Cyber Security & Cyber Security Threats

1
Importance Of Cyber Security

• How To Avoid CyberSecurity Threats

2
Introduction

• In the ever growing battlefield of cyber
  security, it is nearly impossible to quantify the
  reasons why cyber security is important. Allowing
  malicious threats to run amok anywhere, at any
  time, and in any context is far from acceptable,
  and it especially applies to the intricate web of
  customer and company data that cyber security
  teams are striving to protect.

3
Progressive Devastation
4
Cyber Security Strategy

• In the never ending battle of good versus evil,
  doubling down on an effectively calculated cyber
  security strategy is paramount. There are a
  multitude of reasons to invest in new cyber
  security innovation for security operations
  teams, but we are going to break it down to a few
  important points

5
Attack Frequency

• Start with the bare facts. Over the course of
  2015, it was estimated that over 700 million data
  records had been compromised. Pairing this with
  the fact that the estimated cost of cybercrime is
  estimated to rise to over 2 trillion by 2019
  (and costs around 400 billion annually now), the
  prospects for teams in charge of cyber security
  are daunting. The frequency of attacks today is
  unprecedented. The threats are evolving at such a
  rapid pace that those wholly invested in the
  security industry have a hard time keeping up.

6
We Are More Vulnerable

• Despite the rise of the security industry, and
  its abundance of new companies joining the effort
  to combat the ever expanding world of threats, we
  are collectively vulnerable. Taking into account
  new technologies that are of great convenience
  (e.g. the cloud, big data, etc.), it becomes
  transparent why we should be more reserved than
  ever. Cloud hacking, for example, does not place
  so high on the hierarchy of difficulty in the
  world of hacking.

7
Cyber Security Importance

• When considering what to do about the increasing
  attacks, their potential for devastating impact
  and the fact we are now more vulnerable, it is
  more than clear why automated cyber security is
  of growing importance. Compounding that with the
  fact that the industry has a low turnout of
  manpower to build responses against such attacks,
  it is doubly true.

8
Conclusion

• To say the least, both the Ukrainian government
  and Tesco Bank would have been better suited to
  lessen the devastation of these attacks with an
  cohesive cyber security strategy with a pointed
  security orchestration and automation. That is
  why cyber security processes, procedures and
  efficient SOC teams play such a pivotal role
  throughout the industry landscape. Attacks will
  continue to happen will certainly scale larger
  and more costly. While it is not the most
  comforting narrative to grasp, it is a narrative
  that the industry as a whole needs to adopt in
  order to prevent a continual loss of assets,
  revenue and data. Make the risk not worth it.