The move towards more regular remote working presents key challenges to organisations, including the potential social and financial impacts from business disruption, and the fundamental requirement for behavioural change to reduce this risk.
Our virtual Spring Seminar will explore the types of cyber crimes that are currently being committed, and look at the remedies and preventative actions that can be taken.
Programme (timings approx):
14.00 Welcome – Richard Hopkins, 3CDSG team
14.05 – 14.30 Current threats, how to mitigate against them and the government/law enforcement support for victims
Hinesh Mehta CISMP, Head of Cyber and Innovation at The Cyber Resilience Centre for West Midlands.
14.30 – 15.00 The impact of the pandemic on cybersecurity and the challenge that comes with remote working.
Dan Hyde, Partner, hcr, Licencing, Regulatory & Tax; Visiting Professor of Law at the University of London (Queen Mary) specialising in
Cyber & regulation
15.00 - 15.20 A speaker from MOD - Security policy for the Defence community
This session will look at the central role of security policy in Defence and its relationship with the supply chain, including developments
relating to the Defence Cyber Protection Partnership.
15.20 - 15.30 Networking in virtual break out rooms
Considered the jewel in the tech crown of the U.K economy, the cyber sector is now worth an estimated £8.3bn marking a 46% increase since 2017. This is not a sector in which size matters, 90% of the 1,221 active cyber companies are SMEs which generate 24% of the sector’s revenue.
With world leaders such as Darktrace calling the U.K their headquarters, we are firmly poised as a digital nation. So why is the U.K’s cyber sector booming? Because cybercrime is equally booming.
There can be little doubt that the U.K is home to talented, innovative and cutting-edge cyber companies and academic institutions that have received considerable investment as confidence grows and the importance of digital security is realised post-GDPR in 2018. Demand for cyber security products increased exponentially as the new data protection framework was implemented and the sanctions for breaches soared dramatically. As we awoke to the magnitude and sophistication of the cyber threats faced, investment flowed from both public and private sector sources to ensure our data was protected from the spectrum of actors.
The Three Counties in particular has felt the effect of this investment. Following the establishment of the £9mn Cyber Quarter, home to the Midlands Centre for Cyber Security, Herefordshire has been identified as the fastest growing hotspot for cyber security outside of London. The site joins the illustrious cyber community emanating from GCHQ in Cheltenham and the Malvern Cyber Security Cluster to put the Three Counties firmly on the global cyber map. With existing businesses growing, start-up businesses flourishing and new talent preparing to enter the sector – the Three Counties is a hub of cyber activity.
There should also be little doubt that cyber criminals have equally acted innovatively not only to increase the number of attacks but the sophistication and technology involved, engaging industry and criminals in a high stakes game of cat and mouse. Head of Cyber and Innovation at The Cyber Resilience Centre for the West Midlands, Hinesh Mehta CISMP, will provide expert guidance on what the current threats are, how to mitigate against them and the support you can expect from U.K. government and law enforcement.
Additionally, the Pandemic unquestionably created a high-risk environment for criminals. The overnight change to remote working without adequate training, policies or IT infrastructure created the perfect storm for actors to capitalise. Professor Dan Hyde of Harrison Clark Rickerbys and visiting Professor in Cyber and Regulatory Issues at the University of London (Queen Mary) will discuss the impact the Pandemic has had on cyber security and the particular challenges that remote working brings.
According to Trend Micro research, more than half (52%) of global remote workers have IoT devices connected to their home network and more than a third (36%) of those surveyed do not have basic password protection. With many such devices – especially from smaller brands – having well-documented weaknesses such as unpatched firmware vulnerabilities and insecure logins, the security implications of your corporate devices now being connected to the same network and vice versa are significant.
A recent Thought Leadership Report by hcr on Future Workspaces noted that levels of cyber crime increased exponentially during lockdown as hackers took advantage of weakened digital defences of home workers. As the lines between work and home networks continue to blur, smart home devices and their apps could represent a major weak link in corporate cybersecurity chains.
So with home working likely to remain standard practice even after the vaccine rolls out, how can you ensure your business is secure no matter where, how and what employees connect to it? And perhaps more importantly, how can you do so in a way that protects employee productivity versus simply locking them out?
By setting up comprehensive visibility as an essential foundation and then building machine learning and artificial intelligence on top, as well as training staff to adopt a security culture, your business can stay one step ahead of and reduce the threat of the home-connected IoT device – and much more besides.
The event will be fully virtual, and run from 1400 - 1530.
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