9. We identified certain organizations represented in this study that self-report to have achieved a more effective cyber security posture and are better able to mitigate risks, vulnerabilities, and attacks.
- 10. We refer to these as “high performing” organizations, and they represent of those surveyed.
- 11. High performing organizations do things differently that have yielded some positive results…
- 12. They are more likely to believe they are winning the cyber security war.
- 13. They are LESS likely to have experienced an incident in the past 12 months that led to the loss or exposure of sensitive information.
- 14. They are heavily investing in monitoring and visibility tools including network traffic surveillance and SIEM.
- 15. They are almost TWICEas likely as low performers to have a cyber security strategy that is fully aligned to the business goals and mission.
- 16. They dedicate MORE of their IT budget to information security.
- 17. So, what can you learn from high performing organizations?
- 18. INVESTin the visibility of your network in order to detect more attacks and suffer less successful breaches.
- 19. ENSUREenterprise-wide adoption of a cyber security strategy and align it with the overall mission of the organization.
- 20. ALLOCATEa greater portion of your IT budget to security-specific initiatives.
- 21. Download the complete study at scalar.ca/security-study-2016