Recent SC Congress emphasised on Cyber insurance and new approaches to security patches.
Experts discussed some of the current and emerging issues in cybersecurity.
Most of the panel on cyber insurance believed that the legal wording of policies, exclusions and other factors tend to make it a pricey policy which may not provide the expected benefits in the event of a data breach.
“I’ve never been a fan of insurance; getting the right coverage is always an uphill fight,” said Winn Schwartau, CEO of The Security Awareness Company. “We’ve been at war, but acts of nation-states are excluded by insurance, as are acts of war and acts of God. Is ISIS a nation-state?”
Same Old Cybersecurity Threats
Even though there are new, deeper threats, many cybersecurity vulnerabilities have existed for years which also exists today.
According to Jeffery Ingalsbe, CISO of broker management firm Flexible Plan Investments, in many way, there is nothing new under the sun.
“The problem is that companies are continuing to patch the same way. They’ve had problems with organization and prioritization of patches. They need to understand how to patch and unpatch so as not to impact the users,” Rushing said.
High Cybersecurity Standards
When it comes to securing the network, companies need to score closer to 99.9999 percent in order to be considered safe.
Test Security Software
Don’t try to integrate during proof of concept, or there could be other network issues, Richard Lafosse, CISO for Cook County, Ill added. “Evaluate more than one vendor and remember that the contract terms are king.”
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