meeting it security challenges in a fast-changing threat landscape"
TRANSCRIPT
Charles MokLegislative Councillor (Information Technology)
Meeting IT Security Challenges in a Fast-changing Threat Landscape2016.3.19 @ HPE Protect VIP Luncheon
data is everywh
ere
Rise of FinTech
IoT creates
new loopholes
Threat environment :Changing quickly, more complex
3
Coordinated attacks againstgovernments and corporations worldwide continue to grow in complexity and strength
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Hong Kong:6th most targeted economy of online threat in banking sector
Source: Kaspersky Lab, IT Threat Evolution in Q3 2015 Report
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Cyber security incidents more frequent
Hong Kong
4,928 security incidents reported in 2015
43% increase from 2014
Source: Hong Kong Computer Emergency Response Team Coordination Centre (HKCERT)
IT security awarenessis vital as ever
Nov 2015: Vtech was targeted by a data breach, affected 5 million customer accounts and children’s profiles
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Weapons of cyber attacks
DDoS attacks
Remote Access Trojan (RAT)
Malware
Ransomware
spear phishing
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IT challenges when Hong Kong is turning into a smart city
Connected devices and sensorsRogue
insidersLegacy softwares
Big data breaches
Outdated software and OS-based attacks
Mobile devices
Attacks on Cloud storage providers
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How should enterprises meet
IT security challenges in existing threat
landscape?
collect insight on threat indicators
and monitor emerging threats
Have a cloud and security strategy
investing in new capabilities and
functionality
conducting vulnerability scanning and penetration tests
strengthening security controls
strong oversight and enhance emergency
response
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The biggest infosecurity debate of our time:What is the future of encryption and privacy?
Thank [email protected]
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