Cybersecurity Threats and Opportunities in Latin America

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Presentation transcript:

Cybersecurity Threats and Opportunities in Latin America Andre Salgado, CISA CISSP CRISC

In a cyber-world

Could we have considered this?

How about this?

Car maintenance beyond oil and tire

Know your adversaries

Some cases

An attack will happen. It is only a matter of when. Even if an attacker fails 99 times out of 100, it is a success. Likewise, an organization that fails to protect itself 1 time out of 100 is considered a failure in regards to cyber security. Prevention is key in order to make your company a less attractive target. Detection and response are key elements for any cybersecurity plan.

The Risks. The Risks Lack of leadership and technical talent Significant share of Latin America population is not aware of cybersecurity risks Most countries are fighting digital crime with “analogic” laws Outdated / unlicensed software Organizations have not been successful at detecting attacks Existence of Shadow IT in many organizations. Process outsourcing solely focused on cost reduction.

The Threats. Ransomware Destructive Malware Electronic fraud Data Leakage Electronic fraud Business partner connections

The Opportunities An intelligence-led approach is fundamental Collaboration is an effective way to gather intelligence Latin America governments must start discussing cyber security with the general population Initial focus should be on privacy Discussion should evolve towards cyber-crime laws and regulations Law enforcement agents must be trained to operate in this new context Cyber crime has no boundaries. Nations must cooperate to legislate and fight it accordingly

Thank you! Slide 173: Thank you! Contact information: www.linkedin.com/in/andrealsalgado andre.salgado@citi.com