Step 1: Cyber Security Awareness
Most of us started in security when an in-depth architecture brought forward a mix of physical and logical controls aimed to demonstrate due diligence and stay ahead of the compliance police. Few had to deal with electronic crimes and none had to deal with the magnitude of the problem we face today.
It’s time to take off your rose colored glasses and prepare with Cyber Security.
The financial industry took notice some time ago and has offered their observations on the state of Cyber Security preparedness within the industry. Institutions must enhance your (1) Risk Management and Oversight, (2) Threat Intelligence and Collaboration, (3) Cyber Security Controls, (4) External Dependency Management, and (5) Cyber Incident Management and Resilience, with the eye to electronic crime.
Besides, there is TOO MUCH to LOOSE not to prepare. A recent SANS survey brings the issue home. Cyber Security saves money.
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