The Future of Cybersecurity: A Conversation with Oppenheimer Analyst Shaul Eyal

There’s no doubt that cybersecurity is a hot topic right now. From high profile breaches to behind-closed-doors meetings, everyone is trying to figure out the solution to this increasingly prevalent and damaging problem.

To cut through all the misinformation and get to the heart of the matter, INN reached out to an expert in the field of cybersecurity investing: Shaul Eyal, managing director at Oppenheimer. And so, without further ado, here’s the expert’s perspective on the future of cybersecurity.

Long history for cybersecurity

For many, it seems as though cybersecurity has just appeared on the scene, as major companies take public steps to embrace the sector. However, for those who have been closely monitoring the sector, it’s evident that cybersecurity’s roots go much farther back, for at least a decade. What’s changed in the interim is the quality of the technology being produced and, most significantly, the transforming attitudes of companies, governments, and organizations’ embrace of these technologies. Whereas once cybersecurity was an unexpected add-on to other tech solutions, now it is forming the core of these organizations’ technology blueprint. For the full article click here

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ST Electronics and SUTD launch first joint cybersecurity laboratory

SINGAPORE – Singapore Technologies (ST) Electronics and the Singapore University of Technology and Design (SUTD) launched a $44.3 million joint cybersecurity laboratory on Friday (May 13), which is aimed at researching and coming up new solutions to current and future cyberthreats.

The ST Electronics-SUTD Cyber Security Laboratory, in the university’s Changi campus, is supported by the National Research Foundation under the Corporate Laboratory@UniversityScheme. It  is the first laboratory under the scheme to focus on cybersecurity.

It will allow industry partners, such as cybersecurity engineers, to work with academics from the university on cybersecurity research and development. These solutions can then be commercialised and applied on an industrial or national level. For the full article click here

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RedSeal’s Rothrock: Cybersecurity must evolve, focus on resiliency to combat future threats

An ounce of prevention is worth a pound of cure. That’s a saying attributed to Ben Franklin.

But it’s a strategy that’s not working for cybersecurity, according to the CEO of a leading IT analytics company.

Companies are spending more on trying to prevent attacks, but as they spend more, the intrusions that make it through end up costing their businesses more as well. It’s a war, said RedSeal’s Ray Rothrock, and one organizations are losing.

“The strategy of prevention is not 100 percent efficient,” Rothrock said. “The data just proves it. Something new must come along.”

Rothrock recommends a strategy built around resilience. Since there’s no way to stop every hack or intrusion, businesses and other organizations should focus their energies on making their systems capable of running effectively even during an attack.  For the full article click here

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NC Army National Guard Honors ISA For Providing Industrial Cybersecurity Training At Cyber Shield 2016

On Wednesday, 11 May 2016, The North Carolina Army National Guard presented an award of appreciation on behalf of National Guard Bureau to the International Society of Automation (ISA) for its contributions in supporting Cyber Shield 2016, a nationwide training and assessment exercise designed to develop, train, and exercise cyber elements, threat analysis teams, incident handling, reporting mechanisms, and leaders.

More than 1,000 soldiers from the Army National Guard, Air National Guard and Army Reserve as well as airmen, Marines, sailors, and civilians representing 47 states and territories participated in Cyber Shield 2016, held 17-30 April 2016 at Camp Atterbury, Indiana. A core focus of the exercise was training cyber teams on network defense, forensic analysis, reporting and mitigation, and incident response through interagency partnerships and collaboration.

ISA was selected by the National Guard to provide hands-on industrial cybersecurity training based on its ISA/IEC 62443 series of industrial automation and control system security standards. The world’s only consensus-based series of industrial cybersecurity standards, ISA/IEC 62443 is designed to prevent critical damage to the industrial plant systems and networks used in power generation, water treatment, refineries and other vital industrial facilities. For the full article click here

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Security Innovation Takes Cybersecurity to the Next Level at 2016 China Telematics Event

Security Innovation’s Pete Samson, Senior VP and General Manager, will be speaking at the 3rd China Telematics and Connected Vehicle Summit 2016. Samson will be joined by fellow industry thought-leaders from CVTA, Green Hills and more in a panel discussion entitled How to Take Cybersecurity to the Next Level and Ensure the Safety of Telematics.

Wilmington, MA (PRWEB) May 13, 2016

What: Security Innovation’s Pete Samson, Senior VP and General Manager, will be speaking at the 3rd China Telematics and Connected Vehicle Summit 2016. Samson will be joined by fellow industry thought-leaders from CVTA, Green Hills and more in a panel discussion entitled How to Take Cybersecurity to the Next Level and Ensure the Safety of Telematics. Attendees will learn more about the relevance of security to functional safety of connected and automated vehicles, how cyber security risk management should be applied to telematics and how security software is updated over-the-air. Additional information about the session can be found here:http://ift.tt/1X6uLBj

Who: Since 2002, Security Innovation has been a trusted partner to organizations that want to understand where their applications are vulnerable and rollout a secure and repeatable software development lifecycle (SDLC). Security Innovation helps organizations protect sensitive data in the most challenging environments – IoT, web applications, mobile devices and in the cloud. By leveraging secure coding and embedded systems design skills, our experts help secure automotive communication systems, in-vehicle infotainment (IVI), over-the-air (OTA) updates, advanced driver assistance systems (ADAS) and any other electronic control unit (ECU). For the full article click here

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Cybersecurity: US House blocks access to Google services

WASHINGTON: The US House of Representatives’ information technology team has blocked the congressional chamber from accessing software applications hosted on a Google cloud service in an attempt to prevent possible hacking campaigns against lawmakers and their staff, according to two congressional sources.

The move came just days afterYahoo Mail was also blacklisted due to fears of ransomware infiltration.

The two restrictions, which have hampered some internal communications in the lower chamber of Congress, have both been implemented within the past two weeks and are still in place. The episodes are not believed to be related, the sources said. For the full article click here

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Dangerous Signals: Cybersecurity for the Music Devotee

The internet is dangerous, and music lovers certainly don’t have it any easier than anyone else. Torrenting has turned the internet into a wild west, and laws and ethics simply haven’t caught up to where the industry is. Streaming services pop up left and right, but it’s difficult to determine exactly where they are going. The internet has also allowed artists to come into their own, but theirs is one voice in a crowd of a million hopefuls, and getting noticed is a completely different game than honing your craft.  Your efforts and assets must be protected.

Chances are no one is going to hack your music collection or recordings from your hard drive, but that doesn’t mean you aren’t in danger. Your music might be valuable to some, and if hackers see an opportunity, they’ll take it or corrupt it. Others might try to take advantage of you and your musical hopes to try to scam you. For the full article click here

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