Here are some cool takeaways from the Cybersecurity Forum with Israel and the American South hosted by Baker Donelson at Georgia Tech. The conference was broad in scope and addressed a wide range of issues in Cybersecurity across people, process, and technology. Here are some of the most impactful sound bites from the forum:
- Today, 76% of CEO’s are concerned about a breach vs. 59% of CEO’s in 2014
- It takes an average of 200 days between a breach and when it is detected
- Security cannot be subordinate to delivery/operations. The CIO and CISO need to be on equal footing, otherwise delivery trumps security every time.
- Businesses do not know how to evaluate cyber-risk, which leaves them vulnerable
- Insider threats are best mitigated from a technology perspective by limiting the amount of access to information available to each person
- Social Media allows the coordination of cyber-attacks, which increases their scope and impact
- Cybersecurity diversity is increasing, with the Internet of Things there are more targets, which increases the attack surface
- Policy and legislation need to keep up with technology
- Regulation will not solve the cybersecurity problem; however, it helps companies manage the risk