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

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

THANK YOU

Sean Curran Senior Director, Cybersecurity [email protected]

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