SBS Presenter: Chad Knutson
Description: The 2017 Verizon Data Breach Investigations Report suggests 93% of breaches involve social engineering and that 8% of employees working in the financial industry will click on malicious link or attachment. With hundreds of thousands of people working in financial institutions around the country, we have a high potential level of risk. Cybercriminals have also weaponized tools into phishing emails that can compromise our systems and take over control. Phishing campaigns have been automated and are distributed as a service “crime-as-a-service” to other cyber criminals looking for repeatable processes to conduct mass-scale phishing campaigns. Considering the high probability of people to fall victim and the damaging destruction phishing can cause, it positions phishing as a digital weapon of mass destruction.
This discussion will highlight the advancements in cybercrime and social engineering that are targeting our people resources. Best practices will be discussed for processes necessary to improve the weakest links in our institutions. With a reliable process, we can measure the level of risk and implement effective risk-mitigating controls. The following topics will be discussed:
- Trends in Cyber Security Attacks
- Social Engineering – what you need to know
- Latest Phishing Scams
- Logical controls to reduce risk around people
- Creating positive cybersecurity culture
- Deploying continual and ongoing educational programs
- Unique ideas on educating people
- Automated phishing tests
Who should attend? Information Security Officer, IT Manager, Risk Officer, Internal Auditor, , CIO, and Executives looking to understand the risk around Social Engineering
Presented in partnership with GSB.
Hacker Hour webinars are a series of free webinars hosted by SBS CyberSecurity. Unlike paid webinars, Hacker Hours are aimed to meet on a monthly basis to discuss cybersecurity issues and trends in an open format. Attendees are encouraged to join the conversation and get their questions answered. SBS will also offer products and services to help financial institutions with these specific issues.