Most Influential Cybersecurity Leader to Follow in 2024

1. VOL: 07 ISSUE: 36 Most Influential 2024 Cybersecurity Leader To Follow in 2024

5. Human Error: The Achilles' Heel of Cybersecurity ybersecurity has become a pressing concern in our technology-driven era. As cyber threats become more complex and widespread, C organizations face daunting challenges in safeguarding their sensitive data and systems. Cybersecurity leaders are at the heart of this battle, playing a pivotal role in protecting businesses and institutions from these emerging dangers. These professionals are at the forefront of developing and implementing robust security strategies. They meticulously assess vulnerabilities, implement cutting- edge technologies, and create comprehensive incident response plans. By staying one step ahead of the ever-evolving threats, cybersecurity leaders help organizations build resilience and fortify their defenses against attacks. Moreover, they foster a culture of security awareness within their organizations, educating employees about best practices and potential risks. Their expertise extends to ensuring compliance with data protection regulations and industry standards, which are crucial in maintaining the trust and integrity of digital ecosystems. Cybersecurity leaders also collaborate with law enforcement agencies and industry peers to share threat intelligence and improve overall cybersecurity posture across sectors. Their tireless efforts are instrumental in maintaining trust in digital ecosystems and ensuring the continuity of business operations in an ever-changing threat landscape. Their dedication and expertise are vital in safeguarding the digital future of organizations and individuals alike. As we sail this developing digital battlefield, implementing multi-factor authentication, regular security training, and AI-driven threat detection will be crucial for mitigating risks and safeguarding sensitive data. In its latest edition, "Most Influential Cybersecurity Leaders to Follow in 2024," Insights Success showcases Shariza Umira Puteri Kamarozzaman, who exemplifies the principles of innovative leadership in cybersecurity. As the Section Head of Information Security, Security Operations Center at AEON Credit Service (M) Berhad, Kamarozzaman has been instrumental in implementing progressive security protocols and fostering a culture of cyber awareness. Have a great read ahead!

7. Shariza Umira Puteri Bin? Kamarozzaman: Leading the Charge in Cybersecurity 6. Digital Forensics: Tools and Techniques for Cybercrime Inves?ga?on 16. Cybersecurity Awareness and Educa?on: Empowering Employees to Protect Against Threats 18. Challenges of Third-Party Risk Management and How to Overcome Them 20.

18. Tools and Techniques for Cybercrime Investigation oday, where information is the complete image of a storage the legal admissibility of digital new currency, cybercrime has device allows for thorough evidence requires meticulous T become a pervasive threat. To analysis without risking data documentation and adherence to strict combat this, digital forensics emerges corruption. chain-of-custody protocols. as a critical discipline. It involves the • Network Forensics: Examining meticulous collection, preservation, network traffic to identify The Role of Digital Forensics in analysis, and presentation of digital suspicious activities, track data Cybercrime Investigation evidence to uncover the truth behind flow, and pinpoint the source of cybercrimes. attacks. Tools like Wireshark and Digital forensics plays a pivotal role in NetFlow are invaluable in this combating cybercrime. By providing What is Digital Forensics? process. concrete evidence, it helps law • Mobile Device Forensics: enforcement agencies apprehend Digital forensics is essentially the Extracting data from smartphones cybercriminals, protect victims, and application of investigative and and other mobile devices, which deter future attacks. Moreover, it aids analytical techniques to gather and often contain a wealth of in developing effective cybersecurity preserve evidence from computer information about users' strategies by understanding the tactics systems and networks. It encompasses activities. employed by adversaries. a wide range of activities, from • Cloud Forensics: Investigating recovering deleted files to analyzing cloud-based services and As the digital landscape continues to network traffic patterns. The goal is to applications to gather evidence expand, the importance of digital reconstruct the timeline of events, stored in the cloud. forensics will only grow. By identify perpetrators, and build a strong • Digital Evidence Analysis: This harnessing the power of advanced tools case for prosecution. involves scrutinizing recovered and techniques, investigators can stay data to identify patterns, ahead of cybercriminals and ensure a Key Tools and Techniques anomalies, and potential safer digital world. evidence. Tools like Autopsy and Digital forensics experts employ a Cellebrite assist in this process. Conclusion variety of specialized tools and • Malware Analysis: techniques to unravel the complexities Understanding the behavior of Digital forensics is a complex and of cybercrime investigations. malicious software to determine demanding discipline that requires • Data Acquisition: This involves its origin, purpose, and impact. specialized expertise. By creating exact copies of digital • Steganography Detection: understanding the tools and techniques media, such as hard drives, Uncovering hidden data used in this field, we can appreciate the smartphones, and servers, without embedded within images, audio, critical role it plays in uncovering the altering the original data. Tools or video files. truth behind cybercrimes. As like FTK Imager and EnCase are technology evolves, so too will the commonly used for this purpose. Challenges in Digital Forensics methods employed by digital forensic • File Recovery: Even deleted files Digital forensics is a constantly experts to combat the ever-changing can hold crucial evidence. Tools evolving field, facing numerous threat landscape. like Recuva and PhotoRec can challenges. The rapid advancement of recover lost data, helping technology, the increasing investigators piece together the sophistication of cybercriminals, and puzzle. the vast amounts of data to be analyzed • Disk Imaging: Creating a pose significant hurdles. Additionally, 16 July, 2024 www.insightssuccess.com

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20. CYBERSECURITY AWARENESS AND EDUCATION Empowing Employees to Prote Against Threats Currently, where businesses heavily as phishing, malware, Employees should be encouraged rely on technology, cybersecurity has ransomware, and social to report any suspicious activity become an indispensable component of engineering. They should be able without fear of reprisal. operations. While robust technological to recognize the signs of defenses are essential, the human suspicious activity and Making Cybersecurity Awareness element often remains the weakest link understand the potential impact of Engaging and Effective in the security chain. This is where these threats. cybersecurity awareness and education • Strong Password Management: To ensure maximum impact, come into play. By empowering Encouraging employees to create cybersecurity awareness training employees with the knowledge and complex, unique passwords for should be engaging, interactive, and skills to recognize and respond to different accounts is crucial. tailored to the specific needs of the cyber threats, organizations can Promoting the use of password organization. Here are some effective significantly bolster their overall managers can simplify this strategies: process and enhance security. security posture. • Interactive Training Modules: • Safe Email Practices: Employees Employing interactive elements should be trained to identify The Human Factor in Cybersecurity such as quizzes, simulations, and phishing emails, avoid clicking role-playing can enhance learning Cybercriminals are becoming on suspicious links or and retention. increasingly sophisticated in their attachments, and report • Real-World Examples: Using tactics, often exploiting human error to suspicious activity promptly. real-world examples of gain unauthorized access to systems • Data Protection: Emphasizing the cyberattacks can help employees and data. Phishing attacks, social importance of protecting sensitive understand the consequences of engineering, and other deceptive information is vital. Employees their actions and the importance techniques are prevalent, making it should be aware of data handling of staying vigilant. imperative to equip employees with the procedures, access controls, and • Regular Refreshers: ability to identify and avoid these the consequences of data Cybersecurity threats evolve threats. breaches. rapidly, so it's essential to provide • Mobile Security: With the regular training updates to keep The Importance of Cybersecurity increasing use of mobile devices employees informed. Awareness Training for work purposes, employees • Phishing Simulations: should be educated about mobile Conducting simulated phishing A comprehensive cybersecurity security best practices, including attacks can help employees learn awareness program is essential for app security, device protection, to identify and report suspicious creating a culture of security within an and data backup. emails. organization. It involves educating • Social Media Awareness: • Leadership Buy-In: employees about various cyber threats, Employees should be made aware Demonstrating support from top their potential consequences, and best of the risks associated with social management is crucial for practices for prevention. Key media platforms, such as sharing fostering a security-conscious components of effective training personal information and falling culture. include: victim to scams. • Understanding Cyber Threats: • Incident Reporting: Establishing Employees should be familiar clear procedures for reporting with common cyber threats such security incidents is crucial. 18 July, 2024 www.insightssuccess.com

21. Conclusion Cybersecurity awareness and education are fundamental to protecting an organization from cyber threats. By investing in comprehensive training programs and promoting a culture of security, businesses can significantly reduce their risk of falling victim to cyberattacks. Remember, employees are the first line of defense, and empowering them with the right knowledge and skills is essential for safeguarding sensitive information and maintaining business continuity. 19 July, 2024 www.insightssuccess.com

22. CHALLENGES OF THIRD-PARTY RISK MANAGEMENT AND HOW TO OVERCOME THEM hird-party risk management Lack of Visibility into Third-Party assessments and questionnaires help has become increasingly Practices better understand their controls. T important for businesses today. Regular site visits, audits, and testing With companies relying more on third One of the biggest challenges for procedures also provide visibility. parties like vendors, suppliers, and businesses is the lack of visibility into Being proactive and asking third partners, they are exposed to a third party’s policies, procedures, and parties to get independent validations significant risks if these relationships controls. Without an understanding of like SOC 2 reports can also help gain are not properly managed. per cent of how third parties operate, manage assurance. Once the veil is taken off businesses believe that third-party internal risks, and handle sensitive from the third parties and everything misses actually resulted in operational data, it is difficult to gauge the level of becomes crystal clear then it becomes disruptions. risk exposure. Many third parties may easier for businesses to grade third not be transparent about their practices parties into risk categories. While third-party relationships can or may have immature risk provide tremendous value, they can management programs. Building Resource Intensive Risk Assessments also expose businesses to visibility into their operations, cyber cybersecurity, financial, regulatory, and maturity levels, and risk culture is While assessing third party risks is reputational risks if not handled crucial but difficult without their critical, the process can be quite carefully. The stakes are so high that cooperation. intensive in terms of time, effort, and more and more businesses are resources. Large organizations may embracing robust third-party risk Lack of visibility is often the first have thousands of vendors and management frameworks for their challenge of third-party risk conducting in-depth risk assessments business. management. The unclear and shoddy on each can be extremely challenging. picture of third-party ethics and The dynamic nature of third-party relationships also means that Nowadays, there has become a web of practices make it difficult to frame and assessments have to be updated interconnectedness that large scale the third parties according to regularly. businesses rely on third parties for third party risk management some functions while third parties rely framework. Businesses can deal with this by on fourth parties for some of their adopting risk-based approaches, where functions. Businesses can overcome this by conducting comprehensive due TPRM Challenges and Overcoming diligence on third parties before Them partnering with them. Detailed risk There is a comprehensive and significant list of challenges posed in front of effective third-party risk management. In this blog, we will discuss some of the key challenges in managing third party risks and strategies to overcome them. 20 July, 2024 www.insightssuccess.com

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24. third parties are categorized based on Aligning with industry frameworks and Moving to platform-based solutions for criticality and prioritized for standards like the ISO 27001 or NIST vendor risk management introduces assessments accordingly. Automation cybersecurity framework can help automation in risk assessments, tools can also help streamline and organizations benchmark against peers. documentation, and analytics. This speed up risk assessments by providing Joining industry groups to collaborate approach scales seamlessly across the questionnaires, document collection, on risk management practices is also network and provides comprehensive and standard templates. Focusing beneficial. Partnering with third parties visibility through integrated data. assessments on vendors handling to create standardized self-assessment Machine learning also allows sensitive data or critical services helps questionnaires helps reduce their benchmarking risks and predicting optimize resources. burden too. A test-once philosophy and non-compliance. Integrating GRC tools mutual acceptance of standard with procurement and P2P systems Complex Regulatory Requirements certifications and reports enable also helps embed risk early during the efficiencies. sourcing stages. Navigating different regulatory compliance requirements around third Oversight of Subcontractors Conclusion parties also poses challenges. Regulations like GDPR in the EU, With long and complex supply chains, Managing third party risk is complex CCPA in California, and others have businesses have to contend with 'fourth but critical for business resilience. specific obligations around vendor risk party risk' created by third party While there are many challenges, management and data protection. subcontractors. However, companies taking a proactive, pragmatic approach Understanding regulatory expectations often have little visibility or control focused on transparency, automation, and translating those to workflow over subcontractors, making risk standardization, and smart resource processes and contractual terms with oversight very tricky. Fourth party risk allocation can help companies global third parties makes compliance management is also an effective overcome roadblocks. The solutions lie difficult. component of a robust TPRM in assessing risk continuously, framework. In fact a sense of safety collaborating across the ecosystem, Partnering with legal counsel and and security must prevail throughout utilizing enabling technology, and compliance experts is important to the whole supply chain ecosystem. maintaining rigorous oversight. By interpret regulatory guidelines related making third party risk management a to third parties. Monitoring regulatory Requiring third parties to disclose their strategic imperative backed by senior changes and adapting policies and use of subcontractors and include flows leadership support, companies can procedures is also key. Implementing down of contractual terms is important. effectively scale their vendor assurance robust data protection measures, audits, Conducting spot checks or audits of programs. and due diligence aligned to leading critical subcontractors provides some regulations can help meet global visibility even if limited. Exploring Author Bio: compliance standards. emerging technologies like blockchain to enhance supply chain transparency Nagaraj Kuppuswamy is the Co- Lack of Standardization in Risk can also help with the oversight of founder and CEO of Beaconer, an Management Practices subcontractors. esteemed enterprise specializing in managed third-party risk using the While regulatory standards help Ineffective at Scaling Across Large cloud-native AI-based solution. With provide guidelines, many businesses Network an extensive portfolio of accolades and still struggle with the lack of industry certifications, Nagaraj stands out as a seasoned expert, boasting over standardization in third party risk Finally, addressing third party risks often remains a fragmented, manual 16 years of dedicated involvement in management practices across the process. This makes scaling risk the field of Cybersecurity. Throughout industry. Risk assessment management across a large, global their career, he has predominantly questionnaires, KRIs, audits, and network of third parties nearly focused on elevating the realm of third- contracts vary significantly. This makes impossible. Lack of automation and party risk assessment. You can connect benchmarking difficult and also creates additional burdens for third parties data integration poses challenges. with him through Linkedin. working with multiple clients. 22 July, 2024 www.insightssuccess.com

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