As presented by Freddie Heygate at the Cyber Security event on the 12th of December 2013

1. Your security will be challenged
What are you going to do about it?

2. A dark cloud as been hanging over Singapore!

3. 80%

4. 80%
80% of Internet users in Singapore have
experienced cyber crime, the fourth highest
rate in the world

5. US$944 million

6. US$944 millionConsumer cybercrime costs Singapore the
equivalent of $944 million

7. Not to mention these jokers…

8. Consumers are careless.

9. Consumers are careless.
41%

10. Consumers are careless.
41%Don’t use complex passwords or change their
passwords regularly

11. And it hurts.

12. And it hurts.
US$1,158

13. And it hurts.
US$1,158
Average cost to Singaporean consumers is
US$1,158compared to a global average of $197

14. 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

15. But businesses cannot afford to be!
Average cost to a business for cybercrime
$1,035,769 USD

16. 2 cautionary tales

17. Sony PlayStation

18. Unencrypted data
77m accounts stolen
Network down for 24d
Costs of $171 million
The biggest data breach in history

19. Unencrypted data
77m accounts stolen
Network down for 24d
Costs of $171 million
The biggest data breach in historySorry!

20. October 3rd, 2013
2.9 Million
Customers details
stolen

22. All of this was
PREVENTABLE.

23. And worse still, they
both stalled & denied the
scale of the problem!

24. But businesses cannot afford to be!

25. • 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

26. But where humans are concerned there’s no
such thing as 100% secure. Plan for that too!

27. Your security will be compromised

28. Your security will be compromised
“How you retrieve
the situation is
what matters”

29. Your security will be compromised
Plan for the worst
• Scenario Testing
• Response Plan
• Training & Preparation

30. Remain calm, communicate
quickly and effectively.

31. Always try to stay one step ahead of the game

32. Always try to stay one step ahead of the game

33. Thanks