Cyber resilience unpacked at Panda Security Summit #PASS2018
Leading cyber security organisation, Panda Security, recently held its inaugural Security Summit, #PASS2018, in Madrid. The event hosted over 400 attendees, including CISOs and CIOs of large organisations across Europe, serving as a forum for discussions on the latest cyber security trends. The overall state of the sector was addressed together with insights into the latest threat trends and the need to adopt new security models.
The summit has cemented itself as an unmissable event through which business leaders have access to the tools and strategies they need to implement effective cyber resilience strategies in their organisations.
The theme of the event was cyber resilience, a concept identified by PandaLabs' most recent anti-malware report presented at #PASS2018. The report compiled predictions, trend analysis, and case studies of business cyber security in order to understand and apply cyber resilience at an organisational level.
Jos'e Sancho, president of Panda Security, opened the conference expressing his hope that this not be "just another cyber security conference", but rather an invaluable opportunity for business leaders from around the world to share insights and gather the tools they need to successfully protect their organisations from advanced threats. "We believe we can give a clear, objective view of this complex landscape, with its multitude of technologies, its varied interests, and its messages which aren't always objective," said Sancho.
Ian McShane, Research Director of Gartner, set the tone for the conference, explaining the key challenge going forward will be to reinforce prevention, particularly in your organisation's endpoint protection strategy. "The endpoint needs something more than an anti-virus; Endpoint Detection and Response (EDR) technologies are the key, as they offer a traceability which is indispensable for analysis and prevention," he explained.
Over the course of the conference, cyber security experts agreed that cyber resilience would only be achieved through the development of a comprehensive cyber security strategy. "It's vital for companies to have a strategy to be resilient as the likelihood of advanced attacks increases," explained Nicola Esposito, director of the CyberSOC EMEA Center at Deloitte. Esposito noted a key function of Deloitte's work in cyber security is investigation into the application of threat intelligence platforms, the creation of threat detection controls, and perimeter monitoring with automated alerts, but always with a fundamental role played by humans.
In summary, Pedro Ur'ia, Director of PandaLabs, Panda Security's malware research facility, outlined the keys for success in business security, protection and resilience. The shifting nature of cyber attacks, and the sophistication of hacker-driven attacks that don't use malware, require proactive threat hunting services, such as those offered by the Panda Adaptive Defense platform, explained Ur'ia.
The report: Cyber resilience: the key to business security, presented by PandaLabs at #PASS2018, considered the increase in the volume and severity of cyber incidents detected by the majority of companies has meant an increase in detection and response times.
The report's findings highlight the need for cyber security to be considered as a corporate risk management problem at board level. Organisations must continually review and adjust their processes, technologies, tools and security services in order to adapt to the evolution of threats.