ALISO VIEJO, Calif.--(BUSINESS WIRE)--A panel of cyber security experts from the federal, commercial, technology, and insurance sectors convened last week to discuss the impact of cyber threats on government and commercial organizations and best practices for mitigating the risks of cyber intrusions on their networks.
The special event, which was presented by Information Management Resources, Inc. (IMRI) and the Orange County Business Council, was moderated by IMRI CEO Martha Daniel and was attended by a diverse audience of senior leaders from a wide variety of industry sectors. Click HERE for photos. The panel of cybersecurity experts included:
- Chad Neale, Director of Cybersecurity and Privacy for PwC;
- Karl Pedersen, FINPRO West Zone Cyber and E&O Senior Advisory Specialist for Marsh LLC;
- Chris Pierce, Executive Vice President for Booz Allen Hamilton;
- Brenda Taylor, CTO, EVP, and Business Development for IMRI’s Cytellix division.
Daniel explained that while companies are increasing spending and dedicating more resources towards fighting cybercrime, cyber-attacks are on the increase, noting that 46 percent of attacks are focused on small businesses. “Twenty percent of network threats are unknown with devices such as smart devices from vendors, security systems, and network printers causing the majority of the problems,” she explained.
“Smart devices can unknowingly open up exposure to your network,” Taylor stated. “On average, you don’t know 20 percent of what is on the network.” Neale added, “You used to be able to secure the perimeter of the network, but the perimeter has become blurred by devices on the network like smart devices. Perimeter defense doesn’t work any longer.” Taylor also explained that cybercriminals can also potentially access your network through external vendors to whom an organization has outsourced operations.
Neale explained to the group that the pain that organizations feel from a cyber-attack is not from the initial breach, but comes from the period between the initial breach and when the organization discovers the breach. “It’s important to get monitors around key assets to stop the breach before you feel the pain.”
“Cybersecurity is a corporate issue,” Daniel stated. “It’s time to bring the team collectively together to address cyber risks to the company. Cyber threats are a global problem, and to combat it, we need to collaborate and share information.” Pierce suggested contacting competitors to see what they’re doing to mitigate cybersecurity risks in their organizations. “Cybersecurity is an industry-wide issue. We’re all in this together, and collaboration is key to addressing the problem.”
To learn more about IMRI, visit www.imri.com and follow us on Facebook, Twitter and LinkedIn. Learn more about our cyber security practice, Cytellix, at www.imri.com/cyber-security-cytellix/ and follow us on Twitter.
About Information Management Resources, Inc.
Headquartered in Aliso Viejo, Calif., IMRI has provided comprehensive cyber security, technology, program management, and engineering services to the federal government and companies in the public and private sectors for 25 years.
Ranked as one of the Fastest Growing Companies in America by Inc. Magazine, IMRI operates in 19 states and has delivered more than $160 million in contract awards. The company’s expertise has made it a trusted partner for many of the largest federal agencies as well as a growing base of clients in state and local governments and private sector industries ranging from banking and healthcare to manufacturing and entertainment.
Cytellix, the cyber security practice of IMRI, is the nation’s premier management consulting firm specializing in cyber security services and solutions that focus on situational awareness, security analytics, and continuous threat intelligence and monitoring.
Combining IMRI’s 25 years of expertise in technology, program management, and engineering, with cutting-edge real-time, context-driven security intelligence technology, Cytellix provides end-to-end protection for critical enterprise IT infrastructures for organizations in the federal and commercial sectors.