7 th Annual Information Security Summit The Executive Forum. Information Security Management Overview

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "7 th Annual Information Security Summit The Executive Forum. Information Security Management Overview"

Transcription

1 7 th Annual Information Security Summit The Executive Forum Information Security Management Overview June 4, 2015 Copyright Citadel Information Group. All Rights Reserved.

2 2 Establishing Leadership. Providing Senior Management Education. An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage. Jack Welch

3 3 The number one thing at the Board level and CEO level is to take cybersecurity as seriously as you take business operations and financial operations. It s not good enough to go to your CIO and say are we good to go. You ve got to be able to ask questions and understand the answers. Major Gen Brett Williams, U.S. Air Force (Ret) This Week with George Stephanopoulos, December 2014

4 4 CyberCrime in the News

5 5 Cybercrime s Greatest Impact is on Small & Medium Sized Organizations 30% of victims have fewer than 250 employees 60% of smallbusiness victims are out of business within 6 months 80% of these breaches preventable

6 6 Online Financial Fraud Continues To Be Growing Challenge

7 7 Data Breach Costs Expensive. Money Down the Drain. $154 Per Compromised Record $3.8 Million Per Event Investigative Costs Breach Disclosure Costs Legal Fees Identity Theft Monitoring Lawsuits Customers Shareholders

8 8 Hackers Encrypt Your Files, Demand 'Ransom'

9 9 Organizations Under Attack for Political Views

10 10 Company Driven Into Bankruptcy by Competitor Hack

11 11 Disgruntled Employees Sabotage Systems, Steal Information and Extort Money

12 The Bottom Line: Cyber Security Management Is Now An Executive Management Necessity 12 Customer, Client and Donor Information Credit Cards and PCI Compliance HIPAA Security Rule Breach Disclosure Laws On-Line Bank Fraud & Embezzlement Theft of Trade Secrets & Other Intellectual Property Loss of Other Peoples Information Critical Information Made Unavailable Systems Used for Illegal Purposes

13 13 Meeting the Cybercrime Challenge Distrust and caution are the parents of security. Benjamin Franklin

14 The Objective of Cyber Security Management is to Manage Information Risk Cyber Fraud Information Theft Ransomware Denial of Service Attack Regulatory / Compliance Disaster Loss of Money Brand Value Competitive Advantage

15 The Basic Elements of Information Risk 15 Confidentiality / Privacy Integrity Availability Authenticity Non-Repudiation Anonymity

16 16 The Information Security Management Chain Identify Protect Detect Respond Recover Risk Transfer and Insurance Legal and Regulatory Framework It Takes the Village Internal & External Based Upon: 1. NIST Cybersecurity Framework 1.0, dated February 12, 2014, and Update of December 5, International Standards Organization 27001:2013: Information technology Security techniques Information security management systems Requirements 3. Porter Value Chain: Understanding How Value is Created Within Organizations

17 Manage Information Security From the Top 17 Chief Information Security Officer / Information Security Manager Independent C-Suite Access Supported with Cross-Functional Support Subject Matter Expertise

18 18 Know What Information Needs To Be Protected and Where It Is Online Banking Credentials Credit cards Employee Health Information Salaries Trade Secrets Intellectual Property Servers Desktops Cloud Home PCs BYOD devices

19 19 Implement Written Information Security Management Policies and Standards

20 20 Train Staff to Be Mindful. Provide Phishing Defense Training.

21 21 Require Vendor(s) to Meet Security Management Standards Security Management included in Service Level Agreements Comply with Information Security Standards Business Associate Agreements (HIPAA) Information Security Continuing Education

22 22 Make Sure IT Keeps All Programs Updated

23 23 Critical Information Available in Disaster? Trust But Verify.

24 24 Be Prepared: Collect, Protect and Analyze Evidence Ensure IT is logging all potentially-relevant events Make sure IT staff doesn t unknowingly destroy valuable evidence Use trained experts to conduct incident forensics

25 ISSA-LA: Assisting IT Staff Gain Expertise 25 Monthly Meetings: 3 rd Wednesday of Most Months Information Security Management Boot Camp for IT Professionals

26 26 Summary: Manage Security of Information as Seriously as Operations & Finance Implement Formal Information Security Management System 1. Information Security Manager / Chief Information Security Officer 2. Implement Formal Risk-Driven Information Security Policies and Standards 3. Identify, Document and Control Sensitive Information 4. Train and Educate Personnel. Change Culture. 5. Manage Vendor Security 6. Manage IT Infrastructure from information security point of view

27 The Rest of the Day 27 Information Security Expert Panels Panel 1: Information security management need Panel 2: Be prepared Luncheon Keynote Joseph Esposito, LA County District Attorneys Office Case Studies Case Study 1: The Case of the Extra Payroll File. Case Study 2: The Case of We re not sure what if anything has happened Case Study 3: The Case of the Stupendous Sales Opportunity

28 7 th Annual Information Security Summit The Executive Forum Information Security Management Overview Copyright Citadel Information Group. All Rights Reserved.

Meeting the Information Security Management Challenge in the Cyber-Age

Meeting the Information Security Management Challenge in the Cyber-Age Meeting the Information Security Management Challenge in the Cyber-Age November 2015 David Lam, CISSP, CPP Vice-President Citadel Information Group Copyright 2015. Citadel Information Group. All Rights

More information

Breaching Bad: New Cyber Security Risks & Regulations Affecting Suppliers At All Tiers

Breaching Bad: New Cyber Security Risks & Regulations Affecting Suppliers At All Tiers Breaching Bad: New Cyber Security Risks & Regulations Affecting Suppliers At All Tiers Securing the Infrastructure April 2015 Stan Stahl, Ph.D. President Citadel Information Group Phone: 323.428.0441 Stan@Citadel-Information.com

More information

Meeting the Information Security Management Challenge in the Cyber-Age

Meeting the Information Security Management Challenge in the Cyber-Age Meeting the Information Security Management Challenge in the Cyber-Age April 29. 2015 Stan Stahl, Ph.D. President Citadel Information Group Phone: 323.428.0441 Stan@Citadel-Information.com www.citadel-information.com

More information

Financial Implications of Cybercrime Meeting the Information Security Management Challenge in the Cyber-Age

Financial Implications of Cybercrime Meeting the Information Security Management Challenge in the Cyber-Age Financial Implications of Cybercrime Meeting the Information Security Management Challenge in the Cyber-Age Southern California Association for Financial Professionals February 14, 2014 Stan Stahl, Ph.D.

More information

CYBER SECURITY MANAGEMENT: THE NEW C-SUITE RESPONSIBILITY

CYBER SECURITY MANAGEMENT: THE NEW C-SUITE RESPONSIBILITY CYBER SECURITY MANAGEMENT: THE NEW C-SUITE RESPONSIBILITY 8 Critical Factors for Managing Productivity and Performance in 2013 April 19, 2013 Stan Stahl, Ph.D. President Citadel Information Group Phone:

More information

Information Security Addressing Your Advanced Threats

Information Security Addressing Your Advanced Threats Information Security Addressing Your Advanced Threats Where We are Going Information Security Landscape The Threats You Face How To Protect Yourself This Will Not Be Boring What Is Information Security?

More information

RISKY BUSINESS SEMINAR CYBER LIABILITY DISCUSSION

RISKY BUSINESS SEMINAR CYBER LIABILITY DISCUSSION RISKY BUSINESS SEMINAR CYBER LIABILITY DISCUSSION October 23, 2015 THREAT ENVIRONMENT Growing incentive for insiders to abuse access to sensitive data for financial gain Disgruntled current and former

More information

Who s Doing the Hacking?

Who s Doing the Hacking? Who s Doing the Hacking? 1 HACKTIVISTS Although the term hacktivist refers to cyber attacks conducted in the name of political activism, this segment of the cyber threat spectrum covers everything from

More information

Information Security for the Rest of Us

Information Security for the Rest of Us Secure Your Way Forward. AuditWest.com Information Security for the Rest of Us Practical Advice for Small Businesses Brian Morkert President and Chief Consultant 1 Introduction President Audit West IT

More information

PwC Cybersecurity Briefing

PwC Cybersecurity Briefing www.pwc.com/cybersecurity Cybersecurity Briefing June 25, 2014 The views expressed in these slides are solely the views of the presenters and do not necessarily reflect the views of the PCAOB, the members

More information

WHAT EVERY CEO, CIO AND CFO NEEDS TO KNOW ABOUT CYBER SECURITY.

WHAT EVERY CEO, CIO AND CFO NEEDS TO KNOW ABOUT CYBER SECURITY. WHAT EVERY CEO, CIO AND CFO NEEDS TO KNOW ABOUT CYBER SECURITY. A guide for IT security from BIOS The Problem SME s, Enterprises and government agencies are under virtually constant attack today. There

More information

Information Security Services

Information Security Services Information Security Services Information Security In 2013, Symantec reported a 62% increase in data breaches over 2012. These data breaches had tremendous impacts on many companies, resulting in intellectual

More information

RETHINKING CYBER SECURITY Changing the Business Conversation

RETHINKING CYBER SECURITY Changing the Business Conversation RETHINKING CYBER SECURITY Changing the Business Conversation October 2015 Introduction: Diane Smith Michigan Delegate Higher Education Conference Speaker Board Member 2 1 1. Historical Review Agenda 2.

More information

FACT SHEET: Ransomware and HIPAA

FACT SHEET: Ransomware and HIPAA FACT SHEET: Ransomware and HIPAA A recent U.S. Government interagency report indicates that, on average, there have been 4,000 daily ransomware attacks since early 2016 (a 300% increase over the 1,000

More information

Cybersecurity. Are you prepared?

Cybersecurity. Are you prepared? Cybersecurity Are you prepared? First Cash, then your customer, now YOU! What is Cybersecurity? The body of technologies, processes, practices designed to protect networks, computers, programs, and data

More information

Cyber Risk Checklist: Compliance with Legal Obligations Grand Rapids Cyber Security Conference April 23, 2014

Cyber Risk Checklist: Compliance with Legal Obligations Grand Rapids Cyber Security Conference April 23, 2014 Cyber Risk Checklist: Compliance with Legal Obligations Grand Rapids Cyber Security Conference April 23, 2014 2014, Mika Meyers Beckett & Jones PLC All Rights Reserved Presented by: Jennifer A. Puplava

More information

RLI PROFESSIONAL SERVICES GROUP PROFESSIONAL LEARNING EVENT PSGLE 123. Cybersecurity: A Growing Concern for Small Businesses

RLI PROFESSIONAL SERVICES GROUP PROFESSIONAL LEARNING EVENT PSGLE 123. Cybersecurity: A Growing Concern for Small Businesses RLI PROFESSIONAL SERVICES GROUP PROFESSIONAL LEARNING EVENT PSGLE 123 Cybersecurity: A Growing Concern for Small Businesses Copyright Materials This presentation is protected by US and International Copyright

More information

Discussion on Network Security & Privacy Liability Exposures and Insurance

Discussion on Network Security & Privacy Liability Exposures and Insurance Discussion on Network Security & Privacy Liability Exposures and Insurance Presented By: Kevin Violette Errors & Omissions Senior Broker, R.T. Specialty, LLC February, 25 2014 HFMA Washington-Alaska Chapter

More information

4/30/2015 CYBER LIABILITY AND AVIATION AGENDA LEARNING OBJECTIVES. Presented by Hal Hunt May 3, 2015

4/30/2015 CYBER LIABILITY AND AVIATION AGENDA LEARNING OBJECTIVES. Presented by Hal Hunt May 3, 2015 CYBER LIABILITY AND AVIATION Presented by Hal Hunt May 3, 2015 AGENDA Introduction Leaning Objectives Threat Examples Underwriting Protection/Cyber Policy Summary 2 LEARNING OBJECTIVES Understand Key Terms

More information

GALLAGHER CYBER LIABILITY PRACTICE. Tailored Solutions for Cyber Liability and Professional Liability

GALLAGHER CYBER LIABILITY PRACTICE. Tailored Solutions for Cyber Liability and Professional Liability GALLAGHER CYBER LIABILITY PRACTICE Tailored Solutions for Cyber Liability and Professional Liability Are you exposed to cyber risk? Like nearly every other business, you have probably capitalized on the

More information

Cyber Insurance White Paper

Cyber Insurance White Paper Cyber Insurance White Paper This document provides an introduction to cyber insurance. This is a modern insurance product in response to modern security problems. Learn how to reduce your premiums. Author:

More information

Cybersecurity Best Practices in Mortgage Banking. Article by Jim Deitch October 2015

Cybersecurity Best Practices in Mortgage Banking. Article by Jim Deitch October 2015 Cybersecurity Best Practices in Mortgage Banking Article by Jim Deitch Cybersecurity Best Practices in Mortgage Banking BY JIM DEITCH Jim Deitch Recent high-profile cyberattacks have clearly demonstrated

More information

Cybersecurity Demystified: Information Technology Security Trends. Joe Oleksak, Plante Moran

Cybersecurity Demystified: Information Technology Security Trends. Joe Oleksak, Plante Moran Cybersecurity Demystified: Information Technology Security Trends Joe Oleksak, Plante Moran Agenda Data Security Trends Example Attacks Industry Examples An Answer 1 Who Are The Victims? Targets - victims

More information

Understanding the Business Risk

Understanding the Business Risk AAPA Cybersecurity Seminar Andaz Savannah Hotel March 11, 2015 10:30 am Noon Understanding the Business Risk Presenter: Joshua Gold, Esq. (212) 278-1886 jgold@andersonkill.com Disclaimer The views expressed

More information

Insurance Considerations Related to Data Security and Breach in Outsourcing Agreements

Insurance Considerations Related to Data Security and Breach in Outsourcing Agreements Insurance Considerations Related to Data Security and Breach in Outsourcing Agreements Greater New York Chapter Association of Corporate Counsel November 19, 2015 Stephen D. Becker, Executive Vice President

More information

Managing Cyber Risk through Insurance

Managing Cyber Risk through Insurance Managing Cyber Risk through Insurance Eric Lowenstein Aon Risk Solutions This presentation has been prepared for the Actuaries Institute 2015 ASTIN and AFIR/ERM Colloquium. The Institute Council wishes

More information

Data Privacy & Security: Essential Questions Every Business Must Ask

Data Privacy & Security: Essential Questions Every Business Must Ask Data Privacy & Security: Essential Questions Every Business Must Ask Presented by: Riddell Williams P.S. Riddell Williams P.S. May 6, 2015 #4841-4703-9779 Innocent? 2 Overview 3 basic questions every business

More information

Is Your Company Ready for a Big Data Breach? Sponsored by Experian Data Breach Resolution

Is Your Company Ready for a Big Data Breach? Sponsored by Experian Data Breach Resolution Is Your Company Ready for a Big Data Breach? Sponsored by Experian Data Breach Resolution Independently conducted by Ponemon Institute LLC Publication Date: March 2013 Ponemon Institute Research Report

More information

Cyber Insurance: How to Investigate the Right Coverage for Your Company

Cyber Insurance: How to Investigate the Right Coverage for Your Company 6-11-2015 Cyber Insurance: How to Investigate the Right Coverage for Your Company Presented by: Faith M. Heikkila, Ph.D., CISM, CIPM, CIPP-US, ABCP Greenleaf Trust Chief Information Security Officer (CISO)

More information

Is Your Company Ready for a Big Data Breach? Sponsored by Experian Data Breach Resolution

Is Your Company Ready for a Big Data Breach? Sponsored by Experian Data Breach Resolution Is Your Company Ready for a Big Data Breach? Sponsored by Experian Data Breach Resolution Independently conducted by Ponemon Institute LLC Publication Date: April 2013 Ponemon Institute Research Report

More information

Are You A Sitting Duck?

Are You A Sitting Duck? The 7 Most Cricitcal I.T. Security Protections Every Business Must Have in Place Now to Protect Themselves from Cybercrime, Data Breaches, and Hacker Attacks Cybercrime is at an all-time high, and hackers

More information

Big Data, Big Risk, Big Rewards. Hussein Syed

Big Data, Big Risk, Big Rewards. Hussein Syed Big Data, Big Risk, Big Rewards Hussein Syed Discussion Topics Information Security in healthcare Cyber Security Big Data Security Security and Privacy concerns Security and Privacy Governance Big Data

More information

DATA BREACHES: WHEN COMPLIANCE IS NOT ENOUGH

DATA BREACHES: WHEN COMPLIANCE IS NOT ENOUGH DATA BREACHES: WHEN COMPLIANCE IS NOT ENOUGH Andy Watson Grant Thornton LLP. All rights reserved. CYBERSECURITY 2 SURVEY OF CHIEF AUDIT EXECUTIVES (CAEs) GRANT THORNTON'S 2014 CAE SURVEY Data privacy and

More information

DON T BE A VICTIM! IS YOUR INVESTMENT PROGRAM PROTECTED FROM CYBERSECURITY THREATS?

DON T BE A VICTIM! IS YOUR INVESTMENT PROGRAM PROTECTED FROM CYBERSECURITY THREATS? HEALTH WEALTH CAREER DON T BE A VICTIM! IS YOUR INVESTMENT PROGRAM PROTECTED FROM CYBERSECURITY THREATS? Gregg Sommer, CAIA Head of Operational Risk Assessments St. Louis MERCER 2015 0 CYBERSECURITY BREACHES

More information

How-To Guide: Cyber Security. Content Provided by

How-To Guide: Cyber Security. Content Provided by How-To Guide: Cyber Security Content Provided by Who needs cyber security? Businesses that have, use, or support computers, smartphones, email, websites, social media, or cloudbased services. Businesses

More information

SINGAPORE HEALTHCARE ENTERPRISE RISK MANAGEMENT CONGRESS 2014 - Data Breach : The Emerging Threat to Healthcare Industry

SINGAPORE HEALTHCARE ENTERPRISE RISK MANAGEMENT CONGRESS 2014 - Data Breach : The Emerging Threat to Healthcare Industry SINGAPORE HEALTHCARE ENTERPRISE RISK MANAGEMENT CONGRESS 2014 - Data Breach : The Emerging Threat to Healthcare Industry DATA BREACH A FICTIONAL CASE STUDY THE FIRST SIGNS OF TROUBLE Friday, 5.20 pm :

More information

CYBERSECURITY: Is Your Business Ready?

CYBERSECURITY: Is Your Business Ready? CYBERSECURITY: Is Your Business Ready? Cybersecurity: Is your business ready? Cyber risk is just like any other corporate risk and it must be managed from the top. An organization will spend time monitoring

More information

Cyber-Crime Protection

Cyber-Crime Protection Cyber-Crime Protection A program of cyber-crime prevention, data breach remedies and data risk liability insurance for houses of worship, camps, schools, denominational/association offices and senior living

More information

Cyber Security Breakout Session. Ed Rosenberg, Vice President & Chief Security Officer, BMO Financial Group Legal, Corporate & Compliance Group

Cyber Security Breakout Session. Ed Rosenberg, Vice President & Chief Security Officer, BMO Financial Group Legal, Corporate & Compliance Group Cyber Security Breakout Session Ed Rosenberg, Vice President & Chief Security Officer, BMO Financial Group Legal, Corporate & Compliance Group December 2014 Disclaimer: The material in this presentation

More information

Cyber Risks in the Boardroom

Cyber Risks in the Boardroom Cyber Risks in the Boardroom Managing Business, Legal and Reputational Risks Perspectives for Directors and Executive Officers Preparing Your Company to Identify, Mitigate and Respond to Risks in a Changing

More information

Cybersecurity: A Growing Concern for All Businesses. RLI Design Professionals Design Professionals Learning Event DPLE 160 October 7, 2015

Cybersecurity: A Growing Concern for All Businesses. RLI Design Professionals Design Professionals Learning Event DPLE 160 October 7, 2015 Cybersecurity: A Growing Concern for All Businesses RLI Design Professionals Design Professionals Learning Event DPLE 160 October 7, 2015 RLI Design Professionals is a Registered Provider with The American

More information

HOW TO PROTECT YOUR DATA

HOW TO PROTECT YOUR DATA HOW TO PROTECT YOUR DATA INTRODUCTION Every day in the news, we hear about data breaches. Are you concerned your sensitive business, customer and supplier data is not protected? Do you have a secret sauce

More information

Cybersecurity: Considerations for Internal Audit. IIA Atlanta Chapter Meeting January 9, 2015

Cybersecurity: Considerations for Internal Audit. IIA Atlanta Chapter Meeting January 9, 2015 Cybersecurity: Considerations for Internal Audit IIA Atlanta Chapter Meeting January 9, 2015 Agenda Key Risks Incorporating Internal Audit Resources for Internal Auditors Questions 2 Key Risks 3 4 Key

More information

Cyber Warfare. Global Economic Crime Survey. Causes of Cyber Attacks. David Childers, CEO Compli Vivek Krishnamurthy, Foley Hoag LLP. Why Cybercrime?

Cyber Warfare. Global Economic Crime Survey. Causes of Cyber Attacks. David Childers, CEO Compli Vivek Krishnamurthy, Foley Hoag LLP. Why Cybercrime? Cyber Warfare David Childers, CEO Compli Vivek Krishnamurthy, Foley Hoag LLP Global Economic Crime Survey Cyber crime is the fastest growing economic crime up more than 2300% since 2009 1 in 10 companies

More information

DON T BE A VICTIM! IS YOUR ORGANIZATION PROTECTED FROM CYBERSECURITY THREATS?

DON T BE A VICTIM! IS YOUR ORGANIZATION PROTECTED FROM CYBERSECURITY THREATS? HEALTH WEALTH CAREER DON T BE A VICTIM! IS YOUR ORGANIZATION PROTECTED FROM CYBERSECURITY THREATS? FREEMAN WOOD HEAD OF MERCER SENTINEL NORTH AMERICA GREGG SOMMER HEAD OF OPERATIONAL RISK ASSESSMENTS MERCER

More information

Cybersecurity and Hospitals. What Hospital Trustees Need to Know About Managing Cybersecurity Risk and Response

Cybersecurity and Hospitals. What Hospital Trustees Need to Know About Managing Cybersecurity Risk and Response Cybersecurity and Hospitals What Hospital Trustees Need to Know About Managing Cybersecurity Risk and Response This resources was prepared exclusively for American Hospital Association members by Mary

More information

The SMB Cyber Security Survival Guide

The SMB Cyber Security Survival Guide The SMB Cyber Security Survival Guide Stephen Cobb, CISSP Security Evangelist The challenge A data security breach can put a business out of business or create serious unbudgeted costs To survive in today

More information

Best practices and insight to protect your firm today against tomorrow s cybersecurity breach

Best practices and insight to protect your firm today against tomorrow s cybersecurity breach Best practices and insight to protect your firm today against tomorrow s cybersecurity breach July 8, 2015 Baker Tilly Virchow Krause, LLP Baker Tilly refers to Baker Tilly Virchow Krause, LLP, an independently

More information

Data breach, cyber and privacy risks. Brian Wright Lloyd Wright Consultants Ltd

Data breach, cyber and privacy risks. Brian Wright Lloyd Wright Consultants Ltd Data breach, cyber and privacy risks Brian Wright Lloyd Wright Consultants Ltd Contents Data definitions and facts Understanding how a breach occurs How insurance can help to manage potential exposures

More information

Managing Your Cyber & Data Risk 2010 NTA Convention Montreal, Quebec

Managing Your Cyber & Data Risk 2010 NTA Convention Montreal, Quebec Managing Your Cyber & Data Risk 2010 NTA Convention Montreal, Quebec Jeremy Ong Divisional Vice-President Great American Insurance Company November 13, 2010 1 Agenda Overview of data breach statistics

More information

The Future of Data Breach Risk Management Response and Recovery. The Cybersecurity Forum April 14, 2016

The Future of Data Breach Risk Management Response and Recovery. The Cybersecurity Forum April 14, 2016 The Future of Data Breach Risk Management Response and Recovery Increasing electronic product life and reliability The Cybersecurity Forum April 14, 2016 Today s Topics About Merchants Information Solutions,

More information

Cyber Insurance: How to Investigate the

Cyber Insurance: How to Investigate the 10-26-2015 Cyber Insurance: How to Investigate the Right Coverage for Your Company Presented by: Faith M. Heikkila, Ph.D., CISM, CIPM, CIPP-US, ABCP Greenleaf Trust Chief Information Security Officer (CISO)

More information

Cyber Security, Fraud and Corporate Account Takeovers LBA Bank Counsel Conference December 2014

Cyber Security, Fraud and Corporate Account Takeovers LBA Bank Counsel Conference December 2014 Cyber Security, Fraud and Corporate Account Takeovers LBA Bank Counsel Conference December 2014 Lisa D. Traina, CPA, CITP, CGMA Lisa Traina utilizes her 30+ years of experience as a CPA, CITP and CGMA

More information

Mobile Security Checklist. An Easy, Achievable Plan for Security and Compliance

Mobile Security Checklist. An Easy, Achievable Plan for Security and Compliance Mobile Security Checklist An Easy, Achievable Plan for Security and Compliance Introduction Are mobile devices the weak link in your security defenses? Today, organizations are pouring millions of dollars

More information

Data Security: Fight Insider Threats & Protect Your Sensitive Data

Data Security: Fight Insider Threats & Protect Your Sensitive Data Data Security: Fight Insider Threats & Protect Your Sensitive Data Marco Ercolani Agenda Data is challenging to secure A look at security incidents Cost of a Data Breach Data Governance and Security Understand

More information

The Evolution of Data Breaches

The Evolution of Data Breaches The Evolution of Data Breaches 2015 Data Privacy & Security Summit June 29, 2015 Mark Shelhart Incident Response & Forensics Retail Data Security recent victims The Largest Cyber Risks to your Organization

More information

Cybersecurity Vulnerability Management:

Cybersecurity Vulnerability Management: Cybersecurity Vulnerability Management: Finding Your Enterprise s Security Product Partner William L Brown Jr. Senior Engineering Manager, Regulatory and Product Security Is your security system doing

More information

Presented By: Corporate Security Information Security Treasury Management

Presented By: Corporate Security Information Security Treasury Management Presented By: Corporate Security Information Security Treasury Management Is Your Business Prepared for a Cyber Incident? It s not a matter of if, it s a matter of when Cyber Attacks are on the Rise; Physical

More information

RETHINKING ORC: NRF S CYBER SECURITY EFFORTS. OMG Cross Domain Threat & Risk Information Exchange Day, March 23, 2015

RETHINKING ORC: NRF S CYBER SECURITY EFFORTS. OMG Cross Domain Threat & Risk Information Exchange Day, March 23, 2015 RETHINKING ORC: NRF S CYBER SECURITY EFFORTS OMG Cross Domain Threat & Risk Information Exchange Day, March 23, 2015 No Organization is Secure Source: http://www.informationisbeautiful.net An Average

More information

THE NEW REALITY OF RISK CYBER RISK: TRENDS AND SOLUTIONS

THE NEW REALITY OF RISK CYBER RISK: TRENDS AND SOLUTIONS THE NEW REALITY OF RISK CYBER RISK: TRENDS AND SOLUTIONS Read the Marsh Risk Management Research Briefing: Cyber Risks Extend Beyond Data and Privacy Exposures To access the report, visit www.marsh.com.

More information

10 Smart Ideas for. Keeping Data Safe. From Hackers

10 Smart Ideas for. Keeping Data Safe. From Hackers 0100101001001010010001010010101001010101001000000100101001010101010010101010010100 0100101001001010010001010010101001010101001000000100101001010101010010101010010100000 0100101001001010010001010010101001010101001000000100101001010101010010101010010100000

More information

CYBERSECURITY INVESTIGATIONS

CYBERSECURITY INVESTIGATIONS CYBERSECURITY INVESTIGATIONS Planning & Best Practices May 4, 2016 Lanny Morrow, EnCE Managing Consultant lmorrow@bkd.com Cy Sturdivant, CISA Managing Consultant csturdivant@bkd.com Michal Ploskonka, CPA

More information

www.pwc.com The data breach lifecycle: From prevention to response IAPP global privacy summit March 6, 2014 (4:30-5:30) Draft v8 2-25-14

www.pwc.com The data breach lifecycle: From prevention to response IAPP global privacy summit March 6, 2014 (4:30-5:30) Draft v8 2-25-14 www.pwc.com The data breach lifecycle: From prevention to response IAPP global privacy summit (4:30-5:30) Draft v8 2-25-14 Common Myths 1. You have not been hacked. 2. Cyber security is about keeping the

More information

CYBER & PRIVACY INSURANCE FOR FINANCIAL INSTITUTIONS

CYBER & PRIVACY INSURANCE FOR FINANCIAL INSTITUTIONS CYBER & PRIVACY INSURANCE FOR FINANCIAL INSTITUTIONS 1 As regulators around the world move to tighten compliance requirements for financial institutions, improvement in cyber security controls will become

More information

Cybersecurity: What CFO s Need to Know

Cybersecurity: What CFO s Need to Know Cybersecurity: What CFO s Need to Know William J. Nowik, CISA, CISSP, QSA PCIP MEMBER OF PKF NORTH AMERICA, AN ASSOCIATION OF LEGALLY INDEPENDENT FIRMS 2014 Wolf & Company, P.C. Today s Agenda Introduction

More information

Risky Business. Is Your Cybersecurity in Cruise Control? ISACA Austin Chapter Meeting May 5, 2015

Risky Business. Is Your Cybersecurity in Cruise Control? ISACA Austin Chapter Meeting May 5, 2015 Risky Business Is Your Cybersecurity in Cruise Control? ISACA Austin Chapter Meeting May 5, 2015 What We ll Cover About Me Background The threat Risks to your organization What your organization can/should

More information

Security guide. small businesses and freelancers. Security guide 1

Security guide. small businesses and freelancers. Security guide 1 Security guide small businesses and freelancers Security guide 1 1. Introduction 3. The most dangerous types of threats 5. Will you let us protect you? 2. Where is the danger and how can we protect ourselves?

More information

Protecting What Matters Most. Terry Ray Chief Product Strategist Trending Technologies Session 11

Protecting What Matters Most. Terry Ray Chief Product Strategist Trending Technologies Session 11 Protecting What Matters Most Terry Ray Chief Product Strategist Trending Technologies Session 11 Cyber attacks are bad and getting Significant economic Stock price fell by 14% Impacted profits by 46% Total

More information

Assessing the strength of your security operating model

Assessing the strength of your security operating model www.pwc.com Assessing the strength of your security operating model May 2014 Assessing the strength of your security operating model Retail stores, software companies, the U.S. Federal Reserve it seems

More information

THE CYBER SECURITY PLAYBOOK WHAT EVERY BOARD OF DIRECTORS SHOULD KNOW BEFORE, DURING, AND AFTER AN ATTACK SECURITY REIMAGINED

THE CYBER SECURITY PLAYBOOK WHAT EVERY BOARD OF DIRECTORS SHOULD KNOW BEFORE, DURING, AND AFTER AN ATTACK SECURITY REIMAGINED THE CYBER SECURITY PLAYBOOK WHAT EVERY BOARD OF DIRECTORS SHOULD KNOW BEFORE, DURING, AND AFTER AN ATTACK SECURITY REIMAGINED THE CYBER SECURITY PLAYBOOK 2 03 Introduction 04 Changing Roles, Changing Threat

More information

October 24, 2014. Mitigating Legal and Business Risks of Cyber Breaches

October 24, 2014. Mitigating Legal and Business Risks of Cyber Breaches October 24, 2014 Mitigating Legal and Business Risks of Cyber Breaches AGENDA Introductions Cyber Threat Landscape Cyber Risk Mitigation Strategies 1 Introductions 2 Introductions To Be Confirmed Title

More information

Email Data Security. The dominant business communication tool

Email Data Security. The dominant business communication tool Email Data Security Jim Brashear General Counsel Zix Corporation Dallas Business Uses Email The dominant business communication tool Time spent on email exceeds time spent on all other communication tools

More information

Cyber Liability Insurance: It May Surprise You

Cyber Liability Insurance: It May Surprise You Cyber Liability Insurance: It May Surprise You Moderator Eugene Montgomery, President & CEO Community Financial Insurance Center Panelists Antonio Trotta, Senior Claim Counsel, CNA Specialty William Heinbokel,

More information

I ve been breached! Now what?

I ve been breached! Now what? I ve been breached! Now what? THE AFTERMATH OF A BREACH & STEPS TO REDUCE RISK The number of data breaches in the United States in 2014 hit a record high. And 2015 is not looking any better. There have

More information

Cybersecurity in Nepal

Cybersecurity in Nepal Cybersecurity in Nepal Presenter: Ambika Shrestha Chitrakar PhD candidate at Gjøvik University College Representing Nepal Linkedin: https://no.linkedin.com/in/ambikash IFIP TC3 ISES (Information Security

More information

SMB Data Breach Risk Management Best Practices. By Mark Pribish February 19, 2015

SMB Data Breach Risk Management Best Practices. By Mark Pribish February 19, 2015 SMB Data Breach Risk Management Best Practices By Mark Pribish February 19, 2015 Presentation Agenda About Mark Pribish Information Governance The Threat Landscape Data Breach Trends Legislative and Regulatory

More information

Changing Legal Landscape in Cybersecurity: Implications for Business

Changing Legal Landscape in Cybersecurity: Implications for Business Changing Legal Landscape in Cybersecurity: Implications for Business Presented to Greater Wilmington Cyber Security Group Presented by William R. Denny, Potter Anderson & Corroon LLP May 8, 2014 Topics

More information

Data Breach Response Planning: Laying the Right Foundation

Data Breach Response Planning: Laying the Right Foundation Data Breach Response Planning: Laying the Right Foundation September 16, 2015 Presented by Paige M. Boshell and Amy S. Leopard babc.com ALABAMA I DISTRICT OF COLUMBIA I FLORIDA I MISSISSIPPI I NORTH CAROLINA

More information

SMALL BUSINESS PRESENTATION

SMALL BUSINESS PRESENTATION STOP.THINK.CONNECT NATIONAL CYBERSECURITY AWARENESS CAMPAIGN SMALL BUSINESS PRESENTATION ABOUT STOP.THINK.CONNECT. In 2009, President Obama issued the Cyberspace Policy Review, which tasked the Department

More information

www.pwc.com Developing a robust cyber security governance framework 16 April 2015

www.pwc.com Developing a robust cyber security governance framework 16 April 2015 www.pwc.com Developing a robust cyber security governance framework 16 April 2015 Cyber attacks are ubiquitous Anonymous hacker group declares cyber war on Hong Kong government, police - SCMP, 2 October

More information

$194 per record lost* 3/15/2013. Global Economic Crime Survey. Data Breach Costs. David Childers, CEO Compli Vivek Krishnamurthy, Foley Hoag LLP

$194 per record lost* 3/15/2013. Global Economic Crime Survey. Data Breach Costs. David Childers, CEO Compli Vivek Krishnamurthy, Foley Hoag LLP David Childers, CEO Compli Vivek Krishnamurthy, Foley Hoag LLP Global Economic Crime Survey Global Cyber Crime is the fastest growing economic crime Cyber Crime is more lucrative than trafficking drugs!

More information

Cyber Security An Exercise in Predicting the Future

Cyber Security An Exercise in Predicting the Future Cyber Security An Exercise in Predicting the Future Paul Douglas, August 25, 2014 AUDIT & ACCOUNTING + CONSULTING + TAX SERVICES + TECHNOLOGY I www.pncpa.com I www.pntech.net What is Cyber Security? Measures

More information

Medical Information Breaches: Are Your Records Safe?

Medical Information Breaches: Are Your Records Safe? Medical Information Breaches: Are Your Records Safe? Learning Objectives At the conclusion of this presentation the learner will be able to: Recognize the growing risk of data breaches Assess the potential

More information

Data Security 101. Christopher M. Brubaker. A Lawyer s Guide to Ethical Issues in the Digital Age. cbrubaker@clarkhill.com

Data Security 101. Christopher M. Brubaker. A Lawyer s Guide to Ethical Issues in the Digital Age. cbrubaker@clarkhill.com Data Security 101 A Lawyer s Guide to Ethical Issues in the Digital Age Christopher M. Brubaker cbrubaker@clarkhill.com November 4-5, 2015 Pennsylvania Bar Institute 21 st Annual Business Lawyers Institute

More information

MAY 7, 2015 AND THEN THE ACCOUNTANTS SHOWED UP HOW THE INSURANCE INDUSTRY WILL DRIVE CYBER SECURITY. CHIP BLOCK EVOLVER, INC Reston, VA

MAY 7, 2015 AND THEN THE ACCOUNTANTS SHOWED UP HOW THE INSURANCE INDUSTRY WILL DRIVE CYBER SECURITY. CHIP BLOCK EVOLVER, INC Reston, VA MAY 7, 2015 AND THEN THE ACCOUNTANTS SHOWED UP HOW THE INSURANCE INDUSTRY WILL DRIVE CYBER SECURITY CHIP BLOCK EVOLVER, INC Reston, VA For those of us that have been involved in the information technology

More information

Structuring the Chief Information Security Officer Organization

Structuring the Chief Information Security Officer Organization Structuring the Chief Information Security Officer Organization December 1, 2015 Julia Allen Nader Mehravari Cyber Risk and Resilience Management Team CERT Division Software Engineering Institute Carnegie

More information

Brief. The BakerHostetler Data Security Incident Response Report 2015

Brief. The BakerHostetler Data Security Incident Response Report 2015 Brief The BakerHostetler Data Security Incident Response Report 2015 The rate of disclosures of security incidents in 2015 continues at a pace that caused many to call 2013 and then 2014 the year of the

More information

Plan of Attack 5 Step Plan

Plan of Attack 5 Step Plan Plan of Attack 5 Step Plan Naming those Digital Assets Practicing Digital Doomsday Training + Policies and Procedures Technology Tuning Security in the Supply Chain Next Steps Sample Plan 0 to 30 Days

More information

Reducing Risk. Raising Expectations. CyberRisk and Professional Liability

Reducing Risk. Raising Expectations. CyberRisk and Professional Liability Reducing Risk. Raising Expectations. CyberRisk and Professional Liability Are you exposed to CyberRisk? Like nearly every other business, you have likely capitalized on the advancements in technology today

More information

Prime Therapeutics Security Awareness Essentials*

Prime Therapeutics Security Awareness Essentials* Prime Therapeutics Security Awareness Essentials* Click Next to begin. Why Information Security? Click Next to continue. Prime Security Awareness Essentials Module 1: Protecting Our Clients, Protecting

More information

Advice from the Trenches: Preparing for the Challenges and Pressures of a Security Incident Investigation

Advice from the Trenches: Preparing for the Challenges and Pressures of a Security Incident Investigation Advice from the Trenches: Preparing for the Challenges and Pressures of a Security Incident Investigation Marshall Heilman Managing Director Craig A. Hoffman Partner Who we are Marshall Heilman Craig Hoffman

More information

Logging the Pillar of Compliance

Logging the Pillar of Compliance WHITEPAPER Logging the Pillar of Compliance Copyright 2000-2011 BalaBit IT Security All rights reserved. www.balabit.com 1 Table of Content Introduction 3 Open-eyed management 4 ISO 27001 5 PCI DSS 5 Sarbanes

More information

Data Breach Cost. Risks, costs and mitigation strategies for data breaches

Data Breach Cost. Risks, costs and mitigation strategies for data breaches Data Breach Cost Risks, costs and mitigation strategies for data breaches Tim Stapleton, CIPP/US Deputy Global Head of Professional Liability Zurich General Insurance Data Breaches: Greater frequency,

More information

Mitigating and managing cyber risk: ten issues to consider

Mitigating and managing cyber risk: ten issues to consider Mitigating and managing cyber risk: ten issues to consider The board of directors is responsible for managing and mitigating risk exposure. A recent study conducted by the Ponemon Institute 1 revealed

More information

Law Firm Cyber Security & Compliance Risks

Law Firm Cyber Security & Compliance Risks ALA WEBINAR Law Firm Cyber Security & Compliance Risks James Harrison CEO, INVISUS Breach Risks & Trends 27.5% increase in breaches in 2014 (ITRC) Over 500 million personal records lost or stolen in 2014

More information

Collateral Effects of Cyberwar

Collateral Effects of Cyberwar Your texte here. Collateral Effects of Cyberwar by Ilia Kolochenko for Geneva Information Security Day 9 th of October 2015 Quick Facts and Numbers About Cybersecurity In 2014 the annual cost of global

More information

Ten Questions Your Board Should be asking about Cyber Security. Eric M. Wright, Shareholder

Ten Questions Your Board Should be asking about Cyber Security. Eric M. Wright, Shareholder Ten Questions Your Board Should be asking about Cyber Security Eric M. Wright, Shareholder Eric Wright, CPA, CITP Started my career with Schneider Downs in 1983. Responsible for all IT audit and system

More information

Cyber Risk, Legal And Regulatory Issues, And Insurance Mitigation ISACA Pittsburgh Information Security Awareness Day

Cyber Risk, Legal And Regulatory Issues, And Insurance Mitigation ISACA Pittsburgh Information Security Awareness Day Lloyd s of London (Reuters) May 8, 2000 Cyber Risk, Legal And Regulatory Issues, And Insurance Mitigation ISACA Pittsburgh Information Security Awareness Day Rivers Casino, Pittsburgh November 17, 2014

More information

State of Security Survey GLOBAL FINDINGS

State of Security Survey GLOBAL FINDINGS 2011 State of Security Survey GLOBAL FINDINGS CONTENTS Introduction... 4 Methodology... 6 Finding 1: Cybersecurity is important to business... 8 Finding 2: The drivers of security are changing... 10 Finding

More information