Will Canada’s Cybersecurity Legislation Impact Your Business?

| July 20, 2017

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In 2015, the Government of Canada introduced a number of legislative amendments and programs in an effort to keep pace with the digital economy and growing cyberthreats to Canadian businesses and citizens. These initiatives, meant to strengthen our collective cyberresiliency, require Canadian businesses of all sizes, and any Canadian organizations that store personal data, to update their cyber road maps to bring them into compliance. This paper summarizes these initiatives to help CGI’s clients keep pace with changing requirements and ensure their customer information is well protected.

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Kaspersky Lab

Today Kaspersky Lab is the world’s largest privately held vendor of endpoint protection solutions, with a holding registered in the United Kingdom. Since its inception, Kaspersky Lab has followed a global vision and focused on international markets. This strategy helped the company to grow into a global corporation. Kaspersky Lab is one of the fastest growing IT security vendors in the world[i]. The company was founded in 1997 and today it is an international group operating in almost 200 countries and territories worldwide.

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How Organizations can prepare for Cybersecurity

Article | April 22, 2020

According to a Gartner study in 2018, the global Cybersecurity market is estimated to be as big as US$170.4 billion by 2022. The rapid growth in cybersecurity market is boosted by new technological initiatives like cloud-based applications and workloads that require security beyond the traditional data centres, the internet of things devices, and data protection mandates like EU’s GDPR. Cybersecurity, at its core, is protecting information and systems from cyberthreats that come in many forms like ransomware, malware, phishing attacks and exploit kits. Technological advancements have unfortunately opened as many opportunities to cybercriminals as it has for the authorities. These negative elements are now capable of launching sophisticated cyberattacks at a reduced cost. Therefore, it becomes imperative for organizations across all industries to incorporate latest technologies to stay ahead of the cybercriminals. Table of Contents: - What is the cybersecurity scenario around the world? - Driving Management Awareness towards Cybersecurity - Preparing Cybersecurity Workforce - Cybersecurity Awareness for Other Employees - Conclusion What is the cybersecurity scenario around the world? Even as there has been a steady increase in cyberattacks, according to the 2018 Global State of Information Security Survey from PwC: 44% companies across the world do not have an overall information security strategy, 48% executives said they do not have an employee security awareness training program, and 54% said they do not have an incident response process. So, where does the problem lie? Many boards still see it as an IT problem. Matt Olsen, Co-Founder and President of Business Development and Strategy, IronNet Cybersecurity. Cybersecurity The greater responsibility of building a resilient cybersecurity of an organization lies with its leaders. There is a need to eliminate the stigma of ‘risk of doing business lies solely with the technology leaders of an organization. Oversight and proactive risk management must come under CEO focus. According to the National Association of Corporate Directors' 2016-2017 surveys of public and private company directors, very few leaders felt confident about their security against cyberattacks, perhaps due to their lack of involvement into the subject. Driving Management Awareness towards Cybersecurity • Gain buy-in by mapping security initiatives back to business objectives and explaining security in ways that speak to the business • Update management about your current activities pertaining to the security initiatives taken, recent news about breaches and resolve any doubts. • Illustrate the security maturity of your organization by using audit findings along with industry benchmarks such as BSIMM to show management how your organization fares and how you plan to improve, given their support. • Running awareness program for your management regarding spear-phishing, ransomware and other hacking campaigns that aim for executives and teach how to avoid them. The bottom line is that leaders can seize the opportunity now to take meaningful actions designed to bolster the resilience of their organizations, withstand disruptive cyber threats and build a secure digital society. The bottom line is that leaders can seize the opportunity now to take meaningful actions designed to bolster the resilience of their organizations, withstand disruptive cyber threats and build a secure digital society.. Pwc READ MORE: WEBROOT: WIDESPREAD LACK OF CYBERSECURITY BEST PRACTICES /11029 Preparing Cybersecurity Workforce Hackers are able to find 75% of the vulnerabilities within the application layer. Thus, developers have an important role to play in the cybersecurity of an organization and are responsible for the security of their systems. Training insecure codingis the best way to raise their cybersecurity awareness levels. Raising Cybersecurity Awareness in Developers: • Training developers to code from the attackers’ point of view, using specific snippets from your own apps. • Explain in-depth about vulnerabilities found by calling remedial sessions. • Find ways to make secure coding easier on developers, like integrating security testing and resources into their workflow and early in the SDLC/ • Seek feedback from developers on how your security policies fit into their workflow and find ways to improve. Cybersecurity Awareness for Other Employees According to the Online Trust Alliance’s2016 Data Protection and Breach Readiness Guide, employees cause about 30% of data breaches. Employees are the weakest link in the cybersecurity chain. But that can be changed by creating awareness and educating them on the risks surrounding equipment, passwords, social media, the latest social engineering ploys, and communications and collaboration tools.Make standard security tasks part of their everyday routine, including updating antivirus software and privacy settings, and taking steps as simple as covering cameras when they end a video conference call. Conclusion: The technological advancements are moving faster than anF-16, so the measure are by no means exhaustive. The important thing is to keep pace with numerous cybersecurity measures to not fall prey to a cyberattack. Every organizational level plays an important role in achieving a matured security infrastructure, thus making awareness and participation mandatory. Organizations should consider a natively integrated, automated security platform specifically designed to provide consistent, prevention-based protection for endpoints, data centers, networks, public and private clouds, and software-as-a-service environments READ MORE: A 4 STEP GUIDE TO STRONGER OT CYBERSECURITY

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CISOS PARTICIPATE IN CYBER WARGAMES TO HONE RANSOMWARE RESPONSE PLANS WITH EC-COUNCIL

Article | March 2, 2020

EC-Council, leading global information security certification body, conducted a table-top, cyber wargame among top cybersecurity executives in Tampa, Florida. The sold-out session, “CISO wargame,” included 27 senior executives from the largest managed IT service providers in the United States. The event presented the security experts with a simulated incident where an organization is hit by a ransomware attack. Participants had to work to contain the damage of the attack, which grew more complicated as the 4-hour exercise unfolded. Participants were tasked with deciding whether to pay a ransom and use ransom negotiators as well as to communicate with employees, stockholders, and the media about the breach.

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New Ransomware hitting Industrial Control Systems like a nuclear bomb

Article | February 10, 2020

Researchers at security firms including Sentinel One and Drago’s have been mystified by a piece of code named Ekans or Snake, over the last month. Drago’s publically released its full report on Ekans Ransomware that has recently inflicted Industrial Control Systems and these are some of the most high-value systems that bridge the gap between digital and physical systems. In the history of hacking, only a few times a piece of malicious code has been marked attempting to intrude Industrial Control Systems. Ekans is supposed to be the first Ransomware with real primitive capability against the Industrial Control Systems, software, and hardware used in everything from oil refineries to power grids. Researchers say this ransomware holds the capability to attack ICS by Honeywell and GE as well.

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How Is Covid-19 Creating Data Breaches?

Article | March 30, 2020

Trevor is working from home for the first time. He loves the freedom and flexibility, but doesn’t read his company’s new BYOD policy. Sadly, he misses the fact that his home PC is not protected with updated security software nor the latest operating system patches. Kelcie’s home PC is faster than the old work laptop that she’s been issued to use during the pandemic. She decides to use a USB stick to transfer large files back and forth between her PCs to speed things up. After a few days, she does all her work on her home PC, using a “safe” virtual desktop app. But unbeknownst to her, there is a keylogger on her home PC.

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Spotlight

Kaspersky Lab

Today Kaspersky Lab is the world’s largest privately held vendor of endpoint protection solutions, with a holding registered in the United Kingdom. Since its inception, Kaspersky Lab has followed a global vision and focused on international markets. This strategy helped the company to grow into a global corporation. Kaspersky Lab is one of the fastest growing IT security vendors in the world[i]. The company was founded in 1997 and today it is an international group operating in almost 200 countries and territories worldwide.

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