Digital transformation impacts the way that organizations deal with cybersecurity risk, says Tim Wilkinson of Avast Business, who provides advice on how to place security at the center of the transformation.
Carelessness, a lack of security awareness, unclear data ownership and poor toolsets are root causes of insider breaches, says Tony Pepper, CEO of Egress, which recently surveyed CISOs and employees to trace the cause of insider breaches resulting from both intentional and unintentional loss.
Numerous industries, including financial services, rely on transaction-based controls to help spot and block fraud. But increasingly, organizations are also using session-based fraud detection and prevention as an "early warning" alert system, says Kaspersky's Tim Ayling.
When it comes to drivers for implementing and maintaining privileged access management programs, Wallix's Grant Burst says that demonstrating compliance and safety remain top priorities. Another driver, he says, is the sheer interconnectedness of devices - driven by the rise of IoT.
Crowdsourced bug bounty programs help organizations identify severe vulnerabilities in their apps and infrastructure. But that gamification model has been evolving to supply not only penetration testing but also deep dives by single researchers, says Bugcrowd CSO David Baker.
A top cybersecurity imperative for organizations is to "take proactive mitigation before an event even occurs" by tracking attack trends and mitigating against emerging types of attacks, says Akamai's Jay Coley.
The threat landscape continues to evolve, says Chester Wisniewski of Sophos. "The more professional, the more skilled criminals out there are moving, seemingly, away from this 'spray and pray' mass exploitation approach and getting more targeted. It's what I call a blended threat."
In response to large data breaches, the retail and hospitality industry formed the RH-ISAC to serve as a central hub for sharing sector-specific cybersecurity information and intelligence, says Tommy McDowell, vice president, who explains how ISACs' roles are changing.
What are the top trends shaping the rising tide of financial fraud in 2019, and what can security professionals expect in the months and years to come? Trace Fooshee of Aite Group discusses changes in the fraud landscape.