Faculdade de Direito, Lisboa, 02-Jul The Competitive Advantage of Cybersecurity

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1 Faculdade de Direito, Lisboa, 02-Jul-2014 The Competitive Advantage of Cybersecurity

2 Thales Key highlights (I) A global company with 65,000 employees and 14,2 billion in revenues, R&D 2,5 billion * We help our customers to: In 3 major sectors: Provide reliable and secure solutions Monitor and control Protect and defend Defence Security Transportation Aerospace and Transport 40% Defence and Security 60% Military Civil *2013 figures TECHNOLOGIES 2

3 Thales Key highlights (II) 9 out of 10 of the world s leading technology companies 19 out of the world s 20 top banks and financial companies The world s 3 largest pharmaceutical companies The top 4 global energy companies 70% of worldwide financial transactions Number One European supplier for Government Information Security (50 countries, 25 NATO countries) TECHNOLOGIES 3

4 DEFENSE & SECURITY Combat Management Systems Integration Sensors Weapons Control Real time Situational Awareness Systems Command & Control Integrated Bridge Common Operation Picture GIS ( Geographical Info Systems) Naval Systems Ship Integrated Information Systems Ship s Logistic Information Management Systems IPMS Ship Automation & Control Maritime Security Surveillance VTS/VTMIS Vessel Traffic management Situational Awareness Maritime Surveillance using SAR Satellites Harbor Protection & Port Security Support Decision Systems Coastal & Port Surveillance Cybersecurity & Critical Information Systems Secure Communications Security Operations Centers (SOC) Information & Mobile Security Mission-critical Information Systems TECHNOLOGIES 4

5 AERONAUTICS & SPACE Satellite Navigation & Communication Systems Deliver satellite navigation and communication solutions applied to several domains, such as Aeronautics, Mobility and Transportation. Maritime & Earth Observation SAR and Optical Imagery Oil Spill Detection Vessel Detection Avionics Software development according RTCA-DO-178B Engineering and Support Airports Solutions & ATM Installation and support to Air Traffic Control equipment's. Consultancy services and specific solutions to Airport systems Santa Maria Ground Station (Azores) Triple mission station managed and operated by EDISOFT ESA tracking station Earth observation station Galileo Sensor Station Embedded Systems: RTEMS by Edisoft - Real-Time Operating System for multiprocessor systems for applications, designed for deeply embedded systems and developed for the space. TECHNOLOGIES 5

6 Cybersecurity: it s not just about technology The five most common cyber security mistakes 1 1 Mistake: We have to achieve 100 percent security Reality: 100 percent security is neither feasible nor the appropriate goal 2 Mistake: When we invest in best of-class technical tools, we are safe Reality: Effective cyber security is less dependent on technology than you think 3 Mistake: Our weapons have to be better than those of the hackers Reality: The security policy should primarily be determined by your goals, not those of your attackers 4 Mistake: Cyber security compliance is all about effective monitoring Reality: The ability to learn is just as important as the ability to monitor 5 Mistake: We need to recruit the best professionals to defend ourselves from cyber crime Reality: Cyber security is not a department or just people, but an attitude TECHNOLOGIES 6

7 What is Cybersecurity? Cyber Security Static Active Pro active IS Security Cyber Defense Cyber Intelligence Architecture Design Firewalls Encryption PKI Services Architecture Design Situation Awareness SIEM Sensor + DPI Services Data mining analysis Big Data analysis Intelligence Predictive intrusion Services Products, Solutions, Processes, Policies and PEOPLE! TECHNOLOGIES 8

8 Cyber Attacks Trends The Evolution of the Threat Sophisticated and targeted Mixed of high tech and low tech tactics Combined physical and logical (Social Engineering) Mediatisation of the attack Going mobile (mobile banking, mobile hacking ) SCADA and embedded systems E-Crime... & much more TECHNOLOGIES 9

9 Cybersecurity approach Classic Approach of Information Security: Perimetric and Static Defence Perimetric defence with technical tools Human resources costly, lack of expertise Lack of Intelligence, Information silos Too much alerts and data Information Security today: Be Pro active! Identify emerging threats Inject real time intelligence to update your defence proactively Track cyber criminal Develop awareness on evolving threats landscape Signature and behavioural based controls TECHNOLOGIES 10

10 Our vision put in practice Cybersecurity Operational Centre: Build In House or Build & Run by Thales Reaction Analysis Anticipation Communication Hypervision Forensic Datamining Storage Reporting Audit Mapping Detection Compliance Simulation Business Impact Correlation TECHNOLOGIES 11

11 Why Cybersecurity matters? Would you employ someone without interviewing him or her? Would you allow anyone off the street access to your business premises? You are probably introducing technology into your organization every week You are likely to be linking this technology to networks holding business critical information You may be doing this in a world in which data is the new intellectual property TECHNOLOGIES 12

12 Why Cybersecurity matters? More than half (58%) of European midsized firms say they would refuse to do business with a company that had suffered a data breach 1 European companies are experiencing a 50% per year increase in data breaches, their approach to information management is defined by confusion, inconsistency and double standards 1 Cyber security issues must be seen a business risk and should be treated accordingly June 2013 TECHNOLOGIES 13

13 Cybersecurity: a Journey 1. Understanding the threats and your vulnerabilities 2. Putting in place the technologies and security architecture, practices, policies, and training 3. support the constant monitoring and mitigation of risks to your people, processes, and information from cyber attacks understanding your vulnerabilities technologies and security architecture, practices, policies, and training constant monitoring and mitigation of risks TECHNOLOGIES 14

14 Cybersecurity for Companies The impact of a cyber attack may be devastating upon a company. Examples of corporate risk include: Loss of productivity through cyber attack on IT Revenue decline through loss of intellectual property Loss of market share due to competition getting to market quicker/better/cheaper Loss of market entry following hacked bid win price Reputation loss through not taking appropriate mitigating actions Brand devaluation resulting in loss of customer trust; fall in share price Regulator/legislative fines Results in exclusion to tender for new contracts Good Cyber Security through management of evolving threats can prevent significant loss of revenue / reputation and increase competitive advantage. TECHNOLOGIES 15

15 Cybersecurity as a competitive advantage Focus on what matters to you Protect your valuable assets Cybersecurity is about humans, not just IT Cybersecurity is more than an IT challenge - it s a business imperative Good cyber security requires active top management support as much as rules and software solutions Excellence in cybersecurity True competitive advantage Manage intellectual property and critical assets more effectively than your competitors TECHNOLOGIES 16

16 In today s global, digital world, data rules. Safeguarding intellectual property, financial information, and your organization reputation is a crucial part of business strategy. Yet with the number of threats and the sophistication of attacks increasing, it s a formidable challenge. Nuno Guerreiro Innovation & Tendering Manager/Defense and Security Mob: Tel: Fax: Thank You Rua Calvet de Magalhães, N Paço de Arcos Portugal

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