Your security will be challenged
What are you going to do about it?
A dark cloud as been hanging over Singapore!
80%
80%80% of Internet users in Singapore have
experienced cyber crime, the fourth highest
rate in the world
US$944 million
US$944 millionConsumer cybercrime costs Singapore the
equivalent of $944 million
Not to mention these jokers…
Consumers are careless.
Consumers are careless.
41%
Consumers are careless.
41%Don’t use complex passwords or change their
passwords regularly
And it hurts.
And it hurts.
US$1,158
And it hurts.
US$1,158Average cost to Singaporean consumers is
US$1,158compared to a global average of $197
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
But businesses cannot afford to be!
Average cost to a business for cybercrime
$1,035,769 USD
2 cautionary tales
Sony PlayStation
Unencrypted data
77m accounts stolen
Network down for 24d
Costs of $171 million
The biggest data breach in history
Unencrypted data
77m accounts stolen
Network down for 24d
Costs of $171 million
The biggest data breach in historySorry!
October 3rd, 2013
2.9 Million
Customers details
stolen
All of this was
PREVENTABLE.
And worse still, they
both stalled & denied the
scale of the problem!
But businesses cannot afford to be!
• 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
But where humans are concerned there’s no
such thing as 100% secure. Plan for that too!
Your security will be compromised
Your security will be compromised
“How you retrieve
the situation is
what matters”
Your security will be compromised
Plan for the worst
• Scenario Testing
• Response Plan
• Training & Preparation
Remain calm, communicate
quickly and effectively.
Always try to stay one step ahead of the game
Always try to stay one step ahead of the game
Thanks
