Exercising Your Enterprise Cyber Response Crisis Management Capabilities
|
|
- Madison Edwards
- 2 years ago
- Views:
Transcription
1 Exercising Your Enterprise Cyber Response Crisis Management Capabilities Ray Abide, PricewaterhouseCoopers, LLP 2015 PricewaterhouseCoopers LLP, a Delaware limited liability partnership. All rights reserved. This content is for general information purposes only, and should not be used as a substitute for consultation with professional advisors.
2 Agenda CEO view of cyber risks and recent statistics Cyber risk disclosures Cyber incident timeline Cyber incident enterprise impact Business continuity management definitions and benefits Legacy cyber incident exercises and the impacted enterprise Cyber incident interruption scenarios to consider & exercise timeline Some questions for management
3 CEO s view of cyber risks 69% of CEO s are concerned about IP/customer data protection, intellectual property protection, and cybersecurity. In some industry sectors, cyber risk threatens growth. 71% of US CEOs in banking and capital markets cite cybersecurity concerns. Companies are beginning to change how they think about cybersecurity viewing it as a business issue, not an IT one. Isn t it time that the crisis management program in its entirety be practiced to respond to these threats?
4 Recent statistics Financial Calculation Cyber Monday Protection Response and Remediation Mobile Cybercrime is a tax on innovation, cost and jobs. It costs $445 billion each year in loss and clean-up 2014 Cyber Monday saw fewer attacks, but near record amounts of data stolen* Cybercrime and IT failure ranks in Top 5 business risks for 1 st time. There was an increase from 8 th place in 2014 and 15 th place in 2013** 78% of CIO/CISO s have not provided a security strategy to their Board of Directors Malware infection rates are now split 50/50 between Windows laptops and Android devices*** * IBM **Kroll Ontrack ***Alcatel-Lucent
5 Cyber risk public disclosures It is common place to see cyber-breach / cyber-attack disclosures in companies 10-K SEC filings. Any failure to maintain the security of the information relating to our customers, associates and vendors that we hold, whether as a result of cybersecurity attacks or otherwise, could damage our reputation with customers, associates, vendors and others, could cause us to incur substantial additional costs and to become subject to litigation, and could materially adversely affect our operating results. Retail & Consumer Company If our security measures are breached, or if our services are subject to attacks that degrade or deny the ability of users to access our products and services, our products and services may be perceived as not being secure, users and customers may curtail or stop using our products and services, and we may incur significant legal and financial exposure. - Technology Company Increased cybersecurity requirements, vulnerabilities, threats and more sophisticated and targeted computer crime could pose a risk to our systems, networks, products, solutions, services and data. Industrial Conglomerate A cyber attack, information or security breach, or a technology failure of ours or of a third party could adversely affect our ability to conduct our business, manage our exposure to risk or expand our businesses, result in the disclosure or misuse of confidential or proprietary information, increase our costs to maintain and update our operational and security systems and infrastructure, and adversely impact our results of operations, cash flows, liquidity and financial condition, as well as cause reputational harm. Financial Services Company
6 Pre-Crisis Preparation Crisis Event Incident timeline Effective incident response depends on a well-designed & coordinated Business Continuity Management Program. Minutes Hours Days Weeks Incident/Emergency Response Crisis Management IIA - GTAG 10 (2010) IT Disaster Recovery Business Continuity
7 Cyber incidents have enterprise-wide impacts Financial, Operational, Reputation Impacts Increased Costs Interrupted and abandoned transactions Financial analyst and investor concerns result in value loss Supply/service chain interruption Loss of technology services Overwhelmed contact centers Unwelcomed media coverage Strained business relationships Technology remediation Restoring brand Legal & regulatory Product redesign Advisors Compliance Insurance Training
8 Reducing the cyber incident s impact Negative Impacts Safety Reputational Financial Legal Regulatory Operational Morale Ineffective, Uncoordinated BCM Effective, Coordinated BCM: Incident Response, Crisis Management, Business Continuity, IT Disaster Recovery Event Impact Duration
9 Business continuity management defined Business Continuity Management Process of identifying, preventing, preparing for, and responding to, events that may disrupt business activities. Crisis Management Supports command and control during an operational disruption and includes incident identification, evaluation, escalation, declaration, plan activation and deactivation with significant focus on crisis communication. Incident / Emergency Response Facilitates and organizes actions during emergencies. These involve procedures to protect personnel & assets. IT Disaster Recovery Addresses the restoration of business system software, hardware, IT infrastructure services and data during an incident. Business Continuity Addresses the recovery and continuity of critical business functions required to maintain an acceptable level of operation during an incident.
10 BCM can improve enterprise incident response BCM program governance BC/DR exercises Program assessment Exercise & Maintain Risk Assessment What risks could interrupt our operations? How are these risks currently addressed? Business Continuity Plans for critical processes Crisis Management Plans IT DR plan improvements Develop Plans Recovery Strategy Selection Business Impact Analysis How are critical processes impacted by service interruptions? What resources do these critical processes rely upon to function effectively (technology, personnel, facilities, third parties)? Which recovery strategies should be used? Which strategies have worked previously?
11 Legacy cyber incident exercises Traditionally, cyber incident response exercises were often IT focused events. Determine the what, how, where, and extent of breach. Stop additional data loss or impact. Take infected machines offline, but leave power on. Initiate clean machines to take control Ensure you won't infect the new machines Summarize exercise results Request additional cyber defense funding
12 Impacted enterprise A cyber incident s impact often resonates throughout the organization IT Customer Care Internal External Communications Finance & Investor Relations Legal HR Supply / Service Chain Vendor Management Operations / Point of Service & Delivery
13 Cyber incident scenarios to consider The following cyber incident exercise scenarios can easily be designed to exercise the enterprises crisis management plan: Denial of Service attack Customers and business partners unable to interact with the organization, fear of exposed data Data Breach Customer, patient, employee and IP data exposed and/or corrupted Unplanned Outage of IT or Telecommunications Denial of service turned inward, interrupting technology services, full-stop of critical operations Loss of Key Supplier due to a cyber incident Supply and service chain interruption, confidential IP exposed, other business partners concerned about their cyber exposure related to your vendor.
14 Example cyber table top exercise timeline Act 1 It begins: unusual network activity detected that quickly overwhelms network and incapacitates applications. [IT Incident Response] Act 2 Widespread impact: Media reports breached data examples, customers unable to transact business, efforts to restore systems stability marginally effective, employees unable to access several key systems, stock price decrease. [IT Incident Response, Crisis Management, IT Disaster Recovery] Act 3 Picking up the pieces: Some systems restored and others remain unstable, media focus continues, revenue / order volume at lower levels, first lawsuit filed. [IT Disaster Recovery, Crisis Management, Business Continuity]
15 Example cyber table top exercise timeline Act 1 It begins: unusual network activity detected that quickly overwhelms network and incapacitates applications. [IT Incident Response] Act 2 Widespread impact: Media reports breached data examples, customers unable to transact business, efforts to restore systems stability marginally effective, employees unable to access several key systems, stock price decrease. [IT Incident Response, Crisis Management, IT Disaster Recovery] Act 3 Picking up the pieces: Some systems restored and others remain unstable, media focus continues, revenue / order volume at lower levels, first lawsuit filed. [IT Disaster Recovery, Crisis Management, Business Continuity]
16 Questions for management 1. Have you discussed cyber security risks with your audit committee? 2. Does your company have a comprehensive internal audit plan for your company s cyber security program? 3. How well was your business continuity plan designed to respond to cyber incidents? 4. If cyber threats present a significant risk to the organization, has a crisis management table top exercise been conducted using a cyber incident scenario? 5. If a cyber incident response has been exercised, was the business impact analysis used to identify exercise participants based on interrupt impact? 6. Has the organization determined how it will respond to one of their key vendors being impacted by a cyber incident resulting in their product / service interruption? 7. Does your company have a cyber security program and has your company assessed it using the federally issued preliminary cyber security framework? 8. What company assets are most vulnerable to cyber attacks? 9. Does your company have an cyber incident response plan? And is that plan updated and tested periodically?
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
Cyber Insurance Presentation
Cyber Insurance Presentation Presentation Outline Introduction General overview of Insurance About us Cyber loss statistics Cyber Insurance product coverage Loss examples Q & A About Us A- Rated reinsurance
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.
IAPP Global Privacy Summit 2014 The SEC and Cybersecurity: What Every Publicly Traded Company Must Know
IAPP Global Privacy Summit 2014 The SEC and Cybersecurity: What Every Publicly Traded Company Must Know Moderator: Elaine Wolff, Partner Corporate Finance and Securities Practice, Jenner & Block Mary Ellen
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
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
Cyber Risk: Global Warning? by Cinzia Altomare, Gen Re
Cyber Risk: Global Warning? by Cinzia Altomare, Gen Re Global Warning It is a matter of time before there is a major cyber attackon the global financial system and the public needs to invest heavily in
Cybersecurity y Managing g the Risks
Cybersecurity y Managing g the Risks Presented by: Steven L. Caponi Jennifer Daniels Gregory F. Linsin 99 Cybersecurity The Risks Are Real Perpetrators are as varied as their goals Organized Crime: seeking
2014 NETWORK SECURITY & CYBER RISK MANAGEMENT: A SURVEY OF ENTERPRISE-WIDE CYBER RISK MANAGEMENT PRACTICES IN THE ASIA-PACIFIC REGION
2014 NETWORK SECURITY & CYBER RISK MANAGEMENT: A SURVEY OF ENTERPRISE-WIDE CYBER RISK MANAGEMENT PRACTICES IN THE ASIA-PACIFIC REGION April 2014 Sponsored by: 2014 Network Security & Cyber Risk Management:
MANAGING Cybersecurity Risk AND DISCLOSURE OBLIGATIONS
MANAGING Cybersecurity Risk AND DISCLOSURE OBLIGATIONS RRD Donnelley SEC Hot Topics Institute May 21, 2014 1 MANAGING CYBERSECURITY RISK AND DISCLOSURE OBLIGATIONS Patrick J. Schultheis Partner Wilson
2014 NETWORK SECURITY & CYBER RISK MANAGEMENT: THE THIRD ANNUAL SURVEY OF ENTERPRISE-WIDE CYBER RISK MANAGEMENT PRACTICES IN EUROPE
2014 NETWORK SECURITY & CYBER RISK MANAGEMENT: THE THIRD ANNUAL SURVEY OF ENTERPRISE-WIDE CYBER RISK MANAGEMENT PRACTICES IN EUROPE February 2014 Sponsored by: 2014 Network Security & Cyber Risk Management:
INFORMATION SECURITY CYBER LIABILITY RISK MANAGEMENT. October 2013. Sponsored by:
2013 INFORMATION SECURITY CYBER LIABILITY RISK MANAGEMENT & October 2013 & INFORMATION SECURITY CYBER LIABILITY RISK MANAGEMENT: The Third Annual Survey on the Current State of and Trends in Information
Cyber-Security Risk- IP Theft and Data Breaches Protecting your Crown Jewels Internally and with Your Key Third Parties
Cyber-Security Risk- IP Theft and Data Breaches Protecting your Crown Jewels Internally and with Your Key Third Parties Pamela Passman President and CEO Center for Responsible Enterprise And Trade (CREATe.org)
eet Business continuity and disaster recovery Enhancing enterprise resiliency for the power and utilities industry Power and Utilities Fact Sheet
Power and Utilities Fact Sh Business continuity and disaster recovery Enhancing enterprise resiliency for the power and utilities industry A holistic approach to business resiliency and disaster recovery
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
Managing cyber risks with insurance
www.pwc.com.tr/cybersecurity Managing cyber risks with insurance Key factors to consider when evaluating how cyber insurance can enhance your security program June 2014 Managing cyber risks to sensitive
Cyber Risks and Insurance Solutions Malaysia, November 2013
Cyber Risks and Insurance Solutions Malaysia, November 2013 Dynamic but vulnerable IT environment 2 Cyber risks are many and varied Malicious attacks Cyber theft/cyber fraud Cyber terrorism Cyber warfare
ISO? ISO? ISO? LTD ISO?
Property NetProtect 360 SM and NetProtect Essential SM Which one is right for your client? Do your clients Use e-mail? Rely on networks, computers and electronic data to conduct business? Browse the Internet
Network & Information Security Policy
Policy Version: 2.1 Approved: 02/20/2015 Effective: 03/02/2015 Table of Contents I. Purpose................... 1 II. Scope.................... 1 III. Roles and Responsibilities............. 1 IV. Risk
WILLIS SPECIAL REPORT: 10K DISCLOSURES HOW RETAIL COMPANIES DESCRIBE THEIR CYBER LIABILITY EXPOSURES
WILLIS SPECIAL REPORT: 10K DISCLOSURES HOW RETAIL COMPANIES DESCRIBE THEIR CYBER LIABILITY EXPOSURES This special report examines the cyber risk disclosures made by the retail sector of the Fortune 1000.
www.pwc.com Third Party Risk Management 12 April 2012
www.pwc.com Third Party Risk Management 12 April 2012 Agenda 1. Introductions 2. Drivers of Increased Focus on Third Parties 3. Governance 4. Third Party Risks and Scope 5. Third Party Risk Profiling 6.
HEALTH CARE AND CYBER SECURITY:
HEALTH CARE AND CYBER SECURITY: Increasing Threats Require Increased Capabilities kpmg.com 1 HEALTH CARE AND CYBER SECURITY EXECUTIVE SUMMARY Four-fifths of executives at healthcare providers and payers
Joint Universities Computer Centre Limited ( JUCC ) Information Security Awareness Training- Session Four
Joint Universities Computer Centre Limited ( JUCC ) Information Security Awareness Training- Session Four Data Handling in University Business Impact Analysis ( BIA ) Agenda Overview Terminologies Performing
Privacy Liability & Data Breach Management Nikos Georgopoulos Cyber Risks Advisor cyrm October 2014
Privacy Liability & Data Breach Management Nikos Georgopoulos Cyber Risks Advisor cyrm October 2014 Nikos Georgopoulos Privacy Liability & Data Breach Management wwww.privacyrisksadvisors.com October 2014
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
Understanding Professional Liability Insurance
Understanding Professional Liability Insurance Definition Professional liability is more commonly known as errors & omissions (E&O) and is a form of liability insurance that helps protect professional
COMPETITION TRIGGERS BATTLE FOR TALENT AND ACQUISITIONS
2015 www.bdo.com For more information on BDO USA s service offerings to this industry vertical, please contact one of the regional service leaders below: TIM CLACKETT Los Angeles 310-557-8201 / tclackett@bdo.com
Managing Cyber Threats Risk Management & Insurance Solutions. Presented by: Douglas R. Jones, CPCU, ARM Senior Vice President & Principal
Managing Cyber Threats Risk Management & Insurance Solutions Presented by: Douglas R. Jones, CPCU, ARM Senior Vice President & Principal Overview Recent Trends and Loss Exposures Risk Management Strategies
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
LexisNexis Emerging Issues Analysis
2012 Emerging Issues 6204 Research Solutions February 2012 Click here for more Emerging Issues Analyses related to this Area of Law. On October 13, 2011, the Division of Corporate Finance of the Securities
SECURITY, CYBER AND NETWORK INSURANCE SECURING YOUR FUTURE
SECURITY, CYBER AND NETWORK INSURANCE SECURING YOUR FUTURE Businesses today rely heavily on computer networks. Using computers, and logging on to public and private networks has become second nature to
www.pwc.com Business Resiliency Business Continuity Management - January 14, 2014
www.pwc.com Business Resiliency Business Continuity Management - January 14, 2014 Agenda Key Definitions Risks Business Continuity Management Program BCM Capability Assessment Process BCM Value Proposition
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
Cybercrime: risks, penalties and prevention
Cybercrime: risks, penalties and prevention Cyber attacks have been appearing in the news with increased frequency and recent victims of cybercrime have included well-known companies such as Sony, LinkedIn,
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 :
PAPER-6 PART-1 OF 5 CA A.RAFEQ, FCA
1 Chapter-4: Business Continuity Planning and Disaster Recovery Planning PAPER-6 PART-1 OF 5 CA A.RAFEQ, FCA Learning Objectives 2 To understand the concept of Business Continuity Management To understand
CGI Cyber Risk Advisory and Management Services for Insurers
CGI Cyber Risk Advisory and Management Services for Insurers Minimizing Cyber Risks cgi.com 3 As organizations seek to create value in today s highly interconnected world, they inherently increase their
Risk Considerations for Internal Audit
Risk Considerations for Internal Audit Cecile Galvez, Deloitte & Touche LLP Enterprise Risk Services Director Traci Mizoguchi, Deloitte & Touche LLP Enterprise Risk Services Senior Manager February 2013
ACE European Risk Briefing 2012
#5 ACE European Risk Briefing 2012 IT and cyber risk respondent profiles The research was carried out between 13 April and 3 May 2012. The sample comprised 606 European risk managers, CROs, CFOs, COOs
Vendor Management. Outsourcing Technology Services
Vendor Management Outsourcing Technology Services Objectives Board and Senior Management Responsibilities Risk Management Program Risk Assessment Service Provider Selection Contracts Ongoing Monitoring
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
Managing business risk
Managing business risk What senior managers need to know about business continuity bell.ca/businesscontinuity Information and Communications Technology (ICT) has become more vital than ever to the success
www.pwc.co.uk Cyber security Building confidence in your digital future
www.pwc.co.uk Cyber security Building confidence in your digital future November 2013 Contents 1 Confidence in your digital future 2 Our point of view 3 Building confidence 4 Our services Confidence in
IDENTIFYING AND RESPONDING TO DATA BREACHES
IDENTIFYING AND RESPONDING TO DATA BREACHES Michael P. Hindelang Honigman Miller Schwartz and Cohn LLP October 14, 2015 Merit Security Summit DATA SECURITY RISKS, THREATS & REAL WORLD EXAMPLES OVERVIEW
WHITE PAPER KEEPING CLIENT AND EMPLOYEE DATA SECURE DRIVES REVENUE AND BUILDS TRUST PROTECTING THE PROTECTOR
KEEPING CLIENT AND EMPLOYEE DATA SECURE DRIVES REVENUE AND BUILDS TRUST Protecting Identities. Enhancing Reputations. IDT911 1 DATA BREACHES AND SUBSEQUENT IDENTITY THEFT AND FRAUD THREATEN YOUR ORGANIZATION
Cybersecurity and internal audit. August 15, 2014
Cybersecurity and internal audit August 15, 2014 arket insights: what we are seeing so far? 60% of organizations see increased risk from using social networking, cloud computing and personal mobile devices
SHARED ASSESSMENTS PROGRAM STANDARD INFORMATION GATHERING (SIG) QUESTIONNAIRE 2014 MAPPING TO OCC GUIDANCE (2013-29) ON THIRD PARTY RELATIONSHIPS
SHARED ASSESSMENTS PROGRAM STANDARD INFORMATION GATHERING (SIG) QUESTIONNAIRE 2014 MAPPING TO OCC GUIDANCE (2013-29) ON THIRD PARTY RELATIONSHIPS An overview of how the Shared Assessments Program SIG 2014
SEC update: Cybersecurity initiatives. SEC update: Cybersecurity initiatives. Intelligize // 02
Intelligize // 02 As is tradition, at the beginning of the year, the U.S. Securities and Exchange Commission outlined both its current state of affairs and annual goals for maintaining proper compliance
Protecting Your Assets: How To Safeguard Your Fund Against Cyber Security Attacks
Protecting Your Assets: How To Safeguard Your Fund Against Cyber Security Attacks Hacks, breaches, stolen data, trade secrets hijacked, privacy violated, ransom demands made; how can you protect your data
Cybersecurity. Shamoil T. Shipchandler Partner, Bracewell & Giuliani LLP 214.758.1048
Cybersecurity Shamoil T. Shipchandler Partner, Bracewell & Giuliani LLP 214.758.1048 Setting expectations Are you susceptible to a data breach? October 7, 2014 Setting expectations Victim Perpetrator
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
The promise and pitfalls of cyber insurance January 2016
www.pwc.com/us/insurance The promise and pitfalls of cyber insurance January 2016 2 top issues The promise and pitfalls of cyber insurance Cyber insurance is a potentially huge but still largely untapped
www.pwc.com Cybersecurity and Privacy Hot Topics 2015
www.pwc.com Cybersecurity and Privacy Hot Topics 2015 Table of Contents Cybersecurity and Privacy Incidents are on the rise Executives and Boards are focused on Emerging Risks Banking & Capital Markets
Demystifying Cyber Insurance. Jamie Monck-Mason & Andrew Hill. Introduction. What is cyber? Nomenclature
Demystifying Cyber Insurance Jamie Monck-Mason & Andrew Hill Introduction What is cyber? Nomenclature 1 What specific risks does cyber insurance cover? First party risks - losses arising from a data breach
Beyond Data Breach: Cyber Trends and Exposures
Beyond Data Breach: Cyber Trends and Exposures Vietnam 7 th May 2015 Jason Kelly Head of Asia Financial Lines AIG Agenda Why do companies need cyber protection Example of Cyber attack worldwide and in
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
Business Continuity and Disaster Planning
WHITE PAPER Business Continuity and Disaster Planning A guide to preparing for the unexpected Robert Drewniak Director, Strategic & Advisory Services Disasters are not always the result of high winds and
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
Into the cybersecurity breach
Into the cybersecurity breach Tim Sanouvong State Sector Cyber Risk Services Deloitte & Touche LLP April 3, 2015 Agenda Setting the stage Cyber risks in state governments Cyber attack vectors Preparing
Defending yesterday. Financial Services. Key findings from The Global State of Information Security Survey 2014
www.pwc.com/security Defending yesterday While organizations have made significant security improvements, they have not kept pace with today s determined adversaries. As a result, many rely on yesterday
Security & Privacy Current cover and Risk Management Services
Security & Privacy Current cover and Risk Management Services Introduction Technological advancement has enabled greater working flexibility and increased methods of communications. However, new technology
CYBER SECURITY AND RISK MANAGEMENT. An Executive level responsibility
CYBER SECURITY AND RISK MANAGEMENT An Executive level responsibility Cyberspace poses risks as well as opportunities Cyber security risks are a constantly evolving threat to an organisation s ability to
Virginia Commonwealth University School of Medicine Information Security Standard
Virginia Commonwealth University School of Medicine Information Security Standard Title: Scope: Business Continuity Management Standard for IT Systems This standard is applicable to all VCU School of Medicine
SOCIAL MEDIA MOBILE DEVICES CLOUD SERVICES INTERNET OF THINGS (IOT)
INFORMATION SECURITY AND CYBER LIABILITY RISK MANAGEMENT THE FIFTH ANNUAL SURVEY ON THE CURRENT STATE OF AND TRENDS IN INFORMATION SECURITY AND CYBER LIABILITY RISK MANAGEMENT Sponsored by October 2015
June 2014. What investors need to know about cybersecurity: How to evaluate investment risks
June 2014 What investors need to know about cybersecurity: How to evaluate investment risks PwC s Investor Resource Institute Through the Investor Resource Institute, PwC strives to provide insights to,
Cybersecurity Readiness & Incident Response. January 8, 2016
Cybersecurity Readiness & Incident Response January 8, 2016 Agenda Topic Minutes Introduction 3 Incident Statistics 7 Security Controls & Investigation Process 15 Mitigating Costs & Risks 15 Cyber Liability
Malware isn t The only Threat on Your Endpoints
Malware isn t The only Threat on Your Endpoints Key Themes The cyber-threat landscape has Overview Cybersecurity has gained a much higher profile over the changed, and so have the past few years, thanks
Rethinking contingency planning for an integrated world
Business Continuity* January 2010 Rethinking contingency planning for an integrated world Highlights: Increased supply chain complexities require broadened scope of contingency planning. Increasing outsourcing
External Supplier Control Requirements BCM
External Supplier Control Requirements BCM BCM Requirement Description BCM Tiers Recovery Time Objective Why this is important 1. Business Continuity Policy Supplier will have a documented Business Continuity
PRIORITIZING CYBERSECURITY
April 2016 PRIORITIZING CYBERSECURITY Five Investor Questions for Portfolio Company Boards Foreword As the frequency and severity of cyber attacks against global businesses continue to escalate, both companies
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
The Changing IT Risk Landscape Understanding and managing existing and emerging risks
The Changing IT Risk Landscape Understanding and managing existing and emerging risks IIA @ Noon Kareem Sadek Senior Manager, Deloitte Canada Chris Close Senior Manager, Deloitte Canada December 2, 2015
Committee on Payments and Market Infrastructures. Board of the International Organization of Securities Commissions
Committee on Payments and Market Infrastructures Board of the International Organization of Securities Commissions Principles for financial market infrastructures: Assessment methodology for the oversight
Cyber threat reality check GLOBAL TECHNOLOGY S RISK ADVISOR SERIES TURN RISK INTO ADVANTAGE THE THREAT IS GROWING IGNORING IT CAN BE COSTLY
GLOBAL TECHNOLOGY S RISK ADVISOR SERIES TURN RISK INTO ADVANTAGE WHY COMPLACENCY IS UNWARRANTED > WHERE CYBER THREATS COME FROM > THREE STEPS TO MANAGING CYBER THREATS > Cyber threat reality check THE
Network Security & Privacy Landscape
Network Security & Privacy Landscape Presented By: Greg Garijanian Senior Underwriter Professional Liability 1 Agenda Network Security Overview -Latest Threats - Exposure Trends - Regulations Case Studies
CYBER LIABILITY. Bring on tomorrow. Network Security and Privacy. May 15, 2014
CYBER LIABILITY Network Security and Privacy Bring on tomorrow May 15, 2014 1 AGENDA I. Identify Exposures II. Identify how a breach can occur III. The Coverage (Third Party Liability + First Party Losses)
Updates within Network Security and Privacy Risk Management
Updates within Network Security and Privacy Risk Management RIMS Minneapolis Meeting Melissa Krasnow, Partner, Dorsey & Whitney LLP (Minneapolis, MN) Mario Paez, Midwest Practice Leader for Tech., Privacy,
Cyber Exposure for Credit Unions
Cyber Exposure for Credit Unions What it is and how to protect yourself L O C K T O N 2 0 1 2 www.lockton.com Add Cyber Title Exposure Here Overview #1 financial risk for Credit Unions Average cost of
Jim Bray, Cyber Security Adviser InfoSight, Inc.
Best Practices for protecting patient data Training and education is your best defense! Presented by Jim Bray, Cyber Security Adviser InfoSight, Inc. 2014 InfoSight Cyber Security starts with education
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
Delaware Cyber Security Workshop September 29, 2015. William R. Denny, Esquire Potter Anderson & Corroon LLP
Changing Legal Landscape in Cybersecurity: Implications for Business Delaware Cyber Security Workshop September 29, 2015 William R. Denny, Esquire Potter Anderson & Corroon LLP Agenda Growing Cyber Threats
CYBER & PRIVACY LIABILITY INSURANCE GUIDE
CYBER & PRIVACY LIABILITY INSURANCE GUIDE 01110000 01110010 011010010111011001100001 01100 01110000 01110010 011010010111011001100001 0110 Author Gamelah Palagonia, Founder CIPM, CIPT, CIPP/US, CIPP/G,
Risk management + Strategic planning IT TAKES AN ENTIRE ORGANIZATION
1 Risk management + Strategic planning IT TAKES AN ENTIRE ORGANIZATION Background 2 Technology has become the central component of business operations Businesses have become more vulnerable to risks associated
OECD PROJECT ON CYBER RISK INSURANCE
OECD PROJECT ON CYBER RISK INSURANCE Introduction 1. Cyber risks pose a real threat to society and the economy, the recognition of which has been given increasingly wide media coverage in recent years.
Cyber Security: Are You Prepared?
Cyber Security: Are You Prepared? This briefing provides a high-level overview of the cyber security issues that businesses should be aware of. You should talk to a lawyer and an IT specialist for a complete
CYBER SECURITY Cyber Security for Canadian Directors in the Wake of Ashley Madison
CYBER SECURITY Cyber Security for Canadian Directors in the Wake of Ashley Madison Gary Solway* Bennett Jones LLP The August release of the purported names and other details of over 35 million customers
The economics of IT risk and reputation
Global Technology Services Research Report Risk Management The economics of IT risk and reputation What business continuity and IT security really mean to your organization Findings from the IBM Global
Under control 2015 Hot topics for IT internal audit in financial services. An Internal Audit viewpoint
Under control 2015 Hot topics for IT internal audit in financial services An Internal Audit viewpoint Introduction Welcome to our fourth annual review of the IT hot topics for IT internal audit in financial
Cyber Risks Management. Nikos Georgopoulos, MBA, cyrm Cyber Risks Advisor
Cyber Risks Management Nikos Georgopoulos, MBA, cyrm Cyber Risks Advisor 1 Contents Corporate Assets Data Breach Costs Time from Earliest Evidence of Compromise to Discovery of Compromise The Data Protection
Business Continuity Management AIRM Presentation
16 January, 2008 Business Continuity Management AIRM Presentation David Hamilton, Senior Consultant http://www.marsh.ie Presentation Overview Terms used for BCP Where BCM fits in a business plan Business
Implementing Electronic Medical Records (EMR): Mitigate Security Risks and Create Peace of Mind
Page1 Implementing Electronic Medical Records (EMR): Mitigate Security Risks and Create Peace of Mind The use of electronic medical records (EMRs) to maintain patient information is encouraged today and
Developing National Frameworks & Engaging the Private Sector
www.pwc.com Developing National Frameworks & Engaging the Private Sector Focus on Information/Cyber Security Risk Management American Red Cross Disaster Preparedness Summit Chicago, IL September 19, 2012
Shankar Gawade VP IT INFRASTRUCTURE ENAM SECURITIES PVT. LTD.
Business Continuity Management & Disaster Recovery Planning Presented by: Shankar Gawade VP IT INFRASTRUCTURE ENAM SECURITIES PVT. LTD. 1 What is Business Continuity Management? Is a holistic management
Certified Disaster Recovery Engineer
Cyber Security Training & Consulting Certified Disaster COURSE OVERVIEW 4 Days 32 CPE Credits $2,500 When a business is hit by a natural disaster, cyber crime or any other disruptive tragedy, how should
Tuesday, June 04, 2013 -- 2013 NYS Cyber Security Conference
About Us Zogby Analytics conducts a wide variety of surveys internationally and nationally in industries, including banking, IT, medical devices, government agencies, colleges and universities, non-profits,
Combating a new generation of cybercriminal with in-depth security monitoring. 1 st Advanced Data Analysis Security Operation Center
Combating a new generation of cybercriminal with in-depth security monitoring 1 st Advanced Data Analysis Security Operation Center The Challenge Don t leave your systems unmonitored. It takes an average
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
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
By: Tracy Hall. Community Bank Auditors Group Taking Your Business Continuity Plan To The Next Level. June 9, 2015
Community Bank Auditors Group Taking Your Business Continuity Plan To The Next Level June 9, 2015 By: Tracy Hall MEMBER OF PKF NORTH AMERICA, AN ASSOCIATION OF LEGALLY INDEPENDENT FIRMS 2015 Wolf & Company,
KASPERSKY SECURITY INTELLIGENCE SERVICES. EXPERT SERVICES. www.kaspersky.com
KASPERSKY SECURITY INTELLIGENCE SERVICES. EXPERT SERVICES www.kaspersky.com EXPERT SERVICES Expert Services from Kaspersky Lab are exactly that the services of our in-house experts, many of them global