Nation-E Keynote Speaker James Woolsey to Speak at New York Cyber Security Summit
Cybercrime is constantly growing, however, the numbers suggesting where it may end up are staggering. It is estimated that by 2019 the cost of data breaches will be around $2.1 trillion. This is a problem that must be dealt with now. Time is of the essence and the longer things stay stagnant, that number can only grow. Planning must be done to shore up all loose ends and to reduce this number as much as possible. The top executives from cybersecurity companies are meeting at the New York Cyber Security Summit to begin the conversations necessary that may avoid this outcome.
Nation-E will be exhibiting at the event, offering insight into the company’s last mile cyber protection for critical infrastructure assets and IoT technologies in industrial systems. At 3:15 p.m., Nation-E CEO Idan Udi Edry will present during the summit’s Panel 3 discussion, which will highlight the emerging risks and major cyber threats to the banking, financial services and insurance (BFSI) sectors. This panel will discuss the ways organizations can protect critical assets through operational risk management and preventative measures, as well as defensive and monitoring technologies that identify and prevent cyber-attacks.
“The BFSI sectors continue to be victims of cyber-attacks. Every day, attackers are stealing assets, crashing computer systems and disrupting capital markets. But these aren’t the most damaging effects of a cyber-attacker,” said Edry. “We have reason to believe that the next terrorist attack against the U.S. will, in fact, be a cyber-attack on critical infrastructure – this kind of an attack is one that has the potential to kill millions. Organizations must learn how to protect their infrastructure before it is too late.”
Edry will also share what a proper cyber defense system should include, such as:
Modern IT security approaches in the operational technology ecosystems in order to secure inherent system vulnerabilities and firmly protect against cyber-attacks targeting critical assets.
Focusing on detection and mitigation of real-time breaches, while minimizing the operational and financial impact caused by malicious attacks.
Monitoring of operational technology traffic, enforce security policy, provide access control, and secure asset communications through authentication and encryption.
Seamless integration with existing customer platforms, both modern and legacy, as well as 3rd-party applications such as SCADA, Access Control, sensors and SIEMs.
James Woolsey, a national security and energy specialist, will be featured as a keynote speaker at the event and will speak at the summit’s cocktail hour. Speaking on Nation-E’s behalf, Woolsey will be giving closing remarks and sharing his insights on the current state of cybersecurity.
“Attacks on critical infrastructure can produce cascading effects far beyond the targeted sector and physical location of the attack, including the death of millions of Americans,” said Woolsey. “Protecting critical infrastructure is usually simple when doing it correctly. Organizations must protect their operational technology domain and identify the vulnerable, often invisible, parts of the network."
The Cyber Security Summit, an exclusive C-Suite conference series, connects senior level executives responsible for protecting their companies’ critical infrastructures with innovative solution providers and renowned information security experts. Attendees will have the opportunity to meet the nation’s leading solution providers and discover the latest products and services for enterprise cyber defense, such as Nation-E.
For more information about Nation-E and its last mile cyber protection for critical infrastructure assets and IoT technologies in industrial systems, please visit www.Nation-E.com. We also invite you to schedule a demo at our New York office – we’d love to see you! Make an appointment here: http://www.nation-e.com/Contact_Us#Schedule_A_Demo.