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Data Doesn't Really Matter

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Data Doesn't Really Matter WHEN IT COMES TO CYBER RESILIENCE, Data doesn’t really matter Sean Curran Senior Director, Cybersecurity © 2019 West Monroe Partners | Reproduction and distribution without West Monroe Partners prior consent is prohibited. Acceptance: In today’s world, even the most careful person will likely have his or her personal information stolen at some point by someone. We all need to accept that our data is as risk and will likely be stolen 2 https://www.forbes.com/sites/nickclements/2018/03/05/equifaxs© 2019 West Monroe Partners-enormous | Reproduction-data and-breach distribution-just -withoutgot-even West-bigger/#3a5b7c4f53bc Monroe Partners prior consent is prohibited. https://www.theplayerstribune.com/en-us/articles/brandon-marshall-nfl-mental-health-awareness 3 © 2019 West Monroe Partners | Reproduction and distribution without West Monroe Partners prior consent is prohibited. https://twitter.com/GMA/status/1060875880363307009 4 © 2019 West Monroe Partners | Reproduction and distribution without West Monroe Partners prior consent is prohibited. Organizations are changing the way they consume IT and attacks have evolved beyond the value of the data itself Monetization of Data (Cyber Crime) CYBER RISK: Increased targeting of company's with Cloud Adoption valuable data CYBER RISK: Unclear cloud strategy and vision leaves gaps Monetization of Resources (Cyber Crime) Cryptojacking CYBER RISK: Difficulty maintaining and validating accurate asset management Digital Transformation CYBER RISK: Increased publicly facing digital footprint introduces additional attack vectors Monetization of Availability (Cyber Crime) Ransomware THREAT CYBER RISK: Insecure cloud practices and poor BUSINESS incident response readiness may cripple an Data Integration & Interoperability TRENDS ACTOR organization CYBER RISK: Difficulty in securing MOTIVATIONS sensitive data that is continuously in flux across Supply Chain Attacks (Nation-State) environments CYBER RISK: Compromise of government partners for data exfiltration of government employee PII for extortion Rapid Development CYBER RISK: Immature development practices create cybersecurity risks Cyberwarfare (Nation-State) CYBER RISK: Actors causing chaos and confusion for partners of Big Data, A.I., and Machine Learning high value competitors (i.e. Microsoft, AWS) CYBER RISK: Increased hoarding of data for analysis and insights requires additional safeguards 5 © 2019 West Monroe Partners | Reproduction and distribution without West Monroe Partners prior consent is prohibited. Why business operations matter more than data DATA AFFECTED END USER OUTCOME ENERGY & PII breach, energy usage data leak No power or gas UTILITIES HEALTHCARE PHI or PII breach No surgery Although BANKING PII breach, password breach NoMany access people to money are this causes large affected, resulting in loss fines, few people MANUFACTURING Data breach for vendors, suppliers No productsof trust in manufactured the business or & DISTRIBUTION andare customers affected delivered HIGH TECH Customer data breach No media RETAIL Credit card breach No products sold © 2019 West Monroe Partners | Reproduction and distribution without West Monroe Partners prior consent is prohibited. Review your business continuity and/or disaster recovery plans Creating a Culture of Cyber Resiliency: 7 Critical Steps Pull your all-star resiliency team together Plan for what recovery would look like in different breach scenarios Document a detailed communication plan Address employee training and culture Think about the impact to customers in both a total shutdown and slower recovery scenarios Identify the necessary external partners who will need to help you address the breach and expedite recovery 7 © 2019 West Monroe Partners | Reproduction and distribution without West Monroe Partners prior consent is prohibited. Contact/Bio slide THANK YOU Sean Curran Senior Director, Cybersecurity [email protected] 8 © 2019 West Monroe Partners | Reproduction and distribution without West Monroe Partners prior consent is prohibited. About West Monroe Partners 9 © 2019 West Monroe Partners | Reproduction and distribution without West Monroe Partners prior consent is prohibited. That uncommon blend, paired with a team of industry experts, makes West Monroe an ideal partner to solve business issues INDUSTRY EXPERTS Consumer & Industrial Products Energy & Utilities Financial Services Healthcare FUEL PRODUCTIVITY AND PROFITABILITY THROUGH RESPOND TO REGULATIONS, EVOLUTION, AND INCREASE GROWTH AND PROFITABILITY OF CAPITALIZE ON A DYNAMIC AND CUSTOMER-CENTRICITY AND DIGITIZATION GROWING CUSTOMER EXPECTATIONS COMMERCIAL AND CONSUMER BUSINESSES EVOLVING MARKETPLACE Data Analytics M&A CX OpEx DRIVE VALUE FROM DATA PS ACQUIRE ENGAGE OPERATE Software Development DEVELOP LEADING SOLUTIONS RUN SMART, CUSTOMERS, OPTIMALLY, SEAMLESS GROW DRIVE TOP EMPOWER OPERATIONS STRONG LINE CHANGE Cybersecurity SECURE YOUR BUSINESS Mergers & Customer Operations Performance Acquisitions Experience Excellence Cloud & Platforms Services INNOVATE & RESPOND TO CHANGE © 2019 West Monroe Partners | Reproduction and distribution without West Monroe Partners prior consent is prohibited. West Monroe Partners is large and nimble enough to adapt enough to tackle our clients’ to unique requirements with toughest challenges custom solutions Established in 2002 West Monroe is a full-service business and technology consulting firm. People Over 1,000 professionals, confident enough to engage in constructive debate and understand that it’s okay to disagree. Organization We are 100% employee owned. We answer to our people and our clients only. Community We are dedicated to improving the communities where we live and work, which is why we donate 1% of our time, talent, and treasure to support organizations with similar values and goals. Global reach but geographically close We serve global clients, locally by partnering with BearingPoint Europe and Grupo Assa. 11 © 2019 West Monroe Partners | Reproduction and distribution without West Monroe Partners prior consent is prohibited. Collaboration across offices and global partners is extensive Global reach but geographically close We serve global clients, locally by partnering with BearingPoint Europe, and gASSA South America 9,000 consultants in over 30 countries NORTH AMERICA Serving fortune 500 and mid-market companies LATIN AMERICA GLOBAL NETWORK Unique IP and proprietary assets EMEA & ASIA 19 © 2019 West Monroe Partners | Reproduction and distribution without West Monroe Partners prior consent is prohibited..
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