Logical Security

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Twenty years ago, almost everything in the IT world was on-premises: hardware and software, including the tools you used to verify who your users were and what they could do in your systems. In today’s cloud-native world, almost nothing is on-prem, and because of the explosion of apps, remote users and devices, it has become a considerably more complicated task, by orders of magnitude, to verify the identity of a user — or a service — and determine policies that say what they are and aren’t allowed to do.

Organizations need to evolve their thinking around cybersecurity to stay ahead of these changing threats. A holistic approach that effectively builds security into all infrastructure and processes from the ground up is cost-effective and necessary to safeguard valuable employee and customer data. This requires an overall shift in philosophy – and adopting the concept of security by design is a key first step. 

Security fears linger around the wildly popular, Chinese-owned social media platform TikTok, and discussions are in the works for the platform to potentially be acquired by Microsoft. Should users be concerned in the interim? Will a change of ownership to a U.S.-based company allay security and privacy fears?

Eric Holmquist joined Customers Bank as Executive Vice President and Chief Risk Officer. Holmquist has more than thirty-five years of financial industry expertise, spanning enterprise risk management, executive reporting, information management programs, and is skilled in creating operational efficiency and risk alignment.

Congratulations to John "JT" Mendoza, one of our 2019 Most Influential People in Security awardees, who is retiring from federal government service after 22 years. He will be joining CGI as Director of Global Security, primarily responsible for establishing a global insider risk management program.

COVID-19 has completely changed our world from six months ago, as we continue to battle the grave health implications, face extended stay at home orders, and grapple with the insurmountable ramifications on our economy. The pandemic has also forever changed the cyber threat landscape, with our workforce becoming more dispersed, and potentially more vulnerable, than ever as organizations switch out of the confines of their offices and move entire data streams to their laptops and home offices. On top of this, Salesforce has announced it is ending its Data Recovery service on July 31st, which is putting all of the data protection responsibilities, and the dire consequences that comes along with it, on the backs of the customer. 

To address this current losing war with cyberattackers, the future of cybersecurity requires augmenting the current focus of “indicators of compromise” with “indicators of exposure & warning” in real-time. Where the measure would be to gauge the shift of incident management that would tilt on managing more incidents at warning stages than on compromise stages. It is imperative to build an AI engine to perform this very task as that would be the only way to perform in real-time, scale with the growing nature of cloud as well as to cover the evolving nature to attack scenarios.