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Securing Our Digital Future “Building Digital Trust”

Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

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Page 1: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

Securing Our Digital Future

“Building Digital Trust”

Page 2: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

Digital Security

Challenges – Impacts – Solutions

Page 3: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

Industry’s cyber risk on the rise

Data from 17 million Zomato users stolen

Apple app source code stolen

IoT devices compromised in 6 minutes

77 million PlayStation users hacked

Equifax slammed - 143 million US customers may have had their

information stolen

Page 4: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

Who do you believe?

Page 5: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

Condoleezza Rice

66th Secretary of State, USA

Page 6: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index
Page 7: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

1337hacker

DDOS Attack

Page 8: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

Man in the Middle Attack

commons.wikimedia.org

Page 9: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

Spear Phishing

watchpointdata.com

Page 10: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

Kevin Mitnick

Once one of the FBI’s most wanted

Page 11: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

78% of people claim to be aware of the risks of unknown links in emails.

Friedrich-Alexander University (FAU)

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

And yet they click anyway.

Study 1 Study 2

20%

Reported

that they

Clicked

16%

Reported

that they

Clicked

25%

Actually

Clicked

45%

Actually

Clicked

Page 12: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index
Page 13: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

Budgeting After an Attack

Page 14: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index
Page 15: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

Who is the bad guy?

Page 16: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

No place to hide

Page 17: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

We are ALL vulnerableWe are ALL vulnerable

Page 18: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

And the hits just keep on coming ….

AT&T Cybersecurity Insights Report 45% increase in hackers searching for IoT vulnerabilities

Cisco Annual Security Report There’s a 221% increase in compromised WordPress sites

Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion

IBM X-Force Cyber SecurityIntelligence Index Report

The healthcare industry was the one most frequently attacked, followed by financial services and manufacturing

Source: Forbes 2016 Cybersecurity Reports

Page 19: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

tmforum.org

Will Digital Slow Down?

Page 20: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

Diversity of Thought

Coding Standards

PatchingSecurity by

Design

Data Mgmt.

Honey Pots

EducationSecurity

Governance

Everybody is responsible for the security of the stuff they

build, buy and use.

Everybody!!

Security by design / Security culture

Page 21: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

Security Governance

Page 22: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index
Page 23: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

https://www.helpnetsecurity.com/2017/03/01/phishing-attacks-2016/

Most Targeted Industry Sectors 4th Quarter 2016

Financial19.60%

Retail/Service41.85%

ISP12.58%

Payment Service11.33%

Multimedia5.15%

Unclassified4.30%

Social Networking3.32%

Government1.31%

Other0.55%

Page 24: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index
Page 25: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

“The best way to predict the future is to create it.”Abraham Lincoln

Page 26: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

Q & A

If you would like to find out more please contact:

Ian Frew or Peter FaulknerDB Results

P: +61 438 568 123E: [email protected]

Page 27: Securing Our Digital Future - Actuaries Institute · Dell Security Annual Threat Report Malware attacks nearly doubled to 8.19 billion IBM X-Force Cyber Security Intelligence Index

“Security is not a requirement, it’s a culture”

Thank you