e-Crime & Cybersecurity APAC
6 May 2021, Online
New security models for a new era of recovery: government, business, work and play have changed, so must cybersecurity
2020 was a tough year for CISOs. 2021 will be tougher.
2020 saw the Malaysian government targeted by cybercriminals, a series of hospitals and companies in Thailand hit by ransomware attacks, and in Singapore, researchers found that while organisations in the country were less heavily targeted, their attackers succeeded 80% of the time.
OS vulnerabilities (20 per cent) were the most common cause of breaches, but third-party application breaches account for 15 per cent – more than double the impact they had last year.
And, of course, the SolarWinds attack has reminded us all that nation state actors are now a threat to everyone, not just a few critical pieces of CNI. It has highlighted the dangers of third-party security breaches; and it has alerted us to the security dangers lurking in security stacks themselves.
Into this environment, COVID has brought a fluctuating, hybrid workplace, and accelerated digital business transformation.
Remote working has spurred the adoption of collaboration, chat, and social channels and they are rapidly outpacing email as the communications tools of choice. But are they more or less secure than email – itself still the key vector for social engineering, ransomware delivery and credential theft phishing?
Digitalisation means that more and more firms are adopting e-Commerce models, using Cloud providers for all significant IT needs, and dealing with an explosion of digital payment models and channels.
And they are having to respond to an extraordinary range of connected devices. These are creating a world of sensor saturation that will transform entire industries and which is already creating huge data flows between sensors and the business, which are vulnerable to interception.
With the distinction between digital and physical gone, a new breed of security leader is needed to combine physical security, IT security, OT security, product management security, and supply chain security. And new security tools are needed to cope with a transforming threatscape.
The e-Crime & Cybersecurity APAC Congress will take place online and will look at how cybersecurity teams, risk management functions and boards are tackling the key issues. As the region recovers, have cybersecurity risks become even more dangerous?