Cyber & IT Supervisory Forum - November 2023

Mitigating Current Threats

Rise in Double/Triple Extortion & Automatized Campaigns

Ransomware Trends (2023 )

70% Increase in Attacks

Segmentation: Implement network segmentation to limit ransomware spread.

Backup & Recovery: Regularly back up data with robust recovery plans.

Threat Intelligence: Use real-time threat intel for prediction & prevention.

Mitigation Techniques

7

Need for a Proactive Approach in Cybersecurity

Shift from reactive to anticipatory thinking to proactive and early warning Understanding the cost of prevention vs. the cost of response

Anticipating Threats

Leveraging intelligence for staying ahead of cyber threats Transforming cybersecurity into a strategic advantage, not just a cost center

Strategic Advantage

Implementing proactive measures as part of enterprise risk management Alignment with business objectives for effective risk mitigation

Risk Management

Focus on advanced awareness of directed threats Leveraging early warning threat intelligence for early detection

Early Detection

Stressing the importance of continuous vulnerability assessments Conducting red team exercises to strengthen defenses proactively

Enhanced Readiness

Highlighting examples of successful proactive cybersecurity measures Building upon these successes for future resilience

Proactive Successes

8

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