October has been a busy, invigorating, and charitable month for us here at TDI and we’ve been hard at work on producing some big content that we will announce soon. Here are the highlights of our regular blog content, but keep an eye out on our blog page, Twitter, and LinkedIn to see the latest from us.
This month we’ve focused largely on cybersecurity issues plaguing the board, ransomware in financial services, and an as-of-yet unannounced industry report. We held a panel for DC CyberWeek titled “Cybersecurity in the Boardroom: How to effectively report to the board”. We also participated in this year’s virtual Race for Every Child to raise money for the Children’s National Hospital, continuing our multi-year tradition of raising money for such a good cause.
[October 7th, 2021] Cybersecurity in the Boardroom: How to effectively report to the board—On October 20th, during Cyberweek, we held a virtual event titled “Cybersecurity in the Boardroom: How to effectively report to the board“. This was a panel style event and was moderated by Byron Davis, the CISO at UT Southwestern Medical Center. The panelists include:
- Bryan Galloway – Director, Information Security of Enphase Energy
- Tony Cole – CTO of Attivo Networks (and on multiple boards)
- Deborah Dunie – Former EVP & CTO of CACI (and on multiple boards)
Check out our initial post here.
[October 21st, 2021] Cybersecurity in the Boardroom Webinar Recap— For this year’s DC Cyberweek, we held a webinar titled “Cybersecurity in the Boardroom: How to effectively report to the board“ on October 20th. It was panel-style event focusing on how companies can best communicate cybersecurity issues to the board, how a shared understanding of risk tolerance is key in prioritizing cyber initiatives, and how good reporting processes can help bridge the gap between the cyber-savvy CISO and the less savvy board members. Check our the full blog post, and the recording of the event, here.
.[October 28th, 2021] Ransomware in Financial Services— With the rise of ransomware globally, every organization has been feeling the pressure; but fewer have felt the pain quite like financial institutions and financial service providers. With the emergence of ransomware-for-hire and the global proliferation of ransomware like LockBit 2.0, financial services need to be more alert than ever. According to Sophos, 34% of financial services that were surveyed indicated that they had been hit by Ransomware in 2020, and 51% of those attacks succeeded in encrypting organizational data. These attacks are not solely the concern of financial service organizations; however, the financial service market must be particularly vigilant because of the assets under their management and the sensitivity of the data they are charged with protecting. See the rest of the blog post here.