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Published byBenny Iskandar Modified over 6 years ago
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THE POWER OF INFORMATION SHARING AMONG BANKING INSTITUTIONS
Antoine Lawandos Assistant General Manager / CIO of BLOM Bank November 29th, 2017
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Nations are more and more keen to project their power in cyberspace
Cyber attacks at national levels
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Phishing attacks on the rise
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Critical infrastructure sectors
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THE POWER OF LESSONS LEARNED
“Fatal accidents per one million flights have decreased from 4 in 1978 to less than 1 in A similar, more disciplined approach has the potential to push down infosec failures too”. Brian Honan THE POWER OF LESSONS LEARNED
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There are several vectors on which to battle an adversary in cyberspace
Cyberspace battle
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“Threat intelligence sharing is considered a key element in preventing cyber attacks
Sharing of threat intelligence data
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Commercial applications
Internally produced Commercial applications Open source feeds ISACs Sources of threat intelligence data
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Strategic Operational Tactical Levels of information sharing
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“Quality matters more than quantity when choosing the cyber threat intelligence feeds”
“We need to rely on multiple intelligence feeds to enable multi-layer defense mechanisms and to maximize the chance of thwarting zero-days attacks” “Similar to a car’s braking system, Cybersecurity should not be perceived by businesses as Red Traffic Lights but rather as a confidence-bringing element to accelerate the pace of embracing digital”
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THANK YOU
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