Cybersecurity risk is not just a buzzword - it has become one of the most major concerns for board members in companies around the world. In Deloitte’s ‘Global risk management survey’, which provides findings on the state of risk management for the global financial services industry, cybersecurity risk has been reported to be one of the greatest risk concerns.
What is the relationship between cyber risk and the dark web? Some hackers try to hack systems and steal information not only for financial profit but also to gain ‘respect’ from their community of the dark web. After they steal the information, they upload it on the dark web so other people can recognise their ‘achievement’.
Another reason why hackers steal information is to request a ransom from the company being attacked and also to sell the data they steal on the dark web. However, since the ransom is usually sufficient, data is sold at a cheap price. The problem is that, throughout the hacking process, both clients and the targeted company are often unaware that their data has been stolen. By the time the attack is uncovered it is usually too late for both the company and victims (the clients) to act and reverse their loss.
Undoubtedly, cyber security will continue to dominate the regulatory and strategic agenda in the coming years. In an increasingly digital operating environment, businesses will need to up their game around cyber risk, especially in terms of investment in people, training and awareness as well as infrastructure
Programme Agenda
Session 1 : 0930-1015 Hrs
Why Cyber Security Risk Governance is critical for Board Members to understand and appreciate in the current scenario of digitalising activities that support the core business of companies today
Prof S Raghunath,
Chairman, CCGC-IIMB
BREAK : 10.15-10.30 Hrs
Session 2 : 10.30-11.15 Hrs
The Dark Web and the threats to critical infrastructure
Mr. Tobby Simon, Founder & President, Synergia Foundation; Commissioner - Global Commission on Internet Governance and Cyber Security
BREAK : 11.15-11.30 Hrs
Session 3 : 11.30- 12.15 Hrs
How to create Cyber-resilient culture
Ms Corien Vermaak, Cyber Security Specialist, CISCO, Sydney
BREAK : 12.15-12.30 Hrs
Session 4 : 12.30-13.15 Hrs
The board members Cyber Security Check-List
Ms Corien Vermaak, Cyber Security Specialist, CISCO, Sydney
Closing : 13.15-13.20 Hrs
Mr. Tobby Simon
Ms Corien Vermaak
