Has ransomware changed the rules of cybersecurity?

7th e-Crime & Cybersecurity Spain
Online, 24th November 2021

Ransomware changes the risk calculus – for government and CISOs
With all sectors hit hard by disruption and data loss, can governments and CISOs work together to beat the criminals?


The past year has seen Spanish organisations hit hard by cyberattacks – and as is the case globally, ransomware is the number one threat.

Every sector, including crucial elements of CNI such as government, finance and healthcare, has been affected. In March 2020, just as the pandemic began to hit, a hospital in Madrid was taken offline by ransomware. Since then, regional giants such as Mapfre, SegurCaixa Adeslas, Adif and many others have fallen victim.

The State Public Employment Service, which manages unemployment benefits and has been critical during the pandemic, was “paralyzed” by ransomware earlier this year, shortly followed by the Ministry of Labor and Social Economy.

Not so long ago, the consequences of a cyberattack for most organisations were a hassle and not much more. Bad press, a fine (relatively small even under GDPR), some additional damages, but nothing they couldn’t handle. With a good lawyer, breaches could continue to be swept under the carpet.

Evidently, that is no longer the case.

In the US, the scale of the threat posed by attacks on CNI means President Joe Biden has got involved, introducing new regulation for some sectors and emphasising to business leaders that especially in the hyperconnected “new normal”, cybersecurity is key to operational resilience.

The fact that some level of state tolerance (if not actual support) for ransomware criminals is clearly involved, is also, finally, beginning to be recognised. US intelligence agencies were directed to investigate the Kaseya attack and talk of cyberespionage is becoming common. Governments realise that leaving cybersecurity to the private sector may not be enough.

Research by security providers shows that Spanish cyber experts are highly aware of the threat, with 85% either having already suffered at least one ransomware attack in the past year, or expecting to. AKJ’s own research indicates that the CISO’s profile within the business – and the resources allocated to cybersecurity – have increased to match the risk.

But with teams still understaffed and under pressure, the question on everyone’s minds is: will it be enough?
 

The 7th e-Crime & Cybersecurity Congress Spain will take place online and will look at how cybersecurity teams are tackling the new normal. Join our real-life case studies and in-depth technical sessions from the security and privacy teams behind some of the world’s most admired brands.

  • Securing email - again

    • Email remains the primary vector for attacks, and the threat is only increasing
    • Scammers are posing as helpdesks, malware is embedded in pandemic-related documents that appear to come from government, health or aid organisations, and overloaded employees are more likely to accidentally open dangerous attachments
    • Does email security need to be ramped up even if it impacts business efficiency? Are there other solutions?
  • Cybersecurity priorities for hybrid working

    • We may not be returning to a fully office-based world, but there is little doubt that companies in all sectors want employees to be working more in the office than they are now.
    • Securing that transition, and the fluid and uncertain environment it creates, is the next challenge for CISOs.
    • What do you need to know and how can you prepare?
  • Doing the basics better

    • As businesses continue to grow and scale to fit their post-pandemic environments, security teams must remain vigilant regarding cyber hygiene.
    • Email is still the key vector. Patching matters. MFA is essential. And now, just as ever, backups are non-negotiable.
    • How can security teams remain vigilant and ensure cyber hygiene?
  • Resilience and regulation redefining security

    • The FCA's PS21/3 and the EU's DORA are key steps to ensuring there is regulatory control over operational resilience
    • US President Joe Biden has also committed to regulating cybersecurity in major pipelines, and other critical sectors are sure to follow
    • But with attacks on the rise, can we expect further regulation to follow?
  • Getting smart with cybersecurity budgets

    • Affordability and value for money are as important in cybersecurity as they are in any other service sector
    • And those allocating budget to cybersecurity need to understand ROI
    • So, while new technologies such as XDR and new philosophies such as ZTNA and SASE sound good, can they demonstrate value and practicality?
  • Securing digital currencies

    • The move towards cashless payment methods during the crisis has been extreme, and looks like it may be irreversible
    • Many more governments are now looking at developing their own digital currencies
    • How do we go about securing a world in which most - perhaps all - payments are digital?
  • Getting Cloud migration right

    • Migrating to the Cloud is a priority
    • But, if not properly managed, cloud migrations result in extra complexity and risk
    • How can firms efficiently assess cloud readiness, plan and execute migrations, and establish comprehensive cloud governance?
  • Securing the citizen

    • The COVID era demands unprecendented levels of citizen engagement
    • The systems required to provide safety create a huge data security and privacy challenge for both governments and employers
    • Are compromises inevitable? How can this critical data best be kept safe?
  • Are criminals winning the ransomware war?

    • Ransomware tests every part of your infrastructure, from awareness to endpoint protection to patching to phishing defences
    • Some attacks are sophisticated, but most rely on traditional methods and vectors
    • So why is it so hard to beat them? Is AI or zero trust or something else the answer?
  • Securing critical national infrastructure

    • Critical national infrastructure is being brought to its knees by successful attacks, harming organisations, supply chains, and the public
    • Resourcing and senior management commitment are important, but what can CISOs do to ensure the resilience of critical national infrastructure?
  • Security on a budget: protecting health and education

    • Healthcare and Education are just two sectors that have been constantly barraged with attacks across the last 12 months
    • These sectors contain vast amounts of data and can be brought to a standstill through a successful attack
    • What can security teams in key sectors do to improve resilience?

Who attends

Job titles

CIO/CTO
Director de Seguridad
CISO IT
CRO
Responsable Unidad Central de Fraude de Medios de Pago
Specialist Investigation
Analista de Inteligencia e Investigaciones
Responsable de Seguridad de la Información y Protección de Datos Personales
Consultor de Seguridad de la Información
Head of UEBA Framework for Cybersecurity
Security Officer
Director de Seguridad
Head of Law Enforcement Outreach and Investigations Southern Europe, UK, Ireland & Nordic
Director of Data Protection and Privacy
Chief of IT Security
Investigadora Principal
IT Development Manager
Jefe de Seguridad de la Información (CISO)
Gestión de Incidentes de Seguridad TIC
Subdirector Seguridad
Security Technical Service Manager
CISO
Jefe Sistemas de Seguridad
IT Director
Director Juridico
Networking and Security
IT Risk, Fraud & Security
Deputy Head of Technology Infrastructure Services
Security Specialist
Directora General
CIO - IT & IS Director
Tech specialist
Head of IT
Director de Seguridad de Acciona Infraestructuras
Head of Cyber Security
Director de IT, Innovación y Transformación
Jefe Sistemas de Seguridad
Seguridad de Aplicaciones, Riesgos e Incidentes
Coordinador SOC
Sistemas de informacion
Card Fraud Monitoring & Response
Jefe de la División de Seguridad en la División de Defensa y Seguridad
Auditoría Interna
Cybersecurity Manager
CISO
Especialista RT y Fraude
Senior IT Audit Manager
Magistrada. Asesora en el Ministerio de Justicia. Vocal del Consejo Nacional de Ciberseguridad
Director Seguridad de la Informacion
CIO - Directora de Sistemas de información y procesos
Chief Information Officer (CIO)
IT Engineer
Gerente Seguridad y Cumplimiento
CCG - Seguridad Perimetral
Departamento Seguridad de la Información
IT Audit
Group Information Security Executive Manager
Director de Auditoria IT Risks
Manager Investigation & LI
CIO
CCO, CISO
Data Scientist
Responsable Seguridad Infraestructura Digital
Coordinador
Directora Auditoría Interna
Auditoría Interna
Senior Cybersecurity Consultant
Area Manager Corporate Compliance and Security
Regional Information Security Officer
Auditor Interno de Sistemas
Cyber Risk Specialist
Capitán
IT Examiner
Jefe del Área de Información y Soporte
Abogado Director
IT Risk Management
Head of Cybersecurity Analytics & Digital Trust
Comandante de la Guardia Civil. Oficial de Enlace en Europol.
CSIRT Manager, IT Manager at Prevention and Safety HQ
Internal Audit Team Lead
Jefe de Tecnologia
IT Subdirector de Seguridad de la Información
Gerente GRC & PIC
Experto en Ciberseguridad
Técnico de Control y Seguimiento en Direccion General de Impuestos Internos
Administrador de Sistemas
Analista de Riesgos
CyberSecurity Analyst
European IT Operations Officer
Seguridad de la Información
Resp. Seguridad de la Información
Responsable Seguridad (CISO)
CISO
Senior Cybersecurity Engineer
Responsable de Seguridad LOPD
CISO Responsable de Seguridad de la Información
IT Security Officer
Chief Information Officer
Responsable de Cumplimiento Normativo y Privacidad
CyberRisk Manager
IT Security Officer
CISO Responsable de Seguridad Tecnologica
IT Technical
Engineer IT Security
CIO
Information Security Officer, IT & Governance Manager
Jefe de Servicio de Arquitectura y Normalizacion
Gerente Seguridad Tecnologías de la Información
IT Director
Security Expert
CISO
Digital Transformation Adviser
SOC Service Delivery Manager
IT Coordinator
Fraud Prevention Analyst
CISO
CISO (Chief Information Security Officer)
Seguridad Coperativa
U.I.T
Manager Audit IT
Asesora de Pagos
Técnico de Sistemas de Seguridad
Transversal CISO for Emerging Europe & IT Compliance and SCCR Governance Manager
Risk IT Analyst
Seguridad TIC
CISO Chief Information Security Officer
IT Director - CIO
Security Engineer
Asesor Juridico
DSI - Seguridad Mainframe & Criptografía
Jefe de Riesgo Tecnológico
CRO
Asesor
Cyber Security Incident Monitoring & Response Team Manager
Consultor de Seguridad
Security Technical Leader
Jefe de Defensa Cibernética Avanzada
Director Unidad de Negocio de Ingeniria & Analytics
Director de Seguridad
Director Investigacion e-Fraude
Product Security Officer
Director de Sistemas de Información
Jefe de Tecnologia
Head of Forensic Deparment
Information Security & Data Privacy Specialist
CTO / CISO
CISO Responsable de Sistemas y Seguridad de la Información
CISO
Manager de Seguridad - CISO
Director
Gestion Riesgos Tecnologicos
Director de Seguridad y Telecomunicaciones
IT Infrastructure and SAP Basis Manager
IT Security Engineer
Riesgos y Seguridad - Manager
Responsable de Infraestructuras,Outsourcing & Seguridad IT
IT Architecture & Security Director
Purchasing Manager and Insurance Corporate Coordinator
IT Project Manager
CISO Corporativo
Responsable de Seguridad
Analista de Riesgos
Director Seguridad
Manager, Global Risk Assessment
Manager Critical Infrastructure Monitoring & Response
Investigador
Regional Information Security Officer
CyberSOC Manager
Auditora Interna Senior
Director Seguridad en Sistemas de Informacion
Chief Technology Risk Audit
Especialista en GRC
Jefe de Proyecto
Subdirector General de Cooperacion Policial Internacional
Responsable de Seguridad y Sistemas
Security Manager

Companies

Santander
Novo Banco
Cuerpo Nacional de Policia Madrid
Redexis Gas
Zurich Santander
Paginas Amarillas
Berge Auto
BBVA
Informática El Corte Inglés
AENA
Centro Nacional de Excelencia en Ciberseguridad
EMVS
Metro de Madrid
Anida
Policia Nacional
Rural Servicios Informáticos (Grupo Caja Rural)
Bankinter
Grupo FCC
Mapfre
Codere
Embajada Británica
Repsol España
Secretaria General de Instituciones Penitenciarias
Teleco
Vodafone
Impulso
Universidad Politecnica de Madrid
Self Bank
The Spanish Bankers' Association
Acciona
Tecnicas Reunidas
Banco de España
Interxion
Solvia Servicios Inmobiliarios
Hibu
Coca-Cola European Partners
AXA España
Entradas Eventim
Liberty Seguros
ISDEFE
Bosch
LaSegunda
Comunidad de Madrid
Fon
Mediapro
Ministerio de Justicia
Intropia
AXA
Confederación Española de Cajas de Ahorros
Correos
CASESA
Iberdrola
Gas Natural Fenosa
Taller de Analisis y Calculo
EVO Banco
Palladium Hotel Group
Guardia Civil
Arrona de la Rosa y Asociados
Eroski
Adif
Verne Group Technology
Daimler
Direct Seguros
CaixaBank
GH Asesores
Bankia
Uría Menéndez
CNPIC
JB Capital Markets
GLOBALVIA
DGII
Nautalia & Wamos
Ikea Group
BGBG Abogados
Banco Sabadell
Leroy Merlin
IRB LLeida
A&G Banca Privada
BNP Paribas Spain
El Corte Inglés
Endesa
Royal Bank of Scotland
Sareb
Supermercados Dia
Pérez-Llorca
Banco Exterior de Espana
Western Union
Carrefour
Pepe Jeans
Adidas
Ontier
Grupo Cortefiel
Almirall
General Dynamics ELS
Mediaset
Seras
AGE (Administración General del Estado)
Tecnoiuris
Lleego Travel Market
Viking Nordic Assistance
Spanish Ministry of Finances
Nationale Nederlanden
AIRBUS ESPAÑA S.L.
IDIADA
ISACA
Deep-mirror
I-Olvido
APPLUS+
Fundacion Sicomoro
Robert Bosch GmbH
Liberbank
Ministerio del Interior (Gobierno de España)
Credit Suisse
Consejeria de Sanidad Madrid
Banco de Crédito Cooperativo
Aviva
Haya Real Estate
CESCE
Ocaso
Grupo Quality Telecom
Allen & Overy LLP
Grupo OHL
Galp Energia
ICPF

Industries

Insurance
Transportation/Shipping
Banking
Banking
Insurance
Automobiles/Parts
Legal
Insurance
Banking
Banking
Aerospace/Defence
Aerospace/Defence
Electricity
Construction
Banking
Banking
Insurance
Banking
Retail
Electricity
Consultancy
Regional Government
Media
Banking
Insurance
Banking
Regional Government
Insurance
Automobiles/Parts
Automobiles/Parts
Education
Oil/Gas
Transportation/Shipping
Banking
Banking
Banking
Banking
Real Estate
Banking
Banking
Banking
Electronic/Electrical Equipment
Legal
Pharmaceuticals
Banking
Banking
Retail
Oil/Gas
Oil/Gas
Electricity
Insurance
Automobiles/Parts
Oil/Gas
Legal
Insurance
Media
Education
Insurance
Oil/Gas
Research
Banking
Retail
Central Government
Banking
Telecommunications
Real Estate
Legal
Construction
Banking
Automobiles/Parts
Insurance
Retail
Oil/Gas
Retail
Insurance
Education
Banking
Software
Retail
Aerospace/Defence
Automobiles/Parts
Consultancy
Aerospace/Defence
Association
National Law Enforcement
Insurance
Banking
Insurance
Banking
Banking
Casinos/Gaming
Research
Banking
Transportation/Shipping
Retail
Insurance
Telecommunications
Insurance
Aerospace/Defence
Oil/Gas
Casinos/Gaming
Insurance
Insurance
Insurance
Telecommunications
Banking
National Law Enforcement
Banking
Electricity
Transportation/Shipping
Oil/Gas
Casinos/Gaming
Legal
Banking
Insurance
Other Industry
Other Industry
Banking
Real Estate
Electronic/Electrical Equipment
Industrial Engineering
Insurance
Banking
Banking
Banking
Insurance
Oil/Gas
Real Estate
Insurance
Regional Government
Insurance
Central Government
Banking
Regional Law Enforcement
Banking
Real Estate
Banking
Transportation/Shipping
Telecommunications
Banking
Banking
Regional Government
Banking
Banking
Banking
Consultancy
Consultancy
Banking
Insurance
Insurance
Other Industry
Casinos/Gaming
Legal
National Law Enforcement
Banking
Travel/Leisure/Hospitality
Banking
Insurance
Insurance
Legal
National Law Enforcement
Retail
Construction
Casinos/Gaming
Association
Media
Banking
Institute
Insurance
Consultancy
Banking
Central Government
Banking
Food/Beverage/Tobacco
Construction
Central Government
Banking
Insurance
Banking
Media
Banking
Telecommunications
Retail
Construction
Oil/Gas
Transportation/Shipping
Banking
Media
Telecommunications
Insurance
Banking
Telecommunications
Transportation/Shipping
Banking
Insurance
Real Estate
Banking
Oil/Gas
Aerospace/Defence
Regional Government
Regional Government
Legal
Association
Association
Travel/Leisure/Hospitality
Banking
Banking
Insurance
Travel/Leisure/Hospitality
Banking
Construction
Electronic/Electrical Equipment
Aerospace/Defence
Oil/Gas
Banking
Regional Law Enforcement
Retail
Casinos/Gaming
Travel/Leisure/Hospitality
Banking
Construction
Oil/Gas
Oil/Gas
Retail
Retail
Central Government
Banking
Consultancy
Other Industry
Association
Banking
Consultancy
Telecommunications
Banking
Legal
Education
Regional Law Enforcement
Aerospace/Defence
Banking
Industrial Engineering
Telecommunications
Pharmaceuticals
Banking
Banking
Other Industry
Other Industry
Banking
Legal
Aerospace/Defence
Banking
Aerospace/Defence
Banking
Regional Law Enforcement
Travel/Leisure/Hospitality
Banking
Aerospace/Defence
Transportation/Shipping
Automobiles/Parts
Banking
Construction
Automobiles/Parts
Insurance
Media
Casinos/Gaming
Consultancy
Banking
Insurance
Banking
Legal
Retail
Banking
Electricity
Transportation/Shipping
Other Industry
Central Government
Construction
Legal
Banking
Insurance
Insurance
Casinos/Gaming
Aerospace/Defence
Pharmaceuticals
Insurance