Booz Allen Hamilton

The Cybersecurity Dilemma: Incentives to Drive Change Rather than Reactive Response



Meet the Panel

Meet The Panel

Nova Daly, Public Policy Consultant, Wiley Rein, LLP
David Fagan, Partner, Covington & Burling LLP
Jill Knesek, Chief Security Officer, BT Global Services
John Allen, CEO, Bluestone Capital Partners
Emile Trombetti

Emile Trombetti, Panel Moderator

Senior Vice President, Booz Allen Hamilton, supporting the Technology capability by helping clients manage their IT, security, and cyber functions.
Nova Daley

Nova Daly

Public Policy Consultant, Wiley Rein, LLP
David Fagan

David Fagan

Partner, Covington & Burling LLP
Jill Knesek

Jill Knesek

Chief Security Officer, BT Global Services. Jill is responsible for all security matters for BT Global Services including risk management, regulatory compliance, policy compliance, incident management, physical security and network and systems security.
John Allen

John Allen

CEO, Bluestone Capital Partners

About Our Panel

This panel of top industry and government experts examines the incentives used by organizations to proactively adopt cybersecurity changes.

Airing October 25, 2011

 

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Posted by Eric Cole on November 10, 2011

Eric Cole

Expert Reactions: Eric Cole, Associate
Organization’s today need to recognize that they are going to get compromised. A comprehensive approach must take into account that prevention is ideal but detection is a must. In order to provide proper protection, an organization must have a list of all critical information and business processes that utilize that information, with all of this mapped to systems within the environment. It is important to always remember knowledge is power. An organization cannot protect what they do not know. If the offense knows more than the defense, an organization will lose. Once accurate information is gathered, everything in security must map back to risk. Before an organization spends a dollar of their budget or an hour of their time they should always answer three questions: 1) What is the risk?; 2) Is it the highest priority risk; 3) Is it the most cost-effective way to reduce the risk? While many organizations focus on risk remediation, today many risks cannot be properly remediated and need to be transferred to a third party. Therefore, cyber insurance is becoming more and more important to help an organization properly manage risk. In cases where an organization cannot remediate and/or accept the risk, utilizing insurance is an effective solution. While the industry is still not fully mature, this is a big growth area that will be required to keep pace with the advanced threat.

 

 

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Posted by boozallen.com on November 8, 2011

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Posted by boozallen.com on November 8, 2011

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Posted by boozallen.com on November 8, 2011

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Posted by Eric Cole on October 27, 2011

Eric Cole

Principal with extensive expertise in secure network design and information systems security.

The idea of 100% security is not a reality anymore. The new breed of attacks – which is constantly changing and evolving – is persistent. The threat is not simply a disruption of service or operations, your critical data and information is targeted by patient and sophisticated attackers who will continue to break in until they are successful. In this environment, how are we going to win?

Cyber-Shoplifting

One way to look at this threat landscape is to imagine the attackers as cyber-shoplifters. The most successful defense against shoplifting is to lock all the doors and not let anyone in. However, this is also an effective method of going out of business. Essentially, you have to allow incoming traffic and, at the point of entry, legitimate traffic looks identical to nefarious traffic. At some point though, they will change their behavior. That’s where you catch them. We need to focus on these points of deviation – anomalous behavior, increased data transfer rates, and numerous connections – and quickly identify threats to your network.

Treating Cancer

For another perspective, we can consider treating health problems. Three years ago, we were fighting the equivalent of the common cold, now we’re fighting cancer. You can’t control what germs you’re exposed to, or whether or not you get sick, but you can take specific measures to minimize the toll it takes. The goal is early detection, which involves knowing what to look for, what tests to perform, and – before the symptoms become a terminal illness –remediate and remove the threat. You’ll never be penalized for having a breach and catching it early, but you will if you have a breach and don’t catch it for six months.

Redefining “Win”

When it comes to cybersecurity, a “win” used to be defined by preventing any attackers from compromising your networks. As we’ve come to realize that’s no longer an option, we also recognize the need for a new definition of “win.” The reason companies are suffering so much damage today is because the attackers are stealthy. Many breaches occur over a period of several months without detection.

The impact of a cyber attack increases significantly the longer the network is compromised. With that in mind, early detection is essential in order to successfully defend against today’s cyber attacks. Our expertise leverages tools like Advanced Forensic Responder (AFR) and other methodologies to monitor our clients’ networks and provide early detection. A “win” in today’s cybersecurity landscape is characterized by minimizing the damage incurred due to early detection and quick remediation.

 

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