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Cyber Security - You will be challenged
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Transcript of Cyber Security - You will be challenged
![Page 1: Cyber Security - You will be challenged](https://reader034.fdocuments.net/reader034/viewer/2022052602/55a210f91a28aba72d8b4662/html5/thumbnails/1.jpg)
Your security will be challenged
What are you going to do about it?
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A dark cloud as been hanging over Singapore!
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80%
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80%80% of Internet users in Singapore have
experienced cyber crime, the fourth highest
rate in the world
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US$944 million
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US$944 millionConsumer cybercrime costs Singapore the
equivalent of $944 million
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Not to mention these jokers…
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Consumers are careless.
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Consumers are careless.
41%
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Consumers are careless.
41%Don’t use complex passwords or change their
passwords regularly
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And it hurts.
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And it hurts.
US$1,158
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And it hurts.
US$1,158Average cost to Singaporean consumers is
US$1,158compared to a global average of $197
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Businesses are careless too!
Five common problems
• Poor/sloppy password practices
• Lack of (or adherence to) security policies
• No regular maintenance / upgrade cycle
• Failure to test for vulnerabilities
• No effective plan in place for crises
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But businesses cannot afford to be!
Average cost to a business for cybercrime
$1,035,769 USD
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2 cautionary tales
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Sony PlayStation
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Unencrypted data
77m accounts stolen
Network down for 24d
Costs of $171 million
The biggest data breach in history
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Unencrypted data
77m accounts stolen
Network down for 24d
Costs of $171 million
The biggest data breach in historySorry!
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October 3rd, 2013
2.9 Million
Customers details
stolen
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All of this was
PREVENTABLE.
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And worse still, they
both stalled & denied the
scale of the problem!
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But businesses cannot afford to be!
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• Run a comprehensive security audit
• Focus on business critical areas
• Establish a sensible security policy
• Regular training for all staff
• Communicate why it is important
• Establish scheduled maintenance
• Regular tests for vulnerabilities
• Set up internal reporting / KPIs
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But where humans are concerned there’s no
such thing as 100% secure. Plan for that too!
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Your security will be compromised
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Your security will be compromised
“How you retrieve
the situation is
what matters”
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Your security will be compromised
Plan for the worst
• Scenario Testing
• Response Plan
• Training & Preparation
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Remain calm, communicate
quickly and effectively.
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Always try to stay one step ahead of the game
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Always try to stay one step ahead of the game
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Thanks