insider-threats

What Security Threats Should You Expect In 2016?

Security Threats In 2016

Chief Information Security Officers (CISOs) are at the cutting edge of cyber security and are often the first to know when a security breach has occurred. Their ability to stay one step ahead of any potential threats is crucial to their line of work, so it’s immensely valuable to take note when 25 top CISO’s discuss their security predictions for 2016.

With cloud, mobile and social platforms all becoming the new normal, there are multiple risks to consider. Most of the experts picked up on themes such as Highly Orchestrated Attacks, a greater focus on Incident Response and a need for improved Cyber Liability Insurance.

security-community

Joe Adornetto, CISO of Quest Diagnostics, revealed that three of five largest data breaches of 2015 were in healthcare, while Roota Almeida of Delta Dental explained that was due to the fact that “No other single type of record contains so much Personally Identifiable Information (PII) that is often linked to financial and insurance information and can be used for various attacks.’’ More attacks of this nature will necessarily lead to companies seeking to “offload the risk to insurance providers”, says Almeida, before concluding that “Cyber insurance will gain velocity and popularity in the coming year”.

bret-arsenault

Microsoft’s Bret Arsenault explains that effective security measures don’t have to cost a lot of money. He says “Interestingly enough, the most effective preventative actions aren’t necessarily cost-prohibitive – like robust monitoring systems, proper employee training, and a strong identity lifecycle process.” Microsoft believes in empowering its employees to create a pervasive security culture so that they make safer decisions online. Grace Crickette of the San Francisco State University agrees: “We have found that engaging non-technical managers to help deal with implementation of a security risk assessment on an ongoing basis provides the relationships that we need to be able to improve rapidly.”

Simple things make a big difference in security. E-mail and internet browsing are ‘low hanging fruit to minimize breaches’, according to Napa County’s Gary Coverdale. His advice for 2016? “Be prepared, take advantage of quick wins by properly deploying aggressive cyber hygiene and start hardening your systems by taking advantage of ‘smart’ partnering with the appropriate vendors that have the right and cost effective solutions meeting your security, privacy, and compliance initiatives.”

IBM’s David Cass managed to sum up 2015 succinctly as a year of “escalating breaches for banking, healthcare, government, media and telecommunications. No industry sector was spared, and these attacks demonstrated their destructive capabilities. Nation-state activity increased to an all-time high, paving the road for the cyber security pact with China.” He expects more of the same in 2016 but is hopeful that international co-operation will mitigate the increased security threats.

None of the CISO’s interviewed were optimistic that security threats would recede in 2016 and all predicted far more intense focus from companies and individuals alike. Vanessa Pegueros of DocuSign has the final word. “In summary 2016, will bring more breaches, more attention from the top levels and more money being spent to solve the problems as consumers become increasingly less tolerant of their data being exposed in breaches.

By Jeremy Daniel

Jeremy Daniel

Jeremy Daniel is an author, online marketing strategist and a firm believer in the transformative power of mobile technology for emerging markets. Jeremy has written across various media platforms since 2001, from television to advertising to print, and spends most of his time in the beautiful city of Cape Town, South Africa.

CONTRIBUTORS

Open APIs Alone Won’t Change Banking

Open APIs Alone Won’t Change Banking

Open Banking API's Most people think of banks as one monolithic entity, but they are actually made up of hundreds ...
Why does the concept of airspace matter in the drone world?

Why does the concept of airspace matter in the drone world?

The Airspace Drone World Recently I was invited to continue a discussion started last year. The conversation was a roundtable ...
GDPR Compliance: A Network Perspective

GDPR Compliance: A Network Perspective

GDPR Compliance Regulations can be a tricky thing. For the most part, they’re well thought out in terms of mandating ...
WordPress Security 101 – Protecting Against Insider Threats

WordPress Security 101 – Protecting Against Insider Threats

Protecting Against Insider Threats Continued from part 1 of our 5 part Wordpress security series. A recent Breach Level Index report by ...
How Big Data Can Empower Native Ads

How Big Data Can Empower Native Ads

Empower Native Ads The realm of big data is expanding an astonishing rate, and its presence can be felt across ...
Cloudification - Budgets are Shifting Toward a “Cloud-first” and “Cloud-only” Approach

Cloudification – Budgets are Shifting Toward a “Cloud-first” and “Cloud-only” Approach

Cloudification and the Budget Shift Gartner has recently predicted that by 2020, a corporate "no-cloud" policy will be as rare ...
Future Data Scientists

Big Data: The Hot Commodity for Marketing in 2017 and Beyond?

Big Data: The Hot Commodity for Marketing Will the market for consumer data ever come to a breaking point? Let ...
The Next Wave of Cloud Computing: Artificial Intelligence?

The Next Wave of Cloud Computing: Artificial Intelligence?

Cloud Computing and Artificial Intelligence Over the past few years, cloud computing has been evolving at a rapid rate. It ...

NEWS

HPE CEO Whitman's surprise exit stumps Wall Street

HPE CEO Whitman’s surprise exit stumps Wall Street

(Reuters) - Shares of Hewlett Packard Enterprise Co (HPE.N) fell 6 percent on Wednesday after Chief Executive Officer Meg Whitman’s ...
EU privacy regulators to discuss Uber hack next week

EU privacy regulators to discuss Uber hack next week

BRUSSELS (Reuters) - European Union privacy regulators will discuss ride-hailing app Uber’s [UBER.UL] massive data breach cover-up next week and ...
OVH Announces New Hosted Private Cloud Offerings for US Market

OVH Announces New Hosted Private Cloud Offerings for US Market

OVH delivers next-generation services for hosted private cloud, disaster recovery, and hybridity leveraging industry-leading solutions RESTON, VA--(Marketwired - Nov 20, ...

SPONSORS

What Is Really Driving Cloud Adoption?

What Is Really Driving Cloud Adoption?

Driving Cloud Adoption Cloud adoption is growing at an astounding rate, with companies big and small undergoing digital transformation towards ...
AT&T Pinpoints 4 Key Elements To Achieving Security With The Internet of Things

AT&T Pinpoints 4 Key Elements To Achieving Security With The Internet of Things

Internet of Things Security The Internet of Things (IoT) is rapidly becoming a part of many of our business processes, ...
Visual Data Analytics Helps To Illustrate The Big Picture

Visual Data Analytics Helps To Illustrate The Big Picture

Visual Data Analytics We’re consistently hearing how valuable data is today, how important it is to the success of every ...