Why cyber-threats could kill your business transformation We live in a connected world, and many organisations have responded with business transformation programs encompassing cloud, remote endpoints, shared networks, and more.  How long can these connected systems and processes survive in a world of next generation, increasingly stealthy and complex cyber threats?  This presentation will consider the threats facing digitally-powered businesses today and in the coming years – and how the security industry can help them address these threats. Not just through multi-layered, machine-learning and intelligence-based protection, but, equally importantly, through collaboration – with each other and with the business community – to share intelligence, build skills, and ensure security is built in from the very start of every new product and service.

1. Adam Maskatiya
General Manager, UK and Ireland
Kaspersky Lab
Why cyber-threats
could kill your business
transformation

2. The landscape facing business today
2
• We live in a connected world
• Politically and economically uncertain
• Different data laws and legislation
• Everything is faster

3. Business-as-usual no longer applies
3
• Disruption
• Competition
• Need for differentiation

4. Achieving business transformation demands
4
But
Variable security standards
across supply chain = risk
Breaking down
barriers
Transformed
relationships
Faster innovation,
development and time to
market

5. A revolution in financial services
5
But
• New entrants vulnerable to cyberthreats
• Phishing and fraud
• Data breaches, nation-state backed theft
• Loss of data integrity
The landscape for banking has changed
• Global competition
• Impact of technology
• Evolving customer demands

6. A world powered by digital
6
• Digital technologies that power business growth
Cloud Mobility Networks Machine-learning
Cognitive
computing
Robotic process
automation
Big data
& analytics
Smart stuff – the
Internet-of-things

7. Connected healthcare
7
Revolutionizing medical systems and preventative
care
But
• 1,500 devices processing confidential
patient images exposed online
• Norwegian regional health service hack
– 3m records at risk
• One vulnerable entry point can provide
access to private networks, critical
equipment, data

8. Digital transformation carries risk
8
• New points of weakness
• Loss of perimeter
• Unmonitored device use
• Supply chain vulnerabilities
• Lack of employee awareness
• Lack of professional skills

9. The threat landscape
9
Traditional
cybercrime
Targeted threats
to organisations
Cyber-weapons
90%
9.9%
0.1%

10. 0.1% is small – but is the impact?
10
9.9%90% 0.1%
Known
Threats
Unknown
Threats
Advanced
Threats
APT
Apex
Targeted
Attacks
The cost of a targeted attack
for enterprises
$ 1.2M
Cost to launch – from low to high
Costtomitigate
Impact & cost
to mitigate
risk level

11. Everyone can be a target
11
• Our data shows that:
• ‘When’ not ‘if’ is the new norm
In 2017, one in four
businesses worldwide
was hit by a significant
targeted attack
believe they could
already have been
breached
2017 52%

12. You can’t fix and block everything
12
50% of businesses can’t tell the
difference between generic incidents
and serious cyber-threats
Millions of daily alerts
Delays in detection
63% don’t know how to respond
to a complex attack

13. Security is not about where you’re going
– it’s how you get there
13
• We need to rethink our approach to managing
corporate security
• In 2018 and beyond security is about
The right data,
threat intelligence
Visibility
and control
‘Always-on’ monitoring
and analysis
Incident detection
and response

14. We all have to be threat hunters now
14
• Intelligence
• Collaboration
• Sharing knowledge, building skills

15. Thank you!