Their connection also supports the political and social ties on both sides of the Atlantic and their links to the rest of the world. The reality is they are both facing a growing dynamic cyber threat landscape that is indifferent to national borders and the potential impact of threat actors is asymmetric to the effort of the threat actors involved.
Leaders around the world, including the G7 have recognized that this interconnectedness and interdependence is a huge vulnerability and the potential “knock on” or “contagion” effects of a cyber-attack may have massive and devastating consequences to the global economy. As a result, there has been significant efforts on both sides of the Atlantic to develop and evolve the related legal and regulatory landscape. All these initiatives with a view and effort towards convergence and almost “harmonization”.
However, today’s reality for a CISO or those responsible for developing a cyber risk strategy for a global corporation is that the cyber legal and regulatory burden is bigger than ever, and the water is still muddy! The controls that are appropriate for one jurisdiction may not be appropriate for another. The Internet may be flat and threat actors may not be affected by borders and jurisdictions but today a flat harmonized converged cyber regulatory landscape is an aspiration NOT a reality.
This means that understanding the business value chain globally and the associated risks and regulatory concerns is an imperative for a cyber leader. Factor in geopolitics, complex data flows and governance, not to forget related issues such as BREXIT and you can appreciate the challenge for a cyber leader is immense.
Join Paul C Dwyer, President of the International Cyber Threat Task Force (ICTTF) and CEO of Cyber Risk International (CRI) for an executive cyber briefing in New York on March 16th.
Dwyer will outline the challenge in deeper detail and reference how CRI is leveraging their award-winning solution CyberPrism to help organisations on both sides of the Atlantic to develop appropriate cyber strategies and frameworks. This event is a must for cyber leaders in the financial sector or other key parts of the global economy.
Author: Paul C Dwyer
Paul C Dwyer is recognised as one of the world’s foremost experts on cyber security, risk and privacy. As CEO of Cyber Risk International he specialises in corporate and enterprise security, development of cyber defence programs, and business operations protection for CRI clients.
Certified an industry professional by the International Information Security Certification Consortium (ISC2) and the Information System Audit and Control Association (ISACA). Approved by the National Crime Faculty and the HTCN High Tech Crime Network. He has worked extensively around the world his diverse career spans more than 25 years working with military, law enforcement and the commercial sector.
Roles have included:
• President of the ICTTF International Cyber Threat Task Force
• Co Chairman of the UK NCA National Crime Agency Industry Group
• Advisor to NaCTSO (National Counter Terrorism Security Office)
• Advisor to NATO on Countering Hybrid Cyber Threats
• Advisor to UK Defence Committee DEFCOM in Parliament
• Deputy Chair – Organised Crime Task Force Industry Group – NI
• Interim Global CISO for Numerous Multi-National Organisations
• Advisor to Numerous Governments and Intelligence agencies
Paul is a member of a number of industry groups including the IoD (Institute of Directors), IIEA (Institute of International and European Affairs) and the IRM (Institute of Risk Management).
As an accomplished serial entrepreneur he has successfully built a number of security practices in the UK & Ireland and in 2016 was identified by Business and Finance as one of Ireland’s Top 100 CEOs.
His career started as a technical networking specialist, he then specialised, trained and qualified in a number of disciplines including but not limited to ethical hacking, forensics, international management systems, risk management, business continuity, international governance frameworks, financial service regulations, cyber laws and project mgt.
Bank of Ireland Startlab
140 East 45th Street 41st Floor; New York, New York 10017
Registration: 08:00 am
Start: 08:30 am
Finish: 10:30 am
If you are interested in attending this select event for senior cyber leaders, please register your interest here.