Posts Tagged ‘cybersecurity’

Opinion: Alex Manea (BlackBerry) on 4 Cybersecurity Trends of 2018

Friday, March 2nd, 2018

Based on countless conversations over the past 12 months with customers, partners, government officials, Blackberry’s internal cybersecurity experts, and leaders from both the security and research communities, Alex Manea – Chief Security Officer at BlackBerry – shares what he believes are the Cybersecurity Trends for 2018.

As BlackBerry’s Chief Security Officer, Alex Manea regularly speaks to Fortune 500 C-Suites and leaders representing the world’s top global brands, listening and learning about what security concerns keep them up at night. Alex also tries to spend just as much time speaking with security researchers – ethical hackers devoted to discovering security flaws and vulnerabilities.

As BlackBerry’s Chief Security Officer, Alex Manea regularly speaks to Fortune 500 C-Suites and leaders representing the world’s top global brands, listening and learning about what security concerns keep them up at night. Alex also tries to spend just as much time speaking with security researchers – ethical hackers devoted to discovering security flaws and vulnerabilities.

While many other things will impact the cybersecurity industry this year, I believe those I elaborate below will be some of the biggest trends for 2018.

Though these trends may seem bleak to some, they too present many opportunities and possibilities if we are well prepared.

So here goes…

#1: 2018 will be the worst year to date for cyberattacks

IT departments are being tasked to manage increasingly complex networks, support new types of endpoints, and protect more and more sensitive data.

Legacy systems are still rampant throughout most industries and cannot be easily upgraded or replaced.

“With 2017 being the worst year ever for cyberattacks, it is tempting to think that we have hit rock bottom, but what we have seen so far is just the tip of the iceberg.

The fundamental issues that have caused the majority of recent cyberbreaches have not been resolved.”

These systems often contain publicly known software vulnerabilities which can be exploited to penetrate the corporate network.

At the same time, attackers are getting increasingly sophisticated and have more incentives than ever to mount cyberattacks.

From building ransomware or mounting DDoS attacks and demanding bitcoin payments, to working with organised crime and even national governments, malicious hackers have numerous ways to monetise their skills and to protect themselves.

Governments and enterprises are recognising these new threats and deploying modern security solutions, but it will take years to decommission all of the legacy systems.

2018 will be yet another year where the shortcuts of the past come back to haunt us.

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StarHub grows Singapore’s Cyber Security ecosystem with COE

Wednesday, May 18th, 2016

The telco collaborates with industry partners, academia and public-sector organisations to strengthen Singapore’s capabilities in cyber security. StarHub and the COE partners will jointly invest S$200 million over the next five years to support a sustainable cyber security ecosystem.

At the launch of the initiative (from left): Thien Kwee Eng, Economic Development Board assistant managing director; Tan Tong Hai, StarHub chief executive officer; S Iswaran, Minister for Trade and Industry (Industry); and  Professor Yitzhak Ben-Israel, StarHub's Cyber Security Centre of Excellence. Photo: StarHub.

At the launch of the initiative (from left): Thien Kwee Eng, Economic Development Board assistant managing director; Tan Tong Hai, StarHub chief executive officer; S Iswaran, Minister for Trade and Industry (Industry); and Professor Yitzhak Ben-Israel, StarHub’s Cyber Security Centre of Excellence. Photo: StarHub.

StarHub has announced plans to grow the local cyber security ecosystem at the launch of its Cyber Security Centre of Excellence (COE) where S Iswaran, Minister for Trade and Industry (Industry), was the Guest-of-Honour.

“Cyber security is a top national and commercial security priority for Singapore as our Smart Nation vision takes shape, touching many aspects of our personal and business lives. StarHub is proud to work with top-notch partners to bolster the cyber security sector, which is important for a sustainable digital economy,” said Tan Tong Hai, StarHub Chief Executive Officer.

The COE established by StarHub, is supported by the Economic Development Board (EDB).

It serves as a hub for the cyber security ecosystem, bringing together the best of brains and expertise to tackle cyber threats, which are among other serious risks affecting economies globally today.

Internationally renowned security expert Professor Yitzhak Ben-Israel has been appointed as the Advisor to the COE, and he provides strategic advice and recommendations to the body.

Professor Ben-Israel is a member of Singapore’s Research, Innovation and Enterprise Council as well as the International Advisory Panel for Singapore’s S$130 million National Cybersecurity Research and Development Programme which was launched in 2015.

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Singtel launches Cyber Security Institute in Singapore

Tuesday, April 26th, 2016

The Singtel Cyber Security Institute (CSI) aims to hone cyber skills and preparedness of businesses and governments in Asia Pacific by providing holistic training for company boards, management, technology and operations personnel to deal with cyber attacks.

Update (18 May, 2016):

Competing telco StarHub announced plans to grow the local cyber security ecosystem with the launch of its Cyber Security Centre of Excellence (COE).

* All photos in this article provided by Singtel.

Chua Sock Koong, Group CEO, Singtel Group, giving her opening remarks at the launch of the Singtel Cyber Security Institute.

Chua Sock Koong, Group CEO, Singtel Group, giving her opening remarks at the launch of the Singtel Cyber Security Institute.

The CSI is a hybrid between an advanced cyber range and an educational institute.

“Based on our engagements with companies in Singapore, more than 85% do not have robust cyber response plans nor the opportunity to conduct realistic drills to test and sharpen such plans. This lack of cyber preparedness is worsened by the severe global shortfall of trained cyber security experts, which Forbes puts at some 1 million in 2016. This is why we’ve stepped up to the plate. We know we have to help companies secure themselves against a potential slew of increasingly sophisticated cyber attacks,” said Bill Chang, Chief Executive Officer, Group Enterprise at Singtel.

Singtel boasts that the CSI is the first-of–its-kind in the region to test and train companies in dealing with sophisticated cyber threats.

Housed in a permanent space of over 10,000 sq ft, the institute provides cyber skills development and education programmes tailored to the varying needs of company boards, C-suite management, technology and operational staff.

Boards and C-suite level participants will be trained in the areas of cyber threat awareness, risk management, business continuity planning and crisis communications preparation.

The cyber operations team will be trained in defence and response capabilities to sharpen their skills.

In conjunction with the launch of the CSI, Singtel announced that it is the first company in Singapore to work with the Infocomm Development Authority of Singapore on the Cyber Security Associates and Technologists (CSAT) Programme to train infocomm professionals in cyber security.

Dr Yaacob Ibrahim, Minister for Communications and Information, delivering his speech to open the new Singtel Cyber Security Institute.

Dr Yaacob Ibrahim, Minister for Communications and Information, delivering his speech to open the new Singtel Cyber Security Institute.

Under this programme, Singtel will train fresh infocomm technology professionals and equip them with basic cyber security skills.

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Online bullying more worrisome than physical playground bullying, says Norton

Tuesday, March 1st, 2016

52% of Millennial parents in Singapore surveyed believe their children are more likely to be bullied online than on a playground and 56% worry their children will give out too much personal information to strangers.

Norton Cybersecurity Insights Report reveals children are the weakest link in family cybersecurity.

Norton Cybersecurity Insights Report reveals children are the weakest link in family cybersecurity.

Findings from the Norton Cybersecurity Insights Report 2015 highlighted parental concerns about their children in the online world.

“In the last year, Norton has seen the online safety awareness levels of parents increase rapidly as technology firmly cements itself in the family home,” said Gavin Lowth, Vice President, Norton Consumer and Small Business, Asia Pacific and Japan.

Cyberbullying, online predators and privacy are some of the biggest issues parents in Singapore are grappling with as bullying moves from the playground to the online world.

Parents are concerned about their children being lured into meeting a stranger in the outside world (52 percent) and more parents are worried that their children will be bullied online (46 percent) than if their children take on the role as the online bully (38 percent).

The Norton Cybersecurity Insights Report is an online survey of 17,125 device users aged 18+ across 17 markets, commissioned by Norton by Symantec.

A photo posted by John Tan (@tech4tea) on

“Parents are grappling with Cyberbullying, Online Predators and Privacy in Singapore,” said Gavin Lowth (in the photo), Vice President, Norton Consumer and Small Business, Asia Pacific and Japan; at the Symantec office in Suntec City in Singapore.

Children are the weakest link in family’s online security

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SingTel and FireEye launch Managed Defence Solution in APAC

Tuesday, October 7th, 2014

The partnership will see both companies invest up to US$50 million over the next five years to launch the first Managed Defence Solution powered by FireEye in APAC to help enterprises contain rising cyber-attacks.

Bill Chang (left), CEO, SingTel Group Enterprise and David DeWalt (right), Chairman of the Board and CEO, FireEye.

Bill Chang (left), CEO, SingTel Group Enterprise and David DeWalt (right), Chairman of the Board and CEO, FireEye.

The money will be used to build infrastructure, recruit people and to train them into security experts.

This initiative is part of the overall cyberdefence strategy that SingTel has envisaged in the modern threat environment.

The strategic partnership between SingTel and FireEye promises to enhance the cyber security eco-system in Asia Pacific and will cover:

  • Significant investments related to new Advanced Security Operation Centres (ASOCs) in Singapore and Australia.
  • The launch of the first SingTel Managed Defence solution powered by FireEye in APAC.
  • Building up cyber security expertise, including training up to 150 professionals to operate the ASOCs.
  • Setting up new data stores in the region.
  • Increasing awareness and knowledge of next generation cyber threats through the biannual APAC-focused threat advisory reports by SingTel and FireEye.

More details on each of the above facets of the partnership can be found below, extracted from the press release.

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Palo Alto Networks on protection against IE vulnerabilities

Sunday, July 20th, 2014

Earlier this month, Palo Alto Networks discovered ten critical vulnerabilities in Internet Explorer browsers, underlining the importance for businesses to focus on knowing the risk of running vulnerable software.

Check out five core concepts on how to protect your organisation against vulnerabilities.

Check out five core concepts on how to protect your organisation against vulnerabilities.

Sharat Sinha – Vice President, Asia Pacific for Palo Alto Networks – shares his views on how businesses and organisations can protect themselves against malicious attacks and avoid compromises to their network security.

Below are Sinha’s views.

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Palo Alto Networks on the Personal Data Protection Act in Singapore

Tuesday, July 1st, 2014

The Personal Data Protection Act (PDPA) comes into force in Singapore tomorrow (Wednesday, July 2). Sharat Sinha – Vice President, Asia Pacific for Palo Alto Networks –  shares his views on what this means for businesses in Singapore and how this relates to cybersecurity.

“Following the Singapore Government’s introduction of its five-year National Cybersecurity Masterplan last year, the introduction of PDPA will work to further strengthen Singapore’s position and reputation as a trusted, world-class hub for business,” says Sinha.

“Following the Singapore Government’s introduction of its five-year National Cybersecurity Masterplan last year, the introduction of PDPA will work to further strengthen Singapore’s position and reputation as a trusted, world-class hub for business,” says Sinha.

The PDPA (Personal Data Protection Act), which comes into force on Wednesday July 2, aims to safeguard individuals’ personal data against misuse by regulating its management by companies.

The Act is based on the understanding that individuals have the right to be informed of the purposes for which organisations are collecting, using or disclosing their personal data, giving individuals more control over how their personal data is used.

It recognises both the rights of individuals to protect their personal data, including rights of access and correction, and the needs of organisations to collect, use or disclose personal data for legitimate and reasonable purposes.

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Seven cyber security myth busters from Symantec and Norton

Friday, May 17th, 2013

Based on data from the recent annual 2013 Internet Security Threat Report, Volume 18, Symantec debunks seven of the most commonly held myths around cybersecurity.

Infographic from Symantec and Norton to debunk the top 7 cybersecurity myths. Click to view enlarged version.

Infographic from Symantec and Norton to debunk the top 7 cybersecurity myths. Click to view enlarged version.

Contrary to the popular belief that staying away from risky sites will is enough to protect your computer – did you know that 61% of malicious sites are actually legitimate websites that have been compromised and infected with malicious codes?

At the same time, do be extra careful when accessing your social networks – be on the lookout for scams involving fake gift cards and surveys as these comprise 56% of attacks on social media.

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