The International Rescue Committee has identified new processes and ways to safeguard information in the midst of rapid digital transformation, according to CISO JT Jacoby. The IRC went from having multi-factor authentication deployed on just 1,500 devices in November to more than 10,000 today.
OTC Markets Group in recent years has gone from having almost sector-specific cybersecurity regulations to highly robust ones, said CISO Vlad Brodsky. Since 2016, the New York-based financial market has been subject to stringent policies and procedures to ensure OTC's cybersecurity and resiliency.
The cybersecurity industry is undergoing profound and rapid change, said John Chambers, the visionary former CEO of Cisco Systems who has turned venture capitalist and predicts the market will soon demand an outcome-focused architecture - not products - to underpin next-generation tech.
How much regulation is too much, and how much is too little? Increased cyber regulation, especially in areas of critical infrastructure, is necessary, as outages in the space have the potential to affect many Americans, said Ilona Cohen, chief legal and policy officer at HackerOne.
Historically, U.S. regulators have been slow to set controls on critical infrastructure because of the technical complexity of systems in that sector, but that is changing thanks to the U.S. national cybersecurity strategy, said Glenn Gerstell of the Center for Strategic and International Studies.
What are the challenges facing the U.S. financial sector as it continues its enthusiastic embrace of cloud-based technology? Department of the Treasury Deputy Assistant Secretary Todd Conklin said the agency has been "doing the best we can to secure cloud" as firms increasingly adopt it.
As Bugcrowd helps OpenAI keep pace with the inevitable cybersecurity risks amid the massive popularity of its applications, the bug bounty firm's CEO discusses the unique elements of finding vulnerabilities in OpenAI, its impact and the journey so far.
The use of cloud by financial services firms has risen from 91% to 98%, and multi-cloud for critical operations has risen dramatically, triggering greater risk and regulatory scrutiny, said Troy Leach, chief strategy officer at the Cloud Security Alliance, citing a new survey.
Gamification in cybersecurity can bring great potential business value to many organizations, but security teams need to dispel some misconceptions. In the first place, it’s not a game that takes employees away from their jobs, said Joe Carson, chief security scientist and advisory CISO at Delinea.
With an ever-expanding threat landscape, organizations need to possess the right tools and knowledge to deal with cyberattacks. Dawn Cappelli, head of OT-CERT at Dragos, recommends training small and medium-sized businesses that are just starting their operation technology journey.
Most people would assume ransomware tops the list of cyber insurance claims. Not so these days. Most claims are originating from third-party attacks, said Peter Hedberg of Corvus Insurance and Christopher J. Seusing of law firm Wood Smith Henning & Berman.
Humans continue to reuse simple passwords that criminals can access, and passwordless continues to be the way forward. Jeff Shiner, CEO of 1Password, said we're making progress toward the future of authentication - passkeys - and discussed when, why and how to adopt them.
In the face of a growing attack surface, the architecture and technology of traditional SIEMs keeps them from meeting the needs of modern enterprises. Firms can address these gaps with data protection, threat content as a service, and peer-to-peer collaboration, said Securonix CEO Nayaki Nayyar.
Everyone needs to have a security-first mindset for identity because as much as it is a defender's shield, it is also an attacker's target, said Rohit Ghai, CEO at RSA. In fact, identities are the most attacked part of enterprises, yet too little energy is spent on monitoring them.
Digital transformation has accelerated the pace of innovation but also created a broader attack surface and new vulnerabilities. Even worse, adversaries are more efficient, automated and effective than ever before, warned Art Coviello, managing partner of SYN Ventures.
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